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Bowen Island/Gulf Islands - help please?
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03-10-2014, 11:39 AM,
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Some more thinking...
Navier and Skook (and anyone else interested)
It occurs to me that legislation relating to house prices (by which I mean, mandating access to historical records) would really put the cat among the pigeons in terms of Canadian property, which perhaps explains why it's not happened yet. For instance, in terms of the great data you guys have given me, it's pretty clear to me that almost all properties on Bowen are still priced significantly above assessed value, and that sellers are unwilling to move based on how long some properties stick at certain prices - which must, to be fair, be as frustrating for the realtors as the buyers. Now it may be that as a rural/urban area, etc, Bowen is a micro-market: but in the US and UK, access to this kind of data is a game-changer for both buyers and sellers. Anyway, just thought I'd offer my reflections now that I've digested the data. Jimmy |
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