Right now is a fantastic time to pull that trigger!
Our inventory in the Fraser Valley is very low and when the inventory is lower then the demand prices can start to go up.
For example –
1. Last week we sold a home that had only been on the market for 3 weeks in a multiple offer situation.
2. Yesterday some buyers I am working with won a bidding war for a home that fits their growing families needs.
3. I was speaking with a colleague yesterday about a home that he had listed, the list price on this house was about $25,000 higher than it would have been last year, and the house was sold before it even hit MLS.
I could go on with more of my own personal and industry stories, but I think you get the point.
Timing is important in Real Estate and when interest rates are low and the inventory is low it is a fantastic time to get top dollar for your home.
If you want more information about the market in your neighbourhood reach out!