purchase power

(April 30, 2015, posted in North Vancouver Homes)

MLS® market information shows competition amongst North Vancouver detached homes buyers in March.

Up to 57% of  the home buyers settled at buying a home at the full MLS®  list price or more and often found themselves in multiple offer scenarios.

A real close look at March's 193 home sales show 
  • about 7% of the buyers paid the full MLS® list price.  And then, 
  • almost 50% of March buyers paid MORE than the M... read more.

summer on my mind

(April 23, 2015, posted in Community misc)

It is that time of year again.....

.....where we start to look towards long lazy weekends full of sun and fun. No matter what your kind of adventure is, you are sure to find it here in the lower mainland and surrounding areas. The beauty of this province still takes my breath away and I continue to find hidden gems and hideaways worth seeing or discovering again like it was my first time. Many memo... read more.

unfazed by sky-rocket prices

(April 18, 2015, posted in West Vancouver Homes)

Just how lofty were West Vancouver home sale prices the first three months of 2015?  

  • 66% fetched $2 million plus as high as just over $9 million,
  • 32% in the $1 million range and
  • 2% with a 'five digit dollar' sale price.
Reports from the Real Estate Board of Greater Vancouver show detached home sales in West Vancouver for March lessened about -14% from the month before but was strong for March's 10 Year... read more.

rundown on bidding wars

(April 14, 2015, posted in West Vancouver Homes)

West Vancouver's sky-high priced detached house market is seeing strong competition among homebuyers in certain neighborhoods the first three months of 2015.

21.5% of West Vancouver homes sold received full MLS® list price or more implying multiple offer situations.  

Records from the Real Estate Board of Greater Vancouver show 279 West Vancouver homes sold between January to March this year of which... read more.

Multiple offer scenarios

(April 07, 2015, posted in North Vancouver Homes)

If you are up to buying a North Vancouver home be prepared to have all your 'ducks in order'.

Demand is high for North Vancouver detached homes.  They are selling like 'hot cakes'!

In the past three months approximately 50% of North Vancouver home sales sold for full list price or more ~ likely in multiple offer scenarios.

The Real Estate Board of Greater Vancouver shows 380 North Vancouver home sales... read more.

another busy month

(April 05, 2015, posted in North Vancouver Homes)

Normally strong monthly home sale numbers trend mid year but not this March in North Vancouver.  It was busy!  Spring is usually a good season for the real estate market and this March has been phenomenal.

Detached home sales skyrocketed to 189 in March from 124 in February.  March 2015 tops the list for the highest number of monthly home sales in the past ten years, followed next by:

Demand continues to rise

(April 03, 2015)

The March Housing Market Update issued for Metro Vancouver reports "Demand continues to rise across Metro Vancouver's housing market

There were 4,060 sales in March.  This is up 53% compared to last year and nearly 27%  above the 10-year March average.

On the supply side there were 5,968 listed for sale last month.  That is up 13% from last year and about 5% higher than the 10 year March average.

The to... read more.