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A shift in the market....

April 11th, 2012
Increased selection helps maintain balance in Greater Vancouver housing marketHome sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Service® (MLS®) in March 2 ...

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To Live or to Invest

April 10th, 2012
To Live or to InvestI frequently read that people spend far too much time worrying about the investment potential of the places they buy to live in. Apparently this phenomena is somewhat unique to Vancouver-we are obsessed with real estate and making money off of it. A good example is a home that is currently listed on Panorama Drive in Deep Cove. The house is tremendous value: it is waterfro ...
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Macrealty March 2012 Market Update

March 26th, 2012
Macrealty March 2012 Market UpdateOn February 21st, the BC government announced the 2012/13 Provincial Budget (http://www.bcbudget.gov.bc.ca/2012/default.htm). A fiscally conservative document, the budget calls for business tax hikes and a spending freeze in order to try and meet the government's commitment to return to a balanced budget by fiscal year 2013/14. Also included in the budget are ...
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Market for Deep Cove Real Estate is HOT this quarter

March 26th, 2012
Market for Deep Cove Real Estate is HOT this quarterThe real estate market in Deep Cove, and even more so in Dollarton is HOT right now.Homes for sale in the Cove are getting a lot of attention and most are selling very quickly.Those with real estate for sale in Dollarton barely have time to list it for sale before the home is sold.  Many homes non waterfront homes in Dollarton are selling at ...
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Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market

March 24th, 2012
Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing marketLast year the beginning of the year was a fantastic time to list and sell-a great sellers' market. We anticipated that the same would hold true this year but according to the Real Estate Board statistics, the last couple of years were much better for sellers than this year has been to date.  This may m ...
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HELP WANTED: Buyers Who Can't Find a House

March 12th, 2012
HELP WANTED:  Buyers Who Can't Find a HouseI have several buyers who can't find what they are looking for and who would like to know if there is anything coming up for them.  There are 4 buyers whom I am currently trying to find homes for in either the Cove or Dollarton but so far nothing meets their needs: 1. Waterfront with existing house in need of renovation, on a medium to large size lot ...
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Waterfront Is a Bargain!

March 7th, 2012
Waterfront Is a Bargain!Did you know that right now the cost to buy a waterfront home is not much higher than the cost of many non-waterfront homes?  When I bought my current waterfront home, it took me 2 years to finally get something because most of the entry level waterfront was selling right away, often with multiple offers.  That is not the case now:  there has been a huge supply of wate ...

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Zoocasa et al

February 10th, 2012
Zoocasa et alSome clients have been asking me about websites such as Zoocasa and how reliable the information on them is. The answer is that while there may be some useful information, Zoocasa is a site that is more for fun than for reliable information about the real estate market and in particular pricing.For example, I recently tested Zoocasa's pricing program-I checked for the value of a ...
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Useful school info for the City of Vancouver

February 9th, 2012
Useful school info for the City of VancouverDid you know there is an interactive map on the City of Vancouver website that helps determine what school your children will be assigned to and how well each stacks up to some of the other schools in the area?It is a collection of data on all of the schools, including each of their enrollment stats, programs provided, facility data, and contact inf ...

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THANK YOU for all of your support

February 6th, 2012
I recently received the Macdonald Realty Award of Excellence again this year (see photo with owner of the company).  I really appreciate all of the support - without all of you trusting me to sell your homes and help you find homes, I would not have received this honour nor would I have been recognized by the Greater Vancouver Real Estate Board as one of its Master Medallion Members (top real ...

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