It's that time again: Property Assessments are in your mailbox!
The calls have started to come in: People have received their annual property assessments. Every year people ask what their property assessments mean. The key thing to note: Assessed values are not a reflection of market value. Market value is what a buyer will pay; assessed value determines your taxes. Assessed vs. Market ...
Well 2020 is over and I have to say I am not sure why people are so excited. We still have Covid; numbers are still not good; sadly people are still dying.... so 2021 has hope but so far it doesn't seem a lot better than 2020!
On the real estate front, there have been a lot of predictions about what 2021 will hold for the market. Most of the "reputable" sources seem to think that we could see ...
Lately we have been receiving multiple offers on a number of properties in all price points. This happens when there are more buyers for a property than there are comparable properties to buy. The best thing about multiple offers is that they pretty much guarantee that sellers receive MORE than what the market value of their home should be AND fewer subjects: The Lottery Win.
In multi ...
Over the past 2 weeks I have had 2 people ask me whether we should be posting videos for our properties now that Covid-19 is restricting showings to a certain extent. This is a great question and I assume if 2 people are asking it, 200 are likely wondering! So here is the answer.
I used to do videos for all of my listings...for years.....That was until I attended a course at the annual USA ...
Hi,
I would like to respond to some very valid questions I have received in response to my article earlier regarding how we will handle our business during the Covid-19 crisis.
I personally believe that we would be well served to not only do physical distancing (and quarantine for some of us!) but to have a complete lock down of our country right now (other than essential serv ...
I thought I would provide some information about how Covid-19 is being addressed in our real estate business.
I have just returned from repatriating my children from Nicaragua to Canada and am now in self isolation for 2 weeks. Obviously, concern over the spread of the Covid-19 AND it's impact on absolutely everything is very real and cannot be ignored. While we hope the world continues on ...
Assessed Value vs. Market Value: Don’t Panic-they are NOT the same!
Every year around this time, I receive calls from people asking what their property assessments mean. This year, because most assessments have decreased A LOT, I am receiving even more calls than usual. I am more than happy to discuss particular circumstances (read: talk people off the ledge!) however for the benefit of tho ...
North Vancouver Market Update
The market in North Vancouver has really picked up recently with Deep Cove (areas east of the bridge) being one of the BEST AREAS FOR SELLERS in North Vancouver.
In North Vancouver, everything under $1.25 has been selling right away and 60% of homes from $1.25 to $1.5 have also been selling quickly. We have also seen 44% of homes from $1.5 to $1.75 selli ...