I have added my real estate newsletter below. The links are not live, so if you want access to this and future email newsletters (weekly) to stay up to date on the local market and all hot real estate topics let me know. You can text or call me at 604.307.9448 or email info@upperlonsdale.ca.
Winning in real estate in Vancouver (region) has been a no brainer for most home owners. Buy and hold has helped build a fortune for almost everyone who has bought a home over the past ten years.
That makes me feel incredible that I have had a positive impact for so many people since my career.
Selling real estate since 1989, where average prices were around $225,000 and now seeing those same property values in the $2.5m to $3.0m range has been a game changer for so many.
That is all amazing for those that did buy, and to ensure YOU get to keep those value gains I have written a new book that shares how Squeeze Top Dollar out of your home when you decide to sell.
I have written a few other books and now I have just revamped, improved and updated my Home Seller Book titled to bring it up to what is happening now, in our current market to ensure you get the results you deserve. The new book is titled, Maximize Your Home Sale: The Ultimate Guide To Getting Top Results.
To get your copy, simply text or call me at 604.307.9448 or reply to this email and enter Seller Book in the body or subject line.
Real Estate Q & A
Below are answers to some of the most popular questions people ask.
1. What is the market doing?
It seems most people that ask this really just want a snap shot overview of the market. At this time, it seems most Vancouver (and area) market are down in sales compared to our last 10 year average; prices over the past ten years have essentially doubled.
Below I have shared some data that helps you get a better understanding on supply and demand factors along with what prices have done over the past 10 years in all different areas.
2. Where is the market going?
Everyone wishes they had a crystal ball to see into the future. Forecasting values in Vancouver has been a pretty easy call over the past ten years, Even though there have been some ups and downs in that period, the general trend is up.
But with interest rate increases, and a high number of mortgage renewals coming up, there is speculation, that pricing may continue to stall or decline; especially considering the increased level of inventory that has entered the market. If people can not afford to renew their mortgages, we could see a lot more properties entering the market.
The mortgage rates are now on the decline, but I fear the damage is done and unless the rates drop aggressively, I would expect a continued soft seller market.
3. If I have been thinking about moving, should I wait or do it now?
The answer to this depends on your own personal circumstances. For example, if you have owned your home for a long time and just feel it is time to downsize. I would say that the market conditions really are not that important. And even though it is more about your personal needs, the market indicates it would be more valuable for you to move now, in case prices go down. This would likely give you more cash in your pocket after your purchase if you are downsizing.
-------------------------------------------------------------------------------------------------More Real Estate News
North Vancouver Open Houses (Detached)
North Vancouver Open House s (Condos)
West Vancouver Open Houses (ALL)
Vancouver Open Houses (Detached)
Vancouver Open Houses (Condos)
Burnaby Open Houses (Detached)
Burnaby Open Houses (Condos)
Tri Cities Open Houses (Detached)
Tri Cities Open Houses (Condos)
North Vancouver Homes For Sale
Lonsdale Condos - One Bedrooms Under $550,000 (12)
Lonsdale Condos - Two Bedrooms Under $850,000 (24)
North Van Condos - One Bedrooms Under $500,000 (12)
North Van Condos - Two Bedrooms Under $750,000 (39)
North Van Townhouses - Under $1,100,000 (14)
Lonsdale Detached Houses with Suites - Under $2,000,000 (12)
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Vancouver Homes For Sale
Downtown - Yaletown Condos Under $550,000
East Vancouver Two Bedroom Condos Under $650,000
Kitsilano Two Bedroom Condos Under $900,000
Westside Houses Under $2,500,000
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Burnaby Homes For Sale
One Bedroom Condos Under $500,000
Two Bedroom Condos Under $650,000
Burnaby Houses Under $1,800,000
**************************************************
Please reach out to say hi anytime. I would love to grab a coffee and catch up.
And of course if you have any current real estate questions or needs, please call my direct line at 604.307.9448
Winning in real estate in Vancouver (region) has been a no brainer for most home owners. Buy and hold has helped build a fortune for almost everyone who has bought a home over the past ten years.
