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BC Housing Starts Decline in July

Housing starts in BC declined last month . On a year-over-year basis, new home construction was up 14 per cent in July due to a 25 per cent jump in single detached starts and an 11 per cent rise in multiple units. Through the first seven months of the year, BC housing starts are up 37 per cent compared to 2015. Multiple unit starts dropped 14%. Single-detached starts in the Vancouver CMA were up 15…

What’s Special About Vancouver’s Jameson House Condos?

JUST LISTED! 2306-838 W. Hastings in the heart of Vancouver’s Downtown District and only two blocks to Coal Harbour’s waterfront seawall. Enjoy the 97 Walkscore. Close to luxury shopping, restaurants, coffee shops, supermarket, the cruise ship centre, Vancouver’s convention centre and the business district. Live the Vancouver Lifestyle! This 1750sf spaciously laid out 2 bedroom and den faces north west and has a water, mountain and city view plus a 73sf deck for cocktails! This…

Expert Advice for Vancouver’s Real Estate Buyers and Sellers

Expert Advice for Vancouver Real Estate Sellers and Investors There are two types of Vancouver real estate sellers – those who are investors and those who are owner occupiers. Making the decision about the correct time to sell is much easier for investors, because they are generally doing one side of the transaction. Either they accept the current market conditions – perhaps they are cashing out of the market and retiring – or they wait until…

Vancouver Real Estate Forecast

Since becoming a Realtor in 1981 I have probably seen every possible type of real estate market, ranging from the current very strong seller’s market to the very strong buyer’s market of 2012/ 2013 and the mid to late 1990s, and the worst of all was the dreadful market of the early 1980s when Pierre Trudeau increased interest rates to 20% and many people were faced with the reality of their mortgage term expiring and…

Top Ten Questions Vancouver Real Estate Sellers Should Ask

Top Ten Questions Vancouver Real Estate Sellers Should Ask their Realtor How long have you been in business and are you a full-time Professional? Do you specialize in my neighbourhood and for how long? Do you work with a team and how does that work and who exactly will I be dealing with and are they qualified? What is your average list to sales price ratio compared to REBGV average Do you have current testimonials?…

Why is Vancouver a Good Real Estate Investment?

Why is Vancouver a Good Real Estate Investment? The city’s population is steadily growing. In 2010 there were 600,000 in the city and 2.4M in Greater Vancouver and 4.6M in all of BC. The density factor is about 5,249 pr sq kilometer and is on Pacific Standard Time, so is the closest geographical Province to Asia. Vancouver has a shortage of land It is hemmed in by the mountains on the north, the ocean on…

What Makes Vancouver Special?

What Makes Vancouver Special? Vancouver is a waterfront city with the Coastal Mountain Range as a backdrop – geographically beautiful with a mild climate and it is a cosmopolitan city. The  most spoken languages being English and Chinese. The first Europeans to discover the city were the Spanish in 1791 (a number of streets named after them – Cordova, Cardero, Valdez and Narvaez) and British Captain George Vancouver in 1792 but it took another 100…

What Are the Ten Most Asked Questions by Vancouver Property Sellers ?

Over the last year I started making notes of all the questions Vancouver property sellers ask me and then I organized them into the into the ten most popular ones. Here they are!  What will my home sell for? What price should I list it at? How long will it take to sell? When is the right time to market it? What upgrades should I do? Do I need to stage it? Should I terminate…

How has Vancouver Real Estate Changed Since 1981?

HOW HAS VANCOUVER REAL ESTATE CHANGED SINCE 1981? An offshore investor client recently asked me how long have I been a Realtor and how has Vancouver  real estate change during that time. I replied that I have been a full-time professional since 1981 and the Vancouver that I remember back then is so totally different from the Vancouver we now know. Both the city and the real estate market has undergone a huge change. So…