I invite you to forward this newsletter on to friends and family. Or if you would like to sign up to receive it directly, please click here:
http://www.vancouverrealestateinfo.ca/redir.asp?page=silver_customform.asp&t=listsignup
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D’Arcy Harris Real Estate Update February 28, 2005
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Last week, the real estate board came out with their January numbers. January was definitely a slow month for real estate sales (The number of condos sold down 11.2% since ’04). So what happened in January that could have slowed the market down? Here are some ideas:
The snow: Vancouver shuts down when there’s any sign of freeze out there. I’ll admit that I stayed in my house as much as possible!
The Tsunami: There is no doubt that something like the tsunami affects people in a way that can’t be measured. I don’t know about you, but all of a sudden buying that condo didn’t seem as important.
But now what’s going to happen? The market is picking up, and all the realtors I’ve spoken to agree: This is a great time to be in the game! Enjoy this weeks newsletter and as always, contact me if you have any questions.
D'Arcy R. Harris
RE/MAX Crest Realty (Westside)
Tel: 604 771 1637
Fax: 604 488 0885
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Market Tidbit
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21% of the active residential listings in Vancouver are under $250,000. What does that tell you? It tells me that it’s a great time to be buying under $250,000, and it’s a great time to list your house is worth more than $250,000. Reply for a free market evaluation of your home.
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Success Story
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Congratulations to A. and L. who closed on a really ugly house! So ugly in fact that everyone who looked at it didn’t look twice. They, on the other hand, saw the positives. Namely, that it’s on duplex land and that it’s going to look a whole lot better once the house is knocked down. With a tenant in there, they’re paying next to nothing to carry it, and in the meantime they’re getting all their ducks in a row to knock it down and put up a duplex. Want to know how they did it?
Perseverance and hard work. No one said this was easy!
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Today’s Real Estate Listings
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These are all the current listing out right now; in fact, some of them are so new they’re not even posted on Realtylink or MLS.ca. Now that’s an advantage most buyers don’t have! If they don’t load, hit refresh.
Vancouver Lofts:
http://mlslink.mlxchange.com/EmailView.asp?r=666643918&s=BRC&t=BRC
Investment and Revenue Properties:
http://mlslink.mlxchange.com/EmailView.asp?r=451820280&s=BRC&t=BRC
Vancouver House Foreclosures:
http://mlslink.mlxchange.com/EmailView.asp?r=1797449900&s=BRC&t=BRC
Vancouver Apartment Foreclosures:
http://mlslink.mlxchange.com/EmailView.asp?r=247943383&s=BRC&t=BRC
Tired of leafing through hundreds of listings to find what you’re looking for? Would you like to have access to all the new listings that match your home buying criteria, including area, price range and style of home emailed to you directly? This is a free service and will allow you to view only the homes that you're interested in seeing.
Become a VIP Buyer and beat other buyers to all the hot new listings in Vancouver. How does it work? Visit:
http://www.vancouverrealestateinfo.ca/redir.asp?page=vip_buyer.asp&t=list
Thinking of selling? Find out what your home is worth with a free market evaluation:
http://www.vancouverrealestateinfo.ca/redir.asp?page=homeeval.asp&t=list
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Real Estate Financing: Reed Harris, Canada’s Best Mortgage, CBM
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Are you thinking of buying and want to know what the VERY FIRST thing you need to get done? Even BEFORE you start looking at real estate? Call me to get your pre approval! What’s the point in looking at property that you can’t afford? Or how about NOT looking at properties you CAN afford! Get all the facts straight.
Call me, email me or visit my site for more information:
Reed M. Harris,
Canada's Best Mortgage Corp.
Tel: 604-725-7684
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From the News:
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Each month, I publish a series of articles of interest to homeowners- money-saving tips, household safety checklists, home improvement advice, real estate insider secrets, etc.
Whether you currently are in the market for a new home or not, we hope that this information is of value to you. As always, please feel free to pass these articles on to your family and friends.
http://www.vancouverrealestateinfo.ca/redir.asp?page=gold_newsletter.asp&t=monthlysignup
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Real Estate Term of the Week
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Wraparound Mortgage:
A loan given to a buyer for the remaining balance on a seller's first mortgage and an additional amount requested by the seller. Payments on both amounts are made to the lender who holds the wraparound loan.
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Contact Info/Subscribe/Unsubscribe/Disclaimer
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Thanks for Reading!
I invite you to forward this newsletter on to friends and family or if you would like to sign up to receive it directly, please click here:
http://www.vancouverrealestateinfo.ca/redir.asp?page=silver_customform.asp&t=listsignup
To be removed from future mailings simply reply with REMOVE in the subject line.
Regards,
D'Arcy R. Harris
RE/MAX Crest Realty (Westside)
Tel: 604 771 1637
Fax: 604 488 0885
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Quick Over-the-Net Home Evaluation:
http://www.vancouverrealestateinfo.ca/redir.asp?page=homeeval.asp&t=list
Become a VIP Buyer and Beat Other Buyers to all the New Listings:
http://www.vancouverrealestateinfo.ca/redir.asp?page=vip_buyer.asp&t=list
If your property is currently listed with another broker, or if you are currently buying with another broker, please disregard this email. I do not compete with other brokers, I work with them. This e-mail transmission may contain information that is proprietary, privileged and/or confidential and is intended exclusively for the person(s) to whom it is addressed. Any use, copying, retention or disclosure by any person other than the intended recipient or the intended recipient's designees is strictly prohibited. If you are not the intended recipient or their designee, please notify the sender immediately by return e-mail and delete all copies. This entire email is an opinion and should be treated as such. Investing in general carries significant risk. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. This means that just because a particular investment worked in the past does not mean, in and of itself, that the same indicators will cause a similar profitable effect.
WE MAKE NO REPRESENTATION OF CLIENT PROFITS.
Unfortunately we cannot guarantee you profits. There are no guarantees of profits in real estate or in any other investment for that matter. In fact, in many cases customers suffer a loss of all or part of their investment dollar. INVESTORS CAN AND DO LOSE MONEY. Every trade produces a winner and a loser. Money is not created or destroyed, it just changes ownership. If investing will alter your style of living in any manner to the worse, do not invest. The information contained in this report is a statement of opinion and information contained therein is subject to change without notice. The information has been obtained from sources believed to be reliable but is not guaranteed as to its accuracy and completeness. Charts and graphs are the work product of third parties, and should not be relied upon by investors or others in evaluating market conditions. They are provided to you with a specific understanding that the author makes no warranty or guarantee that the information or figures contained therein are accurate or correct. Moreover, past results are not necessarily indictable of future results. Those using the information contained herein for reading purposes are responsible for their own actions. This is not to be constructed as an offer to sell or a solicitation to buy anything whatsoever. No claim is made that any recommendation contained herein will be profitable or that utilizing such recommendation will not result in loss. Investing is speculative and you should carefully review your plan and speak with your financial advisor or licensed advisor before investing. Properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, handicap, familial status, sexual orientation, or national origin.
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Quick Over-the-Net Home Evaluation:
http://www.vancouverrealestateinfo.ca/redir.asp?page=homeeval.asp&t=news1
Become a VIP Buyer and Beat Other Buyers to all the New Listings:
http://www.vancouverrealestateinfo.ca/redir.asp?page=vip_buyer.asp&t=news2
Access Vancouver Real Estate Information at:
http://www.vancouverrealestateinfo.ca/redir.asp?page=default.asp&t=news4
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