2016 French Real Estate Market Is it a Go or No?

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With the current tendency for more French property owners to be negotiable in their sale price and the current low French interest rates on mortgages 2016 looks like a good year to be on a French property hunt in France. 

The experts quoted in this article in French say that the only thing that will stop the market being positive is a increase in the interest rates.

Why are interest rates so important?

According to l’Observatoire Crédit Logement the reduction of French mortgage interest rates between 2011 and today (2016) has had the equivalent effect of a 16 percent drop in property prices when you compare the cost of a purchase using a mortgage in 2011 compared to 2016.

Take advantage of this opportune time by having us place you in contact with an English speaking French real estate agent in your area of choice.

Contact us here