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Statistics |
| Unique Visitors: 7 |
| Total Unique Visitors: 49793 |
| Visitors Out: 492 |
| Total Visitors Out: 492 |
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| International buyers eye Canadian real estate |
| 2008-05-10 16:01:00 |
Canada's dollar has had its strongest performance in years. From a record low of 62 cents on the U.S. dollar in January 2002, the currency now matches the U.S. greenback in value. And the second-home housing market at the high end, in places like Victoria on Vancouver Island and Chester, Nova Scotia, is flourishing.Who's buying? Along with affluent Americans unaffected by the recession, Europeans looking for more remote luxury destinations are also finding second homes in Canada. U.K.-based real...
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| Why I will always buy real estate |
| 2008-05-06 04:49:00 |
So, take it easy. If you had listened to the experts who were dispensing the best advice available 20 years ago and locked yourself and your wealth into a plan which guaranteed to remit the then prevailing 'safe amount' of an income stream of $500 per month (a lot back then - pocket-change today) for the rest of your life, imagine the desperate poverty that you would retire to today. Stone soup would be a luxury.Yes, we need more money now but who knows what this money will be worth tomorrow. Ye...
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| First-time buyers find way to get a home |
| 2008-04-23 10:15:00 |
Despite continuously rising prices, first-time homebuyers are still finding ways to get into the market, real estate firm Re/Max said in a report Tuesday.Even if it means sacrifices such as purchasing a smaller property, taking longer to pay it off, or living in a less-than-ideal location, buyers "remain steadfast in their determination to purchase a home," the report said.In B.C., that is still translating into some multiple offers, and homes selling over asking price, said Karel Palla of Vanco...
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| Vancouver real-estate marketer Bob Rennie promotes density |
| 2008-04-15 11:21:00 |
Last spring, Metro Vancouver released a report suggesting that members of entire employment categories—including police officers and nurses—would have trouble buying their first home in the region at their current income level, assuming a 10-percent down payment and an interest rate of 4.4 percent. For Rennie, one of the keys is increasing densities and allowing the benefits to be passed along to consumers. But he worries that Vancouver’s EcoDensity Initiative (for more, see page 39) m...
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| UBC students set to highlight Vancouver housing problems to UN |
| 2008-04-10 15:40:00 |
A class tour of Vancouver’s impoverished Downtown Eastside has led two UBC students to draft a human-rights complaint that will be filed against Canada before the United Nations. The complaint will be brought before the UN Human Rights Council by the Impact on Community Coalition, Pivot Legal Society, and the Carnegie Community Action Project. These groups have been critical of the adverse impact of the 2010 Olympics on housing. “This is just disheartening,” UBC political-science s...
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| B.C. board brings in alert system for Realtors |
| 2008-04-01 16:06:00 |
VANCOUVER -- The Vancouver Island Real Estate Board is set to unveil a safety system that allows agents to warn one another and police about suspicious clients almost instantly, after being hampered by nearly three years of technical setbacks. The announcement, scheduled for tomorrow, comes after Lindsay Buziak, a 24-year-old Victoria real estate agent, was found stabbed to death last month inside an empty house she was showing. Ms. Buziak received two suspicious phone calls in the early evening...
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| Western Real Estate May be Headed For Correction |
| 2008-03-25 04:18:00 |
Ottawa – Canada’s westernmost provinces are flirting with a Estate">real estate price correction as housing affordability across the country reaches its worst level in 18 years, according to an RBC economist. “We could draw a line at the Manitoba-Saskatchewan border, said assistant chief economist Derek Holt as he discussed the results of RBC’s annual study of housing affordability.“Everywhere east of there is not likely to be in a bubble situation, but west of that border we’re definitely ...
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| Heritage Vancouver has pulled out the big guns |
| 2008-03-17 06:28:00 |
At the top of the list is the iconic art deco Burrard Bridge, completed in 1932, which has earned a spot on the list for the past six years because the city is pushing to overhaul its look with outer bike lanes, known as outriggers. It's akin to placing a stainless steel hula-hoop over your grandmother's ball gown, Heritage Vancouver notes dryly. Second on the list are about 40 to 60 of the city's historic public schools, which continue to be threatened with demolition as part of a seismic upgra...
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| Real estate experts recommend only signing pre-sale deals |
| 2008-03-10 19:23:00 |
The condos were being built by Divergent Environments, a Victoria-based company, whose website says it has 16 years of development experience in Western Canada, including at least four condominium projects. One of the disappointed Willows buyers is Heather Brown, who until recently lived in an upscale condo in North Vancouver. After retiring, Brown wanted to live a less stressful life. So, with the aim of retiring in the Okanagan, she signed a pre-sale agreement for one of the Willows condomi...
