The shifting real estate market: What you need to know

Buying or selling? Do your research!

The real estate market is shifting and that’s a good thing, says Chilliwack-area realtor Naomi Adams.

“I think we’re heading into a period of stability, which is a good thing for both buyers and sellers,” says Adams, an experienced, award-winning realtor with Century 21 Creekside Realty.

After several years of limited listings pushing prices up and creating a challenging sales environment, those considering a move can now take a more measured approach.

For sellers, equalizing conditions mean adjusting their expectations – they may not be selling the minute their home hits the market. For buyers, “it’s given them a little more time; it’s less hectic and less stressful when we approach this kind of market,” says the longtime Chilliwack-area resident, who after more than 13 years in the real estate industry, is grateful to have followed her passion.

“I loved houses and the process of buying my first home – it really got me excited about the real estate process,” Adams says.

What do you need to know if you’re thinking about entering the market?

• For Sellers: “Be realistic about price, and know that it might take a few more weeks to sell a home,” Adams explains. “It comes down to price and presentation, and if you’re not selling, it’s one of those two issues.”

Once you and your realtor have looked at the appropriate pricing for your home, location and the current market, look carefully to see how you can present your home at its best: are there any maintenance issues, for example? Can you get a head-start on packing by de-cluttering and storing away any extras? And how can you stage your home to really showcase its best features for potential buyers?

• For Buyers: “Be aware of what’s out there, taking the time to look and educate yourself – look at comparable properties,” Adams advises.

That perspective speaks to Adams’ philosophy about her role.

“I counsel both buyers and sellers through the process of real estate,” she says. “It’s so much more than a ‘job’ for me; these are big decisions my clients making and a I want to make sure they’re making the best ones for them.”

***

To learn more about the current real estate market, contact Naomi Adams at 604-819-1544 or email info@adamsrealestate.ca

 

The Lakeshore Lake House at Cultus Lake.

Comments are closed

Just Posted

Four companies vying to open cannabis stores in locations across Chilliwack

Rezoning applications for non-medical cannabis outlets pending, and some will require variances

Christmas cheer, crafts and music at Chilliwack and Yarrow libraries

Make festive ornaments out of old books while enjoying Christmas music at Chilliwack libraries

Fleeing driver picks fight with Chilliwack police dog, loses

Good dog ‘Griff’ also locates large quantity of what police believe to be crystal meth in Abbotsford

Chilliwack company faces charges for 2017 abuse of chickens

CFIA investigation leads to 38 charges against Elite Farm Services and Ontario-based Sofina Foods

Water-filled ditch had pump going to prevent flooding in Chilliwack

City crews monitoring site on Ashwell Road after heavy rain hit Chilliwack Wednesday

Tommy Chong says Canada took wrong approach to pot legalization

He also talked about the likelihood of another Cheech and Chong film

Fashion Fridays: How to change your beauty routine

Kim XO, lets you in on her style secrets each Fashion Friday on the Black Press Media Network

‘Both things are true:’ Science, Indigenous wisdom seek common ground

Reconciliation between Canada and First Nations is playing out not only in legislatures and courtrooms but in labs across the country

B.C. to move salmon farms out of coastal migration route

Broughton Archipelago plan set to start in spring of 2019

High winds force several BC Ferries sailing cancellations

Tsawwassen to Swartz Bay, Horseshoe Bay to Departure Bay, and Duke Point to Tsawwassen among closures

Facebook reveals bug gave apps unauthorized access to 6.8 million users’ photos

It’s believed up to 1,500 apps built by 876 developers had access to Facebook Stories, private photos

Lower-than-expected parcel volumes helping cut into backlog, says Canada Post

The Crown corporation says that’s largely because it is taking in fewer holiday parcels than expected

Trapped B.C. crash survivor celebrates second chance at life

“Life is good now. It’s good to be alive.”

Vancouver police make arrest in hit and run that killed skateboarder

Charges stem from a two-year investigation into the April 17 death of 30-year-old Ryan Barron

Most Read