Strengthening market in the Gulf Islands? Slowly improving?

By
Real Estate Broker Owner with Sea to Sky Premier Properties (Salt Spring)


Ganges Harbour

It seems that price points in entry level residential offerings are slowly solidifying. Inventory is consistently, though slowly, clearing out.

At the beginning of the year, the seller was dropping to meet the buyer's offer point, in spite of earlier reductions. Now, in that entry level residential category, sellers are getting closer to their list price. It's about inventory, and, as it slowly clears out, we see price stability growing.

The next "best buy"/"buyer in control" property segment? The upper tier priced residential is finally finding action, and its the turn of this category to see buyer aggressive offers succeed. Perhaps by year's end/early 2013, we will see strengthening conditions in this property segment, too.

That leaves undeveloped land options and commercial/business opportunities to turn the corner into better days...perhaps by summer/fall season, 2013?

Hard assets are re-emerging as the good investments they always are.

More info? Call me!

How may I help you to buy your special Salt Spring Island property?

liread33@gmail.com

 

 

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How may I help you to discover special Salt Spring Island & the Southern Gulf Islands?   Call me!

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Topic:
ActiveRain Community
Location:
British Columbia
Groups:
Real Estate Trends
Realtors®
Building Your Niche
International Real Estate
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Tags:
call li read for salt spring gulf islands properties
at sea to sky premier properties salt spring
call li read

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Ambassador
781,351
Charlie Ragonesi
Homes - Big Canoe, Jasper, North Georgia Pros
AllMountainRealty.com

Great snap shot on your market and I enjoyed speaking with you the other day.

September 19, 2012 12:24 PM
Rainmaker
1,091,678
Li Read
Caring expertise...knowledge for you!
Sea to Sky Premier Properties (Salt Spring)

Good to hear from you, Charlie!

 

 

September 19, 2012 01:49 PM
Rainmaker
1,580,076
Lou Ludwig
CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO
Ludwig & Associates

Li

The real estate market for Gulf Islands is moving in the right direction.

Good luck and success.

Lou Ludwig

September 19, 2012 03:23 PM
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Rainmaker
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Li Read

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Call me for Salt Spring Island real estate!
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Additional Information

real estate, b.c. real estate, salt spring island real estate, Canadian real estate, luxury real estate, waterfront specialist, private islands specialist, estate style properties, secondary home marketplace, active rain, Li at Sea to Sky Premier Properties, Mayne Island, Galiano Island, Pender Islands, Saturna Island, Salt Spring Island, southern Vancouver Island.