WHAT'S HAPPENING IN THE MARKET PLACE

Some people think that the market is on the way down and we are going to have a crash.

This was being spread around several years ago and yes we went up and down in our prices but we didn't have the recession they all said we would have.

The market is moving along as long as the property is priced within that 2-3% of the sale price, if the property is over priced it will just sit there until the Seller decides to meet the market.

We try not to take these over priced listings on as we want to be known as "keeping it real" our new slogan for Vivian's Residential.

Property sales last week were 655, 4 weeks ago they were 674 and the same time last week was 741.  There are 12,294 properties listed for sale, 4 weeks ago there was 13,125 and this time last year there was 8,790.  We do have a lot of properties on the market but they are selling.

My advice if you need to buy a property and you walk in and like it, put your offer in immediately and start negotiating before there is another person on the scene you will have a better chance to negotiate with the Seller.  If there are two offers on the property they you will have no time to negotiate you will have to go in with your top price to begin with.

The market is the market and if you buy and sell in the same market no problems, if you are entering the market for the first time, it's a fantastic time to buy the prices are very reasonable.

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO ANYWAY !!