That makes me feel incredible that I have had a positive impact for so many people since my career.
Selling real estate since 1989, where average prices were around $225,000 and now seeing those same property values in the $2.5m to $3.0m range has been a game changer for so many.
That is all amazing for those that did buy, and to ensure YOU get to keep those value gains I have written a new book that shares how Squeeze Top Dollar out of your home when you decide to sell.
I have written a few other books and now I have just revamped, improved and updated my Home Seller Book titled to bring it up to what is happening now, in our current market to ensure you get the results you deserve. The new book is titled, Maximize Your Home Sale: The Ultimate Guide To Getting Top Results.
To get your copy, simply text or call me at 604.307.9448 or reply to this email and enter Seller Book in the body or subject line.
Real Estate Q & A
Below are answers to some of the most popular questions people ask.
1. What is the market doing?
It seems most people that ask this really just want a snap shot overview of the market. At this time, it seems most Vancouver (and area) market are down in sales compared to our last 10 year average; prices over the past ten years have essentially doubled.
Below I have shared some data that helps you get a better understanding on supply and demand factors along with what prices have done over the past 10 years in all different areas.
2. Where is the market going?
Everyone wishes they had a crystal ball to see into the future. Forecasting values in Vancouver has been a pretty easy call over the past ten years, Even though there have been some ups and downs in that period, the general trend is up.
But with interest rate increases, and a high number of mortgage renewals coming up, there is speculation, that pricing may continue to stall or decline; especially considering the increased level of inventory that has entered the market. If people can not afford to renew their mortgages, we could see a lot more properties entering the market.
The mortgage rates are now on the decline, but I fear the damage is done and unless the rates drop aggressively, I would expect a continued soft seller market.
3. If I have been thinking about moving, should I wait or do it now?
The answer to this depends on your own personal circumstances. For example, if you have owned your home for a long time and just feel it is time to downsize. I would say that the market conditions really are not that important. And even though it is more about your personal needs, the market indicates it would be more valuable for you to move now, in case prices go down. This would likely give you more cash in your pocket after your purchase if you are downsizing.
-------------------------------------------------------------------------------------------------More Real Estate News
13 Things You Should Know About Strata BEFORE Buying a Condo
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Real Estate by Area Search Made Easy
Here are the most affordable homes throughout the Lower Mainland by area. The number of homes in each section available are listed after the price in brackets.
__________________________________________________________
Real Estate by Area Search Made Easy
Here are the most affordable homes throughout the Lower Mainland by area. The number of homes in each section available are listed after the price in brackets.
OPEN HOUSE SEARCH
North Vancouver Open Houses (Detached)
North Vancouver Open House s (Condos)
West Vancouver Open Houses (ALL)
Vancouver Open Houses (Detached)
Vancouver Open Houses (Condos)
Burnaby Open Houses (Detached)
Burnaby Open Houses (Condos)
Tri Cities Open Houses (Detached)
Tri Cities Open Houses (Condos)
North Vancouver Homes For Sale
Lonsdale Condos - One Bedrooms Under $550,000 (12)
Lonsdale Condos - Two Bedrooms Under $850,000 (24)
North Van Condos - One Bedrooms Under $500,000 (12)
North Van Condos - Two Bedrooms Under $750,000 (39)
North Van Townhouses - Under $1,100,000 (14)
Lonsdale Detached Houses with Suites - Under $2,000,000 (12)
**************************************************
Vancouver Homes For Sale
Downtown - Yaletown Condos Under $550,000
East Vancouver Two Bedroom Condos Under $650,000
Kitsilano Two Bedroom Condos Under $900,000
Westside Houses Under $2,500,000
**************************************************
Burnaby Homes For Sale
One Bedroom Condos Under $500,000
Two Bedroom Condos Under $650,000
Burnaby Houses Under $1,800,000
**************************************************
Please reach out to say hi anytime. I would love to grab a coffee and catch up.
And of course if you have any current real estate questions or needs, please call my direct line at 604.307.9448