Selling in Vancouver - Good, Bad & Ugly

Are you looking to sell a condo, house or townhouse in vancouver? With lots of stories in the news about housing market crashes across the US, recession fears & slow sales in the lower mainland for July and August here are some quick good, bad and ugly points about selling your property:

THE GOOD:

Vancouver is still a very desireable place to live - there are still lots of people that would like to buy your home.

THE BAD:

They can only afford about half your current asking price.

THE UGLY:

Highest new housing starts in recorded history for July, thousands of new condo units coming up in 2006 & 07, imigration flat, high debt level and low incomes, interest rates rising, prices on new units dropping to move inventory.