CURRENT REAL ESTATE MARKET TRENDS

2010 Summer Market Update

The summer market has begun and the number of listings has dwarfed the number of sales for the third consecutive month. When inventory levels begin to swell for this period of time, we anticipate a strong decline in the near future.  As you know, we live in a global economy and the  effects of other countries play a major role in our real estate market.

• SELLING IN TODAY'S MARKET

Selling in today’s market takes a courageous approach. A seller with a leadership mentality is the only seller that will have success moving their property in today’s market. You need to price sharp and be ahead of the curve in order to attract buyers with confidence to buy. Fear with pricing sharp will cause you to miss your window of opportunity and chase the market down.

•  BUYING IN TODAY’S MARKET

These times of adjustments in the real estate market create opportunities.  Anytime prices are down, they normally gain tremendous equity when prices increase. If you have disposable dollars in 2010,  the upcoming  months are the perfect time to purchase as interest rates are down. Opportunities are now there for new buyers, as the prices are now more affordable.

  Even with the latest rise in the variable interest rates of a ¼ percent from 2.25% to 2.5%, the interest rates are still relatively low and in perspective, are the lowest rates in the last 60 years.  Buyer’s now had more options and time than they have in the last year and now is the time to purchase your dream home at a very low interest rates.

UP & COMING 

DC Marketing, has just acquired, 15 units in Vernon. These 2 bedroom 900 sq/ft units are priced from 138k to 150k and will yield a positive cash flow from $300 _ $400 per /month with a 4 yr rental pool program.

 

• LISTING YOUR PROPERTY 

WHEN LISTING YOUR PROPERTY IN THIS TYPE OF MARKET YOU NEED TO BE MORE AGGRESSIVE AND  SHARPLY PRICED IN ORDER TO BE ONE OF THE 12% TO 155 OF LISTINGS THAT SELL. WE ARE NO LONGER RIDING INTO PRICES AHEAD OF THE MARKET. IT IS EITHER PRICE OR PATIENCE WHEN SELLING IN THESE CURRENT CONDITIONS.

• DC MARKETING STRATEGIES INC. 

WE HAVE NOW LAUNCHED DC MARKETING STRATEGIES INC, SPECIFICALLY INTENDED FOR MARKETING NEW DEVELOPMENTS. WITH 20 ASSIGNMENT SALES SO FAR IN 2010 WE ARE # 1 IN VANCOUVER WITH ASSIGNMENT SALES AND CONFIDENT THAT TIGHT MARKETING STRATEGIES WILL TRANSFER INTO SUCCESS WITH OUR NEW MARKETING PROJECT SECTOR.

  DC Marketing can offer Premium Marketing Services for sellers. From traditional MLS listings, use of print and trade publications, up-to-date social media marketing, savvy use of internet advertising and social media networks, to custom-targeting based on numerous client and investment databases. Our DC REALTY© database alone features 20,000 realtors, ensuring that your listing receives the greatest exposure, the best service and highest quality customer care.

     THANK YOU SO MUCH FOR YOUR CONTINUED LOYALTY + SUPPORT. WITH OVER 50 SALES IN 2009 WE ARE IN THE TOP 1% OF ALL REALTORS. THIS WOULD NOT E POSSIBLE IF NOT FOR OUR SOLID CLIENT BASE, AS WELL AS YOUR REFERRALS FROM FRIENDS & FAMILY. THANK YOU  

  For more information  Contact DC Marketing NOW!