A little Sunshine Always Helps

I am going to give the sunshine over the last couple of weeks full credit for the increase in activity in the Real Estate market. The media is still trying to sell doom and gloom with reports of very low numbers in new construction house starts and a "still looking for the bottom" US economy. My response to the low number of house starts is "GREAT!"... they built too many in the last three years and saturated our market, now a well prepared buyer can negotiate a very good deal not only on the new house, but on super low mortgage rates.... if you can qualify, 4.45% on a five year isn't hard to take. I am forecasting a inventory bubble for this spring which is going to make sellers become very competitive if they want stand out from the crowd and see offers. So all those out there that have considered buying a home ... it's time to pay attention to the real story on the Comox Valley Real Estate market and not what the media is selling. More sunshine please. SM