Market Update.
Nice Weather Brings Out the Buyers
After a cold and quiet winter and early spring the real estate market is finally starting to heat up. Wish we could say the same about the weather…which may be one of the reasons the market has been slow to get active this year. Spring fever, which stirs the heart in matters of love and real estate, has been hiding behind a cloud of drizzling rain so far and will do wonders for both passions once the flowers and sunshine of May come shining through.
The Greater Vancouver Real Estate Board reports a 20% drop in sales for March 2008 over the same period last year but offers the encouraging fact that the benchmark price for a standard 3 bedroom 2 bath home across our board did rise 12% over the last year.
This number is probably a little lower on the coast as this survey takes into account all regions of the lower mainland.
Imagine* the sjogren group is happy to be selected for the cover of this month’s “Just Business” magazine here on the Sunshine Coast. If you get a chance to pick up a copy, have a look at the well written article inside. We think the spirit of our group was accurately portrayed and we are proud to be noticed for our efforts.
http://www.imaginesunshinecoast.com/2008-03_SunshineCoast_Graphs-Listed.Sold.DollarVolume.pdf"
For an in depth review of the market or an evaluation of your present home, call us at 604-885-4313 or 1-800-895-4313. We are currently offering a special bonus where if you buy or sell a home with Imagine* between now and August 31, we will pay your legal fees up to a total of $1,000!