Tuesday, July 1, 2008

Volunteer Hours L;ett Smaple

signals of lower property prices are increasing purchasing power

according to several articles Press reports this week, the first "real" signals a persistent fall of real estate have emerged.
For several days the big agency networks will go their prognosis. Laforet and the network predicted a decline of 15% by 2 years.
However, these ads are relative: in the first quarter of 2008, prices in Paris and its suburbs have increased. But, according to Insee, the prices are still trying to stabilize.
Regarding the province, the decline is real this time. Potential buyers hesitate to make offers up to 10% cheaper than the advertised price. These prospective buyers would be wrong not to play the negotiations: it runs to 89 days between the sale and the signing of a compromise (75 days in 2007), and all this with a decline of 10% of transactions. Those who are eager to sell, no longer have much choice ...