Is it the new years resolutions, the on-and-off commitments to the gym, or rapid developments in every industry?
For the real estate developments in Vancouver, it is going to be the realization that times are a changin’. We are going to see 2011 bring a lot of new product onto the new-development scene, as well 2011 will be the year of the enlightened purchaser!
The new year is full of opportunities that every developer wants to seize. David Allison of Braun/Allison states, “I don’t know a single developer in Vancouver who is not going to have product in the Spring”.
Vancouver should be ready for a killer year in the pre-construction market! Why? Looks like the dip in 2008 and 2009 caused a slew of pent-up demand for new homes, of which the dip hesitantly rebounded in 2010. But now, 2011 is ready to push full steam ahead thanks to more confidence from Vancouver builders and the BC market.
Instead of new developments built around the condominium, the condominium is going to be built around the residents and their lifestyles.
David Allison says that with the slew of new products entering the market, consumers should be encouraged to take the Captains Chair by asking questions – lots of questions!
Ask about specific building details. Ask about surrounding neighbourhoods. Ask about the history and reputation of the developer. Ask about building amenities. Ask about everything!!! Do not be afraid to ask. You, the purchaser, is the driver and you have all the time in the world to make informed decisions.
Allison encourages consumers to, “Ask a tonne of questions, and make sure you are going to end up in a home you are going to be happy with”.
This idea also runs along side the Braun/Allison’s free e-book ‘Sell the Truth’, which explains how builders can no longer just put up fancy pictures and fun jingles, but must actually work on selling the story behind the project.
Vancouver is going to get a taste of the good life as businesses are raising the bar to stay competitive as companies are going to be producing products that are better quality, more responsible and more amazing than ever!
Allison excitedly says, “I am very encouraged by what I am seeing not only by our clients, but all developers in Vancouver”. The power is held by the consumers, and the developers have dislodged the brakes, and are going 88mph ‘Back to the Future’ of development, and are saying 2011 is definitely going to be the year to look out for.