Morris Real Estate Team

604.530.0231

Is this the time to Buy

Right now is a great time to Buy as we have historically low interest rates and there is a wonderful selection of product to choose from.  As reported by the Fraser Valley Real Estate Board - A total of 617 sales were processed through the Fraser Valley Real Estate Board's Multiple Listing Service in January, a decrease of 23 percent compared to 799 sales suring the same month last year.  

 

"People want to Buy.  We're already seeing early signs of a typical spring market with more foot traffice at open houses and an increase in calls."

"Buyers have been holding off in hopes that prices will drop more, however it's become clear that Sellers are only willing to go so far.  Prices for typical homes in the Fraser Valley have decreased by only two to three percent in the last six months and in January we're starting to see a reversal of that - in half of our communities prices have crept back up."

Today is a great time to Buy and if you don't, I predict that in 2014 you will look back and wish you had!

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