The Nexus Blogs

Looks like a townhome, acts like a townhome…

Posted on Mar 25, 2021

You may call them townhomes, townhouses, condos or — as in news releases from the Real Estate Board of Greater Vancouver — attached properties. What you really need to know about all of them is that there are two kinds.
Freehold and strata.
That’s what separates the type of “attached” housing you may be looking for, or trying to sell.
If it’s a “freeh...

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Staging when emerging from COVID-19 times

Posted on Mar 23, 2021 in Selling tips

Home owners who have been holding off listing their property because they just weren’t comfortable going through the process during the pandemic may now be thinking — with the ramping up of vaccinations — that the right time is getting closer.
In preparing a home for being listed, there’s a number of staging tips (besides calling Jennifer our Dale f...

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Vancouver price increases behind Canada, U.S. overall

Posted on Mar 17, 2021 in Real estate market

According to a UBC associate professor and economics analyst, the housing market in Vancouver is growing more slowly than markets in most of Canada and the U.S.
In an interview with Business In Vancouver, Tom Davidoff says housing prices in the Lower Mainland are increasing because of “enhanced affordability” whereas that driver in the past was fore...

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Interesting results from home renovations survey

Posted on Mar 14, 2021 in Home improvements

Here are some facts about home renovations, based on a survey conducted earlier this year by BC Hydro:
• Over half (53 per cent) of the 800 homeowners surveyed have completed a home reno project since COVID-19 arrived
• Improving aesthetics was their principal motivation, and “comfort” was second
• About 20 per cent regret at least some aspect of thei...

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Interest rates expected to stay low until 2023

Posted on Mar 10, 2021 in Government and real estate

In case you missed it, the benchmark interest rate is probably going to stay at one-quarter of one per cent (0.25%) until sometime in 2023.
That extends the record-low interest rate for another two years and that’s good news for — among other industries — real estate. In theory, that figures to ease the financial burden for people who want to find h...

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Market speculation rampant among experts

Posted on Mar 07, 2021 in Real estate market

Speculating what's going to happen with the real estate market is going to continue until...the end of time!
The latest collection of what some financial experts think  was published in The Financial Post, and it prevews the possibilities as the market heads into spring, which is habitually a strong time of year for real-estate transactions.
Sometime...

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