Monthly Market Report

10 Mortgage Deal Killers (And How to Avoid Them)

Posted on Mar 30, 2025



You’ve found your dream home, your offer is accepted, and your bank has approved your financing— the deal is done, right? But before you celebrate, there’s one thing you need to know: your mortgage isn’t fully approved until closing day. Lenders will re-check your financials before finalizing your loan, and even small changes to your income, debt...

Read More

Tariffs: How They Could Impact BC Real Estate

Posted on Mar 07, 2025



With threats of U.S. tariffs on Canadian goods and Canada’s decision to retaliate, the economic outlook for 2025 has become more uncertain. These trade tensions could hit BC’s economy, affecting jobs, prices, and even the housing market. But what do tariffs actually do, and how would this trade dispute impact real estate in British Columbia? Let’s...

Read More

Assessed Value vs. Market Value: What’s the Difference?

Posted on Feb 10, 2025



If you’ve ever wondered why your property’s assessed value doesn’t match what you think it could sell for, you’re not alone. Assessed value and market value are two different ways of looking at your home’s worth, and understanding the difference is key when buying or selling. Let’s break it down.

What Is Assessed Value?


The assessed value is the valu...

Read More

Home Pricing Strategies: How to Price Your Home for a Successful Sale

Posted on Jan 16, 2025


Pricing your home is one of the most important decisions you’ll make when selling. Price it too high, and you risk scaring off buyers. Price it too low, and you might leave money on the table. So how do you find the sweet spot? Let’s break down some common home pricing strategies to help you understand your options.

1. Pricing Below Market Value


This...

Read More

Deposits: Everything You Need to Know

Posted on Dec 03, 2024



When you’re buying a home in British Columbia, one of the first financial commitments you’ll make is the deposit. It’s a key part of the process and often raises questions, especially for first-time home buyers or buyers who haven’t made a home purchase in many years. In this post, we’ll break down what a deposit is, how it works, and answer some o...

Read More


Get In Touch

Tracy Lunnin

Mobile: 6047718794

EMAIL

Office Info

Royal LePage Sterling

Stay Connected