There are few certainties in this world, but there are surefire ways to sell your property faster regardless of market conditions. These strategies have been proven time and time again. So, if you’re thinking of selling this year, take a good look at these recommendations: Clean and tidy up. Making your home “guest ready” is the easiest way to ensure buyers are impressed during a...
Inventory remains low in Metro Vancouver while home sales dipped well below monthly historical averages in January. Home sales totaled 1,022 that is a 55% decrease compared to January 2022 and a 21% decrease compared to December 2022. Due to seasonality, market activity is quieter in January. With mortgage rates having risen so rapidly over the last year, we anticipated sales this month would be among...
Remember the last time you were in a furniture store or other major home retailer? Remember the fully decorated displays of furniture, appliances and other products? Some of those may have even been organized as model rooms. What did most of those displays have in common? Chances are, they were well lit. In fact, in the retail industry, there are professionals who specialize exclusively in display...
New countertops have always been a major contributor to kitchen makeovers, and the range of choices has never been greater. Beyond laminates and tile, or natural stone, wood and bamboo, some durable acrylics have become quite popular. But, there are also newer composite materials that offer advantages which might make them an ideal compromise between natural and synthetic countertops. Generically...
When you purchased your current home, chances are it was a good match for your lifestyle. It had the space you needed, the features you wanted, and a location that worked for you. But for most people, lifestyle and needs evolve through the years. Kids get older. Jobs or careers change. People take on new hobbies and other interests. As a result, the home that was ideal a few years ago may not fit with...
After seeing record sales and prices during the pandemic, Metro Vancouver’s housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation. Closing out 2022, the data show that the Bank of Canada’s decision to increase the policy rate at seven of the eight interest rate announcement dates in 2022 has...
Want to save money in 2023? There are many money-saving opportunities — including tax savings — that you can realize if you take action before the year ends. Here are just a few examples of what to consider: Do you own a business? Even if it’s just a side-hustle to make extra money, you can save on taxes if you make planned purchases this month. For example, if you need a new printer, buy it in...
There’s an interesting psychological characteristic of clutter. We tend to notice it more in other people’s homes than in our own. In fact, we may not even realize a room in our house feels cluttered and uncomfortable to visitors. That’s why making each room look neat and spacious is so important when you’re selling your property. Although the task may seem daunting at first, decluttering is...
Home sale and listing activity continue trending below long-term averages in November. Home sales totaled 1,614 that is a 53% decrease compared to November 2021 and a 15% decrease compared to October 2022. Heading into 2023, from a long-term structural view, the current pace of listings and available inventory remain tight when considered against a backdrop of...
Imagine you find a home on the market that checks all the boxes. There’s only one issue. It needs work. Perhaps the paint has faded, or the kitchen is old, or there are repairs needed. Should you make an offer on that home? That depends on many factors, of course. The first thing you should consider is whether or not the home is otherwise ideal. If it has everything you want — location, size, style,...
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