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| Vancouver real-estate prices have skyrocketed |
| 2008-03-05 16:53:00 |
One of the more interesting sub-debates is whether creating more density is going to make things affordable. Opponents point out that Vancouver real-estate prices have skyrocketed even while it has been adding phenomenal density to the city. Jeannette Jones from the east side pointed out that townhouses in her neighbourhood are now selling for $500-600,000.Mortenson also provided an interesting stat. He noted that downtown Vancouver has only five per cent of the city’s total land, but houses 1...
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| Smaller lot sizes to boost home affordability |
| 2008-03-02 16:27:00 |
In Vancouver, Campbell said, reducing the frontage for single-family homes to 10 metres could knock $200,000 to $300,000 off the asking price of a home.Campbell, a former property developer, also said new compact housing types, green communities and reduced urban sprawl will contribute to a long-term reduction in the cost of housing in the province."Land is very expensive," said Peter Simpson, CEO of the Greater Vancouver Home Builders' Association. "Over the last decade, there's been a dramatic...
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| Vancouver still safe to enter the condo pre-sale market |
| 2008-02-26 14:34:00 |
Real estate developers in Vancouver say it's still safe to enter the condo pre-sale market. Developers at the B.C. Real Estate Convention in downtown Vancouver say problems like those encountered by The Sophia's developer are rare. The Sophia is in receivership now, but other developers like Cindy Park with Polygon Homes, say it's an isolated incident. "Polygon's been building homes for the last 27 years. We're very good at guess-timating and also being aware of construction costs and other issu...
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| Can you afford a $500,000 home in Vancouver? |
| 2008-02-22 16:22:00 |
Regardless if you are a developer, a policy maker, an agent, a seller or a first or seasoned home buyer, you will benefit from one of the many different facets of the BC Real Estate Convention. And who knows, you may walk away with a new home or investment. Admission is free, free seminars: open to the public. We are expecting and international crowd.The BC Real Estate Convention is hosted by the Buyou Realty Network, a referral network group formed of professional realtors. You are in the marke...
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| Vancouver lsand Housing Starts Drop in January |
| 2008-02-18 02:09:00 |
This past January saw fewer houses being built then the same month last year. This is in contrast to the national scene where new home construction is up more than 20%. Is it starting to cool off? Or is it taking a breather? Over the past few years we have seen a boom in new housing starts in Victoria BC. One has to expect that the trend can’t continue for ever. In January there were 317 new homes under construction compared to 348 in January 2007 the Canadian Housing and Mortgage Corp said on...
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| GE Real Estate Takes Lead in $50 Million Refinancing to Vancouver Film Studios |
| 2008-02-14 00:07:00 |
"GE Real Estate is proud to be a financial partner with Vancouver FilmStudios," commented Alexandre Sieber, Vice President & General Manager of GEReal Estate's Business Property division. "We were able to quickly executethis transaction despite its complexity, and Vancouver Film Studios iswell-positioned to capitalize on growing market demand." Added Sieber,"This investment supports our strategy to further strengthen GE'spresence throughout the rapidly growing region of British Columbia and...
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| Vancouver listed properties for sale |
| 2008-02-07 03:19:00 |
Adamache added that sales in the Real Estate Board of Greater Vancouver's region, which takes in most of Metro Vancouver except for Surrey and includes Squamish, Whistler, Pemberton and some of the Sunshine Coast, are still strong.She said that over recent months, homes on average sold for 98 per cent of their asking price, "which is still strong sellers story."
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| Americans still buy B.C. real estate |
| 2008-02-02 17:17:00 |
“American buyers are still coming here,†Nielsen told the Georgia Straight. “There’s still a great demand for Washington guys to drive up to B.C. and get some great skiing, some fishing, and even some of our golf. So they’re still buying recreational land.†The veteran realtor, who has been in the property market for more than 40 years, also said that the sales volume being generated by his company doesn’t indicate a slowdown in terms of American purchases of recreational prope...
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| Victoria housing among world's most costly |
| 2008-01-30 19:39:00 |
Victoria, Vancouver and Kelowna all made the top 25 of the least affordable housing markets in the world, according to the fourth annual Demographia International Housing Affordability Survey.The survey compiled by consultant Wendell Cox, a senior fellow at the Frontier Centre for Public Policy, and Hugh Pavletich, a property investment manager in New Zealand, rates cities using a measurement tool called a median multiple.
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| Many Canadians look to Arizona for investment and recreational properties |
| 2008-01-26 06:52:00 |
Arizona offers great value and lifestyle. "People who invest now in prime Arizona real estate have little downside risk and a lot of upside," says Jim Pielemeier, an Arizona real estate investor, broker, developer andproperty manager (in both commercial and residential) with 30 plus years of experience."Sophisticated investors know the importance of timing and avoid guessing the top or bottom of a market," Pielemeier says.
