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Thursday, April 17, 2014

New property listed in Fleetwood Tynehead, Surrey

I have listed a new property at 69 8775 161ST ST in Surrey.
"THE BALLANTYNE" Sought after Polygon built complex in the heart of Fleetwood with 2 large bedrooms. Features an open floor plan with PATIO off the kitchen, perfect for those summer bbq's. The living room has a cozy gas FIREPLACE. Comeswith 2 covered parking, a single garage plus a carport. There is a storage room and many visitor parking stalls right out front. Complex features a clubhouse and playground. Located close to schools, shopping, transportation, restaurants, transit, Hwy 1, library & leisure centre. Call for your private tour of this amazing home!
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Wednesday, April 16, 2014

Open House. Open House on Saturday, April 19, 2014 11:00 am - 12:00 pm

Please visit our Open House at 1405 9623 MANCHESTER DR in Burnaby.
Open House on Saturday, April 19, 2014 11:00 am - 12:00 pm
VIEW VIEW VIEW! Sub-PENTHOUSE 2 bedroom suite has amazing unobstructed city and mountain views. Very spacious with 2 separate bedrooms, 2 bathrooms, a gas fireplace and private balcony. The chestnut hardwood floors are gleaming andexcellent quality. There is in-suite laundry, 2 parking stalls and a storage locker. The common area has an outdoor swimming pool and tennis courts, indoor Hot tub, sauna and gym. Walking distance to Lougheed Mall, Skytrain and plenty of shops and restaurants. Rentals and pets allowed, 1 dog or 2 cats. Showings are only on Saturday and Sunday. No Weekday viewings.
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Wednesday, April 9, 2014

New property listed in False Creek, Vancouver West

I have listed a new property at 214 1635 3RD AVE W in Vancouver.
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Wednesday, April 9, 2014

Open House. Open House on Saturday, April 12, 2014 2:00 pm - 4:00 pm

Please visit our Open House at 214 1635 3RD AVE W in Vancouver.
Open House on Saturday, April 12, 2014 2:00 pm - 4:00 pm
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Tuesday, April 8, 2014

Real Estate Statistics for the Fraser Valley | April 2014

Buyers see value in single family detached homes in the Fraser Valley

SURREY, BC – In March, the Fraser Valley Real Estate Board (FVREB) processed 1,259 sales on its Multiple Listing Service® (MLS®), an increase of 12 per cent compared to the 1,128 sales during March of last year, and a 14 per cent increase compared to February’s 1,102 sales.

 

Ray Werger, President of the Board, says, “We did see activity pick up last month with an increase in demand in particular for single family detached homes. Sales were noticeably higher in North Delta, Mission and Langley compared to last year.

 

“Last March, sales of detached homes accounted for 55 per cent of sales of our three main residential property types and this year that increased to 58 per cent. It may not sound like much, but that translated into over 100 more sales. The property type that lost ground...

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Tuesday, April 8, 2014

Real Estate Statistics for Greater Vancouver | April 2014

Home sale and listing activity continue to chart a steady path for the region’s housing market

VANCOUVER, B.C. – April 2, 2014 – March home sales in Greater Vancouver outpaced last year’s total yet lagged the region’s historical average for the month.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,641 on the Multiple Listing Service® (MLS®) in March 2014. This represents a 12.5 per cent increase compared to the 2,347 sales recorded in March 2013, and a 4.4 per cent increase compared to the 2,530 sales in February 2014.

Last month’s sales were 17.2 per cent below the 10-year sales average for March of 3,190. The sales-to-active-listings ratio currently sits at 18.2 per cent in Greater Vancouver, which is unchanged from last month.

“We continue to see steady and stable...
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Wednesday, April 2, 2014

New property listed in Central Park BS, Burnaby South

I have listed a new property at 104 5577 SMITH AVE in Burnaby.
"Cotton Grove" Garden Patio suite in excellent condition! This 2 bedroom west facing suite has plenty of windows and natural light. Features a gas fireplace, insuite laundry, 1 storage locker and 2 side-by-side parking stalls next to theelevator. Extra large Master Bedroom will accommodate oversized furniture. Access the private patio from bedroom or living room. Beautiful outlook onto greenspace. Central location. Walking distance to Patterson & Joyce Skytrain Stations and close to schools and Central Park. Move-in-condition.
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Wednesday, April 2, 2014

