Naru Menon’s Blog

Tips for first-time home buyers on getting pre-approved for a mortgage quickly: Talk to a loan officer for guidance, ask for referrals from friends, review your credit report for errors, gather necessary documentation, work with one mortgage professional to find the best option, consider interest rates, fees, and customer service when choosing a lender. Continue…

Kamloops: Avg home price around $620K; diverse economy with opportunities in various industries.Sooke: Avg home price approximately $679,700; picturesque coastal town offering a laid-back lifestyle.

BCREA reports 3,979 residential unit sales in January 2024, ↑ 29.4% yearly. Avg residential price in BC ↑ 10.5% to $957,909 in January, compared to the low-point of $866,922 in the past 2-yr.

Every show home uses tactics to create an idealized version of a property. Tricks include creating a lifestyle story, using pitch-perfect props, subtle symmetry, heating up the space, omitting TV screens, using mirrors for illusion, showcasing high-end finishes, clever lighting, missing internal doors, uniform flooring, child-sized furniture, and missing essential items like fridges. Continue to…

BC Real Estate Association reports ~30% increase in home sales yearly in January, with prices up. 3,979 sales completed in January, averaging $957,909, ↑ ~10% yearly, totaling $3.8B in sales.

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!

Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related games such…

Home sales surged by nearly 30%, reaching 3,979 transactions in January 2024. Average home price rose over 10% to $957,909 compared to the previous year.

British Columbia Real Estate Association released its 2024 First Quarter Housing Forecast Update last month. Decline in mortgage rates and potential Bank of Canada rate cuts expected to revitalize housing market in 2024.