December 4, 2017
Christmas 2017 !
Merry Christmas Everyone!
This is our favorite time of year. The holidays we use as an excuse to share our Thornton treasures with people that are important to us, people we like to remember..... people we like to THANK for their support.
A few weeks ago Colin had stopped by one of his client’s place just to touch base and say hello. It had been about 3 years since he had sold them the house and they had some reno’s and were anxious to show him what they had done. He’d been at the house for about 30 minutes before he noticed the standing by the fridge with one of the kids. He laughed as he noticed the 3 year old was pointing to the Thornton fridge magnet & looking at Colin. It appears this little one had somehow...
December 3, 2017
7 Things to Look for in a New Neighbourhood
Whether seeking solace, activity, schools, churches, or green space, every homebuyer looks for a different combination of attributes in a new community. Choosing a neighbourhood that suits your needs and wants is one of the most important decisions you’ll make in the home-buying process; your choice of environment will affect the way you experience your new home. This is a very personal decision, influenced by countless unique factors colouring your own lives, but you should always keep the following in mind:
- If you’re considering buying a home in a community that is unfamiliar to you, get to know its lay-out, offerings, and ambiance. Take some time to walk or drive through the neighbourhood, both during the...
December 3, 2017
Metro Vancouver continues to experience above-average demand and below-average supply
Metro Vancouver* saw modest home listing changes and steady demand in November.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 per cent increase from the 2,214 sales recorded in November 2016, and a 7.5 per cent decrease compared to October 2017 when 3,022 homes sold.
Last month’s sales were 17 per cent above the 10-year November sales average.
“We’re seeing steady demand in today’s market. Home buyer activity is operating above our long-term averages, particularly in our townhome and condominium markets,” Jill Oudil, REBGV president said.
There were 4,109 detached,...
December 3, 2017
Checklist for WOW-ing a Buyer during a Viewing
Imagine you were selling your car, and a prospective buyer was on the way over to see it. What would you do? You would probably make your vehicle look as clean and shiny as possible, inside and out.
The same holds true if you’re selling your home and there’s a potential buyer on the way. You want the buyer to be wow’d by your property. Here’s a handy checklist to follow:
- · Clean every room. Make your entire house look as “guest ready” as possible.
- · As much as is feasible given the time, reduce clutter. Consider packing some items into boxes and storing them in the basement or garage....
December 3, 2017
Exiting through a Window in an Emergency
Hopefully, this will never happen to you. But, there are circumstances – a fire, for example – when you and your family would need to exit through a window.
It pays to be prepared for that eventuality.
Your first step is to determine which windows are safe to use as an exit. There should be at least one on each level.
The windows you select will need to provide enough space for a person to climb through (at least a 20 inch opening). Make sure everyone knows which windows are “safe exit” windows, and how to open them. Keep in mind that windows may have screens, so ensure everyone knows how to remove those as well.
For a second floor window, consider purchasing a portable escape ladder. These...
November 3, 2017
How to Set an Offer Price
There is no set equation to determine how you’ll reach an offer price. Rather, the process involves a range of research and comparison that will vary with each situation. You’ll need to look at sales of comparable properties, and factor in additional data such as the condition of the property, the current market, and seller circumstances. With this information in hand, you will be able to determine a fair price range and, from there, establish the price you’re willing to offer.
Concentrate on the following areas to help you determine an offer price:
- Compare prices of homes that are similar to the property you’re considering in the following areas: number of...
November 2, 2017
Do Open Houses Still Work?
Buyers are using the internet to search for properties more than ever before. In some cases, they can even go on a “virtual” tour of a home using their smartphone or desktop computer. So, you might be wondering if the old-fashioned Open House still works these days?
The answer is yes. Otherwise, you wouldn’t see them advertised. If Open Houses didn’t work, no one would be doing them!
No matter how good the internet gets, it can’t compete with a buyer being able to visit a property in person, walk through the rooms, stand in the backyard and imagine himself BBQ-ing with his family, stroll the area, and meet neighbours.
An Open House makes it easy for buyers to do just that.
November 1, 2017
October sales exceed historical average
Metro Vancouver* home sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,022 in October 2017, a 35.3 per cent increase from the 2,233 sales recorded in October 2016, and an increase of 7.1 per cent compared to September 2017 when 2,821 homes sold.
Last month’s sales were 15 per cent above the 10-year October sales average.
"Conditions continue to vary significantly based on property type. The detached home market is well supplied with homes for sale, which is relieving pressure on prices," Jill Oudil,...
November 1, 2017
Common Household Items that Can Cause a Fire
You never want to smell smoke in your home and realize there’s a fire. That’s why it is important to be diligent about fire safety. Experts recommend that homeowners be especially careful with the following common household items:
- · Portable heaters. Never leave one in a room unattended. Make sure paper and other combustible materials are well away from these units.
- · Electronics chargers. We all want our computers, tablets and smartphones to charge quickly. The price we pay for that convenience is chargers that pull in a lot of power, making them very hot. Keep them away from combustible material, as well as other wiring.
October 5, 2017
Just had some changes - here are the updated rates!
2.99% 1 yr closed fixed
2.94% 2 yr closed fixed
3.09% 3 yr closed fixed
3.19% 4 yr closed fixed
3.29% 5 yr closed fixed
3.2% = Prime Rate
2.6% 3 yr Variable Closed (Prime – 0.6%)
2.7% 5 yr Variable Closed (Prime- 0.5%)
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For most of us, borrowing is a fact of life. Whether it’s for a new home, a family vacation, or a renovation project, borrowing can help open...