Reasons Why First-time Buyers are attracted in the Current Market
Richmond, British Columbia, Canada -
Although the current condition in the Greater Vancouver real estate is still attractive to the first-time home buyers, one must remember that this current state of home prices won't be there forever.
We participate in a cyclical market. Therefore, first-time buyers who have been eyeing an opportunity to own a home should take time to find out how they can make use of the benefits of being a home owner.
In the last couple of months, we have been seeing a greater level of interest from first-time buyers.
Some of the reasons why they continue to get attracted are:
- Very low interest rates
- Affordability (in home prices)
- Great savings by availing government incentives for first-time buyers
In the long run, home buyers could see the value of acting upon their decision to be a home owner, when they start to enjoy the benefits that go with home ownership.
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Sheila Atienza, Richmond BC REALTOR/ Mortgage Broker
Author, You Are Privileged, 12 Success Principles to Uncover Your Innermost Potential
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Sheila Atienza,
Richmond BC Realtor,
Published Book Author:
"How to Prepare to Own a Home in Canada: Recession-proof Lifestyle for Immigrants and First-time Buyers"
Sheila Atienza is a market specialist - mortgage - real estate - agent in the communities of Richmond, such as, Terra Nova, Sea Island, Bridgeport, West Cambie, East Cambie, Riverdale, Quilchena, Granville, Seafair, Boyd Park, Steveston Village, Steveston North, Steveston South, Westwind, Woodwards, Broadmoor, Garden City, Saunders, South Arm, Brighouse, Brighouse South, Mclennan North, Gilmore, Mclennan, East Richmond, McNair, Ironwood, Hamilton. Sheila has been helping immigrants, first time buyers and investors through the process of buying and selling of properties.
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