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Tuesday, October 15, 2019
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Home News Housing market starting to show signs of stability: Real Estate Agent

Housing market starting to show signs of stability: Real Estate Agent

FORT ST. JOHN, B.C. – Trevor Bolin says the Real Estate market is starting to show signs of stabilization.

Bolin says that houses that have been sitting over the spring and summer, are starting to be bought. He says the reason behind this is the prices are prices that Fort St. John has not seen in a while.

He says he did an interview last November and predicted that 2016 would go down in history as one of the best times to buy a home.

He says “With recent announcements and a pick up in the market this couldn’t be more true.”

Bolin says that July the bottom of the market, and sales matched those of the late 90’s. He also points to recent announcements that has led to more house buying activity.

Rentals are also another area that is seeing some shift.

“Rentals are also starting to get rented. In speaking with Western Canadian Properties, they are currently at 0% vacancy here in FSJ.”

He notes “our market is far from where it was in the height of 2014, but it’s also taking off a little bit from where it was in the lows of 2016.”

 

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