Archive for January, 2008
Calculate Your Mortgage Payments
January 21st, 2008 Categories: Vancouver Real Estate
Mortgage Amount: 100000
Rate Smart Monthly Payment
Variable 5 Year 5.40 $604.58
5 Year Fixed 5.99 $639.21
10 Year Fixed 6.30 $657.75
* O.A.C. Some restrictions may apply. Rates are subject to change without notice
Independant Advice
Here’s what you can expect from Verico Wealth Wizard Financial Team:
We provide rate holds for 120 days, not all banks do. We request full documentation and perform a credit
check on every client.
We provide closing cost disclosures to all our clients. Now specializing in self employed, off shore and
equity financing.
We can help your SELLERS with their port, increase
and blend mortgages.
Providing bridge financing for your SELLERS too!
Call: Alma Pasic 604-729-4611 preferred@telus (mortgage broker)
www.verico.ca
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Vancouver’s Downtown Waterfront Neighbourhood Coopers Park
January 21st, 2008 Categories: Downtown, Vancouver Real Estate
Downtown’s newest neighbourhood, Coopers Park.
Just opened the first building in this neighbourhood on the north side of False Creek . 980 Cooperage Way.
The neighbourhood is situated east of the Cambie Street Bridge, on the north side of False Creek. on the waterfront.
There are 6 suites per floor and the front suites offer wonderful views of False Crrek and the Olympic Village.
There are presently 18 resale condos listed on MLS, ranging from $459,000 for 720 sq.ft. to $1,750,000 for 1193 sq.ft.
Call Maggie if you’d like more info on any of these waterfront condos. 604-328-0077
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Coal Harbour Statistics for December 2007
January 19th, 2008 Categories: Coal Harbour, Vancouver Real Estate
109 LISTINGS
The least expensive l bedrooms is 555 Jervis $320,000 494 sq.ft.
The least expensive 2 bedroom is at 1328 W. Pender 877sq.ft. listed at $599,000. The most expensive listing is at the Shaw Tower $19,800,000 for 7500 sq.ft.
14 SALES (vs. 28 in October)
Lowest sold was for $415,000 for a l bedroom 560 sq.ft.
Highest sold was for $2,180,000 for 1792 sq.ft. at 1680 Bayshore
Average Days on Market: 90 (vs. 46 in Oct)
0 sales under 300K; 3 under 500K; 8 - 500K to 1M; 3 from $1-2M, 1 from $2-3M
1 sold at list price, all the others under list
2007 SALES: 393 (93 over $1M, 6 over $3M. The highest sales was at Shaw Tower at $4.9 million for nearly 3000 sq ft)
July - 28, Aug - 24, Sept - 14, Oct - 36 Nov -23 : Dec 14
REMARKS
December is usually a slow month in the business but it was active this year.
CMHC predicting Vancouver prices to rise 7% in 2008.
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Today’s Stats
January 18th, 2008 Categories: Vancouver Real Estate
In my market area 39 new listings and 24 sales….she’s up and running!
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Coal Harbour Stats for December 2007
January 18th, 2008 Categories: Coal Harbour, Vancouver Real Estate
109 LISTINGS
The least expensive l bedrooms is 555 Jervis $320,000 494 sq.ft.
The least expensive 2 bedroom is at 1328 W. Pender 877sq.ft. listed at $599,000. The most expensive listing is at the Shaw Tower $19,800,000 for 7500 sq.ft.
14 SALES (vs. 28 in October)
Lowest sold was for $415,000 for a l bedroom 560 sq.ft.
Highest sold was for $2,180,000 for 1792 sq.ft. at 1680 Bayshore
Average Days on Market: 90 (vs. 46 in Oct)
0 sales under 300K; 3 under 500K; 8 - 500K to 1M; 3 from $1-2M, 1 from $2-3M
1 sold at list price, all the others under list
2007 SALES: 393 (93 over $1M, 6 over $3M. The highest sales was at Shaw Tower at $4.9 million for nearly 3000 sq ft)
July - 28, Aug - 24, Sept - 14, Oct - 36 Nov -23 : Dec 14
REMARKS
December is always a slow month in the business.
CMHC predicting Vancouver prices to rise 7% in 2008.
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Coopers Park
January 18th, 2008 Categories: Downtown, Vancouver Real Estate
Downtown’s newest neighbourhood, Coopers Park, has just opened its first building at 980 Cooperage Way. The neighbourhood is situated east of the Cambie Street Bridge, on the north side of False Creek. on the waterfront.
There are 6 suites per floor and the front suites offer wonderful views of False Crrek and the Olympic Village.
There are presently 18 resale condos listed on MLS, ranging from $459,000 for 720 sq.ft. to $1,750,000 for 1193 sq.ft.
Call Maggie if you’d like more info on any of these waterfront condos. 604-328-0077
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Who are the Vancouver Home Buyers?
January 18th, 2008 Categories: Real Estate News, Vancouver Real Estate
“Focusing your life solely on making a buck shows a certain poverty of action. It asks too little of yourself. Because it is only when you hitch your wagon to something larger than yourself that you realize your true potential.” Barack Obama
The Real Estate Board of Greater Vancouver recently carried out a home sellers and buyers survey and here is what they found about home-buyers:
*about six-in-ten are female
*about half are age 45 years and younger
*the majority (more than 7 in 10) of all buyers are married or living common law
*their typical household size is 2.7 persons
* about 6 in 10 have a university degree or college diploma
*one in ten work from home and another one in ten do so at least part of the time
*one third are born in BC
*a language other than English is spoken in 18% of their households
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Homeowners Grant Increased
January 17th, 2008 Categories: Real Estate Definitions, Vancouver Real Estate
If your home is assessed below $1,050,000 you will be eligible for the Homeowners Grant.
The January 12, 2007 Provincial Budget included additional measures to assist Low-Income Seniors and Others with a Homeowner Grant Supplement. This program is administered at the Provincial level, not by the City of Vancouver. For further details, visit:
www.sbr.gov.bc.ca/documents_library/brochures/Low-Income_Grant_Supplement.pdf (PDF)
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Today’s Stats
January 17th, 2008 Categories: Vancouver Real Estate
Vancouver West townhomes and condos - there are 42 new listings, 6 sold above list price and 19 sales.
Vancouver West detached - 8 new listings and no sales
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Kits Point Just Listed
January 17th, 2008 Categories: Kitsilano, Vancouver Real Estate
The ink hasn’t dried on this one yet! Come home to 1450 Laburnum on Kits Point, steps to Vancouver’s most popular beach. this spacious studio has been completely renovated, the great taste, including new windows and sound proofing exterior wall. New tile floors, new kitchen with stainless fridge and cooktop. All new bathroom with large shower and seemless door, new Murphy Bed. New ceiling and new wiring, lots of pot lights. Super large west facing patio, treed, fenced and private. Maintenance fee includes hot water heat. One secured parking and storage locker. Pets and rentals welcome. Furnishings negotiable. Easy to show, move in today! $319,000. Call Maggie to view 604-328-0077
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