778-991-0649
UBC offers a full range of housing options in five distinct neighbourhoods to provide a unique opportunity to live, work and learn in a truly integrated campus community.

 

2018 is the perfect time to sell your home.  The Vancouver real estate market continues to be the hottest in all of Canada and is most definitely a seller’s market.  As the premier real estate agent for UBC homes, I would like to offer you the following tips that will sell your home quickly and at a high price.

 

The Right Agent

 

When it comes to selling your home, the most important decision you will be faced with is finding the right real estate agent.  The right agent will dictate not only your final sale price, but also how long your home will be on the housing market.  Some of the qualities that you should look for in your real estate agent include:

  • Implementing all the best real estate marketing tools (internet, open houses, and private showings) to attract a large pool of potential buyers.
  • Hard working and honest.
  • Understands the local housing market and has intimate knowledge of the neighbourhood and community.
  • Is flexible and always has your best interest in mind.

Other qualities that your real estate agent should possess include an outgoing personality, a strong track record of selling homes and a marketing plan that will attract many interested parties.

 

Pick a Date

 

Once you have chosen the right real estate agent, it is time to look at a calendar and pick some important dates.  These dates include when you want to list your home, any open houses that you want to schedule and perhaps even a hopeful closing date.  You may want to include other dates in your calendar, especially if you are looking at buying a house during this time.

 

Here’s the Deal:

 

Using a calendar and highlighting dates is an important part of selling your home because it provides a visual of your overall marketing plan and breaks down the overall selling process into more manageable chunks.

 

Staging it Right

 

A properly staged home is a home that will sell at a high price.  When it comes to staging your home, less is more.  It is important that you remove all of your personal belongings from each room so that any potential buyer can envision their belongings in this space. Click here to view RE/MAX Are You Fit to Sell Videos.

 

Another key to a well-staged home is empty space.  You want the floor plan and space of each room to be the centerpiece, not your belongings or furniture.  This also applies to kitchen appliances, wall decorations and your home’s bathrooms.

 

If you would like more information or advice about how to properly stage your home, I would love to help. These few important tips will turn that for sale sign into a sold sign in 2018.  I would love to be a part of your real estate sales team.  I can get you top dollar for your UBC home.  Contact me today and see why I am the right real estate agent for you. 

Read full post

Vancouver Residential Average Sale Prices - January 1977 to December 2017

After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 35,993 on the Multiple Listing Service® (MLS®) in 2017, a 9.9 per cent decrease from the 39,943 sales recorded in 2016, and a 15 per cent decrease over the 42,326 residential sales in 2015.

 

Last year’s sales total was, however, 9.7 per cent above the 10-year sales average.

 

“It was a steady year for home sales across the region, led by condominium and townhome activity, and a quieter year for home listings,” Jill Oudil, REBGV president said. “Metro Vancouver home sales were the third highest we’ve seen in the past ten years while the home listings total was the second lowest on record for the same period.”

 

Home listings in Metro Vancouver reached 54,655 in 2017. This is a 5.1 per cent decrease compared to the 57,596 homes listed in 2016 and a 4.5 per cent decrease compared to the 57,249 homes listed in 2015.

 

Last year’s listings total was 4.4 per cent below the 10-year listings average.

 

Market activity differed considerably this year based on property type,” Oudil said. “Competition was intense in the condominium and townhome markets, with multiple offer situations becoming commonplace. The detached home market operated in a more balanced state, giving home buyers more selection to choose from and more time to make decisions.”

 

The MLS® HPI composite benchmark price for all residential properties in Metro Vancouver ends the year at $1,050,300. This is up 15.9 per cent compared to December 2016.

 

The benchmark price of condominiums increased 25.9 per cent in the region last year. Townhomes increased 18.5 per cent and detached homes increased 7.9 per cent.

 

“Strong economic growth, low interest rates, declining unemployment, increasing wages and a growing population all helped boost home buyer demand in our region last year,” Oudil said.

