Covid-19 Video Chats Top Producing Vancouver Realtor Steve Saretsky
Friday Apr 17th, 2020
ShareFriday Apr 17th, 2020
ShareFriday Apr 17th, 2020
ShareLast week I started increasing my real estate market reporting to include weekly updates. Reverse engineering: My secondary objective for this increased coverage is to learn what a recovery scenario might look like, and to be able to understand the shape it will take. Until that happens, I'll likely continue this practice. My primary objective for this increased coverage is to monitor the important indicators that we can use in an attempt to determine whether nor not we... [read more]
Saturday Apr 25th, 2020
SharePeople seem to get a little bit of value and comfort from these weekly reports, so I'm going to keep doing them until that changes. While it's been interesting to watch things change due to negative impacts of covid-19 and social-distancing policy, the picture is obviously still quite unclear. As you probably know, I interview professionals from the real estate industry on a regular basis. This experience has given me the ability to apply both qualitative and quantitative analysis to... [read more]
Monday Apr 27th, 2020
ShareSunday May 10th, 2020
ShareIt seems like we've pretty progressively found a temporary new normal, with little change in most major metrics. The big one to watch for now is going to be price, which could be gradually dragged down by excess supply. In the microeconomic outlook, it appears we're already seeing opportunism propping up the market on a transactional basis, as we've bounced off fundamentals without rebounding from suppressed capitalization rates we saw in the past few years. It seems like... [read more]
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