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D’Arcy Harris - Real Estate Update June 13, 2005
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It seems you can’t turn your head these days without seeing an article about buying or selling real estate: The market is hot, it’s getting cold, it’s going to bust, it’s going to boom, interest rates are going up, now they’re going down, my friend made a killing, my friend lost his shirt…. Etcetera, Etcetera, Etcetera.
The question you should be asking yourself is this: Do I need to buy or sell my home right now?
The market will do what the market will do, and if you try to guesstimate the final outcome you’ll be renting forever. Call me; there are some great deals to be had.
Regards,
D'Arcy R. Harris
Real Estate Broker
Sutton Group - Westcoast Realty
Tel: 604 484 6236
Fax: 604 488 0885
P.S: What’s your home worth? Find out with a free and confidential over the net market evaluation:
http://www.vancouverrealestateinfo.ca/redir.asp?page=homeeval.asp&t=list
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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=219695208&s=BRC&t=BRC
Investment and Revenue Properties:
http://mlslink.mlxchange.com/EmailView.asp?r=1211516896&s=BRC&t=BRC
Vancouver House Foreclosures:
http://mlslink.mlxchange.com/EmailView.asp?r=1880056532&s=BRC&t=BRC
Vancouver Apartment Foreclosures: http://mlslink.mlxchange.com/EmailView.asp?r=1995256102&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
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Mortgage Information for First Time Home Buyers
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Revenue Canada's Home Buyers' Plan allows you to use your RRSP savings to buy or build a home, up to $20,000 per person or $40,000 per couple. To participate in the Home Buyers' Plan, you have to be considered a first-time homebuyer at the time you withdraw an amount from your RRSP(s) under the Home Buyers' Plan. You are considered a first-time homebuyer if at any time during the last 5 years, before your withdrawal, you did not own a home while you occupied it as your principal place of residence. If your spouse owned a home and occupied it as his or her principal place of residence at any time during the last 5 years and at any time during the period that your spouse owned a home and occupied it as his or her principal place of residence, you were married and also occupied that home, you will not qualify as a first time home buyer.
For more information, contact Revenue Canada at their Internet site www.revcan.ca, or call Reed Harris, your private Mortgage Consultant, 604-725-7684
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From the News: NEW ARTICLES!
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This is a very neat little site that shows the changes this wonderful city has undergone since 1978. Check it out: http://www.city.vancouver.bc.ca/commsvcs/fade/fade.htm
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. Information that won’t fit in this newsletter, check it out:
http://www.vancouverrealestateinfo.ca/redir.asp?page=gold_newsletter.asp&t=list
“Condominium sales in Greater Vancouver soared to the highest level in history last month, as 1,974 condo apartments were snapped up, a 12% increase from May of 2004, reports the Real Estate Board of Greater Vancouver. In the Fraser Valley, 304 condominiums sold in May, the same pace as in May of 2004. But sales of homes across the Valley, at a total of 2,067, were the highest in May ever, reports the Fraser Valley Real Estate Board. Sales of Greater Vancouver townhomes also set a record in May. Sales increased 17% from May of 2004 to 684 units, the highest level since March of 1992. The benchmark price of a townhome across Greater Vancouver is now $325,650, up 8.9% from May 2004.” -Ozzy Jurock
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Real Estate Term of the Week -----------------------------------------------------------------
Interest only loan:
The borrower pays only the interest that accrues on the loan balance each month. Because each payment goes toward interest, the outstanding balance of the loan does not decline with each payment.
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Contact Info
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I supply this information to you free of charge and without obligation with the hope that when you decide to buy or sell your home, you’ll call me to help make it a reality. If I do all this for free, imagine what I do when we’re working together!
I invite you to forward this newsletter on to friends and family.
If you are receiving it from someone else and would like to sign up to receive it directly, please click here:
http://www.vancouverrealestateinfo.ca/redir.asp?page=silver_customform.asp&t=list
To be removed from future mailings simply hit reply with REMOVE in the subject line.
Thanks for Reading!
D'Arcy R. Harris
Real Estate Broker
Sutton Group - Westcoast Realty
Tel: 604 484 6236
Fax: 604 488 0885
Quote of the Week: "What is powerful is when what you say is just the tip of the iceberg of what you know." Jim Rohn -----------------------------------------------------------------
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
Access Vancouver Real Estate Information at:
http://www.vancouverrealestateinfo.ca/redir.asp?page=default.asp&t=list
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