David's thoughts on anything real estate related

Great time to be a buyer in Vancouver!

The market is definitely favouring buyers lately.  Over the past month I have been busy writing offers for my buyer clients.  The last two offers were made and accepted at well below the asking prices (both were 10% less than asking).  
It is impossible to try to time the market, but if you are looking to negotiate now is the time!  The seller's that have their home on the market today are, in general, very motivated.   
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