Finally French Property Prices on the Rise, not everywhere

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Do you own or plan to own a French property?

According to the lastest INSEE report prices of existing homes in France rose just a little bit during the first 3 months of 2015, depending on where the property is.

The increase is only 0.3 percent but it is the first increase since 2011.

More specifically, this price increase impacted houses, apartments are still on the decline at a rate of minus 0.2 percent

Worth noting: Prices in Paris in general continue to decline and prices in Provence in general have started to increase.

For more specific details we recommend you speak to an English speaking real estate agent in your area of choice.

If you do not know an agent we can help put you in contact at not charge to you. Contact us here.

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If you would like a copy of this report in French please contact us here.

8 Steps to help Sell or Rent a French property

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If you are trying to sell or rent your French property the following ten ideas have proven over and over again to make a significant difference in the likelihood your property will sell or rent in most types of market conditions.

One
Fresh Neutral Exterior Paint
Why? It shows you care about the look of your French property and makes a great first impression.

Two
Fresh Neutral Interior Paint
Why? It can make inside a property appear brighter and shows you care about the condition of your French property

Three
New Flooring in Main Areas of the Home
Why? Most buyers see flooring as expensive and time consuming to install. For renters it is a refreshing experience to enter into a property where the floor is like new.

Four
Eliminate Wallpaper
Why? Most buyers or renters do not like wall paper. Buyers find it challenging to remove and renters see it as an obstacle to personalization of their new home.

Five
Remove Personal Items on Display
Why? This helps the buyer or renter imagine themselves living in the property, your personal items distract them from feeling at home.

Six
Increase Lighting with Higher Wattage Bulbs
Why? This helps the property appear brighter.

Seven
Clean and refinish the Terrace or Balcony
Why? Most French property buyers and renters dream of sitting outside in the sun so make them see your outdoor space as inviting as possible.

Eight
Organize the garage and all storage areas
Why? This demonstrates that your property has the needed amount of storage space. Untidy storage can be seen by visitors as there is not enough room to store items.

These may seem like basic ideas yet many French homeowners do not complete the majority of these steps as they prepare their home for market. Most of these tips are simply to improve the appearance of the property.

Learn lots more ideas in this e guide. 

French Bank breaks Trend and Increases Mortgage Rates

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If you are investing in French real estate and you are planning on financing the project the good news, according to most French mortgage brokers, is that the rates are not going up for the moment.

However, French Bank Credit Lyonnais just increased its rates overall by 0.1 percent so a 20 year mortgage is now 2.2 percent versus 2.1 percent last month.

For a 200,000 euro mortgage this is the equivalent of 8.42 euros per month states Hervé Pratt President of Meilleurtaux.

However, Hervé Pratt says he doubts this will make any change for the current market place.

The anticipation is that mortgage rates will start to rise in the Autumn of this year.

If you wish to speak to an English speaking French mortgage broker for up to date advice we can help you connect at no charge. Just contact us here.

Read the source article in French here

Paris Real Estate Market Sales Decline

The number of Real Estate Sales in the Paris region of France are down again.

According to the latest report from the Notaries of France sales in the Paris region are down 14 percent.

In Île-de-France, between December 2014 and February 2015 approximately 31 000 units were sold. This is 14% less than during the period December 2013 and February 2014.

For more details visit the notaries of France website here or contact an English speaking French real estate agent in your preferred area of France. You can contact us to assist you in finding an agent for you at no charge.

Photos Jean Luc Pele Desserts Cannes

Jean Luc Pele Macaroons

We all know that France is not all about about real estate there are many different parts of French culture many people find delicious.

One is the food, more precisely, the artistic preparation of the food with a particular focus on desserts.

In Cannes on the French Riviera you will find in one store the artistry of Jean Luc Pelé.

The photos only give you a sample of what you will see.

When you taste a treat you will have a whole new experience.

Happy tasting!

P.S. Jean Luc Pelé’s artistry is another good reason to have a property in Cannes! Contact us if you need an English speaking French agent.

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