What percentage of French people own property? Rent property?

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What percentage of French people own property? Rent property?

In France according to a new report in French in Explorimmo almost six out of ten French people own their own home.

In fact, in 2002 56.1 percent of French people owned their own home and in 2015 57.7 percent of French people own their own home.

With regards to renting:

In 2002 39.6 percent of French people were renting their own residence and in 2015 39.3 percent of French people were renting.

We know the math does not add up to 100 percent we can only guess the difference must be for people who are living with others for example children with parents and students in school housing.

Compare the French renting statistics to other European countries:

47.5 percent of Germans rent their own home

42.8 percent of Austrians rent their own home

36.7 percent of Danes rent their own home

35.2 percent of residents of the UK rent their own home

34.9 percent of the French.

It continues to be clear that French people like their real estate.

No surprise there is a lot of beautiful property to own in France.

If you are looking to get the best price on your piece of French real estate get this guidebook and contact us to help you find a real estate professional in your area of choice.

Read the source article here in French

NEWS: Have you seen our French real estate buyer’s guide that comes with a 100 percent money back guarantee? Here it is

French real estate: How to decode and understand a French property advertisement

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How to decode and understand a French property advertisement

French real estate advertisements are very different from the advertisements used in other countries and we are not just referring to the language. You don’t see an advertisement saying ‘deux chambres’ that would be a direct translation for two bedrooms in English. Instead you will see a code like T3. Nothing to do with The Terminator movies

Here are an examples of two very popular articles posted on this site we published that are sure to help you as you work on decoding French property advertisement.

What does T1, T2 and T3 mean in a French real estate advertisement?

What does RDC mean in a French real estate advertisement?

NEWS: Have you seen our French real estate buyer’s guide that comes with a 100 percent money back guarantee? Here it is

Before you request the free ebook below read what people are saying about ESREA France – some examples:

Cynthia Sadler wrote ” I am so grateful to you for your help, and I have already spoken to friends who are planning to retire in France after their children graduate from college in 5 or 6 years, letting them know about the wonderful support that ESREA France will be able to provide when they start looking for a house to buy. You can be sure that I’ll be referring other friends who are thinking about relocation possibilities to you as I learn of that interest!I”  

Tanya Coletz wrote “I can’t recommend David enough, such a refreshing experience after months of trying to find suitable professionals myself he managed to find English speaking, qualified and responsive recommendations immediately. He also responded to my emails on a French holiday and followed through on every promise at a very reasonable price. I’m very grateful for his help and highly recommend his professional service”

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Note: Details on our 110 Tip electronic French real estate buyer’s guide plus checklists is here.

French Real Estate: Is this property really a good purchase?

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French Property: Is this property really a good purchase?

Sometimes when you find a French property for sale and it appears to be a good purchase it may actually be simply a money pit or a poor quality purchase.

Here are red flags (and more exist) that suggest you need to check out the French property more before you sign any papers:

One
The owner needs the money
If while you are visiting a French property the owner says they are selling since they really need the money this could be a warning. Normally an owner never tells you they need the money and if they do they could be looking for a quick sale since there is a problem with the property.

Two
The owner is leaving the country
If the French property owner tells you they need to sell quick because they are leaving the country this is also a warning. This means that if there are any problems with the property and you have a legal right to go back to the owner for compensation but the owner has left the country you have bought a problem.

Three
The owner refuses to let you have the property inspected
Another big warning sign, why would an owner not want you to know all the details of the property? Do not walk, run away from the home!

Four
The owner does not answer questions clearly
You are unsure about the neighbourhood and the owner does not directly answer questions about neighbours and does not want you to disturb them. This suggests again there may be a problem you need to know about.

Five
The owner does not want you to visit
If the owner somehow is not available for additional visits to the property particularly the day or days just before you sign the contract / compromis at the notary’s office be concerned.

Six
The owner is not French and just bought the property
If the owner is not French and just bought the property but wants to sell it quickly you need to ask questions to make sure you are not buying someone’s else bad experience.

Good Advice:

One
Talk to Neighbours

Two
Check with the city hall about building permits and work that can impact the property

Three
Get a professional inspection

Four
Do multiple visits at different times of the day

Five
Study the contents in our buyer’s guide that has 110 tips to help you make the right decision.

We highly recommend you learn as much as you can about French real estate before you even start looking at French real estate. A good starting point is review the 700 plus articles on this site or if you need to save time you can check out our 110 Tip French Real Estate Buyer’s Guide.

Susans French Oasis a French real estate dream

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French real estate can lead to all kinds of wonderful experiences.

About two weeks ago we decided to create an Instagram account as a way of sharing all the beautiful pictures we have of French real estate.

As a result of one posting on Instagram I came in contact with Susan the owner of a blog about her life in France very nicely name Our French Oasis as it is just that for her family.

Curious to learn more about how Susan, her husband, their five children, two dogs, two cats and approximately 10 chickens (!) live their life in France I gave her a phone call.

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We had a wonderful conversation and I highly recommend you check out her blog to learn more about what it is like to live in the Charente Maritime department of France.

Susan’s blog is Our French Oasis

A good starting point is this page on her site about her and her family.

These 3 photos are all courtesy of Susan. She has lots more fun and interesting photos on her site.

Bon voyage!

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French Real Estate Market Upturn Now in Effect 2016

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The French real estate market is now in an upturn.

Can this be sustained?

When you read the latest report of the notaries of France on the French real estate market you will notice some interesting trends.

The current rise in prices is a bit deceptive.

In Greater Paris year over year the ten to fifteen percent increase in sales volumes is still lower than the years of 1999-2007.

In the French Provinces year over year the rise is still under eight percent.

In addition, the recent rise in prices over the last six months simply off sets the downward trend in the last six months.

Worth noting:

Low interest rates is still keeping buying power strong.

Supply is still very positive.

The Notaries say Buyers needs to make decisions soon before supply starts to go down and interest rates start to go up.

Consult the below infographic courtesy of the Notaries of France for more details. Get Report

Details on the median price per square meter of pre-owned apartments

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Media selling price of pre-owned homes

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Get your own copy of the report here. 

Looking to contact an English speaking French real estate professional we can help you find one in your area of choice. Contact us we do not charge you for this service.