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Home listings increase while buyers remain in holding pattern

 
 
Residential property sales in Metro Vancouver
 

Home listings continue to increase across all housing categories in the Metro Vancouver* housing market while home buyer activity remains below historical averages.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales...

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Lobby of Dutch19

You barely register it's there when you walk in. Yet it is part of the reason you end up making an offer on a luxury condo. It's part of the reason you relax when you cross the threshold to your building. It's the lure, it's the appeal—and it's the subliminal effect—of luxury art. 


"When I first started staging, nobody in the high end was staging at all for...

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Do you wish you could breathe some fresh life into your home for 2019? Then you may want to add some elements to your home featuring current design trends. But you might look at some of the trendiest contemporary spaces and feel those are out of reach. After all, many spaces incorporate a contemporary aesthetic in the way they are designed on an architectural level, meaning you might need a complete...

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2018 Design Trend Recap: The Year’s Most Notable Home Design Trends

One word: Colour

Yes, neutrals are still king. But 2018 invited us to blow the lid off our preconceived notions about color theory and have some fun. Jewel tones started making their mark on the scene, inviting us to amp up the saturation and give our spaces a feel of richness. Previously off-limits colors were welcomed into our homes. Black even set itself apart as a decidedly...

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Valuable Lessons Millennials Can Teach Us about Real Estate



A lot of experienced professionals have their underrated thoughts about millennials. Though many of these millennials are tagged as lazy and tech-driven individuals, they have some great impacts on a certain area which in real estate. Some of these are the changes in office culture, increased listing automation and crowdfunding mortgages. They are in the largest percentage of the working force now and...

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5 Tips to Prevent Basement Flooding


Heavy rains could be a disaster to home owners as it's the leading cause of flooded basements. In the case that the water stays for 24 to 48 hours, you could face new problems such as mold, rust and dangerous situations such as live power lines, debris, etc.


1) Watch the exterior
Start from the outside of your house by fixing roof leaks, clearing rain gains, and trimming tree branches that might fall...
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How to Finance an Investment Property

There are a lot of benefits related to investment property ownership and real estate can be a hedge against the volatility as the stocks fall. In order to maintain a steady income, one could be landlord but it would take a great amount to start with. Though, the easiest way is decide to take a loan. There are several forms in financing your investment property and choosing the right choice could determine...

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Way to Attract Millennial Buyers

Some clients are after a renovation project. According to Consumer Reports these are the things young homebuyers look for the most.


Buyers from millennial generation are more likely to find a kind of home that can be ready for moving in and would enjoy and satisfies them right away. The millennial generation is feed with tremendous online information that reflects in the process on their home search....
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Choosing Between a Condo & Townhouse


There are a lot of housing choices particularly in urban areas that makes it hard for many first-time homebuyers to choose the type of residence to purchase. Any type of homes has their own advantages and disadvantages and buyers should think about their budget and lifestyle in deciding which home type suits for them.


What Is a Townhouse?


Basically, a townhouse is known as a narrow, multilevel residence...

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Devaluing Home Renovations To Should Avoid


Though upgrades can improve the home’s condition, not all increase the property's value. Here are four common renovations to avoid when adding value to your home. 


1. Plumbing and HVAC improvements


Though potential buyers expect functional plumbing and HVAC systems in your home, you don't have to dish out a ton of money to upgrade all of the components. You should focus on smaller, less expensive...

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Quick Ways to Give Your Bathroom a New Look

You don't have to do a total renovation to make your bathroom new again, A massive change of amenities in your bathroom would cost you a lot of time and money. Making some smart updates can compensate your comfort and personal style along with lasting materials and amenities. Let’s focus on the following areas.


1. Replace your Showerhead
One of the easiest ways to refresh the bathroom is to buy...
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5 Important Considerations to Financing Your Home

1) Financing Factors

Knowing the amount you can spend on your new home is the first thing to do. The four main factors that would affect the amount that you can borrow are the size of your down payment, credit score, debt-to-income ratio (DTI) and monthly maintenance expenses.
Down Payment.

The down payment which is usually 5% to 20% of the home’s purchase price is the amount of saved money that...
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Costs to Consider When Building a Home
Just like buying a new home, building your own home is not easy. Building can even be more costly and time-consuming as well. People who are starting to build a house with all additional features, plus buying the land, and covering all the costs in building permits and plans. Learn the following factors that contribute to high expenses in building a home.

 
 
Land Shortages
Unlike purchasing...
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Must-Disclose Information when Flipping a Property

Investors who flip homes take neglected, rundown and damaged properties and turn it into good conditions. In selling property you are obliged to tell all the information on the property’s condition and sometimes it would negatively affect the property value and concealing these of pieces information would get you sued or convicted of fraud.



Any home sellers are affected by these rules but flippers...

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Different Ways to Invest in Real Estate

Buying Real Estate is both a home and a common investment vehicle. If you are buying and owning real estate, you have to weigh out your risks and rewards. Here are different ways you can invest in Real Estate/


Basic Rental Properties
The concept of this investment is as old as land ownership where a person buy a property and let a tenant rent it out. The landlord who is the owner shall pay the mortgage,...
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You need to take care of your home and all parts of it, just like the window. Perhaps, you might not notice but your windows have something to say. Consider some indications that your window should be replaced. Remember nothing is forever so you have to look out when your windows are about to say goodbye.


1. They’re damaged, warped, or broken

A repair is possible if generally, your window’s...

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The resale values of some houses these days are high in some areas. If you are selling your property, remodeling it beforehand can have a good return on investment. Those little changes that might not seem so obvious can have big impacts when it comes to reselling your house.

 

In hotter markets, doing some updates in your house will give as much return as its cost. Not unless it is in a rapidly...

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When you are selling your home, its smell and odour also play an important in attracting buyers. Just like the look of your home, the fragrance factor should also be considered. Here are five smells that you should avoid as it could make your home into a stinker:

 

Stuffiness
A lot of homeowners caulked, blown insulation, weather-stripped and sealed their homes for greener utility bills. Sure, this...

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Home-buying is a challenging task. For you to be able to end up with your dream property and to avoid future issues, there are a number of factors that you have to take into account. Take note that when purchasing a real estate, it involves making a number of decisions which combine to address the essentials of a successful real estate ownership. For you to have a successful home-buying decision, here...

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If you are planning to sell your house, some renovations might be needed in order to attract buyers. To make a sound decision, it is important to know which items will bring in the best ROI or return of investment. This year, renovation trends are geared toward the exterior of the home. The logic here might be simple: if buyers did not like by what they see when they drive up, they might lose interest...

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Moe Pourtaghi


"Nothing brings me more joy than seeing my buyers & sellers have success in their Real Estate endeavours. I hope you find the articles on my blog inspiring and educating in your ventures." - Moe Pourtaghi

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.