Friday, December 17, 2010

Are you interested in free stuff??

Are you interested in free stuff??

It’s as simple as referring your friends, family and associates who are looking to change their current Real Estate Position! 
For each referral you will receive entries into our annual 2011 Referral Program Contest. 
Full rules & regulations can be found on our website at http://www.rightpricedrealty.com/2011ReferralContest.ubr

·         Prizes include $1,000 cash, hockey tickets, gift baskets, gift cards, cosmetics, home services and much more

 

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Wednesday, December 15, 2010

I just finished uploading this House for sale, 3025 ANMORE CREEK Way, Port Moody, British Columbia

Stunning executive western red cedar log house in rural Anmore Village, home of beautiful Buntzen Lake. Dreaming of a Whistler lifestyle without the sea to sky hwy? Nestling in 1 acre of rural beauty, you will view forest, waterfall & creek s from every aspect of this gorgeous home yet be only 45 mins from central Vancouver. Hardwood floors, French doors, custom cabinetry, S/S appliances, floor to ceiling fireplace (for those cozy fall evenings) & luxury main floor master with sitting room, ensuite & 2 balconies are just a few of the features on offer. For the inspired buyer, this unique home offers total privacy within the heart of a rural community. Call me for a private showing of this home, Roland 604-970-0393

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Monday, December 13, 2010

Top 21 grants and rebates for property buyers and owners

Top 21 grants and rebates for property buyers and owners

Follow this link to read further about the great programs available to Canadian property buyers and owners:

http://www.rightpricedrealty.com/Top21Grants%26Rebates.ubr 

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Wednesday, December 8, 2010

I just finished uploading this House for sale, 24 GILMORE Ave, Burnaby North, British Columbia

 
THIS IS IT! Look no further! Beautiful 1929 character home on corner lot in the heart of Vancouver heights. Walk to Gilmore Elementary, Confederation Park, transit, Eileen Daily & library. Tastefully renovated over the last 3 years including all new windows, roof, furnace, hot water tank, bathrooms, new bright 6'6" high basement, plumbing & most electrical, in & out painting. Fully-fenced & landscaped for exceptional privacy, including large patio area in back and numerous sitting areas around property. Mortgage helper with separate entrance & 2 separate laundry facility. This stunning, move-in ready home could be yours! Call me for a private showing of this great home, 604-970-0393. Roland

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Canadian housing starts rise in November

Housing starts rose for the first time in four months in November, suggesting that Canada's housing market has stabilized.

Canada Mortgage and Housing Corporation said housing starts increased by almost 20,000 units during the month to a seasonally adjusted annual rate of 187,200, up from 167,800 units in October.

Analysts were expecting about 170,000 units.

The surge in November starts, helped largely by construction in Ontario, came after four months of disappointing numbers.

"This clearly suggests that Canada's housing market has stabilized after slowing through the summer," said Sal Guatieri, senior economist at BMO Capital Markets. "It looks like that correction in the housing market that occurred through the summer has stopped."

Guatieri credited some of the growth to the recent declines in longer-term interest rates.

The increase in the level of multiple starts recorded in Ontario compared with October was attributed to the start of a number of major apartment projects mainly in the Toronto area.

CMHC cautioned, however, that in 2011, "housing starts will gradually become more closely aligned to demographic demand, which is currently estimated at about 175,000 units per year."

The seasonally adjusted annual rate of urban starts increased by 14.6 per cent to 163,100 units in November.

Urban multiple starts rose by 20.9 per cent in November to 101,800 units, while single urban starts moved up by 5.5 per cent to 61,300 units.

Multiple unit starts rose 29,900 units from October to November in Ontario, remained relatively stable in the Prairies, and decreased in other regions.

"The increase in housing starts in Ontario was more than enough to offset declines in all other regions of the country," Bob Dugan, chief economist at CMHC's Market Analysis Centre, said in a release.

The month's seasonally adjusted annual rate of urban starts increased by 82.8 per cent in Ontario. Elsewhere, urban starts decreased by 24 per cent in Atlantic Canada, by 21.3 per cent in British Columbia, by 15.2 per cent in Québec and by 1.5 per cent in the Prairie Region.

