Will the luckiest year in the Chinese Zodiac spring on a vibrant year in real estate?
We think so! We are still blessed with some of the lowest interest rates in the world, and a market that continues to boom. Some talk of a 'bubble' but we feel that the only bubble we'll have to talk about in future years is the bubble that now occupies the Vancouver city line. The jury's still out if this newest bubble is better than that old white pin-cushion over BC Place.
Vancouver is blessed with so many cultures, Chinese being one of the largest influences, especially in our real estate market. And who wouldn't want to buy property in a year that is considered to be the luckiest for the next 12 years?
How will it affect our real estate market?
As a buyer, there will be some serious compitition. Solution: have all your ducks in order and be prepared. In order to have the most accurate information and efficiant guidence, using a Realtor is your best bet. We at Mt. Pleasant lofts have an extensive Buyer's program that will ensure you are armed with the best information and talented negotiators to go to bat for you.
As a seller, you have to be marketing in the right areas. Macdonald Realty has just launched a program raising our brand profile to the Chinese community through exclusive representation in the Global Chinese Press Home and Real Estate edition. Naomi and James are real estate marketers that utilize every tool available to highlight and position your property where it needs to be.
Expect BIG things in the new lunar year. Gung Hei Fat Choi!
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