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Spotty Market in GVRD

March 2, 2011 - Updated: March 2, 2011

As this year’s market is starting to unfold we are seeing quite a bit of disparity. Some Realtors are saying “the market is flying. Nothing is staying on the shelves”, while others can’t get any action on a listing. Some places just sit there while others close by are sold in days. That seems to be the trend in the Lower Mainland lately.

 

The difficult part of that is that sellers are hearing the news that the market is “hot” and they increase their prices. The simple fact is that the market is hot “in some areas” but not everywhere. So sellers have to look at things more specifically when they are pricing their own properties.

 

Ahhhh to wait for a balanced market… I think that may be a thing of the past. I hope not!

 

To view homes for sale visit our listings section, and feel free to call me at 604-936-0422 with any questions!

 


Tagged with: vancouver market real estate

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