June 2018

Buying a home demands a lot of a person's attention and care, and may take several weeks or many months. Buying real estate is often the most significant way a majority of people define their personal wealth. With these basics, home buyers can prepare for all the steps they need to complete.

Inspect Finances and Research Mortgages

For many people, getting a mortgage is one of the biggest loans they will ever have. This often means that those who want to buy a home need to have their finances in top condition. Months before they plan to buy a home, people should take a thorough and honest look at their credit, income, and debts. They can start thinking about the kinds of mortgages available, and which loans would be most appropriate for their

A fixer-upper can be a perfect home for some people because it gives homeowners a fresh canvas on which they can build the home they’ve always dreamed of. However, finding the right fixer-upper home isn’t just as easy as buying the first one available and expecting it to be completely fixable and changeable. Here are five things all homeowners interested in a fixer-upper home should be on the lookout for before putting in an offer.

1. Is the Location Right?

This is one of the few things that can’t be changed in a fixer-upper home. If the buyers don’t like where it’s located, then it isn’t worth all the time, effort, and money spent to make the home perfect for them. When seeing homes for sale, buyers should be sure to ask their real estate

Everyone wants a home that looks welcoming, especially when they’re trying to sell that home. A welcoming home draws buyers in and makes them want to spend time there, which can result in offers and even a sale. The best way to make a home appealing is to focus on its cub appeal, as the home’s exterior will be the first thing buyers see of it. There are many ways to boost curb appeal, and here are six of them.

1. Keep the Gardens Tidy

Gardens are highly visible and naturally draw the buyer’s eye, so it’s important for any gardens to look their best with the best possible landscaping. This includes removing weeds and dead plants, putting down fresh mulch, clipping overgrown bushes, and so on. Planting bushes and flowers can also be a good way

The imbalance of supply and demand has shifted some in favour of buyers, but continues to be undersupplied in lower priced housing. The result being that more affordable housing is continuing to experience rising prices.

There were 755 properties sold on Victoria Real Estate Board this May, down 25% from the 1,006 sold in May last year and also 2.5% fewer than April 2018. Of those sold 237 were condos and 406 were single family homes.

At the same time, the number of listings has increased substantially to 2,394 at the end of May 2018, up 19.6% from 2,002 the previous month and up 26.3% from 1,896 last year at this time.

The shift in the balance of supply vs demand we’re seeing is not surprising given the many impactful changes including to