It's busier . . .
When I signed on to the real estate multiple listing website hosted by the Fraser Valley Real Estate Board yesterday, I received the usual statistical summary. Nothing new there but I was quite surprised to see the report for the first 5 business days of February when compared to the first 5 business days of January. The numbers . . . January 09, first 5 reporting days, showed 50 sales reported for the Board area, (Delta through and including Mission), compared to 135 sales for the same period in February. WOW! That's a 270% increase! Did I calculate that percentage correctly? That's huge! Why isn't the media all over this?
To be practicle, it is a little early to call it a market stampede, just like it was too early to call the slower market a crash. If it is a market change that's in the works and you've been thinking of making a move, now is probably a good time to at least have a look around. That perfect property for your needs could be available, at least today . . . maybe not tomorrow. So, call on your Realtor to help sort things out while both you and your Realtor have the time.
Posted by Len Visser
on February 7, 2009