January 2022

In today’s breakneck pace, white hot market. You NEED to be pre-approved for a mortgage or you are essentially going to be entering a horse race riding a donkey. Now in the old days one would simply walk into their bank and if you were offered a mortgage, take it and that would be that.

Reports from The Real Estate Board of Greater Vancouver have shown that the region totaled 43,999 sales for 2021. This is a 42.2% increase in sales from 2020 and a 4% increase from the previous ALL-TIME record that was set in 2015 at 42,326 for the year.

“Home has been a focus for residents throughout the pandemic. With low interest rates, increased...