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Bowen Island/Gulf Islands - help please?
08-27-2014, 09:03 AM, (This post was last modified: 08-27-2014, 10:31 AM by Skook.)
#30
RE: Bowen Island/Gulf Islands - help please?
Hi Skook

So we're here right now, and I'm meeting up with Navier tomorrow for a coffee. Understand if you are not around, but I'll raise an Appleton's to you tomorrow night.

Definite feeling in the air - substantiated by one realtor from the horse's mouth, if you like - that the market is top-heavy and nothing above around 700 is moving. In that respect, BI mirrors your comments about Gibsons to a certain extent.

In terms of commercial property, there are empty units both in the cove and artisan square. This is a marked change to what we saw two years ago.

Finally, a double anecdote - not one, but two people have tried to persuade us to buy properties following basic conversations in the street. One time I'd gone down to the Cove to pick up my parents-in-law and someone tried to sell me a house (4 bed) for 635000, saying they'd been unable to sell for 2 years; then my wife and I were chilling down on a dock when someone we'd fallen in to conversation with tried to sell us a finished lot. When we politely refused, he even offered to make it a private sale and cut 5% off the price.

So your supposition that people might be trying to get out right after the peak of the market is not misplaced: the problem, according to our friendly realtor, is that they are now chasing the market down, cutting prices by 10% when the market's down 15% etc.

Thanks as ever and hope you are well -

Jimmy
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Messages In This Thread
RE: Gulf Islands - help please? - by Skook - 02-08-2014, 08:50 AM
RE: Gulf Islands - help please? - by JimmyWW - 02-12-2014, 09:50 AM
RE: Gulf Islands - help please? - by navier - 03-03-2014, 09:31 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-05-2014, 09:40 AM
RE: Gulf Islands - help please? - by navier - 03-08-2014, 07:34 AM
RE: Gulf Islands - help please? - by JimmyWW - 03-08-2014, 05:01 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-05-2014, 12:15 PM
RE: Gulf Islands - help please? - by Skook - 03-05-2014, 01:32 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-06-2014, 03:28 AM
RE: Gulf Islands - help please? - by Skook - 03-08-2014, 06:26 PM
Some more thinking... - by JimmyWW - 03-10-2014, 11:39 AM
RE: Gulf Islands - help please? - by navier - 03-10-2014, 03:24 PM
RE: Gulf Islands - help please? - by Skook - 03-10-2014, 03:55 PM
RE: Gulf Islands - help please? - by JimmyWW - 03-10-2014, 04:19 PM
RE: Gulf Islands - help please? - by Skook - 03-20-2014, 01:36 PM
RE: Bowen Island/Gulf Islands - help please? - by JimmyWW - 08-27-2014, 09:03 AM

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