Vancouver Real Estate – Ain’t No Sunshine

Ain’t No Sunshine Anymore

Bill Withers sang this song back in 1972. His lyric may in part explain why our Vancouver Real Estate market is feeling the blues.

WSJ

According to Wall Street Journal’s June Fletcher, a lot of Canadians are headed south. Their discretionary after tax income is not being spent on new or different homes in Canada.

Would You Like a Cherry Pie

She claims that the low low prices for US properties are the attraction.

Scott Robinson, an Ontario sales manager, just closed on a stone-and-stucco house in North Phoenix with a three-car garage, saltwater pool and sports court. He plans to use the house, which is less than two years old, as a vacation home. The owners originally asked $622,000, but it was being offered for $525,000 in a “short sale,” or below the level of the mortgage. He got it for $386,000. “For that, you’d get a fixer-upper” in a Canadian resort area, Mr. Robinson says.

At these prices it seems like MickyD’s Cherry pie is being included for free with your burger meal.

Blues Eliminators

Feeling the lack of sun blues? No worries, give me a call and I’ll hook you up with the best Realtor’s in Phoenix, Long Beach, Miami, San Diego, San Mateo, San Francisco, Los Angeles, Marin County and Los Gatos.

Blatant Advertisement

If you want to permanently eliminate the lack of sun blues, I have the local real estate prescription for that too.

While You’re Thinking About It

Got a Vancouver Real Estate question? Always happy to answer it. Call or send me an email or twitter me @yattermatters.

Larry

*Statistics Courtesy REBGV. While believe to be accurate they are not guaranteed. **Numbers provided may vary as they are dynamically posted by the REBGV.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

Reader Comments:

Teri L Says:
September 8th, 2008 at 8:57 am

>Their discretionary after tax income is not being spent on new or different homes in Canada.

I’ve heard more than one sunbelt Realtor say: “Thank God for the Canadians!”
And we really mean it. 🙂

September 9th, 2008 at 9:00 pm

We do have 300 sunny days each year here in Los Gatos, so come on down to visit and send your clients too 🙂 Silicon Valley isn’t *that* far!

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