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Hi everyone!

To celebrate the 2014 Winter Games, here's a trip down memory lane to Vancouver's time in the spotlight - enjoy!

I Believe: The CTV Anthem For The Vancouver 2010 Olympic Winter Games

 

Real Estate Matters

Sandra Wyant, president of the REBGV, discusses Greater Vancouver balanced market conditions in this short video 

  

According to the Financial Post, there's no end in sight for rising cost of single family homes (supply vs demand). In a similar vein, Don Cayo (Vancouver Sun), shares his view that many factors besides immigrants drive house prices

 

Good news:  a correction in the Vancouver condo market is not in the cards

 

Here are 5 things to know about interest rates right now

 

Buying a house?  Here's how to leverage the Home Buyers Plan to get a big tax refund to help with the purchase

 

Here are the 5 worst things you could do before buying a new home (not just for first-timers!)

 

Incandescent light bulbs are being phased out. LED's are a great alternative according to Mike Holmes.  Here's why

The top 3 reasons to visit my website!

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Market Statistics for January 2014
Check out what the market's doing in your area - overall the market is balanced, but is that the case in your neighbourhood?  For instance, North Van continues to be a very active seller's market with 22% of listings selling last month
The following reports help you to "be in the know" about the local real estate market (sales, listings, days on market) in areas and neighbourhoods that matter to you.
   -  Vancouver, West Van, North Van & Richmond,click here

   -  Burnaby, Coquitlam, New West, PoCo, Pitt Meadows and Maple Ridge, click here

   -  For Surrey, Langley, White Rock and other Fraser Valley cities - click here

 

Prices have been holding fairly steady, at approximately 1% increase over last year. 
To better understand house price trends, check out the statistics from the Greater Vancouver and Fraser Valley real estate boards. They report on Home Price Index changes by city & property type (similar to the CPI). You can also find copies of these reports on my website on the tab How's the Market 
Market in Action

Below are selected homes currently listed for sale at prices at or close to the Benchmark Price for that city. For other cities, just check the reports in the above Statistics section.

CLICK ON THE PHOTOS FOR MORE DETAILS!

MLS#V1045374
                 
Reno'd Cape Cod home  
in Dunbar, 4 bdrs, chef's 

kitchen, listed at $2.15M 

MLS# V1041859
           
 Former grow-op, extensive renos over 10 yrs, Van East (Renfrew)  
listed for $878K
MLS#V1031498
  
Family home on quiet street in Tsawwassen, circa 1972
listed for $725K 
 
MLS# V1040264
               
    Port Coquitlam, circa 1967, with original oak floors.  in-ground heated pool; listed at $569K
      
MLS# F1327237

1650 sf rancher in Cloverdale, large 7100 sf lot
list $579 K

MLS# F1400988     
 

Executive style home in
Morgan Creek, South Surrey
listed at $868K

Closing Thoughts

I hope that your new year is off to a good start, and that all your New Year's resolutions are well on-track.  If buying or selling your home is on your to-do list, I can help out - just give me a call!

 

For fun:  Here are 21 amazing hotels you need to visit before you die (personally, I'm not a big fan of the ones under water...)


Cheers, Kathy 

 

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Kathy PlanteCan't see the image? Click the link above

604-329-1405

Sutton Group - West Coast Realty