An asking price that is beyond market range can adversely affect the marketing of a property. Here are the 8 dangers of overpricing your home.
Buyers and REALTORS® search within a price range when looking for a home using the Multiple Listing Service (MLS). If your price is above market value, your home will not come up in their search and you lose showings from buyers who can afford your home.
It finally happened, mortgage rates went up. We have seen years of exceptionally low mortgage rates aimed at keeping consumer demand for housing strong as our market moved up and down like a proverbial roller coaster. Finally, for the first time in a long time, the banks have raised their rates.
Why you ask?
Bond yields which control longer term fixed rates are up 0.40% since May. Many things affect mortgage rates but the single biggest item...
Have you ever watched those TV shows where some lucky homeowner gets a room redecorated by a professional? To have something similar done in your own home you would have to make a serious investment, or become a TV show guest!
However, there are ways to re-decorate a room and make it look great – even spectacular – on a budget.
Say, for example, you want a living room makeover. If your sofa is worn you can buy a fitted sofa cover that will make...
If you're planning on finding your next dream home, then you're probably going to view several homes on the market that meet your criteria.
You will want to make the right purchasing decision for you and your family. So, it's wise to be savvy when viewing properties for sale. Here are some ideas on how to do that.
Bring a notepad. Take notes, not only of the home's characteristics, but also of how you feel. For example, can you imagine yourself happily cooking up a storm...
The stakes are high when selling your house. I use a proven strategy that gives you the upper hand, every time.
Macdonald Realty LTD
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.