Sunday, 30 August 2009

Sunday, 30 August 2009

Increased activity and sales

A few weeks ago, I was reporting on signs that the market was picking up. The trend was steady rather than spectacular, starting with properties below 250,000 €. I am delighted to report that this trend is continuing, and as August closes, it has been our best month for sales since June 2006, with properties moving in just about every price band. Quite what has inspired this rush of buyers is quite difficult to pinpoint. The £ : € rate has in fact dropped below 1.15, at level at which it has been comfortable for many weeks. That is good news for vendors returning to the UK, but hardly likely to inspire the rush in the opposite direction. In fact we have seen quite a change in the profile of our viewing clients, with a good International mix, made up of American, Canadian, Belgian, Dutch, Australian, and Spanish, plus of course the French & British that you would expect. I think this shows that our exposure to different markets via our extensive website portals is an important factor, and that we offer 1st class service levels throughout, to ensure that clients are very satisfied with their Allez-Français experience, whether they buy via ourselves or not. I suppose the simple facts are that at last, people are starting to find that house sales are re-commencing, and that one sale fuels another. Certainly, I feel that property prices have bottomed out now, and the market will be looking ahead with anticipation as opposed to fear. Last weekend we had the unusual situation of 2 offers from different buyers for the same property, whilst the owners also had 2 other offers on the table via different agencies to consider. It just goes to show that if the property is competitively priced, there are buyers out there. Peter Elias (Agent Commercial), La Moinerie, 79500 Paizay le Tort, Deux-Sèvres, France
E-mail: allez-francais@wanadoo.fr Website http://www.allez-francais.com
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