The Oswells

The kamloops Real Estate market has heated up considerably this week. We have buyers going in every direction. Properties are selling fast - too fast for the buyers-who need a moment to think. We had buyers drive up to Kamloops from the lower mainland this week only to discover that all that they wanted to look at had sold between the time they decided to come and the next day when they got here. I think what has happened is that the buyers, confident that prices are going up again this year, want to buy now, before they go up. Sellers however, also confident that prices are going up this year, want to hold off for a while so they can make more money. The result is a very tight market.