Market Statistics - March 2019
Posted on Apr 08, 2019 in Statistics
We're into the fourth month of 2019 already and sales are continuing to sag compared to the 10 year average. The past month's sales for the Metro Vancouver region haven't been this low since 1986. Is it significant that that year was Expo '86 in Vancouver?
In regards to sales, the REBGV reported 1727 sales (1484 last month) whereas the Fraser Valle...
To Stage or Not to Stage
Posted on Apr 05, 2019 in Selling
Sellers want to get the highest value for their property with the least amount of effort put into the preparation. It is completely understandable and I can relate :). However, to sell your property in an optimal amount of time and to get maximum dollars, your property needs to show well and be well priced. You have to wow those Buyers on both fron...
Market Statistics - February 2019
Posted on Mar 08, 2019 in Statistics
We're into the third month of 2019 already and the number of transactions continue to be rather subdued compared to the 10 year average.
The number of sales for the REBGV are 42.5% below the 10-year February sales average which indicates that buyers are maintaining the wait-and-see attitude of the last few months.
The REBGV reported 1484 sales (1103...
Market Statistics - January 2019
Posted on Feb 07, 2019 in Statistics
We hope that you enjoyed the first month of 2019 and those that have made New Year's resolutions are managing to maintain those improved habits.
In regards to the last month in real estate, try to imagine the sound of crickets. It was that slow. In regards to sales, the REBGV reported 1103 sales whereas the Fraser Valley Board reported 784. These nu...
Largest Price Movement Listings - Oct 27th to Nov 1st, 2018
Posted on Nov 01, 2018 in Statistics
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The Art of Leveraging
Posted on Oct 23, 2018 in Money
Here's an interesting article about buying an investment property from Jim and Lisa of Blue Tree Mortgages West about using your current home to invest in other property to build your wealth.
For some people, just owning one property and having a single mortgage is enough to handle. But for others, homeownership can be a gateway to owning multiple i...