Open House. Open House on Sunday, April 6, 2014 2:00 pm - 3:00 pm

Please visit our Open House at 104 5577 SMITH AVE in Burnaby.
Open House on Sunday, April 6, 2014 2:00 pm - 3:00 pm
"Cotton Grove" Garden Patio suite in excellent condition! This 2 bedroom west facing suite has plenty of windows and natural light. Features a gas fireplace, insuite laundry, 1 storage locker and 2 side-by-side parking stalls next to theelevator. Extra large Master Bedroom will accommodate oversized furniture. Access the private patio from bedroom or living room. Beautiful outlook onto greenspace. Central location. Walking distance to Patterson & Joyce Skytrain Stations and close to schools and Central Park. Move-in-condition.
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Tuesday, April 1, 2014

New property listed in Fleetwood Tynehead, Surrey

I have listed a new property at 65 8775 161ST ST in Surrey.
The Ballantyne' - built by Polygon in the heart of Fleetwood, 2 large bedrooms, 2 full bathrooms & 1131 sq.ft. Features an open floor plan with an extra eating area/nook & PATIO off the kitchen, perfect for those summer bbq's. The livingroom has a gas FIREPLACE & door leading to a fully fenced backyard without going downstairs. Also, a large double garage with plenty of storage & visitor parking right out front. Close to schools, parks, playground, restaurants, transit, Hwy 1, library, mall & leisure centre.
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Tuesday, April 1, 2014

Open House. Open House on Saturday, April 5, 2014 2:00 pm - 4:00 pm

Please visit our Open House at 202 21937 48TH AVE in Langley.
Open House on Saturday, April 5, 2014 2:00 pm - 4:00 pm
Sought after location in "Orangewood." This 2 storey townhouse has the living room, dining room, kitchen, nook & powder room at ground level entry. Upstairs has 2 bedrooms & a den. The master bedroom can easily accommodate oversizedfurniture, has a private patio & ensuite bathroom with an extra large soaker tub & separate shower. Relax in your living room featuring a vaulted ceiling & update gas fireplace. Bonus: newer kitchen appliances, light fixtures, neutral paint & central vacuum system. The laundry room has plenty of storage with a side by side washer/dryer. Single garage with additional open parking spots. The clubhouse has a workshop, full kitchen & pool table. Pets ok.
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Friday, March 28, 2014

Open House. Open House on Sunday, March 30, 2014 2:00 pm - 2:30 pm

Please visit our Open House at 1405 9623 MANCHESTER DR in Burnaby.
Open House on Sunday, March 30, 2014 2:00 pm - 2:30 pm
VIEW VIEW VIEW! Sub-PENTHOUSE 2 bedroom suite has amazing unobstructed city and mountain views. Very spacious with 2 separate bedrooms, 2 bathrooms, a gas fireplace and private balcony. The chestnut hardwood floors are gleaming andexcellent quality. There is in-suite laundry, 2 parking stalls and a storage locker. The common area has an outdoor swimming pool and tennis courts, indoor Hot tub, sauna and gym. Walking distance to Lougheed Mall, Skytrain and plenty of shops and restaurants. Rentals and pets allowed, 1 dog or 2 cats. Showings are only on Saturday and Sunday. No Weekday viewings.
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Wednesday, March 26, 2014

I have sold a property at 3955 FRANCES ST in Burnaby

I have sold a property at 3955 FRANCES ST in Burnaby.
FEELS LIKE HOME! This immaculate, updated character home sits on a large 50 x 122 lot. The main level features a living room with a gas fireplace, dining area, nook & extra large kitchen with full height maple wood cabinets. The masterbedroom is one to be desired by many. It will accommodate oversized furniture plus the spacious ensuite bathroom has a soaker tub & separate shower. There is laneway access to a double Garage with 220 amp service. Relax in your landscaped backyard amongst mature fig, cherry, apple & plum trees. Bonus feature is a backyard brick smokehouse. Plus, the fully finished 1 bedroom plus den basement is light & bright with its own separate entry.
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Wednesday, March 26, 2014

I have sold a property at 10 55 HAWTHORN DR in Port Moody

I have sold a property at 10 55 HAWTHORN DR in Port Moody.
Port Moody Beauty at Cobalt Sky by award winning Parklane Homes. Open concept main floor with HUGE living room (larger than others), high ceilings, gas f/p, stylish kitchen, casual and formal eating areas, powder room & direct access to aprivate fenced & professionally landscaped yard, backing onto greenspace. Bonus - 2nd sunny patio off the living room. Upstairs features a master suite with room for a king bed & furniture, walk through closet & ensuite with soaker tub. 2 more bedrooms, full bathroom & laundry round out the top floor. Tandem garage with extra storage, plus parking for 3rd car. Professionally painted, new stylish & durable wide plank flooring. Spotlessly clean & like new!
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Friday, March 21, 2014

