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Le Monde, March 25th 2023
Selling your property when prices drop by Nathalie Coulaud
After several years of euphoria where almost everything sold without difficulty at ever higher prices, the rising cost of credit is causing buyers to become rarer and to negotiate more. A price adjustment is in progress and efforts on the condition of the property is strongly recommended, even an energy renovation. Discover the point of view of Alexander Kraft, CEO of Sotheby’s International Realty.
Capped prices, a drop in sales, a decline in demand: this is the current observation in the high-end real estate market, particularly for properties whose value is between 1 and 7 million euros. But in the ultra-luxury segment – where property values are higher...
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Real estate, the new prices for the 2023 school year. This sometimes criticized sales strategy offers a property, often atypical, from a customer file, without advertising. A test that can hold some pleasant surprises.
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Like everywhere, access to property is becoming complicated. But, although transactions are fewer, prices remain high, particularly on the coast. Although the market is no longer as active as in recent years, it remains stable and buyers are present. Check out this...
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