Say you’ve found a house for sale in an area that’s unfamiliar to you. How do you figure out if it’s going to be the ideal neighbourhood? The first step is to take a walk. Stroll the neighbourhood and explore. If you get the chance, chat with homeowners and get their opinions of the area. Ask what they love about it. Also ask what they don’t like. Next, determine how the neighbourhood is going to...
As summer comes to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern. Home sales totaled 2,296 that is a 21% increase compared to August 2022 and 14% below the 10-year seasonal average. If you are looking to buy, sell or have questions about real...
When searching for a new home, many buyers will focus only on the list price and what they may need to offer to get the property. For example, a buyer might think, “We can get this house for $XX. That’s within our price range!” Of course, the selling price plays the pivotal role in whether or not you can afford a particular home. But, carrying costs should also be considered.Carrying costs include...
If you’re thinking of selling this fall, this is the ideal time to start the process. The earlier you get ready, the more successful your sale will be. It will likely go a lot smoother, too. So, with those benefits in mind, here is a quick checklist that will guide you in preparing to list this fall:• Financials. Find out how much your home will likely sell for in the current market. That...
You may be excited about selling, but do your other family members share your enthusiasm? Kids can often be hesitant about, or even resistant to moving. That can make the selling process more stressful. The good news is, there are ways to get everyone in the family keen on the idea. One effective technique is to get everyone involved in the planning process, especially kids. Seek their input. Keep them...
Home prices across all home types in Metro Vancouver rose again in July, as strong sales figures continue to push up against low levels of housing inventory in the region. Home sales totaled 2,455 that is a 29% increase compared to July 2022 and 16% below the 10-year seasonal average. If you are looking to buy, sell or have questions about real estate, please give me a call.Victor...
The 2020s may become known as the decade in which we re-evaluated our homes, and found ways to make them better serve our needs. Part of that assessment has already begun, especially amongst seniors who desire greater independence and want to continue to enjoy comfortable, productive lives in their own homes. Enabling their wishes in as safe an environment as possible often requires support from other...
When a buyer opens a cabinet door in your kitchen, it’s not an invasion of privacy. The buyer simply wants to get a sense of the available space. So, you can expect some buyers to explore cabinet space, especially in your kitchen and bathrooms. That’s why making sure cabinet space looks clean, organized and spacious is so important. Consider these tips: If you store a lot of items inside a cabinet,...
June home prices continue to rise in Metro Vancouver’s housing market due to limited inventory of homes for sale in the region. Home sales totaled 2,988 that is a 21% increase compared to June 2022 and 9% below the 10-year seasonal average. If you are looking to buy, sell or have questions about real estate, please give me a call. Victor Song PREC* Royal LePage Sterling...
Purchasing a home is not the same as buying a product off the shelf. You don’t simply pay the price on the tag and know it’s yours. You can’t just see a home for sale and say, “I’ll take it!”, especially if the market is competitive. You need to make an enticing offer. That offer, of course, would include the price you propose to pay. That price may or may not be the “price tag” or the...
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