Victoria BC Real Estate Blog

Real Estate...It's Getting HOT Again !

Arrival of Spring Brings Surge In Victoria Real Estate Sales.

 We all thought real estate was going to adjust, maybe even Bust or Burst(many predicted a balloon burst for real estate). In Victoria BC our real estate market changed in the upward direction in February of this year, home prices seemed to bottom in December 2006. Manly due to little activity due to bad weather and the Chirstmas season.Certainly the slowest December for me in 35 years, Then January 2007 came and home buyers were calling on Jan 2/07.

 Now it's almost May and my listing inventory is not growing, nor is the MLS listings, the Sales have jumped way up, many home sales are going as fast as they are listed. Pricing is critical, along with overall condition and curb appeal. Our Inventory is up over last year, and so are sales. Certainly a good time for Buyers and Sellers. My Last Two Listings Sold in a Day, with lots of Serious Buyers saying let me know if the sale does not go...My Guess is,we're not going to see a bubble burst or even see prices drop, certainly not this Year. Victoria has become a destination City for many people, we 're one of the very best cities in the World to Live and it's no longer a secret.

Call Fred Carver if you have any questions about Real Estate in Victoria BC 1-800-663-2121

 Find hundreds of homes for sale in Victoria BC www.findhundredsofhomes.com  

Published Tuesday, April 24, 2007 5:37 PM by Fred Carver Personal Real Estate Corporation