Tuesday, May 8, 2012

Provence Real Estate - perhaps a good time to buy.

Speaking last week with a real estate firm located squarely in provence in St. Remy. John Stephenson at Knight Frank (knightfrank.com), a British firm but one who is very knowledgeable about high-end Provence real estate market. John correctly predicted the French election outcome, and also informed me that the market in Provence has improved. Meaning that sellers have become more realistic about pricing and are more motivated to move their properties. So, for those who are looking, this may be the summer to buy, especially if the Euro softens a little further against the dollar. As expected today, it has decreased slightly, down to 1.3 or so, sometimes dipping down to 1.29. Here's hoping it drops further before the summer so we can stretch our dollars in the markets and during the sale. Planning and dreaming with departure about six weeks away. We'll be using the blog and twitter this summer so you can follow us, just look for Avril.

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