Rural starts were estimated at a seasonally adjusted annual rate of 24,100 units in November

Source: Read more: http://www.cbc.ca/money/story/2010/12/08/money-canada-housing-starts.html#ixzz17YSJnOqM

 

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Tuesday, December 7, 2010

Vancouver to lead 2011 housing sales activity

 

Tuesday, 07 December 2010

Real estate sales activity in B.C. is expected to lead the country next year, according to a report released Tuesday by RE/MAX.

In Greater Vancouver, residential unit sales are forecasted to climb 10% in 2011, followed by an 8% jump in Victoria and a 6% increase in Kelowna.

The next area with the highest predicted unit increase in Canada is Windsor-Essex in Ontario, which could see a 5% increase in home sales next year.

Still, the real estate agency cautioned that investors should expect a year with greater stability in housing markets across Canada.

Housing sales are predicted to mirror 2010 levels at 441,000 units next year, RE/MAX said, while the average price is forecasted to escalate 3% to $350,000 by the end of 2011.

“We see steady improvement in provincial and local economies, which will bode well for housing markets across the board,” said Elton Ash, RE/MAX’s regional executive vice-president for Western Canada.

“The relentless drive in the market reminiscent of years past will be gone, and instead we can expect to see more normal, balanced market conditions with buyers maintaining a slight edge.”

In Greater Vancouver, RE/MAX predicts the average home price will increase 5% next year to $698,250, compared with $665,000 this year.

That 5% increase is forecast to be on par with increases in Kelowna, Regina, Saskatoon, Ottawa and Montreal, among others.

Source: jmckay@biv.com http://www.bivinteractive.com/index.php?option=com_content&task=view&id=3474&Itemid=32

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Monday, December 6, 2010

We have the Best Clients!!-- Another Testimonial, of our great service at Right Priced Realty.com

“We were first time buyers in a market that is large and pricings all over the map.  We initially were searching ourselves through MLS and other online sites and never seemed to find anything we truly wanted to make a move on.  Then, through referral, we met with Roland.  Roland sat down with us and went through his 3-step action plan with us and then guided us from our initial wants and needs, from our first offer and finally to our  purchase, a beautiful condo in a location that could not be beat.

We cannot say enough of Roland’s professional attitude and dedication towards us and also towards other realtors that were around when we were out looking at places.

We have already referred Roland’s services to friends who are searching for a larger home and they too are happy with the expertise that has been provided to them.

We love our new home and can’t thank Roland enough.

We really appreciate everything you did for us, if there is anything you need from us just let us know!!

Thanks”

 Carrie and Brad

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Friday, December 3, 2010

MLS(R) stats show more sales, fewer property listings in November

Greater Vancouver residential home sales improved in November compared to the previous four months, with the number of sales posted on the Multiple Listing Service® (MLS®) coming in slightly higher than the 10-year average for that month.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,509 in November 2010. This represents a 7.4 per cent increase compared to October 2010 and an 18.6 per cent decline from the 3,083 sales in November 2009.

Looking back further, last month’s residential sales represent a 187.1 per cent increase over the 874 residential sales in November 2008, a 13 per cent decline compared to November 2007’s 2,883 sales, and a 6.4 per cent increase compared to the 2,358 sales in November 2006.

“Housing sales numbers were fairly typical for a November and indicate a fairly balanced market. Activity on the buyer side has been stable, with slight increases, over the last few months while the number of homes listed for sale in our region has declined each month since we reached a peak in June,” Jake Moldowan, REBGV president said.

Total active residential property listings in Greater Vancouver currently sit at 12,384, a 12.1 per cent decline from last month and a 12 per cent increase from November 2009. New listings for detached, attached and apartment properties declined 17.1 per cent to 3,030 in November 2010 compared to November 2009 when 3,653 new units were listed.

“Home values have been relatively stable over the last five months compared to the summer period when we were seeing some downward pressure on prices,” Moldowan said. “It’s the homes priced accurately for today’s market that are receiving a lot of attention and selling right now.”

