By: Abingdon Moore Realty

Port Alberni July 2022 Market Report

Tags: home for sale, Port Alberni real estate

  The real estate market in Port Alberni has changed dramatically over the last couple of months and is having some market adjustments in price due to interest rate increase.  This simply means the buyers have taken a step back and are re-evaluating the market conditions and their purchasing power.  We still have a very active market with 26 properties sold in the month of July, do...Read More

By: Abingdon Moore Realty

Port Alberni June 2022 Market Report

Tags: Port Alberni real estate, homes for sale

  The real estate market in Port Alberni has changed dramatically over the last couple of years and is having some market adjustments in price. The market has slowed down with interest rates rising.  This simply means the buyers have taken a step back and are re-evaluating the market conditions and their purchasing power.  We still have a very active market with 32 properties ...Read More

By: Abingdon Moore Realty

Tips to help Sellers in a seller's market.

Tags: Port Alberni, multiple offer tips, Port Alberni real estate, homes for sale, selling a home, realtors, real estate brokerage

Tip #1 Be prepared for a quick offer. The average median days on market went from 44 days on market in Jan. 2021, to 22 days on market in Dec. 2021 Tip #2 Remember the highest offer is not always the best offer.  •Other things to consider along with purchase price is: Completion date, does the timeframe work for you? What and how many contingency are there? What items are included ...Read More

By: Abingdon Moore Realty

Tips to help home buyers win in multiple offer situations.

Tags: Port Alberni, multiple offer tips, Port Alberni real estate, homes for sale

Tip #1 Know your buying limit. •Get pre-approved for a mortgage before making an offer. •Include a copy of the pre-approval letter with your multiple offer to show the sellers you are qualified. Tip #2 Be prepared to act fast. •If you are hoping to buy a home in a seller’s market, you will  need to make quick decisions when you find a property that interest you.  ...Read More