Weekly Vancouver Real Estate Update August 9, 2006

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The Harris Team – Weekly Real Estate Update August 9, 2006
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My brother Grady’s wedding was a huge success, thank you to all his clients who gave him (and his new wife) the weekend off. He asked me to thank all the people who emailed him their congratulations, so thanks from my family!

There are some duelling headlines I found about the Vancouver real estate market, and this week I’ve got lots of new listings coming on, including a nice 1 bedroom apartment in White Rock, a loft in New West and an opportunity for a developer; so read on!

Regards,

D'Arcy R. Harris
Listing Coordinator, the Harris Team
Tel: (604) 771 1637
Fax: (604) 488 0885
Sutton Group - Westcoast Realty
darcy@darcyharris.com
http://www.vancouverrealestateinfo.ca/

P.S: Sign up for a home evaluation, with absolutely no obligation!

P.P.S: I supply this information to you free of charge and without obligation in the hope that when you do decide to buy or sell your home, you’ll call the Harris Team to help make it a reality.

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Current Listings:
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1bd/1 bath in a great area of White Rock. Quiet and charming 1 bed/1 bath in THE EMBASSY. This is a problem free building close to shopping, restaurants, hospital and the beach. Comes with a hot tub, exercise room and a guest suite. It’s on the ground floor but is only accessible through the lobby for added security. Easy to show, call or email me for a private viewing or meet me at the open houses this weekend from 2-4 pm on Saturday and Sunday.
For more information and photos of this property please Click Here.

I have a listing coming on in New West sometime this week; it’s a Loft that is roughly 700 sq. ft. with a huge roof top deck. Email me at NewWestLoft@darcyharris.com to get on the priority list.

Also, I have a great opportunity available for the right developer/investor in Burnaby. If you want to receive the package once it’s finalized, email me at BurnabyDevelopment@darcyharris.com

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Success Story:
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Congratulations to E. and R. on the purchase of their first home together. There was some talk of a condo or a house, and they were surprised to find out just how much they could afford. If you’re thinking of buying and you aren’t absolutely certain of how much money you can borrow, you’re wasting your time. Why look at houses if you can’t afford them? Why look at condos if you could afford the house you really want? The first thing you need to do is find out EXACTLY how much you can afford.

Email Reed Harris from Canada’s Best Mortgage Co. and he’ll be able to tell you within 10 minutes whether that dream home is within reach. Most people are surprised by how much they can afford.

It’s the first step in the real estate buying process, so get on it!

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From the News: Duelling headlines…
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July house sales drop; average price rises
Slowdown expected as cost squeezes out buyers
"If you're holding your breath waiting for a market crash, you should probably take another breath," Somerville said. Read more

House Prices SofterArea
real estate prices softened slightly in July, according to new statistics from the Real Estate Board of Greater Vancouver. The sale price of a benchmark single detached house in Greater Vancouver dropped $5,000 to just over $644,000. Prices continued to rise in places like Burnaby, Coquitlam, Richmond and Delta, but were down sharply in Port Moody, New Westminster and Maple Ridge. The average sale price for a house in Greater Vancouver is still up more than 19 per cent from a year ago, and the average apartment sold last month for $329,000 – still up nearly 23 per cent from a year earlier.
Read more

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Weekly 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 ors MLS.ca. Want to get them before they’re even in the newsletter? Sign up for the VIP Buyers Program.

If they don’t load, cut and paste the links into your browser. If you want more information about the listings, reply with the MLS number and your availability and I’ll set up a showing.

Vancouver Lofts:
http://mlslink.mlxchange.com/Pub/EmailView.asp?r=233739022&s=BRC&t=BRC

Investment and Revenue Properties:
http://mlslink.mlxchange.com/Pub/EmailView.asp?r=1140918382&s=BRC&t=BRC

Vancouver House Foreclosures:
http://mlslink.mlxchange.com/Pub/EmailView.asp?r=1331290487&s=BRC&t=BRC

Vancouver Apartment Foreclosures:
http://mlslink.mlxchange.com/Pub/EmailView.asp?r=1029157606&s=BRC&t=BRC

Are you calling the listing agent directly? You should be working with a Buyer Specialist; we’ll do all the work and won’t charge you a nickel. Simply reply to this email and we’ll contact you within 24 hours!

I could also have them emailed to you ASAP rather than weekly, sign up for the VIP Buyers Program to learn more about our personalized services.

And please remember, I supply this information to you free of charge and without obligation with the hope that when you do decide to buy or sell your home, you’ll call me to help make it a reality.

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Insider Secrets Revealed:
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Is there anything specific you’d like to see in the newsletter? Let me know by replying to this email!
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, and much more that DOESN’T fit in this newsletter: Click Here.

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? Tired of leafing through hundreds of listings to find what you’re looking for? This is a free service and will allow you to view only the homes that you're interested in seeing. Become a Vancouver Real Estate VIP Buyer and beat other buyers to all the hot new listings.

Wondering what your home is worth? Probably more than you think! Find out with an Over the Phone Market Evaluation.

I’ve put up all the past newsletters on a blog! So if your dog eats your email, you can always check it out by Clicking Here.

If you are receiving this newsletter from someone else and would like to sign up to receive it directly, please Click Here.

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Latest Stats: Thinking of buying a home and renting it out?
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Apartment Vacancy Rates 2003-2005:
http://www.gvrd.bc.ca/growth/keyfacts/vacancy.htm

Average Apartment Rents 1998-2005:
http://www.gvrd.bc.ca/growth/keyfacts/rent.htm

For more Vancouver Real Estate stats, Click Here

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Community Corner:
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The Weekly Real Estate Update goes out to over 2500 people a week, and would be a great place to get some attention for your community event. So feel free to email me and I’ll put it here free of charge. Just another way of thanking you for your business…

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Quick Over-the-Net Home Evaluation

Become a VIP Buyer and Beat Other Buyers to all the New Listings

Access Vancouver Real Estate Information

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Thanks for reading!