New property listed in Cariboo, Burnaby North

I have listed a new property at 1405 9623 MANCHESTER DR in Burnaby.
VIEW VIEW VIEW! Sub-PENTHOUSE 2 bedroom suite has amazing unobstructed city and mountain views. Very spacious with 2 separate bedrooms, 2 bathrooms, a gas fireplace and private balcony. The chestnut hardwood floors are gleaming andexcellent quality. There is in-suite laundry, 2 parking stalls and a storage locker. The common area has an outdoor swimming pool and tennis courts, indoor Hot tub, sauna and gym. Walking distance to Lougheed Mall, Skytrain and plenty of shops and restaurants. Rentals and pets allowed, 1 dog or 2 cats. Showings are only on Saturday and Sunday. No Weekday viewings.
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Tuesday, March 11, 2014

I have sold a property at 4871 HICKORY CRT in Burnaby

I have sold a property at 4871 HICKORY CRT in Burnaby.
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Tuesday, March 11, 2014

I have sold a property at 1213 CYPRESS PL in Port Moody

I have sold a property at 1213 CYPRESS PL in Port Moody.
Fantastic 5 bedroom cul-de-sac family home in Mountain Meadows. Big living & dining room with wood burning fire and skylights. Renovated cook's Kitchen with oversized wolf stove with double ovens. French doors open to level backyard withnatural gas hookup and treehouse. 3 bedrooms up with 2 new baths, new windows and all major systems updated. Easily customizable basement with office off large foyer, 2 bedrooms, full bath, rec room and direct access outside. Double garage, extra parking and a private lot corning on greenbelt. Sought after location with schools, Newport Village, recreation and transit choices including the West Coast Express and future Evergreen Line all nearby. 1st time available in over 20 years!
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Sunday, March 9, 2014

Open House. Open House on Sunday, March 9, 2014 2:00 pm - 4:00 pm

Please visit our Open House at 3955 FRANCES ST in Burnaby.
Open House on Sunday, March 9, 2014 2:00 pm - 4:00 pm
FEELS LIKE HOME! This immaculate, updated character home sits on a large 50 x 122 lot. The main level features a living room with a gas fireplace, dining area, nook & extra large kitchen with full height maple wood cabinets. The masterbedroom is one to be desired by many. It will accommodate oversized furniture plus the spacious ensuite bathroom has a soaker tub & separate shower. There is laneway access to a double Garage with 220 amp service. Relax in your landscaped backyard amongst mature fig, cherry, apple & plum trees. Bonus feature is a backyard brick smokehouse. Plus, the fully finished 1 bedroom plus den basement is light & bright with its own separate entry. First showings at Open house this Sat & Sun 2-4PM
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Thursday, March 6, 2014

CMHC to Increase Mortgage Insurance Premiums

OTTAWA, February 28, 2014 — Following the annual review of its insurance products and capital requirements, CMHC will increase its mortgage loan insurance premiums for homeowner and 1 – 4 unit rental properties effective May 1, 2014.

 

Who Does This Affect? 

 

The increase applies to mortgage loan insurance premiums for owner occupied, self-employed and 1-to-4 unit rental properties, including low-ratio refinance premiums. This does not apply to mortgages currently insured by CMHC.

 

CMHC’s capital management framework is consistent with international practices and Canadian guidelines for mortgage insurers. Increased capital targets are consistent with Canadian and international industry trends and makes the financial system more stable and resilient.

 

“The higher premiums reflect CMHC’s higher capital targets” said Steven...

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Thursday, March 6, 2014

Government Reduces Tax Burden on First-time Buyers

First-time home buyers received welcome news in the February 2014 provincial budget.

The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000 (previously $425,000).

 

The partial exemption continues and will apply to homes valued between $475,000 and $500,000.

 

What does it mean for the realt estate market?


More home buyers


With this change, the government estimates 1,700 additional first-time buyers will annually be eligible to save up to $7,500 in PTT when they buy their home.

 

The government estimates this measure will cost $8 million in lost tax revenue each year.


Lobbying


The Real Estate Board together with BC Real Estate Association has actively lobbied to make home ownership more affordable for first-time home buyers....

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Wednesday, March 5, 2014

Real Estate Statistics for Greater Vancouver | March 2014

Home Sales & Listings Continue to Follow Historical Averages

 

VANCOUVER, B.C. – March 4, 2014 – In the first two months of 2014, the Greater Vancouver housing market has maintained the steady pace set throughout 2013.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,530 on the Multiple Listing Service® (MLS®) in February 2014. This represents a 40.8 per cent increase compared to the 1,797 sales recorded in February 2013, and a 43.8 per cent increase compared to the 1,760 sales in January 2014.

 

Last month’s sales total mirrors the 10-year sales average for February of 2,547, with just 17 sales separating the two figures.

 

The sales-to-active-listings ratio currently sits at 18.9 per cent in Greater Vancouver, a 4.9 per cent increase from last month.

 

“Home...

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