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Spring is around the corner and the market is heating up!

 

Thank you all for your referrals and your repeat business. This is proving to be a very active year so far. Please remember we are here to answer any of your questions concerning your real estate investment. Also, we would like to remind you that we have a list of professionals that we highly recommend on our website under "Business Directory." If you are thinking of remortgaging, painting, putting on a new roof or renovating we have people that will take care of you in the same way that we do.

 

The real estate board has improved the statistic program. It is much more detailed by area and covers the last 5 years. Just give us a call and we would be happy to discuss the variations with you over the last 5 years in your area.

 

February Stats from the Real Estate Board of Greater Vancouver:

  • The sales-to-active listing ratio of over 18% means we are seeing fairly balanced conditions in our market place as we move into the traditionally busy spring season.
  • Last months listing count was the 2nd highest February total in Greater Vancouver since 1996.
  • There are 14,050 residential properties listed on the MLS which is a 12% increase over January 2012
  • Pricing can vary considerably depending on the neighbourhood and the property type.
  • Benchmark price for all residential properties in REBGV sits at $670,900 - up 6% from February 2011
  • Benchmark price for all residential in the Lower Mainland is $601,300 an increase of 6.5% from February 2011
  • Benchmark price for Detached: $1,042,900 - 10.5% increase from February 2011
  • Benchmark price for Attached Properites: $472,800 - 0.7% increase between February 2011 & 2012
  • Benchmark price for Condo Properties: $373,300 - increased 2.8% from February 2011

What you may find interesting about Canada's Housing Market!

 

This information is very interesting as we know that we live in somewhat of a bubble in British Columbia wiht home prices. These figures represent Canada's Housing Market - worth a read! Download a copy HERE!

  • more than 90% of Canadians see real estate as a good investment
  • Buyers 25-34 make up 60% of first time buyers / 35-49 make up 25% of the first time buyers market
  • 31% of Canadian first time buyers will look at 10 homes before purchasing
  • $150,000 is the average outstanding principal on a mortgage
  • 72% of Canadians with mortgages aspire to be mortgage free by 65 years of age.

Oh and by the way,.......if you know of someone who would appreciate the level of service we provide, please give us a call with their name and number. We will be happy to follow up and take great care of them. Don't forget our appreciation of $500.00 for each successful referral!

Read

What you may find interesting about Canada's Housing Market!

 

This information is very interesting as we know that we live in somewhat of a bubble in British Columbia wiht home prices. These figures represent Canada's Housing Market - worth a read! Download a copy HERE!

  • more than 90% of Canadians see real estate as a good investment
  • Buyers 25-34 make up 60% of first time buyers / 35-49 make up 25% of the first time buyers market
  • 31% of Canadian first time buyers will look at 10 homes before purchasing
  • $150,000 is the average outstanding principal on a mortgage
  • 72% of Canadians with mortgages aspire to be mortgage free by 65 years of age.
Read

I have listed a new property at 1407 280 ROSS DR in New Westminster.
Upscale - designer concrete highrise home! Open plan/perfect for entertaining. Gourmet kitchen w/gas stove, granite counter & stainless steel appliances. Tons of counter & cupboard space- pull up to the eating bar at counter! Dining rm flows from kitchen to lvng rm making it easy to accomodate a lge dinette suite. Living rm is a nice size with f/p & boasts tons of natural light from floor to ceiling patio doors. Bdrm accomodates a king size bd & has sliders to the massive patio (21x6) overlooking green space. 4 pce bth - granite counters / soaker tub. Foyer/kitchen/bathrm w/designer tile. Lge closets w/organizers. Close to transporation & parks. 1 pking space, designer paint, in-suite front loading waser/dryer. EAsy to show!
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I have listed a new property at 3494 20TH AVE W in Vancouver.
Gorgeous south east corner lot! This character home offers tons of flexibility! Original hardwood floors on main. Easy entertaining w/open kitchen & dining rm plan. Kitchen:has newer cabinets, stainless steel appliances,breakfast bar.Solarium style eating area also off the kitchen. Living rm is lovely w/gas FP & windows galore. Fam rm has French doors opening to lge deck & mature treed lot. Office could be converted back to a bdrm. Upstairs: 3 bdrms, 5 pce bathrm, lge master w/great closet space/built-ins & a private balcony. Down is the perfect in-law suite or family rec rm, bdrm, storage & kitchen area. Close to parks, shopping & transportation. School catchment: Kitchener/Lord Byng. Open House: March 24/25th 2-4 pm
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I have listed a new property at 1316 CAMELLIA CRT in Coquitlam.
This home has it all - quiet street for kids to play, awesome views, huge rms, upgrades & in-law suite. The perfect entertainers home/gourmet kitchen (granite counters, Bosch oven/Kitchenaid cooktop) eating are opens to lge fam rm w/recessed TV area & gas F/P. Elegant lvg rm w/gas F/P. Grand dining rm w/French drs leading to lge deck area overlooking a professionally manicured yard. Laundry, powder rm & bdrm incl. on main. Upper: master bdrm w/bay windows, gas F/P w/mantel, extra lge walk-in closet & 5 pce spa style ensuite, 3 lge bedrooms & 5 pce bath. Lower level complete w/1 bdrm suite, super sized storage area and den - pls covered patio area. Roof 5 years/new hot H20 tank. Opens Sat & Sun March 24 & 25th - 1-3 pm.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.