How your Home’s Market Value is Calculated
Posted on Apr 05, 2022
Imagine you're shopping for a used iPhone 11 that's in good condition. You visit a resale website and discover that most are selling for approximately $350. Would you be willing to pay $400? Probably not. The market value is obviously well-established. There would be no reason to pay more.
Pricing your home for sale is similar. Your home has a marke...
Posted on Mar 10, 2022
Like most homeowners, you probably don’t think of your property as just a building with rooms and a backyard. To you, it’s much more than that. It’s a home.
When you walk into your dining room, for example, you don't merely see the table and chairs. You see memories. You recall laughter with family and friends. It's emotional.
That’s what a home is a...
January 2021 Real Estate Numbers
Posted on Feb 10, 2021
Typically at this time of the year we are looking for signals as to what we might expect for the Spring real estate market. According to the sales data for January it would appear the big story this Spring will be inventory. Or if you like the number of properties available for sale to keep up with the increased buyer demands. For example, the numb...
The Real Estate Market is moving forward: September 2020
Posted on Sep 25, 2020
Last month was the busiest August I have ever had in my career. A lot of other REALTORS® were bustling with activity during the summer. In fact, this August was the highest activity in many years and beat our 10-year average for the month of August.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the regi...
May 2020 Housing Market Statistics
Posted on Jun 08, 2020
REBGV Chair Colette Gerber provides a summary of the May 2020 housing market statistics.