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I just finished uploading this Condo for sale, 108 9399 ALEXANDRA ROAD, West Cambie, Richmond, BC

ALEXANDRA COURT by Polygon - a collection of sophisticated urban apartment residences in Richmond's shopping & dining district! Spacious 2 bdrm + den ground floor unit with a townhome feel & a big patio (2nd entrance). Included 1 parking (additional parking right outside your unit) & 1 locker. MOVE IN READY featuring geothermal heating/cooling & 9' ceilings! Modern kitchen: over-height flat panel cabinetry w/ integrated fridge & dishwasher, quartz counters & gas stove. Good bdrm separation - master has a w/i closet w/ a spa like ensuite. Amazing resort style amenities! 12,000 SF clubhouse w/ pool, gym, games & media room, guest suite & more! Unbeatable location just steps to Walmart complex, restaurants, Kwantlen University, Mall & Canada line. Wheelchair accessible. OPEN Mar 14/15 2-4pm

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New property listed in Brighouse, Richmond
I have listed a new property at 1108 7328 GOLLNER AVE in Richmond.
CARRERA by Polygon - a collection of exclusive parkside residences right in the heart of downtown Richmond. Super convenient just steps to Richmond Centre Mall yet situated in a quiet area right next to Minoru Park! This 2 bdrm, 2 bath east facing unit to the courtyard has views of Grouse Mountain! Featuring A/C, gourmet kitchen with Bosch gas cooktop & quartz counters. Private wrap around patio – great for BBQing! Master features a walk in closet with custom closet organizers & a spa like ensuite. Enjoy over 5,800sf of Clubhouse amenities: fitness studio, Social lounge, big patio area with BBQ & terrace garden with water feature. Steps to the Aquatic Centre & Arenas, Library, skytrain, Community Centre, shopping & tons of restaurants! 1 parking & 1 locker. No pets. OPEN HOUSE Mar 8 2-4pm
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New property listed in Downtown VW, Vancouver West
I have listed a new property at 2505 501 PACIFIC ST in Vancouver.
DON’T MISS THIS ONE! Enjoy spectacular OCEAN & MOUNTAIN VIEWS plus gorgeous SUNSETS from this immaculately maintained Junior one bdrm at “The 501”! Featuring a large functional kitchen w/ granite counters & gas stove, cozy gas f/p, insuite laundry & numerous built ins. Den is great for a work space or even a walk in closet. Facing west this unit is bright w/ floor to ceiling windows! 1 parking & 1 LARGE locker included. Superb Amenities: Indoor/outdoor pool, hot tub, sauna, onsite concierge, guest suite, games & theatre room, gym & volleyball court. Perfect for FIRST TIME HOME BUYERS & INVESTORS! 2 pets allowed. Prime YALETOWN living just steps to the False Creek Seawall, George Wainborn Park, Skytrain, Choices, Urban Fare, boutique shopping & tons of restaurants! OPEN HOUSE Sat, Mar 7 2-4pm
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Open House. Open House on Sunday, March 8, 2020 2:00PM - 4:00PM
Please visit our Open House at 1108 7328 GOLLNER AVE in Richmond.
Open House on Sunday, March 8, 2020 2:00PM - 4:00PM
CARRERA by Polygon - a collection of exclusive parkside residences right in the heart of downtown Richmond. Super convenient just steps to Richmond Centre Mall yet situated in a quiet area right next to Minoru Park! This 2 bdrm, 2 bath east facing unit to the courtyard has views of Grouse Mountain! Featuring A/C, gourmet kitchen with Bosch gas cooktop & quartz counters. Private wrap around patio – great for BBQing! Master features a walk in closet with custom closet organizers & a spa like ensuite. Enjoy over 5,800sf of Clubhouse amenities: fitness studio, Social lounge, big patio area with BBQ & terrace garden with water feature. Steps to the Aquatic Centre & Arenas, Library, skytrain, Community Centre, shopping & tons of restaurants! 1 parking & 1 locker. No pets. OPEN HOUSE Mar 8 2-4pm
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Open House. Open House on Saturday, March 7, 2020 2:00PM - 4:00PM
Please visit our Open House at 2505 501 PACIFIC ST in Vancouver.
Open House on Saturday, March 7, 2020 2:00PM - 4:00PM
DON’T MISS THIS ONE! Enjoy spectacular OCEAN & MOUNTAIN VIEWS plus gorgeous SUNSETS from this immaculately maintained Junior one bdrm at “The 501”! Featuring a large functional kitchen w/ granite counters & gas stove, cozy gas f/p, insuite laundry & numerous built ins. Den is great for a work space or even a walk in closet. Facing west this unit is bright w/ floor to ceiling windows! 1 parking & 1 LARGE locker included. Superb Amenities: Indoor/outdoor pool, hot tub, sauna, onsite concierge, guest suite, games & theatre room, gym & volleyball court. Perfect for FIRST TIME HOME BUYERS & INVESTORS! 2 pets allowed. Prime YALETOWN living just steps to the False Creek Seawall, George Wainborn Park, Skytrain, Choices, Urban Fare, boutique shopping & tons of restaurants! OPEN HOUSE Sat, Mar 7 2-4pm
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I just finished uploading this Condo for sale, 1108 7328 GOLLNER AVENUE, Brighouse, Richmond, BC

