Real Estate Information

Abbotsford British Columbia Real Estate Blog

Mako Britz

Blog

Displaying blog entries 1-10 of 87

Year end market insights

by Mako Britz

Here is a little interview that "Point to Homes" had with me at the end of 2015.

Click the link below

http://www.point2homes.com/news/canada-real-estate/market-insights-with-mako-britz-abbotsford-an-emotional-market.html
 

November Marketwatch Newsletter

by Mako Britz

 

Abbotsford 37% Absorption Rate ( Sellers market)

Mission 38% Absorption Rate (Sellers market)

Langley 73% Absorption Rate ( Sellers market)

Absorption Rates Explained If we have 100 homes on the market and we consume (sell) 18-22 (18%-22%) of these homes per month that is a balanced market, fair for buyers and fair for sellers. If we sell under 18% it becomes a Buyers market with a lot of inventory for buyers to choose from. Sellers will have to make some price adjustments or do some minor updates such as increase curb appeal to attract a buyer. If we sell over 22% it becomes a Sellers market. Buyers will find themselves in multiple offer situations and potentially loose out on the house the are bidding on. If you would like a market update of any other city listed here, simply email me and we are happy to get one out to you at no cost or obligation.

May/ June Newsletter

by Mako Britz

 

Abbotsford 33% Absorption Rate ( Sellers market)

Mission 24% Absorption Rate (Fair for Buyers & Sellers)

Langley 51% Absorption Rate ( Sellers market)

Absorption Rates Explained If we have 100 homes on the market and we consume (sell) 18-22 (18%-22%) of these homes per month that is a balanced market, fair for buyers and fair for sellers. If we sell under 18% it becomes a Buyers market with a lot of inventory for buyers to choose from. Sellers will have to make some price adjustments or do some minor updates such as increase curb appeal to attract a buyer. If we sell over 22% it becomes a Sellers market. Buyers will find themselves in multiple offer situations and potentially loose out on the house the are bidding on. If you would like a market update of any other city listed here, simply email me and we are happy to get one out to you at no cost or obligation.

April 2015 Marketwatch Newsletter

by Mako Britz

Abbotsford 33% Absorption Rate ( Sellers market)

Mission 21% Absorption Rate (Fair for Buyers & Sellers)

Langley 44% Absorption Rate ( Sellers market)

Absorption Rates Explained If we have 100 homes on the market and we consume (sell) 18-22 (18%-22%) of these homes per month that is a balanced market, fair for buyers and fair for sellers. If we sell under 18% it becomes a Buyers market with a lot of inventory for buyers to choose from. Sellers will have to make some price adjustments or do some minor updates such as increase curb appeal to attract a buyer. If we sell over 22% it becomes a Sellers market. Buyers will find themselves in multiple offer situations and potentially loose out on the house the are bidding on. If you would like a market update of any other city listed here, simply email me and we are happy to get one out to you at no cost or obligation.

March 2015 Marketwatch newsletter

by Mako Britz

Abbotsford     27% Absorption Rate ( Sellers market)

Mission          19% Absorption Rate (Fair for Buyers & Sellers)

Langley          34% Absorption Rate ( Sellers market)

Cloverdale     30% Absorption Rate ( Sellers market)

Absorption Rates Explained

If we have 100 homes on the market and we consume (sell) 18-22 (18%-22%) of these homes per month that is a balanced market, fair for buyers and fair for sellers.

If we sell under 18% it becomes a Buyers market with a lot of inventory for buyers to choose from. Sellers will have to make some price adjustments or do some minor updates such as increase curb appeal to attract a buyer.

If we sell over 22% it becomes a Sellers market. Buyers will find themselves in multiple offer situations and potentially loose out on the house the are bidding on.

If you would like a market update of any other city listed here, simply email me and we are happy to get one out to you at no cost or obligation.

Feb 2015 Market Update

by Mako Britz

Abbotsford     14% Absorption Rate (Fair for Buyers & Sellers)

Mission          12% Absorption Rate (Fair for Buyers & Sellers)

Langley          24% Absorption Rate (Fair for Buyers & Sellers)

Cloverdale     18% Absorption Rate (Fair for Buyers & Sellers)

Absorption Rates Explained

If we have 100 homes on the market and we consume (sell) 18-22 (18%-22%) of these homes per month that is a balanced market, fair for buyers and fair for sellers.

If we sell under 18% it becomes a Buyers market with a lot of inventory for buyers to choose from. Sellers will have to make some price adjustments or do some minor updates such as increase curb appeal to attract a buyer.

If we sell over 22% it becomes a Sellers market. Buyers will find themselves in multiple offer situations and potentially loose out on the house the are bidding on.

If you would like a market update of any other city listed here, simply email me and we are happy to get one out to you at no cost or obligation.

Facts and Costs of Selling Real Estate in Mexico

by Mako Britz

Amazing Home!! $3.5 Million

by Mako Britz

Mexican Oaken View Building Lot

by Mako Britz

Cabo Condo Pre-construction

by Mako Britz

Displaying blog entries 1-10 of 87