Ask the Experts

Q: Should I buy or sell first?

Theo: This is a crucial decision and depends on a few factors like your financing situation, what type of home you’re selling or buying and the current market conditions. Upcoming legislature mandating a ‘cooling off’ period for all sales will greatly impact this process and we predict it will be very risky to buy first going forward. We recommend to call us and discuss your specific circumstances as an experienced and trustworthy agent is your best source to navigate the volatile Lower Mainland market.

Q: What opportunities do you see in this market?

Brad: Improved inventory and less frenzied buying makes this a better market to consider upsizing or downsizing. Rapidly rising mortgage rates will be on everyone’s minds and should start to show their effect by this summer. This could be great news for buyers with more cash or larger down payments.

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.