French panel survey of notaries have expressed this summer as found a low or worsening perception of the real estate markets and overall estate for individuals and corporations to prepare future. Future price is seen as going lower. Good timing to buy or should wait? As usual it depends. For lodging and accessing credit is the right time before interest rate move up. 1% interest raise is beyond a 30% price increase (inflation even not applied) on a 30 years loan life. Needing to adapt to new situation to up-size, downsize or "socially" move up, also it is a good time to buy. As to sell, well the taxations and hefty capital gain hammering might call for postponing if no emergency. For income producing it will depend if buying cash, with credit and what rate, though French benefit from life insurance, w years loss of wages and if leased with FNAIM property managers at least with 1 year contract access to an insurance policy to pay tenants loss of salary or employment up to 2 years plus free attorney to evict and property damages in case of "tenancy rage"... or lack of maintenance by tenant. Clearly the income producing and cash flow are MUCH higher and less taxed in US, Thailand for residential and commercial. If you can get the right property. Retail in France along specialized commercial (medical hospitality, aging services) are great. Other: select the right professional to work with and make due diligences!!! mon-immeuble/actualite/marche-immobilier-tendances-et-previsions-des-notaires
Posted on: Mon, 26 Aug 2013 06:58:34 +0000
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