The Lenfesty Report, January 2016

How’s the Market?
To no‐one’s surprise, 2015 set records for residential real estate: more sales, fewer listings, higher prices.

As much as the experts urge caution and exhibit concerns over rising prices and affordability, almost all agree that the Greater Vancouver market is among the more stable in the country. The law of supply and demand is on our side, as are interest rates, a cheap Canadian dollar, climate and lifestyle, and our overall economic picture.

In fast‐moving markets like this, strategies for both buyers and sellers are different from those in more conventional times.

Before making a move, I recommend thinking ahead at least a few steps with advice from both a professional REALTOR® and a Mortgage Broker first. Buyers can easily overpay or miss out on opportunities; sellers can leave money on the table, or get caught with nowhere to go.

I don’t just sell houses – I’m here to help my clients make good decisions based on good information and years of experience. Call me to talk through your options.
Darlene
READ MORE OF THE JANUARY ISSUE OF THE LENFESTY REPORT

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