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March Madness Part 3

March 15th, 2023
And here's part 3 of this year's March Madness Real Estate recap.   Now previously, we looked at 5 hot markets in Richmond BC. Now, if you're looking to buy, heres a look at a few neighborhoods to look out for.  The West Cambiea are has been one of the fastest growing neighbourhoods in all of Richmond.  With new projects and people looking to transition to bigger properties, the apartmen ...

March Madness Part 2

March 8th, 2023
Top 5 hottest markets: Thanks for watching part 2 of this Year's March Madness Real Estate recap. Without further ado, lets look at Richmond's top 5 hottest markets since the start of 2023. Once again, lets take a look at the apartments in Brighouse South Its no surprise, that once again the apartments in Brighouse South has hit our top 5 hottest markets.  The spring time will very likely be ...

March Madness Part 1

March 8th, 2023
Hello everyone, Ray Estrella here, your family first real estate advisor.  This is your march madness real estate recap for your community of Richmond British Columbia since the start of 2022.  Now the spring market is right around the corner, so people have been wondering whats been happening as of late.  Now, since August we seen more than 5 interest rate changes which effected the market i ...

REBGV Market Stats - February 2023

March 7th, 2023
Below average home sales allow inventory to inch upwards   February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inching upwards. The Real Estate Board of ...

March Madness 2023

March 7th, 2023
Hi everyone!  Here's a look at whats been happening since the beginnging of the year in each of one of Richmond's most popular neighbourhood: All figures compiled on March 14, 2023Understanding MOI (Months of Inventory): Months of inventory is a measurement to help understand how busy a marketplace by comparing how many active number of active listings, and comparing them to the average amo ...