January 2015 brings a strong start to local home sales!  Home sales got off to a great start in January and above historical norms, even though fewer homes were listed for sale.  "While demand remains steady, we are seeing fewer homes for sale at the moment," quotes REBGV President, Ray Harris.  This is trending towards greater competition between buyers, particularly in the detached ...

Bank of Canada Interest Rate Decision - January 21, 2015. The Bank of Canada announced that it is lowering its target overnight rate to 0.75 per cent. The surprise loosening of monetary policy is in response to the recent dramatic decline in oil prices and the consequent negative impact on Canadian growth and inflation. The Bank expects the Canadian economy to grow 2.1 per cent in 2015 and 2. ...

Downsizing your home? Leaving your long time residence can be a big task and experience tells me that your home is an important lifetime investment, coupled with strong personal ties.  I will be there with you every step of the way to easily  guide you through the downsizing process, with the least amount of stress. If you are ready to downsize into the next home of your dreams, just give me ...

Home sale and listing activity reach historical norms in 2014 It was a typical year for the Metro Vancouver housing market in certain respects. The region’s home sale and listing totals for 2014 both rank fifth when compared against the past 10 years of activity, while home prices increased. “While home buyer and seller activity created balanced market conditions within the region, we also ...

                           Wishing you all a healthy and fun-filled 2015! Thank you to all of my dear clients, friends and family, for your kind referrals over the past year.  I sincerely appreciate your thoughtfulness.  I find that year end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us.  Happy New Year!  ~ Diane ...

During this holiday season, I would like to extend my sincerest thanks to those whose friendship and support I greatly appreciate.  Thank you to all my dear clients, family and friends, for your continued business support and very kind referrals!  Wishing you and all your family, a healthy and peaceful 2015.  ~ Diane

Happy Holidays and a great big Thank you to everyone for coming out to help the Richmond Christmas Fund again this year. We raised approximately $5,500 for the Fund. Anyone can donate to your less fortunate Richmond Neighbours through: https://christmasfund.volunteerrichmond.ca/

Inter-Provincial Migration is on the rise in BC! Population growth is a primary driver of the housing market and the outflow of potential homebuyers to other Provinces has coincided with weakness in consumer demand here in BC.  As of the first quarter of 2014, the flow of interprovincial migration seems to be reversing and population growth is trending higher in BC.  Improving econom ...

Celebrate National Seniors Day on October 1st, with a FREE drop in session at Richmond Olympic Oval.  Check out the programs available for 60+ seniors and tour this great facility in our own backyard!  

Who is Buying all the Metro Vancouver Condo's? Live-in Owners or Investors?  An interesting random survey of 42,426 condo owners was done by CMHC in 2013.  They found that 82.9% of the condo's were occupied by "live-in" owners and that only 17.1% are investors. 74.5% of investors own 1 condo, 15.7% own 2 units and 9.8% own three or more units.  Only 19.5% of investors bought at "pre-sale" tim ...