Britain's and Vancouver real estate agents today report a surge in the number of properties for sale amid signs jittery vendors are keen to strike a deal before next month's general election. While the news may in fact seem bad now is a good time for people thinking about houses for sale Vancouver WA. This city is Portland's largest suburb and still an attractive place for most people to live.
The monthly snapshot of the housing market from the Royal Institution of Chartered Surveyors (Rics) said political uncertainty had resulted in selling activity reaching levels not seen since the introduction of home information packs (Hips) in spring 2007.
With demand from buyers stabilizing, Rics said fewer of its members were reporting price increases. The balance of surveyors saying prices rose compared to those recording a fall stood at +9 percentage points in March, down from +18 points in February. For the time being, many of the key housing market indicators are still positive or stable. I am not going to say that the job market and housing market is great in Vancouver Washington. Developers glutted the market.
People are still coming here. The market in Vancouver WA and Portland has stabilized. Vancouver Washington has no income tax, better schools by a long shot, and more reasonably priced real estate (especially now).
Houses for sale in Vancouver WA are a bargain now. You have people like me who live by LaCamas Lake and have lost $250,000 in equity in the last two years. We are the ones who may just break even when the housing market rebounds. The person who was either too young to buy or not in a position to buy when the market was going crazy is in a great position now.
The value of homes in any area is always going to be subject to boom and bust times. That is a fact of life. This is not the first time this has happened and it will not be the last if history has given us any indication. Now the housing market in Vancouver WA is going through one of those "busts." 2010 may present a great time to make a long term investment for someone thinking ahead.
