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Hi everyone! Yes it's officially a buyers market - lots of inventory to choose from! Thinking of selling? Remember, pricing properly is key. Plus you may be in an area of strong activity. Check out the data in my Market Stats section below.
'Tis the season! If you're counting the number of shopping days left until Christmas, you'll want to bookmark this site ww.xmasclock.com. And did you know there are websites for Black Friday deals? ww.blackfriday.com and www.theblackfriday.com Crazy!! |
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I know there's many requests to help others in need at this time of year - please consider this one! The 18th annual REALTORS CareŽ Blanket Drive will run from November 26 to December 3 across the Lower Mainland. For details including drop-off locations go to www.blanketdrive.ca. Or contact me and I'll pick up your items. Think of it as 'winter-cleaning' your closets for gently-used items (coats, blankets, etc) to keep someone warm and dry. |
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Is Canada's housing market cooling or crashing? For the analytical readers, here's a (lengthy) summary of the various viewpoints & indicators.
First time buyers should focus on affordability and not try to time the market
Home owners: the recent earthquake and Hurricane Sandy may alter insurance rates here in BC
Mike Holmes on home upgrades: "work from the outside in"; it pays off big in the long run
Pictures: here's what $1M will buy you across Canada, plus the 20 lowest priced homes for sale in Vancouver |
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The top 3 reasons to visit my website!
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| Market Statistics for October 2012 |
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Media reports have proclaimed a buyers' market but it's really important to drill down and see what's happening in specific areas. New West and Port Coquitlam were active seller's markets in October. Maple Ridge, Pitt Meadows and Langley were healthy balanced markets.
The reports below can provide those details:
Vancouver, West Van, North Van & Richmond, click here
Burnaby, Coquitlam, New West, PoCo, Pitt Meadows and Maple Ridge, click here
Fraser Valley reports are now available - click here
The MLS HPI is the best way to measure changes in home prices (HPI is similar to CPI). The stats package from the REBGV and FVREB contain HPI price changes, by city & property type. You can also find the reports on my website at How's the Market? |
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Below are selected homes that sold in October at or close to the Benchmark Price for that city. If you'd like more info on any property or neighbourhood, just ask! |
MLS#V968025
PoCo, Glenwood
List Price $575K
Lot: 8850sf
List Price $2.08M
Lot: 6846 sf | |
MLS# V960662
Van West, Ambleside
List Price $1.8M
Lot: 9882sf | |
MLS#V974025
Tswassen East
List Price $730K
Lot: 9149 sf |
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MLS# V966480
Vancouver East, Victoria
List Price $895K
Lot: 4653sf | |
North Delta, Annieville
List Price $538K
Lot: 9504sf | |
Cloverdale, Clayton
List Price $555K
Lot: 2906sf |
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I always have time to talk to people about real estate: recent trends, what a property might be worth, help locate potential properties to buy. Even if its just homework now to plan for the future. If you know someone who could use my assistance, please pass me their contact info - I'm happy to help out!
Stay warm, the weather's getting a bit nippy these days. Me, I'm thinking of a tropical holiday...
Cheers, Kathy
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Refer someone you care about to someone you trust
Kathy Plante
604-329-1405
Sutton Group - West Coast Realty |
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