Home listings withdraw as sales volume slows

VANCOUVER, B.C. – February 3, 2009 – The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties declined 58.1 per cent in January 2009 to 762 from the 1,819 sales recorded in January 2008.
New listings for detached, attached and apartment properties declined 20.9 per cent to 3,700 in January 2009 compared to January 2008, when 4,675 new units were listed. Total active listings in Greater Vancouver currently sit at 13,966, down nearly 6,000 listings from October 2008.Click here to download report

2008 brought improved housing affordability to Greater Vancouver

VANCOUVER, B.C. – January 5, 2009 – The record-breaking real estate market cycle in Greater Vancouver, longer than normal at seven consecutive years, ended in 2008 amidst global economic challenges. The change brought relief from rising prices that saw benchmark prices escalate from $357,770 for a single family detached home in December 2001 to $648,421 by December 2008.
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NAI Global Property Advisor

We are pleased to present the Autumn/Winter 2008 edition of NAI Global Property Advisor. This issue features articles examining the impact of the current economic woes on property markets globally; the ‘Great Capital Strike’ and its impact on Europe and Asia; how NAI’s asset optimization team helps lenders maximize value of problem properties; and a highlight on Brazil, an emerging economy that has not yet felt the effects of the global economic crisis. Click here to read these articles and many more.

Home prices adapt to affordability demands

September’s statistics echoes last months report where The Greater Vancouver Real Estate Board stats shows a softening market. Buyers are on the sidelines watching and waiting for now…. To see the report click here  .

BC Hotels Motels Wanted

Hello all!  I am working with qualified buyers looking for hospitality businesses in British Columbia. After having sold several similiar type properties I still have prospects to acquire them. I have buyers for a full service hotel with over 50 rooms, restaurant and pub/liquor store up to $3.5 million. Also have buyers for mom and pop motels with good living quarters. Locations needed for Northern BC, Chilcoltin Cariboo and South Okanagan.  Give me a call anytime 604-524-3641 ext #314 if you have anything that might work.

Summer lull sees properties stay on market

This months report from The Greater Vancouver Real Estate Board paints a picture of a changing tide. To see the report click here  .

A few words on Open source …

After years of hacking about and building web pages for my real estate client’s property… I have finally wrapped my head around setting up a site like this one using only open source software wordpress  . Bill Gates watch out! I threw this site up litterally in 1o minutes!  My site not only looks good it includes all the information from my old site and much more. Also,  I can completely change the look of this website with a flip of a switch. Don’t you just love open source ?

Hello world!

Welcome to a day in the life of a Realtor. Although I am a complete novice at blogging, I will do my best to make this entertaining….

My first few blogs will serve to catch up on some past years of experiences, people and events.  Then my goal will be to make daily posts regarding a typical day in my real estate practice.

Visits since September 2003