Misleading Statistics?

November 9th, 2017
Perception vs. Reality! Recently it has been reported that we had a reasonably healthy October Real Estate market in West Vancouver. Sales were up over last year, and prices were stable. If you look a little closer however, you may see a different picture.

It is true that we had 29 sales, up from 22 last year, but did you know that the average Oct sales total for the last 30 years is 62? Furt ...

Real Estate Halloween

October 26th, 2017
Trick or Treat! Recently the Federal government may have played a trick on Canadians and announced a new mortgage qualification standard to be implemented on Jan 1, 2018. Earlier this year, rules were changed which impacted those Buyers who had less than 20% down payment. Now, even tougher standards will be imposed on consumers with more than 20% down. These further new rules will create a Bu ...

Changing Times!

October 16th, 2017

North & West Vancouver Real Estate has entered the "stagnant" portion of the historical sales cyle. This generally means there is very little motivation from either the Buyers or Sellers. During this time, prices can remain relatively stable even though there may be high levels of inventory and low levels of sales. The last time we had a "Detached Home" market that was stagnant, was the time ...

Do You Really Know Your Real Estate Market?

October 23rd, 2015
Real Estate is all timing! To be successful, you must have the facts. Accurate present and historical statistical information can often prove invaluable to your decisions. Real Estate moves in cycles. Sometimes it is a 'sellers" market, sometimes a "buyers" market, and much of the time in between. If you get caught at the wrong portion of the cycle trying to make a move that can't be supporte ...

How to succeed in Multiple Offers.

October 20th, 2015
Multiple offers are frequent today. As a Buyer, how do you give yourself the best chance at success? First, choose an experienced Realtor who has as their greatest asset, their ability to negotiate contracts, especially a Realtor like myself who lives and sells Real Estate in North & West Vancouver.

Before you present an offer, it is critical to establish what you think is fair market value f ...