November 2007

A Sunny Day in Coal Harbour, Vancouver

by Maggie Chandler November 28, 2007 Coal Harbour

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Today’s Stats

by Maggie Chandler November 28, 2007

Vancouver west side condos and townhomes

29 new listings. 9 price changes – all down. 24 sales.

yesterday’s stats 49 new listings, 18 price changes – all down. 40 sales.

Best mortgage rate today 5.5% on 5year variable.

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Wanted!

by Maggie Chandler November 26, 2007 Coal Harbour

I have a delightful lady from Germany who wishes to purchase a Coal Harbour studio (or West End if its located near Alberni corridor). We have written 5 offers without success. please call me if you wish to sell your studio. 604-328-0077. Thank you.

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Today’s Stats

by Maggie Chandler November 26, 2007 Coal Harbour

In my area there are 16 new listings and 15 price adjustments (all down) and 29 sales…more sales than listings. 7 sold at list price and 4 sold over list price, so nearly half of the sales still selling at or above list. We shall have to watch carefully and see if this is a …

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Home Owner’s Property Taxes

by Maggie Chandler November 23, 2007

“The race is not always to the swift nor the battle to the strong, but that’s the way to bet”. Damon Runyan

I thought i’d do a few posts on property taxes.

Do you know what your property tax bill includes? Here’s what -

-Municipal Tax, which is set by the municipality and is based on revenue needs …

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Changes to the Homeowner Protection Act

by Maggie Chandler November 22, 2007 First Time Buyers

Buying a new home in BC? here’s new legislation to be aware of

Effective November 19, 2007 these changes became law:

-an owner builder is not permitted to sell a home during construction “as is” without permission from the HPO

-an owner builder must occupy the new home for at least one year after obtaining an occupancy permit. the …

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Thursday’s Stats

by Maggie Chandler November 22, 2007

In my market area there were 19 new listings today and 15 sales, two sold at list and one above list, all but 2 were under $600K. 7 price reductions. total of 1169 west side condos for sale.

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Today’s Stats

by Maggie Chandler November 21, 2007 Coal Harbour

In the west side condo stats for the day, there were 26 new listings and 20 sales. 5 of those sales sold over list price and 4 at list price – so almost 50% of the sales for the day are still selling with multiple offers.

total condo and townhome listings 1357, of those 130 in coal …

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Vancouver Downtown Condo Prices

by Maggie Chandler November 21, 2007 Coal Harbour

DOWNTOWN VANCOUVER CONDO PRICES 2007

Coal Harbour $793,741, False Creek North $824,442, Downtown $414,034, West End $475,981

CMHC says apartment starts in Downtown Vancouver drop by 37% and Vancouver Westside by 42% this year. However, condo construction picks up at a rapid rate of 93% in Vancouver Eastside.

According to analysts, Vancouver’s housing market is still considered healthy …

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Proposed New Money Laundering and Terrorist Financing Regulations

by Maggie Chandler November 21, 2007

“A man must live like a great brilliant flame and burn as brightly as he can. In the end he burns out but this is far better than a mean little flame”. Boris Yeltsin

What do you know about money laundering and terrorist financing regulations compliance that realtors must adhere to?

CREA set out a Call to …

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