Imagine driving at 200km/hr along the Island Hwy. Feels pretty fast doesn't it?
Now, take your foot off the accelerator and let the vehicle coast down to 120km/hr.
Compared to the previous pace, it feels like you're crawling along, but you're still speeding!
This is the market... We're still in a seller's market, but the pace is no longer so crazy.
Let's talk briefly about privacy. With the proliferation of smart devices in homes, it's not uncommon to see video doorbells, baby monitors, webcams, security systems, and interactive speakers while viewing properties. These are capable of recording your conversations and movements. Scary! Sellers may want to keep these running for security reasons, but they can also glean information about you and your interest in the property during your visit. Technically, it's illegal to record private conversations of 3rd parties without at least 1 party's knowledge, but this doesn't mean it isn't happening. What do you think? Should a seller have the right to record the ongoings in their own home? Or should buyers be able to expect a reasonable amount of privacy for their showing times?
Current market stats are below, along with some of my recent listings and sales. If you haven't already, please also check out my video and weekly show, Monday's at 10am, streamed on YouTube & Facebook, "The Victoria Real Estate Show".
Andrew Plank
250-360-6106
www.andrewplank.com
