Paris apartments

Paris real estate holding strong

2008-05-24T07:32:00.000-07:00

Despite the recent negative impact on the real estate market in a number of countries due to general economic factors and the Sub prime problems in the US, Paris real estate is sustaining its value. The International Herald Tribune recently published an article explaining the factors causing this strength and Glenn Cooper was asked to share his thoughts on the topic.

Please click here to view the Tribune's article.
http://www.iht.com/articles/2008/05/14/business/house.php

Mr. Cooper was also filmed for their documentary on Paris apartments and given the opportunity to explore some of the reasons why Paris real estate is still an excellent investment today. You can view the video here:
http://link.brightcove.com/services/player/bcpid959009704?bclid=1026280058&bctid=1552650265

Please feel free to contact Glenn Cooper with any questions or if you are considering the possibility of investing in Paris.

www.paris-aparts.com
coopergl@gmail.com

Do falling US real estate prices indicate that this will soon be happening in France?

2007-04-20T14:02:00.001-07:00

A recent article published in a French real estate Magazine, “Le Particulier a Particulier” produced a brief comparison report between the US and French real estate markets. Their conclusion was that the current trends in the US will not necessarily cross over the Atlantic and effect the French real estate market in the same way. They state that a number of key differences between the two countries are likely to prevent this from happening.

The US real estate market wavering was a chain reaction; while real estate prices were exploding, many financial institutions granted high risk loans purely based on the continued expected rise in real estate prices. When prices fell, the market became heavily unbalanced. Refinancing for highly overvalued and already strongly leveraged properties was common even when current market values were dangerously high and out of sync with standard market valuations. The growing number of sellers in the US who have not been able to sell their properties for as much as they had in their outstanding mortgages has reached alarming levels.

In France, mortgage legislation is tougher than in the US, and more controlled. Lending is tighter and therefore the number of foreclosures in France pales with respect to the US market. Furthermore interest rates are still down at historically low rates of about 4% which continue to promote transactions in this very alive real estate market. Paris real estate is booming these days.

If you are interested in purchasing a Paris apartment, please visit our website:
www.paris-aparts.com
Or email Glenn Cooper at: coopergl@gmail.com

Do falling US real estate prices indicate that this will soon be happening in France?

2007-04-20T14:02:00.000-07:00

A recent article published in a French real estate Magazine, “Le Particulier a Particulier” produced a brief comparison report between the US and French real estate markets. Their conclusion was that the current trends in the US will not necessarily cross over the Atlantic and effect the French real estate market in the same way. They state that a number of key differences between the two countries are likely to prevent this from happening.

The US real estate market wavering was a chain reaction; while real estate prices were exploding, many financial institutions granted high risk loans purely based on the continued expected rise in real estate prices. When prices fell, the market became heavily unbalanced. Refinancing for highly overvalued and already strongly leveraged properties was common even when current market values were dangerously high and out of sync with standard market valuations. The growing number of sellers in the US who have not been able to sell their properties for as much as they had in their outstanding mortgages has reached alarming levels.

In France, mortgage legislation is tougher than in the US, and more controlled. Lending is tighter and therefore the number of foreclosures in France pales with respect to the US market. Furthermore interest rates are still down at historically low rates of about 4% which continues to promote transactions in this very alive real estate market. Paris real estate is booming these days.

If you are interested in purchasing a Paris apartment, please visit our website:
www.paris-aparts.com
Or email Glenn Cooper at: coopergl@gmail.com

Paris Real Estate considered an excellent investment

2007-02-13T16:30:00.000-08:00

A report published this week by Price WaterHouse Coopers and the Urban Land Institute confirms that Paris is considered the number 1 location in Europe for real estate investments.
Paris reste la capitale des marchés d'investissements immobiliers

Paris' economic stability as well as it's very central geographic location in Europe continue to support the growth seen in the real estate market here over the past 10 years. In addition the report outlines a number of fiscal advantages to real estate investors in Paris, which have led to an increase in foreign investment in Paris.

London was ranked number 2. The analysts feel that London has the lowest risk to investors of any city in Europe and has the highest growth in the rental market.

Glenn Cooper
www.paris-aparts.com

Paris apartment hunting services

2007-01-22T16:07:00.000-08:00

Glenn M. Cooper is happy to announce that he is offering his services to all persons interested in purchasing a Paris apartment. He has lived in Paris for the past sixteen years and been involved in many apartment purchases and sales. He has decided to share his experience in the field of Paris real estate by helping other clients who are interested in purchasing a Paris apartment. His experience, resources and knowledge of Paris real estate will make the process straight forward for you.
Please visit his website: http://www.paris-aparts.com
Or email him: coopergl@gmail.com