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February 2024

January 2024 Market Update

  Home sales across Metro Vancouver’s housing market is off to a strong start in 2024 compared to 2023.   Home sales totaled 1,427 that is a 38.5% increase compared to January 2023. This was 20.2% below the 10 year seasonable 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...

What’s the “Emotional” Return on Investment of a New Home?

Chances are, you’ve heard the expression, “Your home is your biggest investment.” For most homeowners, that’s true. So, when you’re shopping for a new home, it’s important to consider the financial opportunity of any purchase. Ideally, you want a home that is likely to increase in value over time. In other words, you want a home with a strong potential return on investment. But dollars aren’t...

Should You Worry about Competing Listings?

Imagine you’ve been waiting for the right moment to sell your home and you’re finally ready to list it. But, just as you’re about to put up the sign, you notice that a few other FOR SALE signs have unexpectedly popped up in the neighbourhood. Oh no! Now there are competing listings. Does that mean you should put your plan to sell your property on hold? Not necessarily. Just because comparable homes...