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Understanding the buyer thought process

October 30th, 2024
So, if you're lookin to list your property and have a certain price in mind (which may be above market value), the one thing you need to understand is the buyer's thought process.Now, even though our ultimate goal is to sell the property, our short term goal is to bring people into the property to show.  However, a buyer's decision to see a properrty goes through a thought process before dec ...

Federal program for adding rental suites

October 15th, 2024
The federal government has just unveiled a new mortgage refinancing program to help homeowners build additional living spaces, such as basement apartments or converted garages.Starting in January 2025, this insured refinancing option will make it easier to create rental units and, in turn, help homeowners manage rising mortgage costs. A similar program was available until 2016 but was phased ...

REBGV Market Stats - September 2024

October 10th, 2024
  Buyers remain cautious to begin the fall market Home sales registered on the MLS® in Metro Vancouver1 declined 3.8 per cent year over year in September, suggesting recent reductions in borrowing costs are having a limited effect in spurring demand so far. Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,852 in September 2024, a 3.8 per ...

September 2024

October 7th, 2024
So, the numbers are out, so lets take a look at whats been happening in our home town of Richmond BC for the month of September For single family homes, we saw an increase of sales of 15% from the previous month.   On top of that we also saw a much better average days on the market.  In August, it was an average of of 23 days on the market, for september it was 2 weeks.That range from 1.5 ...

Richmond Report- September 20

October 7th, 2024
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Subject to sale

September 23rd, 2024
So, i've been receiving continuous messages from this one realtor of a place we checked out.  He's been sending me text message after text message saying how motivated his client was, how much of a good deal it is compared to the last sale, and flexible they were on closing dates. So, why the big desperation? Well, the owner of this house that we saw had their eye on another property, howe ...

170 W 40TH AVENUE, Vancouver West, BC

September 23rd, 2024
I just finished uploading this House/Single Family for sale, 170 W 40TH AVENUE, Vancouver West, BC Rare 6,039 square foot lot in prime area near Vancouver city central! RS-1 zoning, bring your project ideas to life with the existing 2,730 square foot home, or build your brand new home. Laneway access with detached carport and possible laneway house development. Steps away from rapid transit, ...

REBGV Market Stats - August 2024

September 16th, 2024
  Sellers await buyers’ return after quieter summer market Home sales registered on the MLS® in Metro Vancouver1 remained below their ten-year seasonal averages in August as summer holidays come to a close. Greater Vancouver REALTORS® (GVR)2 reports that residential sales in the region totalled 1,904 in August 2024, a 17.1 per cent decrease from the 2,296 sales recorded in August ...

Richmond Report - September 2024

September 11th, 2024
So the numbers are out, so here's whats been happening in our home town of richmond bcSingle Family Homes: benchmark price of 2.15M, which represents a 2% decrease from the previous month. Days on the market went from 19 days in July to 23 in August.On top of that, sales went down from 59 in july to 43 in august.  As i said in last month's richmond report, the august numbers wont be pretty. ...

Summer of Thanks 2024

August 29th, 2024
So, every year, I set up a night to take clients out to say thank you for their continuing support of a Family First approach to Real Estate, as well as helping with our business growth.  This year, we'll be heading to the PNE to see the sights and sounds of the fair, the amazing food and this year's feature presentation.   Over the years, we've seen sensations such as Boyz ii Men, TLC, Shag ...
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