Is NOW the best time to buy a home?

100% it is!! The best time to get into the Real Estate market is always NOW! Putting our higher mortgage rate environment aside, BC has a serious housing shortage. It is simple economics - supply and demand. There are not enough homes to buy so people will pay a premium for them. So when you purchase real estate in BC, you are pretty much guaranteed that you are going to make money on it long term as there will always be someone willing to buy it from you and for more money than what you paid for it. Most people in BC have made their money on real estate due to our desirable part of the world and our housing shortage! The Canadian Government brings in a minimum of 400,000 immigrants every year to Canada and people need a place to live!
The bonus of buying right now is our higher-rate environment. Due to higher mortgage rates, real estate prices have come down slightly as there are not as many people shopping for a home right now. It is a Buyer’s market. This is where your greatest opportunity comes and this does not come often enough! If you buy now, you are not only saving money on the purchase price, but you will also see a jump in your equity/wealth when rates do start to fall causing everyone on the sidelines to jump back into the market to buy. When rates fall, this buyer’s market will turn into a seller’s market and we will return to the environment of bidding wars and paying over asking for real estate.
When rates come down, if you own a home, you are going to see a jump in your equity. A jump in equity means you can then move into something bigger, or you can keep that equity aside for your retirement.
When is the best time to buy real estate? It is always NOW, but at this time, NOW has even more opportunity within it!

What do you mean not EVERY housing market is the same?

That is where Cardas Mugridge Group comes in handy-we happen to be local experts in not only Maple Ridge (our hometown) but also the Greater Vancouver market PLUS we have contacts in the Okanagan, Vancouver Island, and throughout British Columbia (even Alberta and Saskatchewan and further east)
From the local market to local happenings you can count on us to keep you updated.
Let's face it, if you are looking at the real estate market nationwide the information you're consuming may not be accurate to your local market.
So follow Cardas Mugridge Group and stay up to date on all things real estate & trending.
Is there something you want to know? Drop us a message and tell us, we would love to connect with you.


Once you decide to put your home on the market, it might feel like a whirlwind of staging, showings, & moving tips. And then add to the logistics of buying a new home can also be extremely overwhelming. That's why we have the top 3 most important tips for selling your home. 
1) SET THE RIGHT PRICE. We want to help you get top dollar for your home, so we like to create a customized pricing strategy for every listing. Using comparative market analysis to find out recently sold homes nearby & similar currently on the market. We will factor in what upgrades & improvements you've made to your home, such as adding a new HVAC system or remodeling the kitchen. 
2) STAGE, STAGE, STAGE. Before we list your property for sale, we want to make it look as appealing as possible to prospective buyers. That means cleaning, decluttering, organizing, and staging. Our Stager will give you some tips on how best to show your home.
3) KEEP YOUR EMOTIONS IN CHECK. Your home is not just a building -- it's where you've celebrated holidays, & birthdays, built your family, & made memories. Selling your home is emotional, but it's important not to take things personally to get the best possible deal during offer negotiations. If things get stressful, think of our team as your emotional support. 

Staging Tips

To set the table or not? Good question, some may say no so buyers are not focusing on the "stuff" but rather the home itself. While others say yes...
Set the table as though you were hosting a casual dinner party. It will make your space look more inviting and help prospective buyers envision entertaining and hosting their special occasions in the space.

What are your thoughts?

How to determine the price of our home?

You love your home but you are ready to make a move, whether it's for a change or moving farther away, the question on everyone's mind is 
There are many factors to consider when pricing, like market conditions, past sales, location, and amenities. Overprice a property and it could sit on the market for months. If you undervalue it, you might lose out on money.  Getting a home appraisal can give you an idea of your property’s worth, pricing a home is part science and part art.   A few items to consider:
  1. Current local market conditions: Current market conditions and trends in your area and knowing how many properties with similar features are up for sale and how fast they’re being sold.
  2. Location: neighborhoods near well-respected schools have a higher demand and even homes on different sides of the street.
  3. Size and Layout: most families may be looking for a home with 3 or more bedrooms or one with a larger lot.
  4. Age and Condition of the House: how old the property is and if there are major updates required. This includes windows, roof, kitchen, bathroom, and mechanical systems.
  5. Bonus Spaces: does the home have an in-law suite or separate living for income purposes?
  6. Seller's Motivation: Has the owner purchased another property already or has to move out of the area quickly?
  7. MLS®️Home Price Index: provides price trends by looking at the market as a whole and within specific housing categories. This allows the agent to do a comparative market analysis, keeping in mind the data can change from month to month, but it provides real data to assist in pricing.
Ultimately the price you list your home is between you and your agent with the goal to get the best possible price for your home.

