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Apartment for 15 euros per day

Christine Boutin, Minister of Housing likes the idea of selling at 15 euro / day. You probably already know the house selling at 15 euros per day by separating the frame of the land. Christine Boutin now embarked on the promotion of apartments for 15 euros per day. The goal meet the developers and boost sales of new homes by making a small operation com.

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Pret housing the deputies in the crosshairs

Did you know? French MPs and their assistants have many advantages, including the power eligible for a mortgage at a rate of 2%.

But since last week over rumors about a possible challenge to this benefit on home loans. So info ou intox?

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Estate Prices Rebound in November

The property prices have rebounded in November with a small 0.5% for the FNAIM. As is often the price of apartments rose by 0.9% longer than the home prices rose only 0.1%. But according

FNAIM this rebound is not sustainable ...

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Estate Decline Effect of TEPA Credit

Le Figaro has just announced that the government had estimated the effects of TEPA on the real estate market. The estimate made on the property market showed that property prices have declined 4% if the TEPA had not come into force. Indeed, the main measure of this law was the deductibility of a portion of the interest mortgages. This measure has had a mechanical effect on property prices.

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estate decline year-end rebound in real estate

The see their mortgage rates to fall in this season, it's time for gifts.

Over 20 years, the average rose from 5.25% to 5.15% between December and November. Good news for the housing market is struggling to finish the year without a further decline in housing prices .

Buyers seem unresponsive to this lower interest rates , it must be said that banks have tightened their criteria and a year ago the rate was still 4.85%. The ECB would further lower its key rate and the buyers are smart and wait.

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Credit uk

The housing crisis has hardened in recent months in the United Kingdom with declines in real estate well above those at the beginning of the year. And yet?

Yet rate mortgages are at their lowest. Then the market just know are the first positive development since almost 1 year. The number of mortgage between September and October increased 10%. In contrast to a year down the number of credit remains above 50% with -52%.

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down real estate transaction at 25% -20%

The housing crisis is confirmed in France. The managing director of the FNAIM has announced his fears. For him the fall of transactions should be 20 to 25% between 2007 and 2008.

For property prices, the Delegate-General considers that it should be around 5% over 2007.

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anti-crisis measures Sarkozy estate

Nicolas Sarkozy has announced his anti-crisis measures including housing crisis.

2 measures have been put forward for housing market: the zero-interest loan and demand structures of the state of 70,000 homes.

So good news?

One is good, the second, in fact, the State will support its application by the real estate market, construction and property development. A crucial point for employment and the French GDP. It is also necessary that this be put into operation rapidly.

The maximum interest loan will be increased and this is not necessarily a good idea. Indeed, only households in precarious situations can have this ready so that more attractive for households struggling to borrow. Not terrible is not it? We rebuild a helping subprime? And banks will they accept to pay the rest? This measure is less good.

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ECB rate cut history

The ECB has decided to tackle the financial crisis and recession European to take the bull by the horns. Today, Jean-Claude Trichet announced a reduction of 0.75 basis point its main policy rate. Previously reluctant to lower its rates because of inflation, the ECB chose to take a radical position.

So we can assume that in all this, the mortgage should pick up slightly in early next year as long as banks back to business and this impact on their interest rates.

Good news for the housing market. Certainly it will not find the path to higher right now, but it should at least limit the risk of real estate crash.

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Nexity provides a drop Construction

CEO of Nexity announced his fears for the year 2009. Indeed for him, the construction sector could see number of dwellings constructed halved.

It may be a message sent to our Head of State's cooking now a recovery plan for the sector Construction of the . Nexity hope the President announces a cut in VAT for buyers eligible for welfare plans.