Ben Truscott Real Estate Report - January 2021
There's still extremely low inventory and a lot of buyers. We're seeing lots of bidding wars on townhomes and detached homes.
The best way to capitalize on current market conditions are those who are considering selling a single-family home and downsizing to a townhome or condo.
Those who are considering moving in to an age restricted community can benefit as well since they are not selling quite as fast as freehold non-strata land.
Make sure you talk to a mortgage broker early to get your financing 100% ready before shopping since you might not have the time before your favorite listings sell.
Give me a call or text at 604-798-3960 if you ever have more questions about the market conditions.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.