Spotting good deals in a strong sellers’ market is tricky. For example, the one on Marks looks like a great deal – more upgraded than the exact same floor plan that we just sold for $480,000. But they’re holding back on offers until tomorrow (July 27th), so it’s likely to turn out much higher than asking.
The solution to finding a great deal? Roll up your sleeves and get your hands dirty. You need to see places, stay in touch with agents and have your finger on the pulse like never before.
You need to be a shopper, which means knowing when to hold ’em and when to fold ’em. Knowing when to walk away and when to run.
Also, is this good news or bad news? Vancouver has added a 15% tax for international buyers in an attempt to cool down their red hot housing market. I think what it will do is re-direct more people to the next most desirable location: the Greater Toronto area. It will be interesting to see how it shakes down. It could mean they just find loopholes like buying through corporations. It’s been so bad that British Columbia has stepped in and said that the real estate industry can no longer self-regulate.
Back to the list… The front shot on 618 Hepburn might be one of the best we’ve seen this year (although they cranked the contrast up so the colours are super saturated).
434 Chandler also looks good and the price is right, so why not make today’s video about the Chandler we all know and love. And as an aside, here’s a witty article about the TV show Friends and how it single-handedly triggered the decline of Western society. Good stuff!