IMpulse News: the news to impulse the International Market of Residential Real Estate!
Hello, Ola, Bonjour, Guten Tag, Goud Morgen, Boker Tov, Salam Aleikoum, Buon Giorno, Djin Dobri, ....Is the real estate market a local market or a global market?
In our belief, the real estate market is now global, with global rules, global prices which are transmitted to thousands of local markets.
IMPulseNews is a blog whose purpose is to help Real Estate professionals everywhere around the world to increase their contacts and their opportunities.
Wherever we originally came, Los Angeles, London, Beijing, Caracas, New York, Paris (my hometown), we are ALL living in the same planet and we all have to face housing or dwelling problems.
I hope my blog could help....and you could help me by your opportunities.
Let's begin by:
European Union : a market of 280 million homeowners !
On May 1st, 2004, the European Union was drastically revitalized with the arrival of Poland, Czech Republic, Hungary, Slovakia, Slovenia, Baltic countries, Malta and Cyprus.
The population of the Union reached 450 million inhabitants, and the real estate markets are becoming more and more active: approx. 6 million homes have been sold, in 2003, by 150,000 real estate brokers and agents, compared to 6.1 million homes sold in the US, in the same period, by….almost one million REALTORS®!
The rate of ownership reached 63%, especially with the arrival of new European countries, where more than 80% own their home (in Hungary, Poland, Slovakia), while it is only 43% in Germany and 55% in France. With second home sales, New European brokers have a very profitable market ahead!
Two examples of European dynamism and opportunities
1) Italy, the European leader in real estate brokerage and franchising
Italy, a country of 56 million inhabitants (roughly 20% of the US population) has 67% homeownership.
In less than twenty years, several Italian entrepreneurs have completely transformed the industry of real estate brokerage in Europe. With a very successful marriage between the American technology and a touch of Italian “immaginazione e spirito”, Italy produces:
- Tecnocasa, 1st European franchise with 3,600 offices in Italy, Spain, Hungary and Switzerland. This franchise is the number one in Italy, in Spain and is now involved with….Mexico.
- Gabetti, with 750 offices for residential which is also first, in Italy, for commercial and high-end properties
- and several others including Pirelli, one of the most important industrial group of Italy.
Most of these groups are looking for international partnerships or opportunities! Please call me at (562) 221-2493.
2) Poland and the quick rise of professionals
In 1994, Poland was discovering the service of Real Estate Brokers or Property Managers.
I attended the first conference of Polish property managers in Lodz: 40 persons in a classroom at the University!
Ten years later, Polish brokers were able to overcome many difficulties. Most of the brokers are sharing their listings on the internet: Google lists more than 100,000 websites. And some property management companies manage thousands of dwellings!!
FOR SALE Historic Castle in France for $ 500,000!
There are several thousand castles, in every region of France. It is often difficult for the heirs to deal with taxes and each other.
There are two solutions:
1. to convert a castle into a condominium; a wonderful adaptation especially with lots of acreage.
2. To sell it as a second home to investors who may have several attractive tax advantages.
Prices of castles are often inexpensive. Here are a few under $1 Million.
International Market Pulse helps you create International partnerships.
Market studies available
Real Estate Brokerage of the following European countries (Belgium, England, France, Germany, Nederland, Portugal, Spain, Switzerland, Central Europa)
Property Management in Europe
Property Management in the USA
International partnerships for high-end properties
Innovative tools for the real estate industry
Alain Silverston, 20 years+ of experience in
International real estate.
Direct inquiries to:
Alain Silverston
2110 Artesia Blvd #259
Redondo Beach, CA 90278
Tel: (562) 252-3989
Fax: (801) 838-5084
Cell: (562) 331-4063
al@reallongbeach.com
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