Video: London Real Estate Record Compared To Paris Real Estate

At this time, French property prices are not souring upwards like in England particularly London.

In recent months luxury apartments in Paris are not selling well but in London there is competition in the market fuelled by wealthy buyers who see London as a great investment.

In the news today is the sale of a London apartment for 140 million Euros. This approximately 1500 m2 unfurnished apartment is located in One Hyde Park which is becoming one of the most sought after residences in London.

Watch the marketing video for One Hyde Park below

NOW Avoid the market competition in London and check out the hidden gems in the French property market with the assistance of an English speaking French real estate agent.Oea in France you want to check out and we can connect you to an English speaking real estate agent in the area at no charge to you for our assistance.

If you would like to connect with an English speaking French real estate agent who will be able to update you on the current market conditions and help you find your French real estate investment learn how we can help here

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Paris Real Estate News: stable housing prices and falling sales

French Water Source

 

Paraphrase in English of French Real Estate Notary News original article in French is here

The purchase price for an old apartment in Paris is the same today as it was 3 months ago. “While many factors argued for a lower price, they show a persistent strength” stated notaries during their press conference, Tuesday, May 28 2013

The Real Estate Market is Blocked in Paris

The lack of change in price is accompanied by a sharp fall in the volume of transactions. “The market is blocked” laments Mr Thierry Delessale.

Since prices remain high and there is economic uncertainty, and fear of unemployment many people are discouraged from buying.

“Potential buyers are waiting for a drop or can not buy, and sellers continue to keep their position.”

There has been a very significant decline in the number of sales but no change in prices.

The question is whether this situation can continue.

The only thing for sure is soaring property prices in the 2000s are well and truly over and the last two years, prices have tend to stabilize. Meanwhile, they are still high.

Date of Posting May 2013

Read now some of the responsibilities of a French Notary

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