Monthly Newsletter April 2017

Greetings & Salutations,

The early spring numbers show a stable market with more listings sold and inventory shrinking.  Many predict a softening of the market due to a slow down of the world economy, a crack down on foreign investors and a lack of demand as speculators sit on the fence and watch.  With that said, the good weather has brought more people to recent open houses as there are more inquires from buyer agents.   

Another phenomena in the market is the "land assembly' and the government pushing towards creating higher density and affordable housing.  For every assembly there are so many new buyers that hit the market, while diminishing the single family residence inventory.  Which in turn puts more pressure on land value as the landscape of the city quickly changes.

In recent conversations and dealings the matter of how much above or below city assessment a property should sell for?  Using the city's assessment to get accurate "fair market" value is like looking for a needle in a hay stack.  If you want to know what your property is worth let me do a proper market analysis for you no obligations or commitments.   

If you are looking to sell or buy Real Estate in the next 3-6 months, give me a call so I can show you what my team can do for you and your family.