Some investors who purchased presale homes a few years ago are deciding to sell their units as the project completes. Interest rates have had a significant impact on determining whether it is beneficial to get a mortgage and if they will make a profit from these investments.

Denny and Monica discuss who could benefit from these sales and why you might want to buy a new construction project over resale or presale.

This episode will cover the price comparison of new construction and presale, which cities will see the most projects completed, how interest rates have impacted investors, the advantages of buying presale versus resale, and where you can find the best information about new construction in the lower mainland.

Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel – https://www.youtube.com/channel/UCHK2L-KswYO93195yndFAmA

Email us at garbuttdumaspodcast@gmail.com

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Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca

Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca