We sold our Vancouver condo last December and were going to housesit for 2 months and then buy a small house on the coast. Trouble is, we wanted to see all the small towns for ourselves and experience them first hand. This has been an amazing adventure.
We recently saw a few houses we were interested in. But they still cost too much. With the real estate market falling everywhere, including Calgary and Edmonton, we have waited too long not to be around when Vancouver heads down a bit. Now there are all kinds of opinions about if and when it will cycle down, but I guess we are just waiting. We sure don't have a crystal ball, but in the meantime there is a lot of research that we do.
There are several blogs I check every day to watch numbers, trends and sale prices. So when we see the right place at the right time we will act. Until then, tick tock, tick tock.
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