CARRERA by Polygon - a collection of exclusive parkside residences right in the heart of downtown Richmond. Super convenient just steps to Richmond Centre Mall yet situated in a quiet area right next to Minoru Park! This 2 bdrm, 2 bath east facing unit to the courtyard has views of Grouse Mountain! Featuring A/C, gourmet kitchen with Bosch gas cooktop & quartz counters. Private wrap around patio – great for BBQing! Master features a walk in closet with custom closet organizers & a spa like ensuite. Enjoy over 5,800sf of Clubhouse amenities: fitness studio, Social lounge, big patio area with BBQ & terrace garden with water feature. Steps to the Aquatic Centre & Arenas, Library, skytrain, Community Centre, shopping & tons of restaurants! 1 parking & 1 locker. No pets. OPEN HOUSE Mar 8 2-4p

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February 4, 2020

Home sale activity up, supply down to start 2020

 

Home sale and price activity remained steady in Metro Vancouver to start 2020 while home listing activity declined in January.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and a 22.1 per cent decrease from the 2,016 homes sold in December 2019.

 

Last month’s sales were 7.3 per cent below the 10-year January sales average.

 

“We’ve begun 2020 with steady home buyer demand that tracks close to the region’s long-term average,” Ashley Smith, REBGV president said. “Looking at supply, we’re seeing fewer homes listed for sale than is typical for this time of year. As we approach the traditionally more active spring market, we’ll keep a close eye on supply to see if the number of homes being listed is keeping pace with demand.”

 

There were 3,872 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2020. This represents a 20.1 per cent decrease compared to the 4,848 homes listed in January 2019 and a 143.8 per cent increase compared to December 2019 when 1,588 homes were listed.

 

Last month’s new listings were 17.4 per cent below January’s 10-year average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,617, a 20.3 per cent decrease compared to January 2019 (10,808) and a 0.2 per cent increase compared to December 2019 (8,603), and is 13.7 per cent below the 10-year January average.

 

For all property types, the sales-to-active listings ratio for January 2020 is 18.2 per cent. By property type, the ratio is 11.6 per cent for detached homes, 22.6 per cent for townhomes, and 23.9 per cent for apartments.

 

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

 

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,008,700. This represents a 1.2 per cent decrease over January 2019, a 1.4 per cent increase over the past six months, and a 0.8 per cent increase compared to December 2019.

 

Sales of detached homes in January 2020 reached 439, a 29.5 per cent increase from the 339 detached sales recorded in January 2019. The benchmark price for detached properties is $1,431,200. This represents a 1.7 per cent decrease from January 2019, a one per cent increase over the past six months, and a 0.5 per cent increase compared to December 2019.

 

Sales of apartment homes reached 814 in January 2020, a 45.6 per cent increase compared to the 559 sales in January 2019. The benchmark price of an apartment property is $663,200. This represents a one per cent decrease from January 2019, a 1.5 per cent increase over the past six months, and a one per cent increase compared to December 2019.

 

Attached home sales in January 2020 totalled 318, a 55.1 per cent increase compared to the 205 sales in January 2019. The benchmark price of an attached unit is $782,500. This represents a 0.7 per cent decrease from January 2019, a 1.6 per cent increase over the past six months, and a 0.5 per cent increase compared to December 2019.

 

Download the January 2020 stats package

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12 Tips Before You Leave for the Holidays

Leaving your home during the holidays? Follow these tips to keep it safe and save a few bucks on bills while you’re gone.

1. Put mail on hold

An overstuffed mailbox or a pile of newspapers at the bottom of your driveway can be an invitation to thieves. Not only is it a sign that no one’s home, identity thieves can find all sorts of goodies while sorting through unattended mail. Go to usps.com to have the US Postal Service hold your mail, and also check on your options for holding newspaper delivery.

2. Put lights on a timer

It makes it appear that someone is home. If you can, switch your exterior lights to the “motion-activated” setting.

3. Check batteries

Make sure the batteries are fresh in your smoke alarms and that they function.

4. Remove valuables

Hiding your jewelry is always an option, but when you’re gone for several days, thieves have more time to hunt through the house. If you can, place jewelry and important documents in a safety deposit box or home safe.

5. Grab your spare key

Bring inside any keys that are hidden outside. You can give one to a neighbor along with your contact information where you'll be, just in case there's an emergency.

