Blog by Kathy Stilwell

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Timing is everything!! Time to buy your condo in Yaletown,downtown, Gastown or waterfront in Vancouver.

Timing is everything and it appears, atleast for the moment we have hit the bottom in the Real Estate market, atleast in the Downtown Vancouver market, which is the only market I know intimately.

 Prices it seems are now on the increase and condo's that have been on the market for a year or more are selling. If you are an investor or first time buyer, and have been looking at buying at the bottom of the market, you may have missed it, and you may be paying more than you would have 2 months ago. I am working with a few buyer that are interested in buying something under $500,000.00. Two months ago, we could have taken our time, viewed suites and decided whether it fit perfectly or not. Today, no such privilage. I showed a listing, that was posted on the MLS system at 11:00 am on Monday and by Monday night it had an accepted offer on it. It was listed for $30,000 than the last comparable sale.

So if you were thinking about buying a condo in Yaletown, downtown, Gastown, false Creek, Kits, or on the water in Vancouver, what are you waiting for. Prices have come down, interest rates are at historically low levels. Call me today and lets find you a condo you will love.

Have a great day.

Real Estate it's what I do.