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2015 Bowen Island/Gulf Islands Sales Stats
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04-23-2015, 05:55 AM,
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RE: 2015 Bowen Island/Gulf Islands Sales Stats
(04-21-2015, 07:35 AM)ttul Wrote: I live on Bowen and have been following the market closely for the past few years, looking for the right time to put my money down on a cut rate property. This spring, there were a burst of quick sales which surprised everyone.Thanks ttul and welcome to the forum, as Skook says. I really rate Dee Elliott and I think she's absolutely right about this; a couple of houses did look fairly priced to me. Also, there are a couple "further up the price range" (ie more expensive) that are now actually priced at or under assessment. However, I suspect there may be significant problems with them both. There are also a number of properties that stick at around 50% over assessment as an asking price and the only conclusion I can draw from this is that the "sellers" don't want to sell - they are just looking to cash in on their "gains". A lot of markets have seen mini-boosts from the cut in interest rates this spring. I hear lots of opinion from financial markets in my job and there's a firm view that this is the last hurrah for Canadian housing... but how many times have we heard that before? Anyway, welcome - and please keep us updated! Jimmy |
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