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 4.1 per cent to $580,080 in November 2010 from $557,384 in November 2009. This price has remained virtually unchanged since June of this year.

Sales of detached properties on the MLS® in November 2010 reached 1,050, a decrease of 9.8 per cent from the 1,164 detached sales recorded in November 2009, and a 226.1 per cent increase from the 322 units sold in November 2008. The benchmark price for detached properties increased 5.6 per cent from November 2009 to $799,312.

Sales of apartment properties reached 1,052 in November 2010, a decline of 24.6 per cent compared to the 1,396 sales in November 2009, and an increase of 156.6 per cent compared to the 410 sales in November 2008.The benchmark price of an apartment property increased 1.9 per cent from November 2009 to $389,168.

Attached property sales in November 2010 totalled 407, a decline of 22.2 per cent compared to the 523 sales in November 2009, and a 186.6 per cent increase from the 142 attached properties sold in November 2008. The benchmark price of an attached unit increased 4.1 per cent between November 2009 and 2010 to $488,733.

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Tuesday, November 30, 2010

Canadians get better at debt payments... but credit card debt is crippling!

Following is an article that sheds some positive light towards Canadians getting better with servicing their credit card & car load debts. Regardless, unsecured debt such as credit cards needs to be address on a national & global level in my opinion. I recently tried working with a few clients who had accumulated 10+ credit cards from reputable banks at interest rates over 22%. In this situation there is an accumulation of unsecured debt of over $100,000, they are making regular minimum monthly payments... $2,300 +/month . However, unsecured debt of more than $100,000 in credit cards is nearly impossible to pay back... it may take nearly a million dollars to pay this off with minimum payments. I am not sure what options other than declaring bankruptcy is available to people in situations such as this. I do not condone individuals declaring bankrupts as a way to avoid their debt that they accumulated.............. however, HOW ARE CREDIT CARD COMPANIES ABLE TO CONTINUE TO OFFER CARDS TO BORROWERS WHO CAN NOT CONTRO THEMSELVES AT OUTRAGEOUS  INTEREST RATES???” Thank you... Roland 604-970-0393

OTTAWA — Canadians have become better at making payments on time for their credit cards and auto loans over the last year, according to a report released Tuesday.

Credit analysis firm TransUnion said the credit-card delinquency rate in Canada — measuring the percentage of cardholders late by 90 days or more on payments — fell to 0.34% in the third quarter from 0.38% a year earlier.

The delinquency rate of auto-loan payments declined to 0.11% from 0.15%, TransUnion said.

“There continue to be positive signs in the credit market as Canadians slowly manage out of the recession,” said Thomas Higgins, TransUnion’s vice-president of analytics.

TransUnion said Canada’s “credit-active population” in the third quarter was 24.8 million people, up 0.15% from a year earlier. The average debt, not including mortgage, of someone with credit was $25,163, up 4.3% from last year.

The total amount of debt in the country was up 4.3%, which was deemed as a “modest” gain in comparison to the double-digit increases seen before the recession.

Among provinces, Quebec saw the most year-to-year debt growth at 6.6 per cent, and Manitoba the lowest at 2.6%.

Source: Derek Abma, Financial Post · Tuesday, Nov. 30, 2010

 

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New Listing: # 207 2080 MAPLE ST $324,900

 Great value and excellent location just minutes from the 4th avenue shopping District, Kits beach and Granville Island. This corner suite offers privacy and features high quality laminate flooring throughout, generous living quarters and a spacious wrap around balcony with views of the Vancouver Skyline. Pro-active strata recently replaced the roof and building has had plumbing upgrades and replaced the boiler recently. Huge common roof top patio with sweeping city and water views is a big bonus! 1 parking and 1 storage locker included. Sorry, no pets or rentals allowed. Call me to arrange a private showing of this great apartment 604-970-0393 Roland

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Monday, November 29, 2010

Dec 5th, 1:00 PM to 4:00 PM - $629,000 1/2 Duplex Open House at 7466 ELWELL Street

We are proud to announce that this Dec 5th, 1:00 PM to 4:00 PM we will be hosting an Open House at 7466 ELWELL Street in the Highgate neighborhood, Burnaby South. This is an opportunity to visit this excellent Duplex for sale in beautiful Highgate.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Highgate Duplex for sale.

