1. Liability- We live in a culture where people bring law suits at the drop of a hat…can you afford to take on that possibility? A misunderstood statement or a problem not disclosed can lead to big problems. Not only do you open yourself up to litigation, agents do not want to bring their buyers to you. Why? Because you are a liability to them and their clients.
2. Safety- Do you want to open your house up to just anyone? Agents track who is in your home, when, and for how long. They vet potential buyers before those clients enter your house.

Filed under: Developments, Statistics, Vancouver Blog, tips, vancouver | 1 Comment »

With property prices in the Vancouver Real Estate market dropping, many people who bought into pre-sales as a short term investment in the past 2 years are feeling a sense of regret. It may not be long now for us to start hearing news of people walking away from their pre-sale contracts. If you are thinking about walking away from your pre-sale contract here in Vancouver there are a few things to think about before you do….

Can I legally walk away from my pre-sale contract / deposit? 

Filed under: Condos, Developments, Downtown Vancouver, Interest Rates, Statistics, Vancouver Blog, concord pacific, foreclosures, tips, vancouver | 1 Comment »

Yaletown Park 1,2,3 Condos

• 977 Mainland
• 938 Homer
• 909 Mainland

The Yaletown Park Condo development is comprised of 3 towers and an exclusive selection of town homes in the heart of Yaletown Vancouver, BC. Built in 2004 the Yaletown Park Condo development are some of the most sought after properties in Yaletown.

Located at 977, 938 and 909 Mainland St the Yaletown Park condos offer well laid out apartments with fine finishings throughout. Building amenities include fitness centre, concierge, party room, media room & guest suites. Interested to fine out more…?

Filed under: Condos, Developments, Downtown Vancouver, Real Estate investment, Vancouver Blog, Vancouver Open Houses, Vancouver Penthouse, Yaletown, vancouver | No Comments »

Ludus Tours an Olympic Tour company has set up base in Vancouver British Columbia in preparation for the 2010 Olympics. A premier tour company offering competitive accommodation rates along with comprehensive Olympic packages.

Check out the online booking website.  www.vancouvertours2010.com

Filed under: 2010 Olympics, Vancouver Blog, vancouver | No Comments »

Well it’s no secret that the Vancouver Real Estate Market’s jets have certainly cooled. Housing price reductions across Greater Vancouver over the last six months have eliminated price gains witnessed in the first quarter of 2008. Sales of apartment properties in October 2008 declined 52.7 per cent to 647, compared to 1,368 sales in October 2007. 

“Home sales are not keeping pace with the positive economic conditions in BC,” said REBGV president, Dave Watt. “That’s a direct result of a loss of consumer confidence in the overall market. Accordingly, today’s housing market is characterized by moderating home prices and wide selection. It’s definitely a buyer’s market.”

Filed under: Condos, Developments, Downtown Vancouver, Statistics, Vancouver Blog, Yaletown, vancouver | 3 Comments »

On Nov 1st Gordon Campbell brought forth 2 measures in an effort to assist in creating certainty in the B.C housing Market. The first measure is to lock property assessments for 1 year and the second is a property tax deferment program. 

Time will tell if the following shifts will help to create greater consumer confidence in the Vancouver housing market. Below is the official press release of the measures outlined by Premier Gordon Campbell. 

NEW STEPS TO HELP HOMEOWNERS, SENIORS & RURAL RESIDENTS

Filed under: Developments, Statistics, Vancouver Blog, tips | 1 Comment »

The current Vancouver Real Estate market is one that is perfect for trading up. In that we mean, if you have been considering in moving up in the real estate market from a 2 bed to 3 bedroom or from a smaller home to something with a bit more room the current market is a great time to do so…. why you may ask? 

Consider this…

If you were to take 5% less on the sale of your home with an asking price of $800,000 which equals $40,000. Then go purchase your dream home at $1.2 mill at 5% below asking price which equals $60,000 are you ahead?

Filed under: Coal Harbour, Condos, Developments, Downtown Vancouver, Interest Rates, Luxury Real Estate, North Vancouver, Real Estate investment, Statistics, Vancouver Blog, Yaletown, false creek, tips, vancouver | 1 Comment »

No one says it better than Warren Buffet… “When others are being greedy, be fearful. When others are being
 fearful be greedy!” The Berkshire Hathaway CEO follows his own advise as he snapped up several billions in stocks in the last few days. Why is Warren buying when everyone is trying to sell? The simple anwser is the very reason Warren Buffet has become one of the wealthiest investors in the world.

Could the same be said for Vancouver Real Estate? We are seeing the 1st dip in pricing in close to 7 years, with healthy price reductions across all boards savy real estate investors are quietly picking up properties at deeply discounted prices.

Filed under: Condos, Developments, Downtown Vancouver, Interest Rates, Statistics, Vancouver Blog, Yaletown, foreclosures, tips, vancouver | 4 Comments »