Thursday, February 5, 2009 Small signs of market changeby Sue Gerryts on Thu, Feb, 5, 2009 07:02 PM It is interesting to note from our personal experience that things do seem to be picking up. One of our buyers was considering making an offer on a townhouse in Kitsilano after seeing it at the first public open house. The next day when we checked the place over we found that it was already under offer. That kind of quick sale is something we were used to in a hot market.
Another client of mine is offering on an apartment in North Vancouver. Pitching the offer right is no longer something you can base on recent sales given there were only two equivalent properties sold in the last month. On the other hand my client is able to offer well below asking simply because there have been so few sales. |
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