According to an article in Le Figaro, Crédit agricole Economist Olivier Eluère states that prices have fallen in France slightly but he believes they are still overvalued by 15 percent at this moment (January 2014).
Mr Eluère believes that in 2014 the French real estate market will remain calm and he expects prices to fall by approximately 4 percent.
He also anticipates that French property mortgage rates will start to go up little by little in 2014.
Is it time for you to see if you can find an opportunity to buy in France before the mortgage rates go up?
Do you need to speak to an English speaking French mortgage broker? Contact us
Read original article in French here
Below you can get your free introduction ebook about French real estate mistakes to avoid
Get your FREE copy today
Request below via the sign up form. Just scroll down, add your email and click Subscribe
This request also entitles you to our biweekly ezine and you can unsubscribe anytime.
Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.
when no one is buying the timing can in fact be excellent to buy. Some builders, for example, will include a garage or parking space at no extra charge in a purchase of a new apartment depending on the developer and the location of your purchase. In highly popular or populated cities a garage or parking spot is a valuable benefit item.