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THANK YOU VERY MUCH!!!Again this year I am happy to have been awarded membership in the Greater Vancouver Real Estate Board's Medallion Club which recognizes the top 10% of REALTORS®. This year I am in the President's Club which is the top 1% of REALTORS®*, ranking number 32 overall among all Greater Vancouver REALTORS®. I could not attain this recognition without the support of all of you an ...
What does your Property Assessment mean?
January 17th, 2013
What does your Property Assessment mean?This year, many property assessments have increased beyond what might have been expected. The market has slowed significantly so people expect lower assessments. I have a lot of people asking me how this could affect the sale price of their properties. The assessed value really just affects what you will pay in property taxes; it is not an accurate refl ...
Macrealty November 2012 Market Update
November 27th, 2012
Macrealty UpdateIt's been a relatively slow summer and fall housing market for most areas of the province. That being said, prices have remained stable through the balance of 2012 (although in a lot of cases what is actually selling, rather than sitting seems to be down a lot lower than it would have been last year and there have been some VERY good buyers for buyers out there so the stats on ...
Where the Buys are......not just in stores with Black Friday sales!
November 27th, 2012
Where the Buys are......not just in stores with Black Friday sales!It has been a busy few months with investors taking advantage of this great real estate market for buyers.....it is interesting though that in the best buyers' market we have had for 12 years a lot of buyers (including those who last year were clambering to buy in the sellers' market by trying to outbid others) are now "waitin ...
Prices down another 10 percent????
November 1st, 2012
Prices down another 10 percent????An interesting article although given what is actually selling in Deep Cove real estate seems to already be down more than what the "average" drop is, I am not sure if this will happen....
Please see below and please contact me if you would like to discuss.
Vancouver home prices could drop by 10 per cent next year, says UBC expert
By Sam Cooper, Th ...
Greater Vancouver housing market hits summer lull
August 16th, 2012
Greater Vancouver housing market hits summer lullResidential property sales in Greater Vancouver remained at a 10-year low in July, while the number of properties being listed for sale continued to edge down and prices remained relatively stable.The Real Estate Board of Greater Vancouver (REBGV) reports that there were 2,098 residential property sales of detached, attached and apartment prope ...
Greater Vancouver housing market favoured buyers in June
July 25th, 2012
Greater Vancouver housing market favoured buyers in JuneThe number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sa ...
BUYERS' MARKET???? Is this really a news flash?
July 7th, 2012
BUYERS' MARKET???? Is this really a news flash?Well the media has been all over the fact that according to the Real Estate Board we are now officially in a buyers' market. Interesting (mildly) but mostly to see what impact that pronouncement has on the market activity. We have been heading into a market that strongly favours buyers since about February but we just recently met the mathematic ...
Worst homebuying mistakes
July 6th, 2012
A real estate purchase is usually the biggest investment in a person's life. But not every deal proves fruitful. In big cities like Vancouver, Calgary, Montreal and Toronto, where it seems like mere real estate ownership is money in the bank, it can still go seriously wrong.
One of the biggest mistakes is to try to forecast the market, which is what most people try to do, says realtor and ...
Macrealty June 2012 Market Update
June 30th, 2012
Macrealty June 2012 Market UpdateAfter a strong run in the residential real estate market over the past several years, more and more people have begun asking questions about commercial real estate and its viability as an investment product. The answer to this question is that commercial real estate has proven to be a strong, stable investment, especially when compared to the recent volatility ...