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June 2012 Greater Vancouver Real Estate E-Newsletter with May Stats

Posted on June 13, 2012 by Krista Freeborn

The May 2012 stats are out for the Greater Vancouver Real Estate Board and I've included them in my June 2012 E-Newsletter. Although it certainly doesn't feel like it, summer officially arrives next week....Enjoy!

June 2012

Well, it certainly feels like Juneuary again this year, doesn't it? Where is the sunshine we all so desperately crave? I know, it will come, just be patient. Even though our weather doesn't feel like summer is here, it certainly feels like summer in the real estate market. People keep asking me if this slowdown is the bubble that the media has spoke of in the past. In case you have been asking yourself the same question, here's my answer....we are just in a normal, balanced market, like the old days, before the frenzy hit eight years ago. We just don't know what a normal market is anymore because the craziness of the last eight years is embeded in our minds. So don't panic people, we are good. Buyers have more listings to choose from, and they have the time to visit the homes that interest them a couple of times before making an offer. Wow, isn't that a nice way to buy? Follow my blog page to keep up to date on information affecting the real estate market. Enjoy these last few days of spring...summer is officially around the corner!

New Listings!

I have two great new listings! One is a gorgeous two bedroom, two bathroom condo in a 2 year old building downtown Vancouver with custom designed features that extend the living space, and feature spa inspired bathrooms. Looking for a fixer-upper? I have a large one bedroom listing that is perfectly situated in the trendy Main St. & 7th Ave area, on a quiet residential street lined with Cherry Blossom trees. This top floor unit has vaulted ceilings and lots of windows, with a large 4x18' south facing balcony looking out on to the mature trees we love in the Eastside. Renovate it, live in it, or flip it! View my active listings here... While you are viewing my listings you will notice price adjustments on both of my listings with the massive decks and great views. Just in time for summer!

Market Statistics

Home listings continue to rise in the Greater Vancouver housing market. We are seeing a Balanced market Downtown & in the Westside attached market, a Buyers market for Westside houses, and the Sellers market continues on the Eastside. Generally speaking we are seeing inventory up, sales consistent, and prices steady or falling slightly. For the detailed stats read more here...

The Vancouver Art Gallery

Here's a good way to spend a rainy day in the city. Neon Vancouver/Ugly Vancouver. Sounds strange but intriguing, doesn't it? The Art Gallery is featuring a glimpse into Vancouver's big city lights of the 1950's , 60's, and 70's with their display of some of Vancouver's oldest neon signs, some rescued from junk yards. Running until August 12, 2012. Neon Vancouver/Ugly Vancouver

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Copyright © 2011 Krista Freeborn Our mailing address is: 1428 W. 7th Ave, Vancouver BC V6H 1C1 This communication is not intended to induce a breach of an extisting agency relationship.
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