THE LAMPLIGHTER – one of the West End's BEST and most coveted CONCRETE high-rises right in the heart of the Sunset Beach/Davie St neighbourhood. This 1 bdrm CORNER unit is located just 2 blocks from the beach, walking distance to Downtown, seawall, shopping & an abundance of restaurants. Tons of natural light with south & west exposure. Open balcony with city and partial water views. Includes a storage locker & parking for $35/month. Refurbished lobby and common areas, recently re-plumbed, renewed parking membrane and landscaping. No rental restrictions! Ideal for a first time home buyer or investor. Well managed building with proactive strata council and onsite caretaker. No pets allowed. Don't miss out on this opportunity!
Huge CONGRATS to my RE/MAX Westcoast office for being awarded the #1 RE/MAX office in the WORLD for sales volume in 2016! Thanks to Richard, Cory & Allison for being the BEST managing brokers!
I started my real estate career about 4.5 years ago with another brokerage. As a new agent, I was feeling a bit lost and wasn't getting the support I needed to help grow my business until an opportunity arose with RE/MAX a few months later. After switching, I noticed a difference as I received training and guidance from other RE/MAX agents. I feel so fortunate to be part of such as reputable brand and thankful that I was welcomed in as part of their family!
My buyers were the success winners in this multiple offer situation. I am SO excited to hand over the keys to their new home in Port Coquitlam! This wonderful townhouse has it all - over 1700sf, 3 bdm, 2.5 baths and near both sets of schools. Congratulations!
The stats from the Real Estate Board of Greater Vancouver have been released for February. While home sales are not happening at the pace we experienced last year, home seller supply is still struggling to keep up with today’s demand - this is the lowest number of new listings registered in February since 2003. This is why we’ve seen little downward pressure on home prices, particularly in the condominium and townhome markets
Please let me know if you have any questions, I look forward to helping you!
Low supply continues to limit Metro Vancouver home buyers
VANCOUVER, BC – March 2, 2017 – Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity throughout the region’s housing market.
Residential home sales in the region totalled 2,425 in February 2017. This is a 41.9 per cent decrease from the record 4,172 homes sold in February 2016 and an increase of 59.2 per cent compared to January 2017 when 1,523 homes sold.
Last month’s sales were 7.7 per cent below the 10-year February sales average.
“February home sales were well below the record-breaking activity from one year ago and in line with our long-term historical average for the month,” Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said. “Limited supply and snowy weather were two factors hampering this activity.”
New listings for detached, attached and apartment properties in Metro Vancouver totalled 3,666 in February 2017. This represents a 36.9 per cent decrease compared to the 5,812 units listed in February 2016 and an 11.4 per cent decrease compared to January 2017 when 4,140 properties were listed.
This is the lowest number of new listings registered in February since 2003.
The total number of properties currently listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver is 7,594, a four per cent increase compared to February 2016 (7,299) and a 4.9 per cent increase compared to January 2017 (7,238).
The region’s sales-to-active listings ratio for February 2017 is 31.9 per cent, a 10-point increase from January. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“While home sales are not happening at the pace we experienced last year, home seller supply is still struggling to keep up with today’s demand. This is why we’ve seen little downward pressure on home prices, particularly in the condominium and townhome markets,” Morrison said.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $906,700. This represents a 2.8 per cent decrease over the past six months and a 1.2 per cent increase compared to January 2017.
Sales of detached properties in February 2017 reached 745, a decrease of 58.1 per cent from the 1,778 detached sales recorded in February 2016. The benchmark price for detached properties is $1,474,200. This represents a 6.5 per cent decrease over the past six months and is unchanged compared to January 2017.
Sales of apartment properties reached 1,275 in February 2017, a decrease of 28.8 per cent compared to the 1,790 sales in February 2016.The benchmark price of an apartment property is $526,300. This represents a 2.3 per cent increase over the past six months and a 2.7 per cent increase compared to January 2017.
Attached property sales in February 2017 totalled 404, a decrease of 33.1 per cent compared to the 604 sales in February 2016. The benchmark price of an attached unit is $675,500. This represents a 0.3 per cent decrease over the past six months and a 1.3 per cent increase compared to January 2017.
I just sold this House at 9651 Thomas Place, "Ashley Meadows" in the Lackner neighbourhood, Richmond, BC "Ashley Meadows" in the Lackner neighbourhood.
