The market is hurtling towards normality at great speed now.
Sellers have had it all their own way for a couple of years but their grip on the controls is loosening.
Here are the basic ARMLS numbers for October 1, 2013 relative to October 1, 2012 for all areas & types:
Active Listings (excluding UCB): […]
We saw pending listings start to move sharply lower from July onwards this year. It was not until October that the monthly sales rate made a corresponding move downwards. However once pending sales move lower it is only a matter of time before sales follow suit and this matter of time appear to be about […]
Mortgage Agent with Movement Mortgage
Scott Morrow likens the mortgage application process to getting a “financial physical.” Lenders check your history, draw blood and poke around in areas you prefer to keep private. The process is very detailed and can seem intrusive but like a checkup, it makes sense to stay ahead of any […]
If you’ve shopped for a home, you’ve seen the MLS listing. Most of the information is easy to interpret, but there are a few abbreviated terms you should know about.
Box 1 & 2: Home specs and Lot specs
Most of the content in these fields are self-explanatory. If Bedrooms Plus is greater than number […]