December summary

Sales of detached, attached, and apartment properties totalled 2,016 in the region in December 2017, a 17.6 per cent increase from the 1,714 sales recorded in December 2016 and a 27.9 per cent decrease compared to November 2017 when 2,795 homes sold.

 

Last month’s sales were 7.5 per cent above the 10-year sales average for the month.

 

“As we move into 2018, REALTORS® are working with their clients to help them understand how changing interest rates and the federal government’s new mortgage qualifications could affect their purchasing power,” Oudil said. “Only time will tell what impact these rules will have on the market.

 

“Home buyers today should get pre-approved before making an offer to ensure that your home buying goals align with your financial situation,” Oudil said.

 

There were 1,891 residential homes newly listed for sale in December 2017. This represents a 44.1 per cent increase compared to the 1,312 homes listed in December 2016 and a 54 per cent decrease compared to November 2017 when 4,109 properties were listed.

 

The total number of homes currently listed for sale on the MLS® in Metro Vancouver is 6,958, a 9.7 per cent increase compared to December 2016 (6,345) and a 20.5 per cent decrease compared to November 2017 (8,747).

The sales-to-active listings ratio for December 2017 is 29 per cent. By property type, the ratio is 14.4 per cent for detached homes, 38.8 per cent for townhomes, and 59.6 per cent for condominiums.

 

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

 

Sales of detached properties in December 2017 reached 617, a 14 per cent increase from the 541 detached sales recorded in December 2016. The benchmark price for a detached home in the region is $1,605,800. This represents a 7.9 per cent increase compared to December 2016.

 

Sales of apartment homes reached 1,028 in December 2017, a 12.3 per cent increase compared to the 915 sales in December 2016.The benchmark price of an apartment in the region is $655,400. This represents a 25.9 per cent increase compared to December 2016.

 

Attached (or townhome) property sales in December 2017 totalled 371, a 43.8 per cent increase compared to the 258 sales in December 2016. The benchmark price of an attached home in the region is $803,700. This represents an 18.5 per cent increase compared to December 2016.

Read full post
Categories:   Buying | Carpet | College | False Creek | Football | home selling tips | Marke | Market Stats | Mortgage | Moving | Quarterback | Real Estate | Real Estate Market Report | reb | REBGV Market Stats | Renovations | school catchment | sellers | Selling | selling your home, safety | Social Media | student housing, ubc, investment | Student Rentals | Summer | Summer Programs | Tips | Ubc | ubc realtor | ubc realtor, UBC homes, UBC real estate | UBC Apartment | UBC Average Sold Price | UBC Chancellor Place | ubc community | UBC Condo Strata | UBC Condos | UBC East Campus | ubc events | UBC Farm | UBC golf | UBC Hampton Place | UBC Hawthorn Place | UBC Homes | ubc homes, ubc real estate | ubc homes, ubc real estate, spring break, vancouver events 2014 | ubc hospital | ubc housing | UBC Programs | ubc real estate | UBC real estate mortgage | UBC real estate, UBC homes, Halloween in Point Grey | UBC real estate, UBC homes, UBC Realtor | UBC real estate, UBC homes, UBC Realtor, Moving to UBC | UBC real estate, UBC homes, UBC Realty, Toys stores, UBC, Point Grey | UBC real estate, UBC Realtor | UBC real estate, UBC Realtor, UBC attractions | UBC real estate, UBC realtor, UBC events | UBC real estate, UBC Realtor, UBC Food Truck | ubc real estate, ubc realtor, ubc realty | UBC Realtor | UBC Realtor, UBC Homes, UBC Real Estate, UBC Christmas Events | UBC realtor, UBC real estate, UBC events | UBC Realty | UBC schools | UBC Townhouses | ubc triathlon, ubc real estate, ubc homes | UBC Wesbrook Vilage | UBC Wesbrook Village | UBC Wesbrook Village, UBC, real estate, homes | Vancouver | Vancouver Home | Vancouver Real Estate | Vancouver Real Estate Market Stats