Vancouver, BC – February 22, 2017. On the heels of multiple government announcements in 2016 and early 2017, the British Columbia Real Estate Association (BCREA) welcomes the latest: an increase in the Property Transfer Tax exemption threshold for first-time buyers, announced in Budget 2017. The increase, to $500,000 from $475,000, takes effect today.
BCREA appreciates this government’s attention to the needs of first-time homebuyers. To keep pace with the dynamic real estate market and ensure that homebuyers aren’t left behind, the Association strongly believes that this threshold—and all others related to the Property Transfer Tax—should be indexed, with adjustments made annually.
During Minister de Jong’s budget consultation in January, BCREA recommended that the first-time buyer exemption be increased to $750,000. That number would align with the exemption for newly-built homes and with the BC HOME Partnership program. This measure would have expanded consumer choices, because the First Time Home Buyers’ Program exemption applies to all homes, rather than only newly-built homes, which are often out of reach of first-time buyers.
BCREA also looks forward to learning more about the provincial government’s plans to partner with local governments to increase housing supply. Specifically, the Association supports incentives that result in faster housing and development approval processes, as well as increased density of family-oriented homes along transit corridors.
I am so honored and thankful to have earned these 2 Achievement Awards yesterday - Platium Club & RE/MAX Hall of Fame! I am very grateful for the support of my clients, referrals, family & friends over the years.
OPEN HOUSE: SAT/SUN FEB 25 & 26 FROM 2PM TO 4PM 11491 Plover Drive, Richmond (Westwind)
This Saturday and Sunday, Feb 25th & 26th, 2:00 PM to 4:00 PM we will be hosting an Open House at 11491 PLOVER DRIVE in the Westwind neighborhood, Richmond. This is an opportunity to visit this excellent House for sale in beautiful Westwind.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Westwind House for sale.
As always please do not hesitate to give me a call at 604.644.1044 if I can answer any questions before the open house, or if you would like to book a private showing.
Imagine finding a home you love, making an offer, and then finding out there are other competing offers on the table. Ouch. If you’re looking for a property in a competitive market, it is likely that there will be multiple offers. Even just one can create the risk that you’ll lose the home. So how do you make sure your offer is enticing enough to win over the seller? Here are some ideas:
• Find their motivations. To seal the deal, you have to know the seller’s motivations. We’re all motivated by something, and seeing things from the seller’s point of view can help you write a killer offer. Usually it’s one of three things:
The bottom line (aka “money”)
A rush to move/don’t want to drag the selling process out (terms)
Emotional attachment
• Don’t make a low-ball offer. If you do, it might be dismissed and you probably won’t get another chance to bid — especially if the other competing offers are near the listing price.
• Make sure your finances are in order. Have a pre-arranged mortgage and include that with your offer. This reassures the seller there won’t be any money issues. (Most lenders will provide you with a pre-arranged mortgage certificate for this purpose.)
• Be prepared to move fast. When houses are selling fast, you've got to be faster than rival buyers. Do your research ahead of time to hone in on exactly what you're looking for. If you're financially ready to buy, waiting around won't do you much good. Not only do you risk prices going higher, but interest rates as well.
• Give it your best shot. Remember that sometimes you only get one chance. You need to go in with the highest price you are willing to pay and be happy whether you win or lose. This is tricky and requires a savvy knowledge of the current market, your REALTOR® can surely help you with that.
In a competitive situation, working with a REALTOR® who is an expert on the local market — and a skilled negotiator — is crucial. Looking for a REALTOR® like that? Call today.
The latest January stats for Richmond have just been released. Here is a snapshot summary for Single Family Detached Houses, Townhouses and Condos in Richmond. If you would like more details regarding your SPECIFIC neighbourhood, please contact me and I'd be happy to share! (I also have information on other cities too)
Just received this in the mail - excited to have achieved the Medallion Club Award for the 3rd year in a row! This award recognizes the accomplishments of the profession's Top 10% of realtors in the Greater Vancouver area. I am SO thankful for all the incredible people in my life.. my clients, colleagues, family & friends for helping me get here and achieve my goals!
I look forward to another year of doing what I love... assisting you to achieve your real estate goals, please don't hesitate to call me.
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.
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.