I am often amazed at the global reach of this real estate blog.  Here is the text of an e-mail I received from a guy in Paris, France... asking me to post his article for you.  So, here it is:


"It has been very interesting to discover and to read your excellent real
estate blog.


My name is Karl- Heinz Schabmüller M.B.A. and I am a real estate broker in
Paris, France and I regularly write articles and reports about the city’s
housing market. I am delighted to offer you the following post to be
published on your blog which reports about the market figures released by
the Paris Notary Chamber on 3October.


I also want to draw your attention to the real estate conference I gave at
the American Chamber of Commerce in Paris on 26 April 2006 ( please follow
the links in the text).

Kind regards,

Karl- Heinz Schabmüller M.B.A.
KHS “Appartements de Charme et Prestige“, Paris
www.khs.fr "

………………………………………………………………………….


The article:


"Paris, France real estate market – 2nd quarter 2006
Notary figures show mixed picture
October 2006


The city’s real estate market is slowing down but remains solid and in good
condition. During the second quarter of 2006 the average price per
squaremeter increased by 12,5% compared to the same period in 2005, however
sale’s volume shrank by 6.6%. The average squaremeter price in the city of
Paris now stands at € 5.515. These numbers were released by the Paris Notary
Chamber in its press conference on 3 October 2006.


Interestingly, the 7th arrondissement which stretches along the southern
bank of the Seine and includes  the ‘Musée d’Orsay’, the ‘Invalides’ and the
‘Eiffel tower’, has become the most expensive district ( 8,162 €/m²) whereas
the 6th arrondissement around ‘Saint Germain- des Prés’ and the ‘Luxembourg
Gardens’ now ranks second (8.099 €/m²).


A handsome two- room apartment (app.40/45m²) in fairly good quality, which
can easily be rented out, now costs about US$ 400,000 to 450,000 in these
attractive central areas. First- class properties in prestigious addresses
like ‘avenue Foch’ or ‘place Furstemberg’ sell at €/ US$15,000 and higher.

You will find much more information about the Paris real estate market in
the KHS report http://www.khs.fr/index2.cfm , which was presented at the
American Chamber in France in April 2006. It describes the market situation
on the romantic left bank ‘rive gauche’ and in the elegant western districts
around ‘avenue Montaigne’,  ‘avenue des Champs- Elysées’ and the 16th
arrondissement along the ‘bois de Boulogne” forest.
KHS, Paris / France
http://www.khs.fr/ "



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For current information on the local, North Central Washington real estate market contact:

Carol@TopPropertiesWenatchee.com 



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