Blog by Patricia Houlihan - Personal Real Estate Corporation
October was a great month (relatively speaking) for real estate. After months of sales below the 10 year average, the last few months have been gradually improving and in October the sales for the region were finally above the 10 year October average. When compared to last October, sales were up over 45% and sales were up 9.8% over the 10 year average. That is a significant improvement.
Sales are up...prices are not...
Over the last few months, we have seen a dramatic improvement in the market. Homes that had been sitting for quite some time suddenly sold; new listings were selling quickly; AND we had 3 homes sell after the first weekend-2 at OVER ASKING and one at FULL PRICE. None of these homes were priced low and all sold at much higher prices than expected. The numbe ...
Market Update: September 2019
The last couple of years have not been great for sellers of real estate....nor for anyone who works in and around real estate! Government interventions have had a significant impact. In Vancouver we have seen all levels of government take action to slow the market; in the rest of the Province interventions have come from the federal and provincial governme ...
Renting your home? We do Property Management!
- In your neighbourhood: visit our offices in Deep Cove or Downtown Vancouver
- We know the market, know the community and know how to protect your valuable asset
- Meticulous tenant screening and monitoring
- Licensed Property Manager, Realtor and Lawyer (helpful if tenant issues arise)
- Long Term or Short Term, leave the headaches to us.
To (just) LIST or to SELL...that is the question!
The market has slowed substantially over the past several months. Homes are being listed but many are not selling. Those that are still selling need to be priced right to get attention from buyers. If a home is attractively priced, and marketed well, there are still buyers out there willing to buy. We are still getting a lot of activity on ou ...
What's the deal with the School Tax?
A lot of people are asking me about the school tax-particularly as it applies to luxury homes...I won't get into the issue of whether we can really call a $3 million-dollar home in Vancouver "luxury" but here is the information from the Province's website. If you would like me to explain any issues or answer questions about it, please let me know.