Thursday, February 14, 2013

Even macarons get better in France on St Valentines Day......

It’s a relatively simple confection made with ground almonds, sugar and egg whites but the macaron has over the years become the cookie of choice throughout France.  

They are delicious and come in as many colours and flavours as your imagination can muster. 

But today, St Valentines day, here in St Malo they take on a romantic twist with the usual round varieties being replaced by heart shaped and raspberry filled deliciousness.

We might not have had roses this morning but we will most definitely enjoy one of these which is sitting quite temptingly in our fridge as we write this ......

Happy St Valentines Day ......

Monday, February 11, 2013

Sellers told to cut prices by up to 15%

A leading French estate agency group has recently written to its vendors telling them to cut their asking prices by 5-15% if they want to sell in a reasonable timescale.

How’s that for proof that we are definitely in a ‘buyers’ market’ here in France.

Bernard Cadeau, President of Orpi Immobilier  which has agencies across France, particularly here in Brittany,  was speaking  as banks moved yet again to boost the market by dropping mortgage rates to their lowest since ‘the Liberation’ meaning that a 20 year fixed loan of €200,000 costs you €20,000 less now than it did at the beginning of December last year.

Mr Cadeau said, that in a recent test, cutting prices by 3% had seen the delay in getting a sale fall by 17% and increase their sales across the test by 20%.  He also highlighted the movement between asking prices and final selling prices for properties which grew from 7% at the start of 2012 to 15% by the end of the year.

It’s time to grab a bargain ….. and as on average our property finding network saved between 16-18% on advertised asking prices last year we can save you even more money just because we are here on the ground and understand the market on a local basis……….

….. and having recently negotiated a massive 36% off asking price for a recent client, sometimes we even surprise ourselves.