A lot of people have realized this can be a great time to buy or sell an apartment or townhouse. Like the cherry trees, the spring real estate market is blossoming. The number of sales and new listings is rising sharply from the winter doldrums, as happens every year. However, in spite of the activity, […]
Read MoreReal Estate Market in 2017
Like any market, housing is driven by the laws of supply and demand. Demand is largely determined by buyers’ confidence and population growth. On the supply side, an over-supply will tend to bring prices down, an undersupply will put pressure on to lift prices. Here are just a few of the factors that we should […]
Read MoreConsiderations for an Unusual Market
What is going on with real estate right now? Recent rule changes to tax foreign buyers and tighten mortgage lending have introduced some uncertainty to our market – and as always, Buyers don’t like uncertainty. The result is that many Buyers are holding off on making a move. Things for SELLERS to Consider: In a […]
Read MoreHow Secure is Your Land Title?
If you’ve ever bought or sold a home in Canada, you’re probably aware that title to your property provides legal proof that you are the owner and lists any current encumbrances, such as mortgages, easements and liens. In other words, it tells sellers exactly what they have and buyers exactly what they are getting. BC […]
Read MoreHome Sales Up, Home Listings Down
This month I’m taking a closer look at home sale and home listings in order to give you better insights in to the Greater Vancouver housing market. I’ve listed some numbers below basically the story continues: Home sales continue at record levels; housing inventory isn’t keeping up with the demand. With the demand so high it makes it […]
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