Latest housing market video update from REBGV signals balanced conditions continue now on a three month trend .
For the third straight month, home sales in the Fraser Valley surpassed 2018 levels bringing the market back in line with long-term averages.
Home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months.
The cumulative gain since the February trough is 16.6% and rising. This further tightened demand-supply conditions at the national level with the sales-to-new listings ratio (0.60 in September) at the threshold of a sellers’ market.
With the winter just around the corner, it’s time to get your house in shape for the cooler months ahead. Although autumn can be one of the busiest seasons for homeowners preparing for winter, it’s also the best time to take advantage of the moderate weather to repair any damages before the first frost sets in.
A 1.9% online rate will definitely attract attention! But the cheapest is not always best. Once the fine print is read, many will find they don't qualify, and often there are restrictions that could really cost homeowners in the long run.
When trying to decide whether to buy an older home or a newly constructed one, many questions come to mind. Start by educating yourself and knowing the pros and cons of each.
A good credit score is a key to buying a house, taking out a loan, applying for a credit card as well as many other important economic transactions. Banks use your credit score to determine your credit risk—the higher the score, the lower the risk and the more appealing you look on paper, which can give you better interest rates on loans.
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