Metro Vancouver’s housing market closed out 2023 with market conditions that were resilient in the face of the highest borrowing costs seen in over a decade. Home sales in 2023 totaled 26,249 that is a 10% decrease from sales recorded in 2022. Last year’s sales total was 23.4% below the 10-year annual sales average. If you are looking to buy, sell or have questions about real...
Real Estate
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 Wi-Fi, the opportunities for hackers to play havoc with your home gadgets increase. How do you prevent that from happening? Here are some safety tips: If your gadget uses a password to access the settings, change that password...
If you’re thinking about selling in the spring, don’t wait until the new year to start planning. In fact, you’ll save yourself a lot of work and get ahead of the game if you start planning now. What’s that old saying? The early bird gets the worm! In this case, by starting the process this month, you’ll be in excellent shape when you’re ready to list in the spring. Here are just a few examples...
If you’re relaxing on a Caribbean beach, or enjoying a bus tour through historic Paris, the last thing you want to worry about is your home. Most people know the basics of keeping a home secure while away. Here are some additional tips that are easy to miss: • Tell your kids not to boast about your fabulous vacation plans, especially on social media. The fewer who know that the house is empty, the...
A steady increase in housing inventory is offering home buyers across Metro Vancouver among the largest selection to choose from since 2021. Home sales totaled 1,702 that is a 5% increase compared to November 2022 and 33% below the 10-year seasonal average. The benchmark price for all residential homes is currently $1.1851M representing a 5% increase from November 2022, and a 1% decrease...
Walk-through videos are becoming increasingly popular. The seller’s agent simply films a tour of a home, often including commentary, and then makes the video available to prospects. When you’re shopping for a new home, you want to get the most out of watching this type of video, especially if you’re relying on it to help you decide whether or not to make a viewing appointment. Consider these...
When you’re selling your property, you want buyers to see it at its best. But, a percentage of potential buyers will only be able to see your home in the evening. If it’s getting dark by the time they arrive, your home may not look as good as it does during the day. Fortunately, there’s a lot you can do to compensate. Start with lighting. Make sure your home is well lit during an evening viewing. It...
If you’re making an offer on a property, obviously the price you go in at plays a big role in whether or not you get that home. That’s especially true when there are other competing offers. However, while the price is important, it’s not the only factor. There are other ways to make your offer more appealing. For example, the closing date may be important to the seller. They may be relocating...
An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages. Home sales totaled 1,996 that is a 4% increase compared to October 2022 and 30% below the 10-year seasonal average. The benchmark price for all residential homes is currently $1.1965M representing a 4.4% increase from October 2022, and a 0.6%...
There’s no doubt that an effectively “staged” home is likely to sell faster and for a better price. Studies in real estate sales consistently prove it. However, you might be asking, “Is it better to do the staging myself? Do I need to hire a professional?” Let’s look at the pros and cons. If your home is already in demand and likely to get multiple offers, you might get away with doing the...