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BC Real Estate, Vancouver Housing Market

Vancouver, British Columbia, Canada –

http://iclickproperty.com/prepare-to-own-a-home/?p=85

 Although the current condition in the Greater Vancouver real estate is still attractive to the first-time home buyers, one must remember that this current state of home prices won’t be there forever.

 

We participate in a cyclical market. Therefore, first-time buyers who have been eyeing an opportunity to own a home should take time to find out how they can make use of the benefits of being a home owner.

 

In the last couple of months, we have been seeing a greater level of interest from first-time buyers.

 

Some of the reasons why they continue to get attracted are:

 

 

  1. Very low interest rates
  2. Affordability (in home prices)
  3. Great savings by availing government incentives for first-time buyers

 

In the long run, home buyers could see the value of acting upon their decision to be a home owner.

 

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Sheila Atienza, 

Author of “How to Prepare to Own a Home in Canada, Recession-proof Lifestyle for Immigrants and First-time Buyers” (ISBN 978-0981147512)

Chapters.indigo.ca       Amazon.ca      Amazon.com     Barnes and Noble 

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 BC Real Estate, Vancouver Housing Market

Vancouver, British Columbia, Canada – (http://iclickproperty.com/prepare-to-own-a-home/?p=82)

In a news release posted by the The Real Estate Board of Greater Vancouver (REBGV) on

May 4, 2009, the housing market has come to a more even balanced state. This indicates that there are more buyers who show participation in the market while we see lesser number of home sellers.

The increase in demand by the buyers is beginning to be more apparent.

And if this activity continues and there are only few participating sellers around, this could help Greater Vancouver home prices become more stable.  

 

 To read the full story…

 

http://www.rebgv.org/news-statistics/buyer-activity-brings-greater-stability-housing-market

——————–

Sheila Atienza, 

Author of “How to Prepare to Own a Home in Canada, Recession-proof Lifestyle for Immigrants and First-time Buyers” (ISBN 978-0981147512)

Chapters.indigo.ca       Amazon.ca      Amazon.com     Barnes and Noble