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Welcome
To Today's Buyer's Market!
The
weather may be heating up, but the Real Estate market
isnt! Well, I could be overstating it a bit,
but there has definitely been something of a cooling
trend in what was previously a very hot local
Real Estate marketplace. The weather has finally
turned the corner and started to warm up, but activity
in the local market is showing signs of slowing
down. We have slowly moved into what could only
be described as a Buyers Market, with the
listings inventory increasing and the For Sale signs
remaining on the lawns longer than in past months.
As a Buyer you will discover that you now have more
choices today than in recent months. As a Seller
you will need to price your home at a more realistic
Market Value if you want it to sell. The days of
pricing higher and waiting for the market to catch
up are over. We are being affected by global market
changes and to some degree from the recent closure
of two of the citys largest employers - Harmac
and Madills. Hopefully these industrial disruptions
will be only temporary in nature. Over the long
terms, Nanaimo is going to continue to grow and
grow - so dont despair. Nows the time
to take advantage of some great buying opportunities
today, to reap the benefits tomorrow.
Finally,
as always, I thank you for the referrals I have
received from your family members, friends and co-workers
this year. Having you think enough of me to pass
my name on to other people is always something that
I view as a personal achievement. Repeat and referral
business is at the heart of everything I do, it
is a crucial component of my overall business structure.
Earning your trust, and seeing that trust demonstrated
by having you refer me to someone else is a sign
that I must be doing something right. Thank you
for your thoughtfulness, and if you have any questions
or concerns about Real Estate, please get in touch
with me. Until next time, have yourself a great,
safe and fun-filled summer!
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