There are many considerations to make prior to making an offer. It is imperative to do your due diligence before you write and present your offer. We are here to help you get the information you need to make an informed decision. Here is a great article from BCFSA on doing your due diligence before you present your offer. Call us with any questions. We are available and happy to help! Read on to find out more... [read more]
We are seeing many competitive offers in this highly competitive market. We have strategies in place to help you win and do your due diligence in advance. The BCFSA has written a great article on whether or not you should make a subject free offer and what the risks entail. Read on to find out more... [read more]
One of the major qualifiers lenders look at when considering your application for mortgage financing is your debt service ratios. Now, before we get started, if you prefer to have … [read more]
2020 was unique for the Canadian real estate market. The pandemic slowed the market for a brief period at the start of the spring market and then things really picked up. We continue to see rising prices and a brisk market. Can we expect to see this continue going forward? [read more]
“With home sale activity well above our January average, the supply of homes for sale isn’t able to keep pace,” Colette Gerber, REBGV Chair said. “This is causing increased competition amongst home buyers and upward pressure on prices.” [read more]
The Spring market is starting EARLY! With travel restrictions in place and people unable to go away for the holidays, we’re seeing a boom in the market. Pricing is back to 2016/2017 peaks, and home owners can now afford to get out from under heavy 5 year mortgages that are up for renewal! [read more]
Is there a correlation between these two? Not yet, according to Tony Spagnuolo, Spagnuolo Law. Tony speculates that the government will be looking for ways to cover the costs of COVID relief initiatives. [read more]
“Robust December sales outpaced long-term averages in what’s traditionally the quietest month
of the year in real estate. This was part of an unusual seasonal pattern the market followed last
year, which can be attributed in large part to the pandemic,” Gerber says. [read more]
“Home buyer demand has been at near record levels in our region since the summer,” Colette Gerber, REBGV Chair said. “This is putting upward pressure on home prices, particularly in our detached and townhome markets." [read more]
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