Summer is almost over and our Real Estate Market is still moving and is active despite it being a time when most people are on holidays ! I have analyzed all of the stats for July and here are some insights to our Fraser Valley Real Estate Market:

  • We are in a Seller's market for houses with 25.2% of the homes selling within a month and we are also in a Balanced Market for attached homes with 16.7% of the homes selling within a month.
  • Sales are up 10% from a year ago
  • Inventory is down -4.8% from a year ago.
  • The detached housing market has 4.3 months of inventory while our attached market has 5.6 months.
  • The average price of a house is $571,985
  • The average price of an attached home is $287,676.

If we compare from a year ago (July…

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Wow! Can you believe we are half way thru August! Our Real Estate Market is still moving and is active despite it being a time when most people are on holidays ! I have analyzed all of the stats for July and here are some insights to our Greater Vancouver real estate market:

  • We are in a Seller's market for houses with 38.1% of the homes selling within a month and we are also in a Seller's Market for attached homes with 22.1% of the homes selling within a month.
  • Sales are up 3% from a year ago
  • Inventory is down -11.3% from a year ago.
  • The detached housing market has 3.1 months of inventory while our attached market has 4.9 months.
  • The average price of a house is $702,214
  • The average price of an attached home is $330,042. 

If…

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Wow! Can you believe it's August! The weather has been fantastic and our Real Estate Market is still moving and is active despite it being a time when most people are on holidays ! I have analyzed all of the stats for July and here are some insights to our market right here in Metro Vancouver:

  • We are in a Seller's market for houses with 26.3% of the homes selling within a month and we have just entered a Seller's Market for attached homes with 20.3% of the homes selling within a month.
  • Sales are up 3.3% from a year ago
  • Inventory is down -3.6% from a year ago.
  • The detached housing market has 4.4 months of inventory while our attached market has 5.4 months.
  • The average price of a house is $1,197,496
  • The average price of an attached…

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It may be a co-worker who feels slighted because of something you said at a meeting, a driver you inadvertently cut off on the way to work or a neighbour who's upset because your tree has branched too far into his yard. 

It's almost impossible to go through life -- or even a week -- without someone becoming upset with you. It happens.

So how do you deal with it?

There's an easy technique recommended by de-escalation experts called the balloon technique. It works like this:

Imagine the other person's anger is like a balloon filled with air. If you get angry back, all you're doing is adding more air to the balloon.

Instead, simply let the person vent until he has communicated his frustration completely. (If he asks questions, say you prefer to…

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If you have pets, you probably adore them. They're part of the family! But when you're preparing your home for sale, you need to think about how you're going to deal with the "pet issue".

Some potential buyers who view your property may love pets as much as you do. However, others may be turned off by the tell-tale signs of pet ownership – such as kitty litter, dander, and smells.

So be sure to make a plan for how you’re going to deal with your pets.

It's a good idea to keep pets out of the house during viewings. Even if your dog or cat is friendly, some buyers will be uncomfortable around them. So, you'll need to decide where your pets will go when buyers view your property. Consider a local kennel or "pet day camp".

"Can't I just take my dog…

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It's Summer and the 2nd quarter of the year is done.  The weather is hot just like our Real Estate Market!

I have analyzed all of the stats for June as well as the 2nd Quarter and here are some insights to our market right here in the Fraser Valley:

  • We have entered a Seller's market for houses with 27% of the homes selling within a month and we are in a Balanced Market for attached homes with 17% of the homes selling within a month.
  • Sales are up 18.2% from a year ago
  • Inventory is down -1.7% from a year ago.
  • The detached housing market has 4.0 months of inventory while our attached market has 6.4 months.
  • The average price of a house is $568,77.
  • The average price of an attached home is $300,100.

If we compare from the start…

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it's Summer and the 2nd quarter of the year is done.  The sun is shinning and the blue skies are clear!  Both the weather and the Vancouver real estate market are phenomenal this time of the year!

I have analyzed all of the 2nd Quarter stats and calculated the June numbers.  Here are my insights:


  • We have entered a Seller's market for houses with 35% of the homes selling within a month and for attached homes with 25% of the homes selling within a month.
  • Sales for houses are up 37% and for attached homes they are up 26%.
  • Inventory is down -17% for houses and down -10% for attached homes.
  • The detached housing market has 3.2 months of inventory while our attached market has 4.2 months.
  • The average price of a house is $703,521.
  • The…

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it's Summer and the 2nd quarter of the year is done.  The sun is shinning and the blue skies are clear!  Both the weather and the Vancouver real estate market are phenomenal this time of the year!

I have analyzed the 2nd Quarter stats and here are my insights:

  • We have entered a Seller's market for houses with 28.5% homes selling within a month.  The attached market is at the tail end of a balanced market with 19.9% of the homes selling within the 1st month.
  • Sales for houses are up 27% and for attached homes they are up 23%.
  • Inventory is down -13% for houses and up 4% for attached homes.
  • The detached housing market has 3.8 months of inventory while our attached market has 5.5 months.
  • The average price of a house is $1,264,000.
  • The…

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Does your spouse like to practice the drums in the evening? Does your teenager like to play video games, with the volume turned up high? Are there other sources of noise you'd like to minimize?

There are many ways to soundproof areas of your home to reduce noise. Here are some ideas:

  • Furniture placement. Surprisingly, where you place furniture can dramatically reduce incoming noise. For example, a bookshelf covering a third of a wall can muffle sound from an adjoining room by 25%.
  • Noise harmonization techniques. Soft music, air fans, and other sources of rhythmic noises can actually reduce the unpleasantness of incoming sounds.
  • Area rugs. Adding an area rug, even on top of existing carpeting, can significantly reduce noise…

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