When the market is slowing down it becomes very easy for REALTORS® to promise more to get your listing. This is a downward slope that does more harm than good to the unsuspecting seller. Recently I have seen sellers going with the highest price and then sitting on the market for an extended period, and […]
Reduced demand is allowing housing supply to accumulate
VANCOUVER, BC – June 4, 2018 – Home buyer demand continues to decline across the Metro Vancouver* housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,833 in May 2018, a 35.1 percent decrease from the 4,364 sales recorded in May 2017, and a 9.8 […]
Home sales down, listings up across Metro Vancouver
VANCOUVER, BC – May 2, 2018 – The Metro Vancouver housing market saw fewer home buyers and more home sellers in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 percent decrease from the 3,553 sales recorded in April 2017, […]
Fewer home sales and listings in the first quarter of 2018
VANCOUVER, BC – April 4, 2018 – Home buyers and sellers were less active in Metro Vancouver throughout the first quarter of 2018. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,517 in March 2018, a 29.7 percent decrease from the 3,579 sales recorded in March […]
Home buyers were less active in February
VANCOUVER, BC – March 2, 2018 – Metro Vancouver* home sales dipped below the long-term historical average in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,207 in February 2018, a nine percent decrease from the 2,424 sales recorded in February 2017, and a 21.4 […]
Home buyer demand depends on property type
VANCOUVER, BC – February 2, 2018 – Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 percent increase from the 1,523 sales […]
How to win a real estate bidding war
Negotiating your way through the maze of real estate sales and jargon raises many questions. Don’t worry. That’s why I’m here! So, today let’s talk about bidding wars and how best to handle them. Here are a few tips to help you win! Pre-inspect the home You will need to write a great offer. In […]
Real estate investment basics
Imagine being a land baron; building an empire of rental properties and receiving a steady stream of passive rental income. Wouldn’t that be nice? Wait! Before you wave goodbye to your boss and dive head first into the world of real estate investments, here are some basic terms to become familiar with. Capitalization (“Cap”) rate […]
Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market
VANCOUVER, BC – January 3, 2018 – After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached […]
Neighbourhood spotlight: The BAKESHOP
This week I want to highlight a great spot in Arbutus that I have found to be little known and very good. The BAKESHOP 4021 Macdonald Street Vancouver, BC, V6L 2N8 Web www.vancouverbakeshop.com Instagram @the_bakeshop Facebook @thebakeshopvancouver Twitter @VanBakeshop The bread is outstanding! I highly recommend the sunflower-flax or the cranberry-walnut. The sandwiches are to die for […]