Is the Market starting to heat up?

(January 22, 2013 )

Is the market heating up? Maybe. I am starting to see signs of the market heating up. My trusted source at TD Mortgage said its as if someone flipped a switch in 2013 and everyone has woken up again to real estate. They are getting more applications. This further verifies an incident I witnessed this myself the other day when 1376 Jefferson Ave in West Vancouver had 3 offers on the same day and sold $150,000 over asking!
Let's see, the sign went up around noon and by 7pm, they had three offers. Is the real estate market back??  We have not had this sort of activity in months!  Stay tuned.....