Okanagan Shuswap Housing Market Has One Problem

Imagine being a Realtor and your pool of buyers is running over. You have multiple people with their cheque books in their hands ready to buy their dream homes. This is why you became a Realtor. What could possibly be wrong with this picture. What if you have nothing to sell them? To top it off every time you find something for your people there is already an offer on it. Inventory in all 3 zones is down as much as 50% from 4 or 5 years ago. This is what creates rising prices. When the supply is down and the demand is up the prices rise. That is what we are likely to see in 2017. 

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Bill Hubbard

Bill Hubbard

CENTURY 21 Executives Realty Ltd.
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