Wednesday, July 16, 2008

110

110 - That is the number of single family residential listings on the market as of today in the City of Brooks. Buyers still have a lot of inventory to choose from, while some sellers patiently stand by and others are reducing their list prices. This is a general trend in the Alberta real estate market. Actually, this is happening throughout much of Canada. Is this the end of the real estate market world? Of course not. Is it a correction in the market? Yes. Sellers have had a strong market in the past 6 or 7 years, and now the market is getting back to "normal". As a seller, you must be more aware of what the trend is in the market and be competitive. As a buyer, you have lots to choose from and you can take your time, making sure that you have the right home for you.

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