What's being said about the real estate market
Posted on Jun 23, 2020 in Real estate market
Here’s a look at some of what’s being said about the housing market during these pandemic times…
The average house price in Vancouver has risen 2.92 per cent over a year ago.
Source: cbc.ca
May’s increase could mean a structural change to the market.
Source: financial post.com
Banks warn historic price declines coming.
Source: mortgagebrokernews.ca
As Nex...
Current Blog — Things to watch for…
Posted on May 18, 2020 in News
In the days and weeks ahead, there’s a couple of things Nexus Realty clients and visitors can watch for:
• A new listing, perhaps by the end of this week, that’s a rare opportunity for buyers who are interested in (a) North Vancouver (b) a home with a mortgage helper or in-law suite (c) the privacy that comes with an area close to Cates Park, which...
Questions & Answers in 'new normal'
Posted on Apr 29, 2020 in News
Do you have a question because of the new normal in real estate?
Contact Jennifer (604-726-8768) or Dale (604-922-3353) and we’ll share your question and their answer with all visitors to nexusrealtycorp.com.
Here is a collection of questions and answers that were posted on the home page...
Question:
Is the process of making an offer and having it ac...
More indications that ‘business is happening’
Posted on Apr 07, 2020 in Real estate market
As you will see in News From Nexus our April newsletter — business is still happening in real estate…even though it’s not “business as usual.” And if you haven’t seen the newsletter, you can sign up to receive it every month by entering your email address here.
The March statistics from the Real Estate Board of Greater Vancouver showed that business...
Interest rate change by Bank of Canada — again
Posted on Mar 30, 2020 in Interest rates
There have been three headlines this month that looked the same:
Bank of Canada lowers interest rate
That’s right, three times in ONE month. To be even more specific, three times in 23 days!
The first two rate changes were both 50 basis points, or half a per cent. So was the most recent one, on Friday, dropping the Bank of Canada’s overnight rate to 0...
A message for Baby Boomers above the second floor
Posted on Mar 26, 2020 in Apartment improvements
Let’s say you’re a Baby Boomer, that you’re contemplating leaving a house that’s too big and that you’re thinking a high-rise condo might be a nice alternative.
You’ll do all the obvious plusses and minuses, of course.
Here’s one you might not be considering.
A defibrillator.
Seriously?
Nobody wants to “need” a defibrillator, but in case you do, you mig...