Real Eatate Vancouver - a cool summer ?

It seems the predicted cooling or balance in the real estate market here in Vancouver over the summer has kept pace with the "hot" weather we have endured in record numbers over the last 2 weeks - yes the market is hot as well !  So much for predictions.  First time home buyers and investors looking for smaller rental income properties are still the most active part of our market with record sales in July and seemingly the same activity level continuing into August.  Most properties listed under the $400k mark are only on the market at times for just days before having an accepted offer.  Just when you thought the good properties were all taken another week of fresh listings produces excellant value, condition and location.  If you are a buyer the most important thing to remember in this atmosphere is - your not alone !  There WILL be others right behind or in front of you to view the current stock available here in Vancouver.  Again another reason to have an agent working with you to capitalize on these new listings immediately.  As well there is a bit of a drive on now for parents who - instead of paying heffy rents for their son's and/or daughers while attending school - are looking for those one bedroom trouble free units to purchase as investments while providing a safe environment for their children.  I just listed a condo on Thurlow Street - quiet side of building - that requires absolutley nothing to be done - NEW appliances, laminate floor, new lighting, paint, large rooms, patio, parking and close to everything at $299,000.00.  Not on the market yet but the calls have started.  Yes... the temperatures have cooled and provided some relief but the heat wave continues in this price range... !    

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