Macrealty June 2012 Market Update

June 29th, 2012
After a strong run in the residential real estate market over the past several years, more and more people have begun asking questions about commercial real estate and its viability as an investment product. The answer to this question is that commercial real estate has proven to be a strong, stable investment, especially when compared to the recent volatility in the stock market or the infin ...

Harder to buy as time goes on....Buyers market now but tougher lending rules

June 22nd, 2012

Federal Government Changes to Mortgage Lending

For the fourth time in as many years, the Federal Government has announced action to restrict mortgage credit. The new measures include:
  • The maximum amortization on a prime mortgage will be reduced from 30 to 25 years.
  • Mortgage insurance will not be provided for properties valued over $1 million.
  • Refinancing has been lowered from a maximum of ...

Spring activity remains balanced in the Greater Vancouver housing market

June 22nd, 2012

The number of properties listed for sale continued to increase in the Greater Vancouver housing market in May. The number of sales decreased year over year, but remained relatively constant compared to recent months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,853 on the Multiple Listing Service® (MLS®) in May 2012 ...

Unbelievable Waterfront Bargain!

June 21st, 2012

For the second time in a year, I have sellers who are listing their house at far below what I am recommending..... In this case they are dropping their price by $300,000 to make this home one that I would like to buy myself-to live in-as it is much better than my house and even at the current price, prior to the $300k price reduction, is good value.

It is on my street, in a better location, wi ...

West Vancouver Howe Sound Waterfront Property For Sale - 12 Strachan Point Rd, Lions Bay

June 18th, 2012

Fabulous waterfront Oasis! This property is amazing - the pot of gold at the end of a very quiet road. Lovely flat lot with great beach area and unbeatable view. The house has a unique design which could be beautiful with some updates...or build your dream home - away from it all but very close to everything! Ski Whistler in the morning; stop by your waterfront home for a swim in the afternoo ...

West Vancouver Homes For Sale – May 2012

June 8th, 2012
There are currently 542 single family homes for sale in the West Vancouver area.

Price Range

These 542 homes range in price from $289,000 for a 1 bedroom home at # Lot 3 Hollyburn Mountain to $37,900,000 for a 5 bedroom, 34,380 square foot home at 3810 Marine Drive.

Current Listings

Of the current 542 homes for sale 175 have been listed in the month of May 2012 ranging in price from $1,43 ...

Face the World Foundation 2012 Gala UBC Vancouver

June 5th, 2012
Face the World Foundation 2012 Gala UBC Vancouver

It was fabulous - lots of great people, food, my favorite champagne and if I had stayed away from the silent auction table it may not have bankrupted me!

All for some excellent charitable causes and a limo tour for wine tasting in Washington will be fun!

And of course for me the extra benefit of seeing some lovely real estate while enjoying the e ...