Helfenbaum, W. (2023) How a realtor® prices your home, Blog. Available at: (Accessed: January 5, 2023).

How Do I Stage my Home Prior to Selling?

When you stage your home you are showcasing to your buyers that your home is move-in ready. When buyers walk into a clean, depersonalized space it helps them to envision themselves in your home, which allows them to create an emotional connection. 
When a home is unclean and unstaged, it can be hard for a buyer to imagine themselves in your home. 
Use these tips to help create a welcoming space to invite potential buyers into your home.
  • focus on curb appeal
  • declutter
  • neutralize
  • refresh walls
  • clean
  • add light
  • or Call Abide Home Styling

Who is MyCity Movers?

They are a professional moving and storage company that wants to congratulate you on your new house, help welcome you into it, and wish you all the best with making it your home.
MY CITY MOVERS LTD is one of the fastest-growing companies in British Columbia, all due to the exceptional service at a very affordable price. As Movers in Vancouver, we provide packing services, local and long-distance moving, delivery services within the Lower Mainland, storage, overnight storage, and more.

Our moving team is dedicated to working with you personally from the early stages of your move to move-in day, we ensure a smooth and stress-free relocation.

The market is changing, but what is never going to change is the best time to buy a house is always five years ago.
Now is the time to invest in your future.
Contact us TODAY and let us walk you through this process.
Our team of agents collectively have been selling real estate for over 40 years. With an abundance of experience to draw from, Nest Group can help answer those questions.

So...What's holding you back from buying your next home, land, or rental property?

Call us TODAY 
If you're looking to list your home for sale, one of the most important parts of the process is coming across the right buyer. To do that, you'll want to make your home appear as attractive as possible to draw in potential buyers.
Curb Appeal
Staging involves bringing in furniture, art, and accessories to make your home look its best and help buyers imagine a future in the home you currently own.
At Nest Cardas Mugridge Group we believe Staging a home is important.
We have teamed up with Abide Home Styling to help us help our clients.
A home seller will always accept the highest and best offer.

There are a lot of factors that impact whether or not a home seller will accept an offer on their home. 
  • contract conditions
  • subject removal 
  • completion and possession dates
Either way, coming in with a strong offer and the willingness to bend slightly will help. More questions? Contact us and we can help walk you through the process.
Want to hear some tips to keep your energy bill down this summer?

It has nothing to do with turning the lights off when you leave the room! has five simple home decor swaps to make your living space feel cooler and calmer this summer.

Here they are: ? Trade shag or wool rugs for simpler cotton ones. ? Swap heavy drapes for lightweight curtains. ? If you don't have AC, position two fans for a cross breeze. ? Ditch the heavy comforters and throw blankets for a simple quilt or duvet. ?Swap your flannel sheets for a lightweight linen set.

How do you keep it cool in the summer? Tell me what tips you would add!

What is the difference between Pre-qualification and Pre-approval?

Prequalification is a basic review of the borrower's information to determine their creditworthiness.

Pre-approval is an in-depth review of the borrower's financial situation and credit score to determine the mortgage application's status.

Why is this important?  Contact us and let us walk you through the process.
We can put you in touch with an expert to assist you.
At Cardas Mugridge Group we pride ourselves on being surrounded by industry leaders.  These are the people we reach out to when we need assistance...

This week we are highlighting CORE PROPERTY INSPECTIONS

Aaron Borsch has been doing home inspections serving Vancouver and the lower mainland for over 10 years.  His reports are all digital with photos and he uses the latest tools when doing a home inspection, like infrared cameras.
Aaron was born and raised in Vancouver and has seen the lower mainland grow and change over the years. In the winter you can find him up at Cypress or Big White snowboarding and in the summer he enjoys traveling wherever the wind takes him.

Do you have more questions than answers? Call us and let us help guide you

You are Selling your home, you have made the decision to move onto something new or bigger or maybe out of what?

1. Remove clutter and depersonalize your home
2. Focus on the little things
3. Release your emotional attachment
4. Work on the curb appeal
5. Be flexible
6. Timing
7. Call Cardas Mugridge Group
A few factors have contributed to the low supply and high demand for homes over the past year. Here are the factors driving the current housing demand:
1. During Covid, many people were forced to stay at home. This influenced them to start looking for new or bigger homes with more space for a home office.
2. New construction would typically help meet demand in the housing market. But with the spike of demand, new construction has not been able to keep up. Plus the supply chain for construction materials had trouble keeping up.
3. In highly competitive markets, homeowners are hesitant to list their property before being under contract on their new home.
So what is going to happen now?
According to the BCREA in a recent article,
"Residential property sales are forecast to drop 17% in 2022 after a year of record highs."
(Vancouver is Awesome, B.C. home prices expected to climb 8.5% in 2022 amid supply shortage 2022)

Capping off 2021, the Canadian housing market reported record-low levels of home supply in December according to the latest national market report from the Canadian Real Estate Association (CREA). By contrast, home sales remained historically high last month but inched up only slightly from November.

