Coronavirus And Real Estate

Posted on Mar 15, 2020 in Vancouver Real Estate News

Sorry to add to the conversation that everyone is talking about these days, but it is a hot topic and whether you like it or not, the Coronavirus is having a big effect on a variety of items these days, just ask anyone playing in the stock market!

But is it going to hit real estate, and if so, how?
Well that question is two...

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February 2020 Market Update!

Posted on Mar 06, 2020 in Vancouver Real Estate News

February 2020 Market Update!
Welcome back, welcome back! To the February 2020 Market Update. For those new viewers/readers/listeners out there, this is the monthly report on the previous months activity, aimed at keeping YOU, in the know of everything Vancouver Real Estate. We do this monthly update segment once a month, followed by a variety of sup...

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How To Compete In Multiple Offers?

Posted on Feb 28, 2020 in Buying Vancouver Real Estate

How To Compete In Multiple Offers?
As of writing this, I am fresh off the phone for a listing in which just sold towards Kitsilano. I’ve just been told they were on the market for a week and were accepting offers on the Monday at 6PM. That may not mean anything to SOME of you, unfortunately though, a lot of you will have seen this dreaded circumstan...

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Deal Or No Deal!?

Posted on Feb 16, 2020 in Buying Vancouver Real Estate

Deal Or No Deal?!
We are in a very interesting time in the market right now. More specifically we’re referring to the mindset of adjustment phase. This is the process of buyers and sellers adjusting their mindset and beliefs to what the new market is like.
We saw this when the market tanked downwards and sellers were reluctant to believe, thinking it...

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January 2020 Market Update

Posted on Feb 07, 2020 in Vancouver Real Estate News

January 2020 Market Update

Let’s jump straight into the good stuff hey?!
Above are the January 2019 vs January 2020 numbers when discussing ‘New Listings’ to the market and number of recorded ‘Sales’. These are specific to Vancouver’s East and West side mind you, however we have some additional holistic comparisons below as well in the hopes to show...

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Inventory Levels Low = Market Mayhem!

Posted on Jan 30, 2020 in Buying Vancouver Real Estate

Inventory Levels Low = Market Mayhem
It seems like a month or two ago the regular message was “The market is down”, “Inventory remains sky high” or “Homes are coming down another 10%.”

But the truth of the matter now is quite different. Although prices are not skyrocketing, property is moving and it is moving FAST! One point we have touched on, but n...

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Oakwyn Realty Ltd

400 - 1286 Homer Street  Downtown Vancouver,  BC  V6B-2Y5 

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