Chinese New Year

This year Chinese New Years was on February 10, 2013.  What does this mean to you as a Real Estate investor?  Well there are experts predicting that many of the Fathers and Husbands of Asian families living in the Vancouver area will be visiting their families here in the lower mainland, in celebration of the New Years events and that they will be buying property whiel they are here.  Most will return to Asia a few weeks after arriving.

There should be, by all accounts many Buyers in the first months of this year, so if you are thinking of selling - you should do it now!  The Vancouver Real Estate market is driven by the Asian community as when the market is 'flying' we often have many Asian Buyers or if we are in a slump, we complain that there are not enough Asian Buyers.  Either way you look at it, this is  a good time to list your home.  Let me know what you think.