“With the housing supply issues facing the country having only gotten worse to start 2022, take any decline in sales early in the year with a grain of salt because the demand hasn’t gone away, there just won’t be much to buy until a little later in this spring,” said Cliff Stevenson, chair of CREA, in the report.
“But when those listings eventually start to show up, the spring market this year will almost certainly be another headline grabber,” he added.
Here’s what we know from the latest from CREA.

Monthly sales grow less than one percent, but 2021 sets a new record

Across the MLS system, the number of home sales recorded grew just 0.2 percent from November to December 2021. This is quite the change from October, which kicked off Q4-2021 with a nine percent jump in activity that month.
The actual — not seasonally adjusted — number of transactions in December was 9.9 percent below the record for that month, which was established in 2020. Still, this makes last month the second-highest level for sales in December.
Most large markets nationwide reported little growth in month-over-month sales, CREA stated, with the exception of Calgary and the Fraser Valley.
In 2021, 666,995 residential properties were bought and sold via MLS, setting a new record for the number of homes sold in a year by a wide margin and reaching over the 10-year average by 30 percent. The total quantity of properties sold last year surpassed 2020, the previous record-holder, by just over 20 percent.

New homes available for sale continue to fall

From November to December 2021, the number of newly-listed homes hitting the market fell 3.2 percent. Listings dropped in Greater Vancouver, Montreal, and other communities in Quebec, more than offsetting a boost in supply in the Greater Toronto Area.
Nationwide, there was just 1.6 months' worth of inventory in December, the lowest level ever recorded.
“There are currently fewer properties listed for sale in Canada than at any point on record,” said Shaun Cathcart, CREA’s senior economist, in the report. “So, unfortunately, the housing affordability problem facing the country is likely to get worse before it gets better. Policymakers are starting to say the right things, but now they have to act to change this course we’re on.”
With home supply continuing to drop as sales remained mostly unchanged, the sales-to-new listings ratio tightened to 79.7 percent. This is an increase compared to 77 percent in November. The long-term average for the national sales-to-new listings ratio is 54.9 percent, CREA said.
Based on the sales-to-new listings ratio, two-thirds of local markets were sellers’ markets in December while the remaining third was in balanced market territory.

Average home price grows more than 17 percent from 2020

As market conditions tightened further, the Aggregate Composite MLS Home Price Index (MLS HPI) increased by 2.5 percent monthly during December. The non-seasonally adjusted Aggregate Composite MLS HPI grew by a record 26.6 percent on an annual basis in the same month.
The actual — not seasonally adjusted — national average home price was $713,500 in December, up 17.7 percent from a year ago. When removing the GTA and GV from the calculation, the national average price falls from $150,000 to approximately $563,500.

Provinces, major markets report mid-single to double-digit price increases

Several major housing markets reported price growth in December.
Alberta and Saskatchewan recorded price gains in the mid-to-high single-digit range while Manitoba saw prices rise about 12 percent. In British Columbia, year-over-year price growth climbed above 25 percent but remained lower in Vancouver.
Meanwhile, in Greater Montreal, price growth remains at a little over 20 percent, with Quebec City reporting about half of that amount. In Ontario, yearly price growth remained above 30 percent in December. Prices in the GTA, after trailing behind other parts of the province, surged ahead last month, CREA stated.
Similarly, New Brunswick price growth ran above 30 percent in December as annual prices jumped about 11 percent in Newfoundland and Labrador.

McNally, Michelle. “There Have Never Been Fewer Properties for Sale in Canadian History.” Https:// 2022, Accessed 2022. 
When I think about my dream kitchen, I think of design and convenience. Beautiful cabinetry, a big island, wide-plank wood floors, white stone, and fabulous hardware.

According to blogger, there are certain items that not only are design worthy but are ever so convenient in the kitchen.

1. Appliance Garage
2. Walk-in or Butler's Pantry
3. Sliding pull out drawers and shelves
4. Command center
5. Built-in wine refrigerator
What are some of your "must-haves" for your dream kitchen?
Home maintenance does not have to be difficult or all consuming, taking it one chore at a time is the key to success. Sometimes new homeowners are unsure where to begin, thats why the checklist included can help break down when and what.

Still have questions or don't know where to begin, ask a neighbour or a friend for help.