7. Unplug

Your electronics will still suck energy while you’re gone. Unplug the biggies, like your TV and computer.

8. Don't advertise your trip online

At least until you return, when it’s safe to make your Facebook friends jealous with photos from your holiday beach vacation. Don’t post the dates when you’re leaving your house vacant.

9. Switch your water heater to “vacation” mode

It won’t turn off completely, but it will still save energy.

10. Lower your thermostat

Keep it warm enough to prevent the pipes – and the goldfish – from freezing. Your energy company can recommend a temperature that’s appropriate for your climate.

11. Deodorize the sink

To avoid returning to a kitchen disposal that belches up the stench of your pre-vacation dinner, run it with a half-cup of vinegar, or lemon peels and ice cubes, before you leave. To keep things smelling fresh, it’s also a good idea to throw out any food that will go bad while you’re gone and make sure to take out any trash.

12.  Bleach the bowl

Dump half a cup of chlorine bleach into your toilet bowl to prevent mineral stains from developing.

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I just finished uploading this Townhouse for sale, 1 6031 FRANCIS ROAD, Woodwards, Richmond, BC

Rarely available Francis Court! Feels like a house! Duplex style end unit townhome, Quality built by Siperko and Innes. Lots of windows, good size private yard, side by side double garage. Main floor has large kitchen with separate eating area, formal dining room, oversized living room, a bedroom and a full bathroom. it has had many renovations done, paint throughout, laminate flooring, carpet, light fixtures, granite countertops ,and new bathrooms. Open house 2pm to 4pm Dec 9&10.

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The stats from the Real Estate Board of Greater Vancouver have been released for October. Please take a read below and let me know if you have any questions!

 

Home Buyer Activity Increases in October

VANCOUVER, BC – November 4, 2019 – The Metro Vancouver housing market is experiencing a fall pickup in home sale activity.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in September 2019.

Last month’s sales were 9.8 per cent above the 10-year October sales average.

“Home buyers have more confidence today than we saw in the first half of the year,” says Ashley Smith, REBGV president. “With prices edging down over the last year and interest rates remaining low, hopeful home buyers are becoming more active this fall.”

There were 4,074 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2019. This represents a 16.4 per cent decrease compared to the 4,873 homes listed in October 2018 and a 16.3 per cent decrease compared to September 2019 when 4,866 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,236, a 5.8 per cent decrease compared to October 2018 (12,984) and a nine per cent decrease compared to September 2019 (13,439).

For all property types, the sales-to-active listings ratio for October 2019 is 23.4 per cent. By property type, the ratio is 17.3 per cent for detached homes, 26.2 per cent for townhomes, and 29 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“The recent uptick in home sales is moving us into a more historically typical market,” Smith said. “Both sale and listing activity is trending around our long-term averages in recent months.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $992,900. This represents a 6.4 per cent decrease from October 2018, a 1.7 per cent decrease over the past six months, and a 0.2 per cent increase compared to September 2019.

Sales of detached homes in October 2019 reached 938, a 47.3 per cent increase from the 637 detached sales recorded in October 2018. The benchmark price for a detached home is $1,410,500. This represents a 7.5 per cent decrease from October 2018, a 1.3 per cent decrease over the past six months, and a 0.3 per cent increase compared to September 2019.

Sales of apartment homes reached 1,384 in October 2019, a 40.5 per cent increase compared to the 985 sales in October 2018. The benchmark price of an apartment home is $652,500. This represents a 5.9 per cent decrease from October 2018, a 2.2 per cent decrease over the past six months, and a 0.2 per cent increase compared to September 2019.

Attached home sales in October 2019 totalled 536, a 55.8 per cent increase compared to the 344 sales in October 2018. The benchmark price of an attached home is $771,600. This represents a 5.8 per cent decrease from October 2018, a 0.4 per cent decrease over the past six months, and a 0.5 per cent increase compared to September 2019.

Click here to download the complete stats package.

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I just finished uploading this House for sale, 9611 MCBURNEY DRIVE, Garden City, Richmond, BC

Situated on a beautiful tree-lined street, this is the PERFECT FAMILY HOME. Completely upgraded in 2018, this 2 storey, 2,408 SF 4/5 bdrm, 2.5 bath home sits on a 6,577 SF lot WALKING DISTANCE to Garden City Plaza Shopping Centre, Howard De Beck Elementary & Palmer Secondary. Spacious & bright featuring a gorgeous kitchen with quartz counters, breakfast bar, s/s appliances & new flooring. Massive fenced backyard with new paver stone patio - perfect for entertaining! Plenty of yard space for kids & pets to enjoy or for those who love to garden. Fresh paint, double glazed windows, 3 remodelled baths PLUS a double garage. Upstairs features 4 bdrms (Huge Master with walk-in closet) + Games Room with closets (could be used as a 5th bdrm). MOVE IN READY! Open House Nov 2 & 3 2-4pm

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