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| Real estate expected to do well |
| 2008-01-24 15:38:00 |
Doher said the past three years have been good for his business. "And I don't see why 2008 will be any different," he said. "I'm not looking back - I'm looking forward with great optimism." Kovacs said Chatham-Kent isn't affected by the huge swings in market prices that often occur in major centres such as Toronto, Montreal, Calgary and Vancouver.
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| December 2007 Statistics Show Market Still Strong |
| 2008-01-22 03:33:00 |
Prices were up across the region and sales activity was at near record levels with 38,050 units sold across the Metro / Greater Vancouver region (up 7.2% over 2007 and down from the record 40,530 units sold in 2005).”The continued strength of the real estate market is a reflection of the economic vitality seen throughout the province
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| The big stinking steaming heap of debt |
| 2008-01-19 00:24:00 |
So far the Vancouver real estate market has escaped any of the contagion spreading across the border. How long will that last? Even in the US itself, housing prices in some local markets (such as Seattle and Portland) continue to rise. Together, easily accessible credit and massive wasteful public investments (the Convention Centre, the RAV Line, various Olympic investments, Gateway Project, the Sea-to-Sky Highway) have kept Vancouver's economy flush for the past five years.
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| Vancouver house prices can't keep rising forever |
| 2008-01-14 18:27:00 |
While Vancouver's downtown real estate market may be immune from global economic forces, it has a market depth, especially for luxury real estate, probably deeper than most other B.C. markets.Perhaps the Okanagan is also a market unto itself, somewhat immune from outside economic forces. Albertan oil money has had a huge impact on fuelling demand for properties in Kelowna, Penticton and Osoyoos.
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| Northern B.C. real estate sales slip in 2007 following record year |
| 2008-01-09 09:33:00 |
VANCOUVER - Northern B.C. real estate sales last year fell 5.9 per cent below the record set in 2006 but the total value of all sales still hit a record $1.2 billion, the B.C. Northern Real Estate Board reported Friday.The board said 6,639 Multiple Listing Service sales occurred last year, down from 7,055 in 2006 but still higher than the previous record of 6,344 sales in 2005.The total value of 2007 sales was 13.6-per-cent higher than 2006 and 47-per-cent higher than 2005
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| Real estate prices rise again in Lower Mainland |
| 2008-01-02 11:26:00 |
VANCOUVER - Estate">Real estate sales rose in communities across the Lower Mainland in November, with Metro Vancouver approaching a level not seen since 2005.The Real Estate Board of Greater Vancouver, which covers Metro Vancouver, and the Sea-to-Sky region, saw 2,883 Multiple-Listing-Service-registered sales, a 22-per-cent increase from November, 2006, and just slightly below 200.
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| A plan to end Vancouver's theatrical brain drain |
| 2008-01-01 10:29:00 |
MARSHA LEDERMAN January 1, 2008 VANCOUVER -- University of British Columbia theatre-design professor Robert Gardiner is tired of seeing his students leave Vancouver for more lucrative and dynamic pastures such as Toronto and Los Angeles, tired of seeing local theatre companies struggle for rehearsal and production space, and anxious to see Vancouver get on the
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| According to the United Nations Quality-of-Life Survey |
| 2008-01-01 07:10:00 |
Enjoy our high standard of living, unparalleled healthcare, safe streets, great beaches, world-class ski resorts, magnificent mountains, wonderful weather, and friendly people. With the Winter Olympics coming in 2010 and with changing demographics, it's about to get even more popular. The population of metropolitan Vancouver will grow by more than 42% to 3.4 million people during the next 25 years. This website brings you Greater Vancouver real estate at its finest! View lots of great potential homes. Please feel free to email me directly for a quick response to your inquiries.
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| Vancouver Real Estate |
| 2007-12-31 12:52:00 |
The Vancouver Estate">real estate market is extremely active! And with the revving economy in BC and the Olympics coming to Vancouver in 2010 the market is expected to remain active. Selecting the right Realtor is crucial to obtaining optimum results in your real estate transactions. Contact leading Realtor and relocation/investor specialist CHRISTINE LOUW B.A.,LL.B. of RE/MAX Select Properties at 604 926 3936 or at christinelouw@shaw.ca for superior results when selling or buying Vancouver real estate. Click on Properties to view maps, feature listings as well as MLS listings of houses, townhouses and apartments or condos in Vancouver, West Vancouver and No
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| 2007 a record-breaking year |
| 2007-12-31 07:35:00 |
IT was billed as the largest commercial real estate transaction in the province's history, and last March's sale of the Sun-X Properties industrial portfolio proved to be a harbinger of the record-breaking year 2007 would be for Winnipeg's commercial real estate sector. Colliers Pratt McGarry, a local real estate firm that tracks commercial property sales valued at $1 million or more, said there were more than $700 million worth of those transactions in the city in 2007. "Our best year previous to this was probably somewhere between $475 million and $480 million," Don White, an investment broker with the firm, said in an interview. "So it's a significant jump in sales volumes. And it was for all product types -- apartme
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