According to the British Columbia Real Estate Association housing sales have declined, and there is a large inventory of available listings.

This means that home buyers are in the driver’s seat.  This would be a good time to consider purchasing your first home, or a vacation property. You’ll have time to look around and likely won’t get involved in any bidding wars.

Give us a call and we’ll make sure you are pre-approved for a mortgage so that you’ll know exactly what price range you can purchase within.  Pre-approval has the added advantage of letting sellers know you are a serious shopper!

Click here for BCREA’s Full Report (PDF will launch in new window).

This entry was posted on Thursday, August 12th, 2010 at 10:25 am and is filed under Buying a Home, Real Estate in Vancouver. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.