Market trends are crazy and unpredictable right now!

From competing offers of 20 to houses having $200,000 price reductions, we live in an unpredictable market! The highest records sales have been reported in the last few months and it appears now to be slowing slightly.
 I have heard many crazy stories about homes and condos selling in one day. I personally sold my own condo in one day with competing offers in May. A far cry from what we experienced last year with what I call the "Condo Slump". With houses going crazy, condos and townhouses are the only property new buyers can afford. 
We are living in a crazy feverish buying frenzy world, where housing prices and rents are out of control. All you have to do in tune in to the radio or see the news to hear the stories!

What's been going on? Is the Market "Soft"?

Yes, the market is slowing creepy up in sales and in phone calls since our very slow July and August. More quality listings seem to be coming on the market, giving Buyers a good choice of product. Now as a Buyer in this balanced market, you can go view a home, 2 to 3 times before making the decision to write and offer. A little stressful for Sellers, but great for Buyers. I myself have had 4 new listings this week in all different price ranges and categories.

A gorgeous 1.39 Million $ Home located in the Tsawwassen area of Delta, Amazing view!
A $229,000 Beautifully reno'd condo in College Park, Surrey, close to the University
View Home in Canterbury Heights, tastefully reno'd $674,900
Your own tennis courts! In Canterbury Heights for $599,900

Check out my Listings at Sheri Brown.ca