Andrews Group Blog

  • October 17, 2023
  • 1
  • Real estate

Timing a Real Estate Transaction in Vancouver: Navigating the Difficult Market

To understand what makes Vancouver's real estate market so challenging, one must examine the city's overall economic and demographic trends. Vancouver has a reputation for being a desirable location for foreign buyers, especially those from mainland China. This influx of cash has contributed to price increases in certain areas, especially in upscale neighborhoods such as West Point Grey, Shaughnessy, and Kitsilano.

  • January 01, 2023
  • 1
  • Real Estste

MLS® Home Price Index explained

The problem with averages

  • March 04, 2021
  • 0
  • Market InsightsTips, Tips

Tips on Dealing with Multiple Offers, Are You Ready?

One of the best situations for a seller is getting multiple offers on your property. This means more than one buyer is ready willing and able to write an offer on your property. Why is this advantageous?

  • March 04, 2021
  • 0
  • Pricing

Some Crazy Fast and Big Sales

A Few Surprising Sales...

  • March 03, 2021
  • 0
  • Graphs, Market Insight

The Feeding Frenzy of Buyers Continues

The past 4 weeks of sales in Real Estate in Vancouver have been on fire. It’s been an incredible change of pace even from last December which was one of the best Decembers on record.

  • May 25, 2020
  • 0
  • Real Estate

Should I sell my home during the COVID-19 crisis?

Ok, there is no one right answer to the above question, we all know that. Individual circumstances dictate much of our lives. So for this article, we will keep the focus on market statistics and our professional experience with our feet on the ground right now.

  • April 20, 2020
  • 0
  • Graphs, Statistics, Video

Surprising Numbers in April 2020 Market Data

Surprising Numbers in April 2020 Market Data

  • April 14, 2020
  • 0
  • Marketbrief, Video

Are we in a "Buyer's Market?" One would think that would be a very simple question, but it's complicated.

A buyer's market is marked with declining home prices. So far we haven't seen that. In a buyer's market, generally interest rates are trending up. And they are right now. So we have seen interest rates going up, but high inventory is also part of a buyer's market. And the inventory remains very level, on the low side. Sellers are not putting their homes on the market right now, so the inventory is still on the low side. And right now it's very difficult to say. What we are seeing is a stratified market, and a stratified market means that the market's divided, so we have two ends of the market

  • April 14, 2020
  • 0
  • Marketbrief, Video

Do home sellers have to disclose if they have Covid-19?

Does a seller have to disclose if they have COVID-19? That's a great question, and it's not a simple answer. So actually, I don't believe they do have to disclose that to you.

  • April 09, 2020
  • 0
  • Commentary, Marketbrief, Video

Can I get out of my real estate contract?

There's saying: Contracts are made to be broken. BUT we don’t recommend that. However, there are times within the offer process you can back out...