A peek behind deeply discounted 5-year mortgage rates.
When considering a deeply discounted 5-year rate, keep in mind that cheapest isn't always best. Strangely, we know that's true when we're shopping for anything else - but we still tend to believe that lowest rate is the one and only factor in choosing a mortgage. But, that low-rate mortgage could actually cost you more in the long run.
A ...
Home Sales Increase Last Year
Vancouver, BC – January 13, 2012. The British Columbia Real Estate Association (BCREA) reports that the dollar volume of homes sold through Multiple Listing Service® (MLS®) in BC climbed 14.3 per cent to $43.1 billion in 2011. A total of 76,817 homes were sold in BC in 2011, up 2.9 per cent from 2010. The average annual MLS® residential price climbed 11.1 per cen ...
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What do Vancouver Homebuyers Want?
In the hot, competitive Vancouver housing market, it helps to know what your target market is after- and to make sure that you are delivering on it.
Is there such a thing as a “dream house”? Homebuyers realize that perhaps some concessions need to be made in order to get what they want. A recent survey sponsored by REW.ca suggests that there ...
The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.
The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increa ...
Homeowners in Whistler can expect lower property assessments this year, their counterparts in some Vancouver neighbourhoods can anticipate double-digit increases, and people in other cities and regions will likely see little or no change.
The variations are consistent with real estate trends of the past year, said Tsur Somerville, a professor at University of British Columbia’s Sauder School ...
The Right Home
New home or resale – which suits you best?
Looking for a home is an exciting time, with so many different types of properties from which to choose. A good way to narrow down your search is to weigh the benefits of new vs. resale homes. If you're planning on buying a home in the new year, here are some key things to keep in mind:
Costs – A new home may involve a range of ext ...
The Greater Vancouver housing market saw relatively typical home sale and listing activity in November.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,36 ...
Housing Forecast Points to Market Stability in 2012
BCREA 2011 Fourth Quarter Housing Forecast
Vancouver, BC – November 8, 2011.The British Columbia Real Estate Association (BCREA) released its 2011 Fourth Quarter Housing Forecast today.
BC Multiple Listing Service® (MLS®) residential sales are forecast to rise 3.2 per cent from 74,640 units in 2010 to 77,000 units this year, increasing a fur ...