September 2014

Slow Fall market start

Posted on Sep 18, 2014

The number of North Shore properties that changed hands in Vancouver's North Shore, West Vancouver (WV) and North Vancouver (NV), during the first two weeks of September is less compared to last year:
  • down -56% for North Vancouver detached (houses), -40.5% for NV attached (strata),
  • down -46% for West Vancouver detached and -33% for attached.

Though t...

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eschew earthquake insurance?

Posted on Sep 17, 2014 in Tips

If an earthquake happens tomorrow (knock on wood) and your house is damaged by the shaking and quaking, who do you think covers the cost of the damage?

If you’re like the 56 per cent of Canadians polled in a recent survey by Square One — a Vancouver-based insurance company — you might think the government is footing the bill. Wrong. Unless you have...

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prices continue to elevate

Posted on Sep 12, 2014 in West Vancouver Homes

West Vancouver's July and August dip in home sales was not unexpected as sales are generally slower in the summer months:
  • 41 resale (& 3 new) homes in January
  • 59 (4) in February,
  • 60, (2) in March,
  • 76 (1) in April,
  • 80 (2) in May,
  • 88 (6) in June,
  • 69 (1) in July and
  • 70 (2) in August.
However the sale numbers for the first eights months of the year is greater t...

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modest, incremental gains

Posted on Sep 11, 2014 in North Vancouver Homes

The number of North Vancouver detached home sales recorded the first eight months of the year is running ahead of the past ten years and up +15.9% for resale homes and +83% for new homes compared to the same period in 2013.

In addition North Vancouver neighborhoods continue to experience modest, incremental price gains.

Monthly Median* Sale Price for...

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A vital part of purchase

Posted on Sep 10, 2014 in Tips

An important part of any major purchase is doing your homework, and in a real estate transaction that includes important elements like home inspections.

“I always think of this way,” explained Paul Macris, a real estate agent with Holmes Realty in Sidney.

“If you’re about to make one of the biggest, if not the biggest, purchase of your life, you want...

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investing?  thinking ahead!

Posted on Sep 09, 2014 in Tips

...Done right, investors stand to reap big rewards over the long haul, industry experts say. But property investment can also come at a heavy price to those who aren’t prepared to learn the market and do the less-than glamorous work of a landlord.

If talk about housing bubbles gives you ulcers, or you aren’t willing to answer the phone at 2 a.m. whe...

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