There was some good news in the Vancouver Real Estate Board's news release.

The Real Estate Board of Greater Vancouver (REBGV) reports that new listings for detached, attached and apartment properties in Greater Vancouver totalled 7,004 in March 2010. This represents a 60 per cent increase compared to March 2009 when 4,385 new units were listed, and a 52.1 per cent increase compared to February 2010 when 4,606 properties were listed on the Multiple Listing Service® (MLS®).

At 13,538, the total number of property listings on the Multiple Listing Service (MLS®) increased 19 per cent in March compared to last month, but remains 7.6 per cent below this time last year.

"The total number of homes listed for sale on our MLS® is at its highest level in 10 months, which translates into more options and variety for those looking to buy during the traditionally busy spring period," Jake Moldowan, REBGV president said. more.....

Sales are up but the listings are up as well.
Good news for the buyers?

Depends how you look at it. For a long time we have been in a draught. Not enough listings for the number of buyers out there.
So with the latest statistics released by the reale state board, it would seem that the problem has been solved.

Not just yet.
In this graph we can see that the problem is still there. The sellers are still in control in many areas. If you assume that 1 would be a total sellers market, than 10 would be ideal buyers market.
Check the graph and see for yourself. Buyers are still having a tough time finding the right properties without haveing some competition.

If you are looking for a home to buy you need some help.

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.
Call Jeff Stark at 604-290-7890 or email me at jeff@jeffreystark.net

Finally, it seems the Buyers will be getting a break with more inventory coming to the market.

What does that mean for the sellers? More competition, that's what it means. The sellers will have to be more realistic in their pricing and not be too greedy.

With plenty of properties coming to the market, the buyers will be able to take some time to choose. Because of the new mortgage rules, and the uncertainty of the direction of interest rates after July, there will be good activity and the sales should continue at a decent pace. Also,  the looming HST coming in July, which should keep the activity in the new construction department at a high level as well.

And after that? It's a bit of the guessing game. I think it's SELLERS BEWARE! With the pace of the new listings coming to the market, some of the sellers will be caught, like they say, "with their pants down"!

No disrespect here to anyone but "pricing your home right",will never be more important, and especially if you have to sell your home.

We will just have to keep an eye ouit for this trend and see if it develops in something more important.

Until than, if you have to sell, be reasonable, your competition is getting larger and the buyers will be getting choosier.

If you thinking of selling you may want to request this valuable report; "27 Valuable Tuips, You should know, to get your home Sold Fast and for More Money"  

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.
Call Jeff Stark at 604-506-8481 or email me at jeff@jeffreystark.net

No matter how good or bad things are there is always someone who is really in trouble.

So in order to help someone and give something back to the community, where I have made my living in real estate for the past 20 years, I will SELL someone 's home FREE.

If you know someone in the Burnaby area that is really in trouble and has to sell his home because they are heading for foreclosure, or have to sell due to some unfortunate situation, provide me with their contact information.

All submissions will be looked over by my legal team and the most needed family will get my help and assistance.

 If you know someone please email me thier information and our team will contact them. We will consider all submissions sent in by end of April.

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.
Call Jeff Stark at 604-506-8481 or email me at jeff@jeffreystark.net

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.
Call Jeff Stark at 604-506-8481 or email me at jeff@jeffreystark.net

Thinking of Selling your home?

 So you are ready to renovate. Found the old house with lots of potential and a big dream.

Just make sure you have enough money to get it done.

Avoid the 5 most important mistakes home renovators make.

1/ Using the wrong general contractor.
    make sure to check his background and get some referrals if possible. But, if he doesn't come across as trustworthy, don't hire him It could be a big mistake

2/ Getting bids with no specs/design.
    If you don't have proper specs or a good design, you are looking for big trouble. How are you going to figure out what the contractor is doing and why?  If you don't have any specs you are open to a lot of extras. And you know what that means. Extra cost, that's what it means.

3/ Losing sight of your dream and budget, and acting on impulses. Impulses are costly. Keep them controlled. You better spend extra time planning than winging it.

4/ Changing the plan.
    Delays, extra costs and impatient contractors who are losing time with sometimes small inconsequential changes.

5/ Ignoring the hidden things.
    It is nice to be picking the paint colors, but make sure you keep an eye on the job from day one. Make sure you are getting what you pay for, in the materials used on the job. That may save you a lot of trouble down the road.

And now, whatch the video.

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.
Call Jeff Stark at 604-506-8481 or email me at jeff@jeffreystark.net