Leave a comment » Seasons Greetings!, and real estate musingsIs it over? Will it level off for some time? Will the rates go up?
Here we are. Another year has gone by and we have seen the most drastic ups and downs in local real estate in some time. Is it over? Will it level off for some time? Will the rates go up? Questions, questions and more questions. No one has the righ answer, but everyone is ready to give you an opinion. I love the expwerst. Doom and gloom wass predicted by the so called experts for the Canadian real estate market in Octobwr and November, by some US real estae market gurus. Well it didn't come to pass. Why? Simple. You can't paint the whole worlds with the same brush. Juast because the US mortgage lenders and greedy financial instituions drove the US housing market into a recession, at a cost of millions of dollars and much pain and suffering to the general public, they had no idea or knowledge of how the Canadian real estate market and it's lending policies work. But they were THE gurus. And a lot of people believed them. I didn't, and in my February 27th, 2009 post, I suggested to get ready to buy. The conditions are ideal, get approved and cock your gun. By the end of March, the market is moving and the buyers who were ready got tremendous deals. So if I was to predict the market for next year, here is what I would say. If you are thinking of buying get approved and find the best deal you can with a help of a good knowlegeable buyers agent. They are free and can save you money. Buy now. Make sure your choice is sound and has a future upside to it. Are there places like that now? Absolutely! I believe with the rates where they are now, up and at least to the end of June, this is a great period to buy. Increased rates will bring additional costs andd higher mortgage payments. And I also think that the prices can go up another 3-5% in 2010. For 2011, the guru's have already said that we should expect higbher prices. So much for now. I wish everyone the very best in health and hapiness! So, go and BUY a HOUSE! If you are looking to Buy or to Sell real estate in Vancouver area, give me a call. My consultations are FREE. The benefits to You, may be worth a lot of money.
Posted on December 23, 2009 00:23:12 by jeffrey.stark - View Profile
Posted in Buyers Tips
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Leave a comment » Luxury at it's best! Seller ready to move. Make an offer!In the heart of Park Royal and all the amenities!
Posted on December 09, 2009 15:36:52 by jeffrey.stark - View Profile
Posted in Market Updates, Main category
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Leave a comment » Is Commercial Realestate on the way backLet the healing beginThe Globe and Mail September 1, 2009 The worst is likely over, say the heads of four of Canada's largest real estate brokerages. Canadian commercial real estate now faces 12 to 18 months of slowly climbing back to normal activity. And when recovery finally kicks into full gear the pace of activity - buying and selling, leasing and even construction - will likely be fast-paced, they add. This recession, the four agree, has not been as devastating for the industry nor as transformative as those at the start of this decade and in the early 1990s. The difference, they say, is that we entered last fall's global meltdown without an oversupply of commercial, industrial and retail space. As a result, even though the industry is smack in the middle of the trough that precedes the upswing, vacancy rates are relatively low and the downward pressure on rents is minimal. That means recovery will be launched from a stable platform and the first months - or years - will be not wasted on playing catch-up. Here is what they have to say:
If you are looking to Buy or to Sell real estate in Vancouver area, give me a call. My consultations are FREE. The benefits to You, may be worth a lot of money. Posted on September 07, 2009 16:35:31 by jeffrey.stark - View Profile
Posted in Market Updates, Main category
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Leave a comment » Ask and LearnDoes it really take too much work to figure other people out and why they act the way they do?Sometimes life presents you with a situation, and most times we don't understand or don't want to understand. We rather believe our pre-conceived ideas. Danny Griffin says it so well.
Or you can read Danny Griffin's Monday Morning Mojo here..
If you are looking to Buy or to Sell real estate in Vancouver area, give me a call. My consultations are FREE. The benefits to You, may be worth a lot of money. Thinking of Selling your home?
Posted on September 07, 2009 05:55:20 by jeffrey.stark - View Profile
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Leave a comment » Vancouver Coal Harbour - Community with all the optionsWho wouldn't want to live next to Central Park. In Vancouver we call it, Stanley ParkLiving in Vancouver is great, but living in Coal Harbour really feels like a community unto itself. Coal Harbour sits right between Stanley Park, spacious marinas, and our famous Vancouver Aquarium. If you like to live where you can, bike, swim, skate, jog, eat at some fine restaurants, all within a dozen blocks, than Coal Harbour ids for you. Watch this video and pack your bags. Well, not too soon. We don't want to be overrun. We like it the way it is now. Just kidding. Can't stop progress. And anyway, talk to a dozen people on the street and most likely they are all from somewhere else.
If you are looking to Buy or to Sell real estate in Vancouver area, give me a call. My consultations are FREE. The benefits to You, may be worth a lot of money. If you are looking for best deals in Vancouver, our VIP Buyer program will do it for you.
Posted on August 25, 2009 07:54:36 by jeffrey.stark - View Profile
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