Investing, Real Estate

Vancouver Real Estate Roller Coaster

Just so you know, like Ecclesiastes and the Byrds said, for everything there is a season and a time.  There is a time to live and a time to die.  A time to sow and a time to reap.  A time to buy an investment and a time to sell it.

And, based on a tear-down 60 year old house in Vancouver selling today for somewhere around 1.2 million dollars, my spidey senses tell me that it may very well be a good time to sell!

Buyers, although I’m sure your realtor will love to grab a buyer’s commission from you it might make sense to wait a month or so.

Another analogy I heard which is great is that this is like a game of musical chairs.  If you were planning on selling soon anyway, heck.  Sell now.

For older people, you may never see a peak like this again.

Until then, everyone strap in and enjoy the roller coaster ride.  Remember, like the famous bumper sticker says ‘cycles happen’.

 

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