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Thompson Crocker Real Estate Penticton / Articles posted by admin

The 9 Hottest Interior Design and Decor Trends You’ll See in 2018

When it comes to home design and decor, we'll be the first to tell you to stick with what you love, no matter what the pros say. But if you can't escape that sinking feeling each time you walk through your front door that your decor is looking a little tired, well, don't despair. We've got you covered! We've already talked about the design trends you should ditch in the coming year. Now let's take a look at some of the hot new designs you might want to use...

Vancouver sales up 26.2% last month

There was a jump in home sales in greater Vancouver in November, up 26.2% year-over-year. Greater Vancouver Real Estate Board reported that the 2,214 sales eased 7.5% from October but were 17% above the 10-year November average. “We’re seeing steady demand in today’s market. Home buyer activity is operating above our long-term averages, particularly in our townhome and condominium markets,” Jill Oudil, REBGV president said. There was a 31.8% rise in detached home sales (841) year-over-year while apartment sales gained 25.7% (1,508). Meanwhile new...

Home-Selling Checklist

Home-Selling Checklist: 12 Things to Do Before Selling Your House   Getting ready to sell your house? Then it's time to roll up your sleeves and get to work! Selling a home, after all, entails a whole lot more than just planting a "For Sale" sign on your front lawn or uploading a few random photos of your place—especially if you’re angling for the most cash. (And, honestly, who isn’t?) So before you put your house on the market, peruse this checklist of things you must do in preparation....

Tour de Force: Don’t Make These 10 Huge House-Hunting Mistakes

You've been thinking about settling down and buying a home for a while now, and you finally think you're ready. It's time to tour some digs! But hold up—you need a game plan. House hunting is about more than popping into a few open houses and picking the one you like best. In fact, there's a science to it: A smart search means you'll save time, money, and your sanity during the rest of your home-buying process. Read More ...

8 Rookie Mistakes That Keep People From Selling Their Home

If your home is struggling to catch the eye of a buyer, it could be for an entirely valid reason. Maybe you're stuck in a sluggish market or have the poshest place on the block (always a tough sell). But there's another possibility, too—your home could be sitting on the market because of a rookie selling mistake. All of us can make 'em, even those of us who actually have a few home sales under our belts. Read article here: Mistakes that keep people from selling their home...

Resale fears abound across demographics!

According to the results of the latest poll conducted by CIBC, nearly two-thirds (62 per cent) of Canadian home owners are hesitant to sell their properties because of the prevailing climate of elevated home prices that would make it more difficult for them to get their next houses. This fear cuts across the demographic spectrum, despite the survey finding that around two in five Canadian home owners (41 per cent) are contemplating on making generous profits by selling their homes in...

The Future of B.C. Housing British Columbia has always been a coveted place to live—and priced at a premium compared to the rest of the country. Divine aesthetic, on-demand year-round leisure and the inspiration of towering mountain ranges and ocean views don’t come cheap. But the province has never been as unaffordable as it is today, with Vancouver now mentioned along such global centres of commerce as New York, London, San Francisco and Sydney, with its housing and real estate suddenly subject...

Preparing Your Home for Sale

When you’ve decided to sell your home, the last thing you want to do is spend money to spruce the place up. After all, whoever buys it is going to replace those outdated kitchen cabinets and grungy bathroom tiles anyway, right? “We’re often asked why any money should be spent freshening,” said Mickey Conlon, an associate broker with Douglas Elliman Real Estate. “The answer has to do with the psychological effect of assessing a renovation on a prospective purchase. Buyers assign...

6 Costly Mistakes First-Time House Flippers Make

When you’re flipping a house, time is money. And you don’t have time to make a lot of rookie mistakes. That’s what Steve Cederquist learned when he first began renovating and flipping properties in 1994. “I bought a house with a bad foundation and lost $30,000 on the deal,” says Cederquist, a general contractor who’s now a veteran house flipper and president of Cornerstone Property Services in Huntington Beach, CA. “I didn’t think I’d have to do much to a 1,200-square-foot house....

Housing Market Slows to a Simmer in BC

Vancouver, BC – August 11, 2016. The British Columbia Real Estate Association (BCREA) reports that 9,900 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, down 3.4 per cent from the same month last year. Total sales dollar volume was $6.57 billion in July, up 5.4 per cent compared to the previous year. The average MLS® residential price in the province was up 9.1 per cent year-over-year, to $663,411. "Housing demand has moderated in many regions of...