We recently learned of “The Future of Housing”, an upcoming conference being hosted in Metro Vancouver on May 8, 2009, by the Canadian Home Builders’ Association’s BC chapter. The conference will be bringing together a diverse group of builder and real estate insiders to focus on the issues facing the housing market today and into the … Read more
Vancouver is regarded as one of the most desirable places to live in the world and as a result we have a net in-migration of >35,000 people each year. While the Vancouver pre-2010 Winter Olympics real estate market slowed down, the over-supply is dwindling and has returned to levels not seen for about 18 months. … Read more
The Vancouver 2010 Winter Olympic dates are February 12 to 28, followed on March 12 to 21 by the Paralympics Winter Games. Visitors to the Olympics are already starting to organize their trips and many will need to consider accommodation options in Vancouver’s surrounding areas such as the Tri-Cities of, Coquitlam, Port Coquitlam and Port Moody. … Read more
Generating traffic to an open house means that you must be aware of what audience it will attract, and in my opinion a correlation generally exists between the type of property and the homebuyer. The public remarks used in a listing must therefore be designed for the target buyer, and the National Association of Realtors … Read more
A question asked by Chris in my previous blog post comments: Metro Vancouver Housing Inventory drops almost 37%… prompted this post. Did you know that a potential buyer of a new home walking into the developer’s pre-sale office without a professional REALTOR® is compromising their position by automatically limiting their representation? It is not possible … Read more
Canada’s Investigative Consumer Show, Marketplace, and Mike Holmes, HGTV’s contractor of Holmes on Homes, collaborated for a CBC episode entitled, “New Home Nightmares“. Although it only scratches the surface, this production demonstrates how the legislative system in Canada is badly broken leaving home buying consumers at the mercy of unscrupulous home builders and developers, and … Read more
There were 9,616 Realtors just in the Real Estate Board of Greater Vancouver as at November 30, 2008, and membership has been declining since June. A question to be asked by all buyers and sellers right now is, “How does your Realtor’s tile hang”? During these challenging economic times many Realtors will likely let their … Read more
According to AC Nielsen, the world’s leading marketing information company, 78% of consumers in a recent global Internet Survey rate the most trustworthy form of advertising for consumers, ‘word of mouth’ (a recommendation from other consumers), as the #1 influencer of a purchase: http://ca.nielsen.com/site/documents/TrustinAdvertisingOct07.pdf. An ever-increasing array of social media advertising platforms and sources are … Read more
Get building Evergreen & Murray-Clarke – now Published: December 16, 2008 6:00 PM With much interest I read Port Moody Mayor Joe Trasolini’s inaugural address after the council swearing-in ceremony on Dec. 2. Once again, the mayor should be applauded for reminding his senior government counterparts that the overdue Murray-Clarke Connector and Evergreen Line infrastructure … Read more
1. Is now a good time to buy? 2. Is now a good time to sell? In answering either question it must always be qualified with, “We don’t have a crystal ball”. So, is it a good time to buy? The correct answer can only come from the potential buyer; only by understanding the motivation … Read more