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John Coulthard
Macdonald Realty Westmar
#203 - 5188 Westminster Hwy, Richmond, BC
P: 604-209-8424
F: 604-279-1887
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Friday, March 22, 2013 - Spring Market Starting to Move!"

You may have noticed more "Sold" stickers as you drive around town.  We have seen a marked increase in sales these past few months.

 

In the prior 10 months or so, there had been many buyers interested in Real Estate but had been holding off a decision.  "Sitting on the Fence" and watching to see what prices were going to be doing.  This has resulted in "Pent Up Demand".  Now many of these buyers sense prices have "Bottomed Out" and it is the right time to buy.

 

And of course Spring helps, which is traditionally our busiest time.  However, I don't think the dam is going to burst and prices start to skyrocket again.  Today's buyer is cautious and will only buy if they are getting a price which reflects todays' market value, not market values of a year ago (prices have dropped about 10%).

 

The Market is very Price Sensitive, so if a proeprty is priced accordingly, it should sell.

 

THanks for your time

posted in General at Fri, 22 Mar 2013 15:21:33 -0700



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