The recent changes to mortgage lending practices where buyers have to qualify for higher mortgage rates even if the actual mortgage they get today is at a lower rate could help the Briston market.
Since these new measures, referred to as the "stress test", could potentially force some buyers to adjust their purchases to a lower price level, these buyers may consider the Briston units as a viable option.
We at the Vani Team have been watching the Briston market since 1999 and would be pleased to discuss the current market with you. We have been involved in over half of all the purchases or sales of Briston units and there is a good chance that we have listed or sold your unit too! So over the years we have seen many different markets here!
Call us for a confidential chat!
Paul and Eric Vani