As always please do not hesitate to give me a call at 604-970-0393 if I can answer any questions before the open house, or if you would like to book a private showing.

Roland Kym
Remax Select Properties


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Owning a home in Canada became more affordable in recent months

OTTAWA — Owning a home in Canada became more affordable in recent months, according to the Royal Bank of Canada.

RBC Economics Research released a report Monday saying the proportion of pre-tax household income it takes to own a home declined in the third quarter of 2010 after a full year of deteriorating home-ownership affordability. Lower home prices and mortgage rates were the reasons for the recent improvement.

“The improvement in affordability during the third quarter has relieved some of the stress that had been mounting in Canada’s housing market over the past year,” said Robert Hogue, senior economist for RBC. “After appreciating rapidly during the strong rebound in resale activity last year and early this year, national home prices recently came off the burner and retreated modestly as market conditions cooled considerably through the spring and summer.”

RBC said it took 40.4% of household income, on average across the country, to own a bungalow between July and September. That was 2.4 percentage points lower than the second quarter.

The cost for owning a standard two-storey home fell 2.5 points to 46.3% on income, and the affordability rate for condominiums was down 1.4 points to 27.8%.

Looking at the percentage of household income needed to own bungalows in major markets across the country, it was 68.8% in Vancouver, 47.2% in Toronto, 41.7% in Montreal, 38.2% in Ottawa, 37.1% in Calgary and 32.7% in Edmonton.

Source : © Copyright (c) The Montreal Gazette

 

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Thursday, November 25, 2010

Open House this Sunday, 809 1225 RICHARDS ST

Quality built Bosa building, "The Eden", is located on the most popular block in Yaletown with great shopping and fine dining at your door and only steps away to the Seawall! This beautiful west facing 1 bedroom and den offers a cozy fireplace, practical floating island that functions as both a kitchen workstation and a dining table, 3 way bathroom mirror & large soaker bath tub, balcony with city and green area views, insuite laundry, 1 parking and 1 storage locker! Outstanding building amenities include a guest suite, spa inspired recreation facility well stocked with equipment, steam room, hot tub, & yoga stretching area. Call today for your private viewing!

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Open House this Sunday, $379,900 # 303 928 RICHARDS ST


Step inside this phenomenal 1 bdrm/DEN home on the 3rd floor & prepare to fall in LOVE! Soaring 9' floor to ceiling windows capture incredible garden views & with one of the best open floor plans. LAYOUT/LOCATION! Deluxe kitchen features granite countertops, s/s appls & breakfast bar. BBQ's ALLOWED! Master suite incl huge walk-thru closet & semi enste. A lovely patio off den/dining which offers a great cross breeze. In the cooler months curl up to your cozy gas corner f/p. The Savoy is a fantastic quality built hi-rise w/low monthly fees & phenomenal amenities incl indoor pool, hot tub, sauna, exer room, media/entertainment room, bike rooms & much more!  Call us for a private showing, 604-970-0393

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Tuesday, November 23, 2010

NEW LISTING, $379,900 # 303 928 RICHARDS ST

Step inside this phenomenal 1 bdrm/DEN home on the 3rd floor & prepare to fall in LOVE! Soaring 9' floor to ceiling windows capture incredible garden views & with one of the best open floor plans. LAYOUT/LOCATION! Deluxe kitchen features granite countertops, s/s appls & breakfast bar. BBQ's ALLOWED! Master suite incl huge walk-thru closet & semi enste. A lovely patio off den/dining which offers a great cross breeze. In the cooler months curl up to your cozy gas corner f/p. The Savoy is a fantastic quality built hi-rise w/low monthly fees & phenomenal amenities incl indoor pool, hot tub, sauna, exer room, media/entertainment room, bike rooms & much more!  Call us for a private showing, 604-970-0393

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