The NOW tREnd            Real Estate blog

Adjusting for Bottom Feeder

(January 23, 2017)

Some detached houses are raising their prices by $50,000 or so to compensate for low ball offers.
So a house that was previously priced at $1.250M might re-price at $1.30M.

Bottom feeder buyers are looking for a “discount”. They will only buy if the price is below list. It doesn’t matter what list price is, the bottom feeder will not pay list price.

Are deals out there?
Yes there are currently a few... read more.

Metro Vancouver Market Update Video - December 2016

(January 10, 2017)

Metro Vancouver Market Speedo Infographic - December 2016

(January 10, 2017)

the NOW tREnd - 2017 Tax Assessments

(January 08, 2017)

2017 Tax Assessments - North Vancouver

I’ve received a lot of questions regarding the latest 2017 BC Assessments.

I decided to take a few samples (including my own personal residence) and see how things are really measuring up.

The following is for North Vancouver, BC:
Detached single family:
    •    Property + 26%
    •    Improvement (actual dwelling)  + 16%
    •    TOTAL + 26%

It’s uncommon for the “improvement” portion t... read more.