November home sales outpace seasonal norms and long-term averages Home buyer demand has been at near record levels in our region since the summer. This is putting upward pressure on home prices, particularly in our detached and townhome markets. The supply of homes for sale are a critical factor in understanding home price trends. The total number of homes for sale in Metro Vancouver is lagging behind...
Real Estate
For some people, selling a home can be an emotional roller-coaster ride. In addition to the process of selling your property, buying a new one, and moving, you’re also saying goodbye to a neighbourhood and a home. But there is plenty you can do to smooth out the ups and downs. Here are some ideas: Make sure you know all the steps involved in the selling process. Don’t overschedule. You don’t want...
Imagine your coffee maker switching on by itself, staying on for hours, overheating and becoming a fire hazard. That’s not science fiction. As more and more appliances incorporate WIFI, the opportunities for hackers to play havoc with them increase. How do you prevent that from happening? Here are some safety tips: If your gadget uses a password to access the settings, make sure you use a strong...
If you’re thinking of selling your home and buying a new property, you might come across an opportunity to purchase a “fixer-upper”. In fact, the home might be priced based on its need for work. Should you buy that “fixer-upper”? That can be a tough decision. Here are some questions you should consider: What repairs need to be done? Are there any major items that will need to be replaced...
Home sale and listing resurgence extends into the fall. Home has been a focus for residents during the pandemic. With more days and evenings spent at home this year, people are re-thinking their housing situation. Throughout this period, REALTORS® have been working to understand and adapt to the latest safety protocols so that they can continue to help the public meet their housing needs in a safe and...
When it comes to updating their living space, some homeowners enjoy doing the research and then planning, designing, and decorating on their own. Many believe they will save a substantial amount of money. While that may be true, they may also be doing themselves a disservice by overlooking the benefits of hiring an interior designer (who can create and maximize functional living space) and/or an...
As you probably are with any financial investment, you should always be mindful of the value of your investment in property. Aside from knowing its fair market price, you should also be aware of market demographics and how they influence your home’s value. Available statistics can help identify those demographics, their desirable home features, and current trends. Staying in touch with this information...
When you’re looking for a new home, you want to find one in a great neighbourhood – or, at least, in a neighbourhood that is on the upswing. How can you tell if a particular area is improving? Here are some common indicators: Pride of ownership. Take a walk around the neighbourhood. Do you get a sense that people take good care of their homes? Are the lawns mowed? Is the landscaping trimmed? Are...
Home sales reached record levels in September. While the pace of new MLS® listings entering the market is increasing, the heightened demand from home buyers is keeping overall supply levels limited. COVID-19 has impacted the market in many ways. There are large variations in market activity based on property types and neighborhoods. Please give me a call and I can help you develop a strategy to meet...
It’s a good idea to clean or replace your home’s air filters and screens at least once a year to help keep your indoor environment safe from mould, dust mites and other allergens. But don’t stop at your heating, ventilation and cooling/air-conditioning systems. Think of all the other filters and screens that need cleaning, such as those in humidifiers, range hoods, bathroom fans, and windows....