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Wow What’s Happening in The Market Place?

July 13, 2009 REAL ESTATE No Comments

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If you have followed my previous articles you are aware that I have mention that our current Real Estate Market is experiencing a “Boom” and this is continuing to almost unheard of territory. We recently sold one of our listings for $40, 000.00 over the listed price.

This is now the new norm in the market place, you no offer less for a property ,but more.

Offer are seldom sold for under asking it is usually for a significantly more.

As long as the supply remains low prices will keep increasing. The fear of next years harmonised tax and interest rates which will more likely rise in 2010. Buyers are out in droves.

Yet it is still the best time to buy Real Estate. When ever I am asked “When is the best time to buy “ my answer is always the same “Now”. I have grown up in the Real Estate business and it is bar none then best single investment you can make, and it provides you shelter.

Think of it as putting money into an RRSP eventually you will retire and buy the time you do your home is worth many times more than you originally paid for it.

Buy Now!

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