[Video] WHAT IS? A BALANCED Market 📈

After years of feverous increases in housing prices in the Vancouver, Lower Mainland, Fraser Valley and all of its' cities we have finally seen signs of a balanced market. Make no mistake, this is good for the economy of course Canadian families.

What is a BALANCED Real Estate market?

Typically, interest rates are affordable and the number of buyers and sellers in the marketplace are equal in a balanced market. The, meaning the market is normal without experiencing volatile swings. For some reason, over the past 20-30 years, we have not really experienced many balanced markets in most cities.

Signs of a Balanced Market

  • Three to six months of inventory is on the market.
  • Comparable sale prices are close to active listing prices.
  • Sales numbers have stabilized.
  • Median sales prices are flattened (ie. not increasing nor decreasing significantly)
  • Real estate advertising remains standard.
  • For Sale signs are replaced with pending or sold signs within 30 to 45 days.

Need access to all solutions with a Mortgage Broker who works on creative solutions for you? Make sure to Reach Out!

Get in touch!

The first step of providing you with exceptional advice and options is for you to reach out. You can do this via. EMAIL / PHONE (604-619-3319) / FACEBOOK / INSTAGRAM pretty much any way you want!

What To Do Next? 😎

  1. Reach out to us If you are THINKING about buying or Refinancing
  2. Send This Info & Video to everyone you know who is buying or selling or maybe refinancing Remember: they may be thinking of a refinance, investment property OR know a friend who is currently thinking of buying.
  3. Send them our way and we will give them an estimate of their before and after rule pre-qualification.
  4.  Contact us early to get ahead of the game, even if your mortgage is not up for renewal until next year.

How to Start Reach US! 📲

  1. Call 604.619.3319 / Click / or Email us!
  2. Book a call - www.calendly.comd/alexmcfadyen

More Questions or READY to get started!?

Just Ask US > Click Here to set up a call or EMAIL us