ECB rate cut: what does that change for real estate loans?

ECB rate cut: what does that change for real estate loans?

The horizon is brightening for real estate loans. After an unprecedented phase of monetary tightening, the European Central Bank (ECB) began on Thursday June 6 to lower its key rates. A decision which offers a slight breath of fresh air to ease tensions on real estate credit. Serving as a reference, the rate on deposits … Read more

“We were thought to be crazy”: these young people who buy and renovate huge farms and barns

“We were thought to be crazy”: these young people who buy and renovate huge farms and barns

“It’s the project of a lifetime.” Gaspard, 31, is one of those owners who decided for their first real estate purchase to think big, very big. They acquired barns or old farmhouses and embarked on monumental renovation work. An atypical choice that appeals to some first-time buyers while the real estate market is going through … Read more

Real estate: Chinese giant Evergrande fined 532 million euros for fraud

Real estate: Chinese giant Evergrande fined 532 million euros for fraud

The descent into hell continues. The Chinese developer Evergrande, with astronomical debt and which has become a symbol in China of the real estate crisis, was fined 532 million euros for infractions, the stock market regulator announced on Friday, May 31. The setbacks of the group, former number one in real estate in China, have … Read more

Real estate crisis: Ile-de-France residents forced to buy smaller

Real estate crisis: Ile-de-France residents forced to buy smaller

Candidates for property have not regained sufficient purchasing power. According to the Crédit Logement/CSA Observatory, the much-hoped-for decline in interest rates only concerns a few basis points: the average rate, excluding insurance and all loan durations combined, rose from 4.18% to the fourth quarter of 2023 to 3.99% in the first quarter of 2024. For … Read more

Real estate: the new housing crisis is hampering local development

Real estate: the new housing crisis is hampering local development

Month after month, the building sector continues to sink into crisis. “Each time, we think we’ve hit rock bottom; and the following month, it’s even worse,” laments Pascal Boulanger, president of the Federation real estate developers. All the lights are red. Thus, only 81,800 housing units were authorized in the first quarter of 2024, down … Read more

Real estate: buying life annuity, a good plan for first-time buyers?

Real estate: buying life annuity, a good plan for first-time buyers?

Those under 34 seem to be considering the question of life annuity. Among the 41% of French people saying they are interested in purchasing a life annuity, half of them are between 25 and 34 years old, according to a study published this Thursday, May 16 by Optimhome/Harris Interactive. A particular type of purchase that … Read more