The bad news is still here and all over the newspapers.
Good news is that the sales are up. But what does that mean? If you are a Buyer, are you waiting for the newspapers to give you the "green light" and tell you it's OK to buy now?
Or, if you are a smart Buyer, are you actively looking now? If you are not, you should be.
The magic question, which can never be answered on time, (yeah everybody has 20/20 vision), "Are we there yet?", is still waiting tio be answered.
It will be answered once everybody and their dog know the answer. We should have.......... Ever said that?
I have been telling everyone in my MarketWatch Newsletter, for couple of months to get serious about buying. There is agreat selection and stupidly low interest rates. Can't believe Buyers are still waiting. For what? Once the market bottom is past as the following charts may already point out and economy improves, what do you think the feds are going to do with interest rates?? Ha?
My advice to the Buyers is simple. Get approved, if you haven't already, and get yourself a Realtor to help you find good deals. Don't be to proud, and don't think that you know all the answers. You got better things to do with your life. Let someone else do the dirty work.
Here are some graphs showing the trends in average prices
BURNABY ATTACHED
BURNABY DETACHED
NORTH VANCOUVER ATTACHED
NORTH VANCOUVER DETACHED
VANCOUVER APARTMENTS
TRICITIES AREA ATTACHED
TRICITIES AREA DETACHED
So what do all these graphs tell you? Is it time to get serious and start "really" looking?
If you are looking to Buy or to Sell real estate in Vancouver area, give me a call. My consultations are FREE. The benefits to You, may be worth a lot of money.
Call Jeff Stark at 604-506-8481 or email me at jeff@jeffreystark.net
