Sellers Market? Today, depending on the inventory available in your immediate area, you might very well be in a sellers market, but this will probably only last for a few months until many of the expired listings from 2013 get re-listed. Since 2008, any of my interested clients, and others who might have read my blog … Read more
Balanced Market (…didn’t you hear that we’re in one?) There is a cycle that serious buyers and sellers need to consider with their own timing if they are going to be in the market seriously. I use the word “seriously” because far too many people are just wasting the time of willing REALTORS® that take … Read more
In September 2011 we were still in a buyers market with over 18,000 active listings in this geographic area serviced by the Real Estate Board of Greater Vancouver. By December 1st we had returned squarely into a balanced market with just over 14,000 listings available. We start the New Year with just over 10,400 listings … Read more
Real Estate Highlights of 2010 – continued… Buyer’s Market On April 27th I posted, “Hello Buyer’s Market!” to let my clients know we were in a Buyers Market. It was four months later that the chief economist of the Real Estate Association mentioned “a summer shift to a buyers market”. Balanced Market Locally this past … Read more
It’s been a buyer’s market since April and the return to a balanced market is almost here.