Newsletter November 2008

Paris Real Estate News

Paris Property Market Update

The Parisian property market remains positive as prices across the capital continue to rise. Banks have recently announced that they will be lowering interest rates (see the article from France Home Finance) making it an even better time to buy in the French capital. For those of you holding dollars this is an excellent time to invest in a Euro property market as strong as Paris.
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Apartment search tips

Know the true value of the apartments you visit

Buying a property abroad can be an excellent investment when the market at home is stagnant or the banks are more favorable in another place. Yet as a well travelled person (as most people who invest abroad are) you cannot help but remember an experience that you had at one time or another where you were ripped off for just being a tourist.
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French Mortage News

Lana Marrash of France Home Finance comments on :

Good news: Interest Rate Cuts!

Last week, interest rate cuts were everywhere to be seen, with the European Central Bank (ECB) reducing their base rate by 0.5% to 3.25%, representing the lowest level since October 2006, and the UK slashing their base rate by a whopping 1.5%. Since the Eurozone inflation rate has fallen due to lower oil prices, with some economists forecasting that the annual rate will drop from it’s current rate of 3.2% to 1% by the middle of 2009, the ECB has changed tactics away from fighting inflation to focus on stabilising the economy, which means that it cannot rule out a further reduction in interest rates. Together with the determination of the new US administration-elect to tackle the economic crisis “head-on”, this represents good news for everyone.
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Discover Paris

Focus on the 3rd Arrondissement

Along with the 4th arrondissement, this neighbourhood makes up the Marais, the oldest neighbourhood in Paris. Many 18th century mansions that once housed the noblest families of Paris remain, such as the Hotel de Rohan. This is a multi-ethnic, local and working class environment with many fashion wholesalers, a cluster of art galleries, brasseries, some pleasant regular markets such as the ‘Marche des enfants rouges’ and an interesting mixture of generations.
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Interview

An Interview with one of our 15 Property Search Experts specializing in the center of Paris:
Stephane Levaux
 

What makes Flat Hunter good/why do you work for Flat Hunter?

Flat Hunter is very efficient, and we're given the opportunity to truly connect with our customers. The emphasis on great working relationships and the lack of extreme pressure to sell apartments is such a breath of fresh air, in stark contrast to most of the real estate world.
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Flat Hunter® Property Search Experts:
With you every step of the way to find your dream Paris property