5 Whys To Buy Victoria
in Winter
Hot buys in the cold season
During this time of year, people (most buyers and sellers) are thinking of the holidays rapidly approaching and not real estate. For some listings it's more of a challenge and because of that very reason, some Sellers are extremely motivated. Translation: great opportunites. Homes in Victoria, BC at this time of year can be a great buy.
Take a look at the chart that represents condos in the core area of Victoria over the last two years ...
The red line shows us how the median list prices are at their low...
The yellow line shows how fluctuating the sales price vs, the original price has been and now, mid-December 2012, has bottomed-out.
Here are the 5 Whys to Buy in Victoria During the Winter:
1. Investor looking for rental properties with good cash flow
2. Tenant (first-time buyer) tired of monthly payments to landlord (no equity!)
3. Parent of student enrolled in our local Univeristy (buy & build equity!)
4. Homeowner looking to downsize.
5. Out of province resident looking for second 'vacation' home
Here's just a sampling of the over 700 active listings for condos in the core area of Victoria - take your pick...
As I always recommend, get the $$$ arranged before hopping in your car to see listings. Why go shopping when you don’t know if you can afford what you see? Get pre-approved. It's quick and easy at this time of year.
Why Buy Victoria in Winter? Seems like a no-brainer.
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