Horrible MLS Photo Of The Day #7

I couldn’t agree with you more. That’s a really horrible photo. Bad composition, poor lighting, and the list goes on. Not to mention that the owner left everything out and about as you mentioned. If that were my house I would be furious!

Thanks for the message Christina,

I think your comment raises some interesting points. I think that we’re already in a market (at least here in Victoria), where visual presentation, including photography is becoming increasingly important. The homes that are selling quickly and for top dollar are presented and marketed better, which is where the right agent can make all the difference. It’s no longer sufficient to stick a sign in the lawn and hope it sells. There are lots of places for buyers to look at now, and they’re going to seek out the ones that look nice.

As far as the “bubble” bursting, I can’t see any reason to expect a major downturn in the market in the near future. The increase in prices in recent years has been fueled by an influx in population from all over, moving to a milder climate and a beautiful location, among other things like low interest rates, etc.

That being said, the downward pressure on our economy from the impending recession in the U.S. (although we are certainly less affected in the west) can’t be ignored. Prices are likely going to level off and increase in the single-digit numbers this year and perhaps for a few years. We’ll probably see month-to-month ups and downs of average and median prices.