What are the market conditions in Vancouver, Wash.. Rental Vacancies??
Tue Jul 10 2007, 14:20 - Vancouver - Market Conditions - 4 answers
|
|||||||
| Answers (4) | ||
| Show me: Recent Answers Oldest Answers Highest Rated |
|
|
| Gloria Matth was FIRST TO ANSWER | ||
|
BEST ANSWER
Hi Chewie,
I spoke with a management company approx. 2 weeks ago..they said it was ":slighlty below hopping for this time of year"..it seems that some are hesitant to move (either rental or buy) because of market uncertainty. Be sure to do your homework if you are going to purchase..the good news for the area is that Fisher Investments has purchased property in Camas..and according to news sources they are planning to relocate their headquaters to the Vancouver Area from the $$$ Bay area. Best of luck, Mary Sun Jun 8 2008, 06:34
|
|
||||||
|
BEST ANSWER
The conditions? Buy Now. Properties are at 2004 prices and the return on appreciation will be very good for a 3 yr hold or longer.
Rentals market is excellent. Thu Jun 5 2008, 13:59
|
|
||||||
|
BEST ANSWER
Can you clarify your question a bit more? Are you interested in selling or buying or both in Vancouver, Washington? Trying to understand the local market conditions as an investor?
Sat Jan 5 2008, 15:50
|
|
||||||
|
BEST ANSWER
FIRST ANSWER
Im not sure exactly what information you are looking for. Market conditions for home sales are "stable to slow". Prices are flatish over last year and inventory is about 7.5 months. I checked an information site regarding rental vacancies here and it was quoted as: "Homeownership rate in Vancouver is about 53.1%. Vancouver's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.49 people", it also indicated the average rental unit as 2 bedrooms and 610/month. If your question is about acquisition of rental properties, My own clients have fared well, over the last year, with zero vacancy time....the key is property selection
Of course its best to do your own due diligence or consult with a real estate / property management firm to get the most current and accurate information ...Based on your specific goals. Tue Jul 10 2007, 15:35 Web Reference: http://www.myhomeinfo.info
|
|
||||||
San Francisco real estate | New York real estate | Los Angeles real estate | Orlando real estate | Miami real estate | Philadelphia real estate | Phoenix real estate | San Diego real estate | San Jose real estate | Chicago real estate | Arizona real estate | California real estate | Florida real estate | Illinois real estate | Massachusetts real estate | New Jersey real estate | Pennsylvania real estate | Texas real estate | Other local real estate | Home price maps
Copyright © 2008 Trulia, Inc. All rights reserved. |