Get out that crystal ball Mike!

Every party this week, this month, include a regular enquiry. "Mike where do you see the real estate market going next?" Sales volumes are off, in some areas as much as five times from the previous period last year. Prices are dropping by the hundreds of thousands of dollars. All in all, this is a BUYER'S MARKET. So for those looking for property, buy now! For those who wish to sell, oops! Enjoy the holidays and recognize, "vut vuz vuz". If you bought in the last year or two, you'll have to hang on. If you've owned for more than five years, and wish to sell, you'll make some money. It may not be as much as last summer, but it will be profitable. Like the boats that go up and down on the water, the market will offer your next purchase at a reduced price also. To review your particular situation call me at 604-644-0056 or email me mandruff@shaw.ca