In 2024, will there be an improvement in the real estate sector of Béziers and its surroundings ?

In 2024, will there be an improvement in the real estate sector of Béziers and its surroundings ?

The Agence-Midi Libre real estate fair awaits you in hall 3 of the Béziers exhibition center. Archive M.E.

The Agency – Midi Libre is organizing a real estate show during the four days of Foir’issime, at the Béziers exhibition center, from Thursday 21 to Sunday 24 March. The opportunity to meet all the players in the sector: real estate agents, builders, brokers, notaries, developers.

2024, year of improvement ? After a fairly terrible year 2023 for individuals – buyers and sellers – faced with rising prices, soaring interest rates and restricted access to credit, the horizon seems to be brightening on the housing market, new or old. Enough to boost the real estate show organized by L’Agence – Midi Libre, during the 39th edition of Foir’issime, at the exhibition center, from Thursday 21 to Sunday March 24 60~/strong>.

Indeed, the lights are starting to return (slowly all the same) to green: usury rates and interest rates are becoming reasonable again and the disappearance of the zero-rate loan, planned for 2024, is finally postponed to December 31, 2027. Enough to make professionals breathe a sigh of relief as well.

The euphoria of the Covid years

Real estate agents and notaries saw the volume of transactions drop significantly during the 2nd half of 2023 and at the start of 2024. A drop that was all the more felt as it followed "the euphoria of the Covid years where it was a bit crazy, underlines Julien Bataille, real estate agent of the IAD network. The prices of goods for sale rose in the face of strong demand and it was a long struggle to bring sellers to their senses".

An inventory confirmed by Soraya Chevtchenko, head of the Accord Immobilier agency: "Sales were rapid during Covid, people jumped on all the new products but that was not the normal state of the market". For several weeks, both have noticed a stirring, "with goods coming in, it’s always a good sign. Certainly, banks are still a little cautious and people want to be cautious before launching into negotiations. But the upward trend should be confirmed in the 2nd half".

The town of Béziers appeals to investors

Guilhem Jeanjean, at the head of the 2A Villas individual houses, makes the same observation: "The market is picking up a little after a chaotic 2023 !". He also wishes "to develop (his) activity in Biterrois because it’ is a city in full development, where one can still find land& quot;.

Julien Bataille valid: "The city pleases : there is less insecurity, it is in the process of becoming more secure. be renovated and enhanced, it offers many activities… As a result, many investors are interested in it, especially since the prices are low compared to Montpellier or the coast".

Big downside on the construction of new housing

"We have a beautiful city, reasonable prices for the South, so I remain optimistic, agrees Soraya Chevtchenko. We have retirees who arrive from other regions and who buy cash because they have sold their property, first-time buyers who favor villas at reasonable prices (no more than 280,000 €) and requests for town center mansions to renovate."

Pessimistic, Bertrand Couronne, the president of the building federation in Béziers, places the emphasis on the new and there, "c& rsquo;is nothingness, there is nothing. We see construction sites in the city, of course, but these are projects that date back 7-8 years, the construction time is long".

According to him, the construction sector is in agony, “The period is really very complicated and the sector risks losing 10 employees in the department in 2024 and perhaps double that in 2025. We need real government measures to support construction and the’ ;access to housing".

Some advice for selling or buying

Tips. As there are currently fewer buyers on the market, we can help you find a solution. in Béziers, agents advise sellers to price themselves at market prices. if they want to sell quickly. If the single-storey villas of 90 à 110 m2, between 250 000 € and 280,000,000 euros; are in high demand, as well as small areas (studios or T1), more expensive and high-end houses are in demand. the punishment.

For future buyers, “you must have a good file. The ideal is to have 10% of the asking price. and notary fees saved to see your file accepted. by banks. You must also agree to review à decreasing the desired surface area for its accommodation.

As for interest rates which currently oscillate between 3 and 4%, "çit may appear éhighé but a credit is renegotiated over the years and you can also decide to resell. Moreover, the average duration for a resale today is six years.

The various exhibitors (real estate agents, brokers, builders) at the real estate show will be able to respond to your questions. all your questions and help you in developing your file.

Real estate fair, from March 21 to 24, hall 3 of Foir’issime, Béziers exhibition center. I subscribe to read more

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