Flip this house
Real estate opportunities 'are still available'
However, due to a stagnant market, developers must be willing to adapt
Carla Wilson, Times Colonist
Published: Thursday, November 20, 2008Today's real-estate market is stagnant, but there opportunities exist for developers willing to adapt, a Vancouver researcher and consultant told Victoria-area developers yesterday.
"One of the greatest reasons why it's stagnant is because buyers are not able to make decisions right now," Jennifer Podmore Russell, founder of MPC Intelligence Inc., told an audience of about 110 at an Urban Development Institute event.
Along with other markets in Canada, Greater Victoria has seen house sales numbers drop amid the global economic upheaval. Several major projects have been put on hold.
posted by house at 12:24 PM
1 Comments:
Buying real estate is a complicated process that you do not want to mess up with. It is going to be the most expensive purchase you make in your life. Therefore, make sure you are well educated and understand the entire process.
Post a Comment
<< Home