Sunday, November 30, 2008

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U.S. real estate crisis

A little time to take stock of the U.S. housing crisis . Offers challenges in one of his videos zoom in on the city of New York often the symbol of the power of the U.S. real estate and success.

Friday, November 28, 2008

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Nicolas Sarkozy sees a 20% decline in real estate

"operation 30,000 housing starts a price decline of around 20% "

That phrase Nicolas Sarkozy, who sees the real estate crisis means to become the French owner.

Yet such a drop in real estate will have far-reaching implications. So to compensate for the Head of State promised the introduction of measures to support the construction and real estate.

Wednesday, November 26, 2008

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Fall of property in France

The end of 2008 looks like the whole year if not worse. Why?

sales figures for housing collapse gradually. MEEDDAT has announced the sales decline of 44% over one year. For their part starts are not better with a decline of 20.6% over the past 3 months! The end of the year is difficult and so it was hard to see France enter the housing crisis I think now it's done. The good old days of the housing bubble is far away.

Monday, November 24, 2008

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HSBC sees a decline in real estate until 2010

HSBC sees red at the end of 2008. Indeed, for Helen Lemoine specialist real estate market, housing prices are not ready to return to the upward paths.

Several reasons: falling sales, falling prices, rising unemployment, credit conditions ...

House prices New expected to drop 5% in 2009 and 7.5% in 2010. The specialist said that these reductions are enormous because at the last real estate crisis, the maximum annual decline was only 2.4% in 1994. Nothing good for years to come then ...

Sunday, November 23, 2008

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drop in real estate sales

home sales fall sharply in France. So players property market in France suffer the consequences.

Real estate agencies are undergoing real estate crisis. Thus, more and more of them put the key under the door and others heading towards bankruptcy.

Industry representatives believe that their number is expected to decline 10 to 15% in 2009. It is true that for 10 years the number of branches has increased by two and the sector has not improved in quality. With the housing bubble recent years many have improvised sellers of real estate. While declining quality, funding crisis and falling real estate prices, it is time to purge.

See article: Lower transaction worries estate agents

Saturday, November 22, 2008

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Laforet predicts strong decline in real estate salesman in Miami

The financial crisis is wreaking havoc and could well turn into a housing crisis. Laforet estate provides an end-2008 difficult.

The decline this year could reach 15%. Indeed for this group of estate agents would decrease the translation of the margins of negotiations that currently exist (15-20%).

For 2009, the group provides a stabilization of the decline after the steep decline in late 2008.

Thursday, November 20, 2008

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With the U.S. housing crisis and the favorable exchange rate for Europeans, more and more buyers will make purchases in the U.S. including Miami. Enough to make the happiness of the French real estate salesmen who have moved there.

Monday, November 17, 2008

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Lower real estate in the United - Kingdom

In the United Kingdom, property prices do not stop falling since the beginning of the year and financial crisis does not help anything.

In October, housing prices fell 2.9%! An abyss ...

And now a year down the real estate was 7.1% overall.

However, financing conditions are the best since the base rate is the lowest since 1955!

Unbelievable.

Saturday, November 15, 2008

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FNAIM: Lower real estate confirmed redundancies in France

The financial crisis wreaked havoc in many areas but the finance and real estate are at the forefront. Result, in France where the real estate market resisted rather well house prices are falling.

A falling house prices confirmed by the figures of FNAIM. In October, the agency noted a general decline with -1.2%: -0.8% to -1.6% for apartments and houses. Long ago that prices in France had not experienced such a decline.

Unfortunately the housing bubble is not yet ready to plug its leaks. Buyers have many understood and subject to the law after several years of vendors, it is they who are now in the final negotiation. The decline seems to be sustainable as far as 2009 is already announced as a sharp drop.

See article: The Fnaim confirms the decline in property prices in the old

Friday, November 14, 2008

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Foncia

In financial crisis, Foncia is facing difficulties. Foncia thus realizes redundancies sometimes abusive to view this story. But without unions, employees Foncia can not defend themselves. The crisis seems to address the real estate agents.