Found 6 blog entries about Home Buying Info & Tips.
Home buyer demand stays below historical averages in August
The Metro Vancouver (1) housing market continues to experience reduced demand across all housing types.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,929 in August 2018, a 36.6 per cent decrease from the 3,043 sales recorded in August 2017, and a 6.8 per cent decline compared to July 2018 when 2,070 homes sold.
Last month’s sales were 25.2 per cent below the 10-year August sales average.
“Home buyers have been less active in recent months and we’re beginning to see prices edge down for all housing types as a result,” Phil Moore, REBGV president said. “Buyers today have more listings to choose from and face…
Scouting Your Next Home: Important Pre-Buying Steps to Take
Buying and selling property is a stressful experience. The LEADING EDGE Real Estate Team previously provided 7 tips to sell your home stress free. In this post we are offering 5 tips that as buyers you should consider when scouting for your next home.
1. The Budget
Having a clear idea of your budget is one of the first steps you must take into account when scouting for your new home. This includes how much you are willing to spend on your new home and how much you will spend to customize your home once purchased. Be aware that spending too much money on modifications could affect your chances of selling further down the road. For example, if the asking price is $500,000, but to create…
When you start the process of buying or selling a property, you come across a lot of acronyms – MLS® being one of them.
MLS® stands for Multiple Listing System. It’s a system established by Canadian real estate boards and associations to make the buying and selling process a little easier on everyone. This cooperative system provides a sort of one-stop-shop, where a multitude of property listings are located in one place.
Let’s look at an analogy involving buying a new car:
Let’s say you have a general idea of the size of vehicle you want, but you’re not sure which make or model is best for your needs. You’ll have to visit multiple dealerships in order to get an idea on pricing and other features for various types of cars. For instance, the…
Our American friends have for a long time had a love affair with Whistler. In recent years the favourable exchange rate has prompted increased numbers of Americans visiting and buying property in Whistler whether for investment, recreational use or both. Whistler Blackcomb being acquired by Vale Resorts will surely increase the demand of Whistler for US ski-bound travellers, and the 15 percent foreign buyer’s tax which effects Metro Vancouver will likely push buyers to surrounding areas such as Whistler. Many believe that the ‘Trump Effect’ could also increase the desirability of Canadian real estate to those looking for an exit strategy from the US. So just how significant is American investment in Whistler real estate, and is it expected to increase due