Blog by Morgan Duvernet

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Sellers of Detached homes in North Vancouver are officially in a SELLERS MARKET!

April 4th, 2013

Spring is looking up for detached home owners in North Vancouver with a sales ratio average of 30%. Homes are currently selling on average of 1% below list price.

The most active price band is $600,000 to $1,000,000 with an average of 59% sales ratio this is almost 6 in 10 homes selling.

If you are thinking about buying a detached home in North Vancouver your best bet is homes priced between ...

March Brings a Balanced Condo Market to North Vancouver

April 4th, 2013

The March 2013 North Vancouver Real Estate Market Statistics are out!

Things are starting to look up for the condo market in North Vancouver.

In March the official market type for Condos in North Vancouver was a BALANCED MARKET at a 18% Sales Ratio average.

North Vancouver condos and townhomes are selling on average 1% below their list price.

The most active price band in March was $600,000 t ...

Vancouver Real Estate Buyers could be Waiting a Long Time for a Price Collapse

January 8th, 2013
This headline for an article in the Vancouver Sun from last week was a great way to kick off 2013. 
"Vancouver real estate buyers waiting for a price collapse in 2013 could be in for a long wait
 
Sales remains strong despite cool condo market"
Read more: http://www.vancouversun.com/business/Vancouver+real+estate+buyers+waiting+price+collapse+2013+could+long+wait/7754204/story.html#ixzz2HP ...

BC First-Time New Home Buyers' Bonus

September 5th, 2012

If you are a first time home buyer and considering new construction you should know about the BC First Time Buyers Bonus.

 

What is the BC First Time Home Buyers Bonus:

The BC First-Time New Home Buyers' Bonus is a one-time bonus payment worth up to $10,000 for first-time new home buyers in BC.

Applicants can receive a cheque of up to $10,000, if they qualify, and the amount of the bonus is n ...

Metro Vancouver property assessments see wide variation in 2012

January 4th, 2012

The unpredicted spike in home sales and prices in early 2011 has made property assessments increase significantly this year. From up to 15% in North Vancouver to 30% in West Vancouver and the West Side of Vancouver.

Squamish, Whistler, and Pemberton will see small decreases but over all 2011 was a great year for Real Estate in Vancouver and 2012 is looking positive!

For all of your Real Estat ...

Balanced Real Estate market through 2011

January 4th, 2012

The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per ce ...

Greater Vancouver housing sales, prices projected to rise in 2011

February 23rd, 2011

As reported earlier today by BIV Business Today things are looking promising for the Vancouver Real Estate Market.

I posted a few days ago 3 reasons to buy in the next 30 days, these stats just reiterate why investing in Vancouver's Real Estate market is a good choice for everyone.

As we enter another busy spring real estate market here in Vancouver we are seeing downtown condos and houses ...

3 Reasons to Buy in the Next 30 Days

February 18th, 2011

I literally get hundreds of e-mails daily from developers, mortgage brokers, other Realtors, and way to much spam.

I try to get through all of my e-mails just so I don't miss important client e-mail in the mix.

Last night I got this e-mail from the guys over at Onni Developments and I felt like it needed to be shared.

We are seeing constant changes to our Real Estate market and mortgage rules ...

Great Opportunities for Buyers in Vancouver's Real Estate Market

September 6th, 2010

As we approach the fall we are defiantly in a Buyer’s Market. This comes with some great opportunities for buyers, particularly for first time home buyers getting into the Real Estate market. We are still seeing interest rates at historical lows and even with a decreased amount of listings there are still great properties available.

As a buyer, this market allows you to take your time, this i ...

The Housing Market Feels the Impact of HST

August 17th, 2010

It is not a surprise to many that the implementation of HST in British Columbia this July has affected the Real Estate market.

Even with all the doom and gloom that the media is constantly portraying things are still not that bad. We saw both buyers and sellers trying to complete sales before the HST came into effect at the beginning on the summer which has lead to a slower July than previou ...

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