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...
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...
Here are some of the biggest price increases and decreases in the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board for different categories of properties from October 27th to November 1st, 2018.
(Be sure to Click on the pictures to see the full listing with all the other pictures and virtual tours i...
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...
Here is a great article from a local mortgage company named Kelleway Mortgage Architects that could save you thousands of dollars. Click on the link to visit their home page.
Every now and then we see a mortgage stat that’s a jaw-dropper.
September of 2018 continued the trend of the last few months: July sales hit a 30 year low, August a 6 year low, and September a 10 year low. The last time that we had similar sales numbers in September was in the infamous year of 2008. Keep in mind that there are now more homes overall in the Lower Mainland than in 2008 with the high pace of build...