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US News Immobilier: these cities the most neglected by buyers during confinement

21:35  03 december  2020
21:35  03 december  2020 Source:   programme-television.org

Emergency for towns and working-class neighborhoods

 Emergency for towns and working-class neighborhoods © Stephane LAGOUTTE In Saint-Denis during the first confinement, on April 2. Of the 100 billion of the government's stimulus plan, 1% must be allocated without further delay to weakened territories whose situation has continued to deteriorate. Grandstand. I am one of the 101 mayors of France who signed an open letter to the President of the Republic on November 16.

This video is about the always present danger of your city getting abandoned do to the problems of "Not enough goods to sell" and "Not enough buyers for

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Immobilier : ces villes les plus délaissées par les acheteurs durant le confinement © Samuel Berthelot Photography - Getty Images Immobilier: these cities the most neglected by buyers during confinement Buyers have significantly abandoned their real estate projects in large cities de France according to data from the SeLoger advertising site.

The real estate chain has been severed. Credit production collapsed 17% in November compared to the same period last year, according to data from the Housing Credit Observatory / CSA. Nothing more logical, since real estate visits were prohibited during confinement, and only resumed on November 28. What to discourage new buyers? In part, based on data collected by the SeLoger ad site, which Capital publishes. While the re-containment took effect on October 30, SeLoger compared the volume of ads viewed on its site between the 8 days following that date, and the 8 days preceding it.

The rental framework extended to four cities and Ile-de-France

 The rental framework extended to four cities and Ile-de-France © Copyright 2020, L'Obs After Paris and Lille, the four cities of Bordeaux, Lyon (including Villeurbanne), Grenoble and Montpellier, as well as "Several inter-municipal authorities in the Paris region" have "applied" to regulate rents, announces the Minister for Housing Emmanuelle Wargon, in an interview with the daily "les Echos" dated Tuesday, November 24.

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The volume of research has thus drastically decreased by 18% on average. A significant drop, but nearly three times lower than that observed during the first confinement (47% at the time). In contrast, the number of searches per user did not change over the period, after falling 14% in the spring. Proof, according to SeLoger, that the remaining visitors are “still as involved and motivated in their research”. A more detailed analysis shows that some cities clearly saw potential buyers put their project on hold. In four cities, with usually dynamic real estate markets, the volumes of advertisements consulted are severely declining: Nantes (-29%), Rennes (-27%), as well as Rouen and Paris (-25%). The most spared large cities remain on the Mediterranean: Toulon and Marseille recording a decrease of 16%, Aix-en-Provence “only” 15%.

One statistic should however please real estate professionals. A few weeks ago, and before the government announcements, 56% of French people said they were ready to resume visits if they were authorized. There is a distinction, however. Nearly 50% of households looking for a property to buy responded positively, compared with just over a quarter of individuals looking for a rental.

A new gauge for "more realistic" masses according to the Catholic Church of France .
© Ouest-France A religious ceremony organized during the second confinement. The gauge setting the number of authorized faithful is changing, until December 15. Two seats between each person or family unit and every other row must be left free. The French Bishops' Conference considers that the new measure announced by the Prime Minister is “binding” but “applicable”. She hopes for a new easing for Christmas.

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