Saturday, January 31, 2009 Open House. OPEN HOUSE: Saturday, Jan 31st, 2-4pm and Sunday, Feb 1, 2-4pmCategories:Downtown NW, New Westminster 
Please come visit me at my Open House at # 1501 813 AGNES ST in New_Westminster.
OPEN HOUSE: Saturday, Jan 31st, 2-4pm
and Sunday, Feb 1, 2-4pm This Penthouse unit has a bargain-basement price tag. This top-floor corner unit, with two fully separated bedrooms plus a den, is ideal for young families, retirees, or people who share and need privacy.This nearly new unit has also had some classy updates, including new floors and double glass doors into the den. The den is the bonus in this unit - media room? office? dining room? 3rd bedroom? The News is only a few minutes away from Douglas College and the soon-to-be redesigned New Westminster Skytrain Station which will include a shopping precinct. Take advantage of the market! Buy Now! Monday, January 26, 2009 New property listed in Downtown NW, New WestminsterCategories:Downtown NW, New Westminster Real Estate
I just listed a new property at # 1501 813 AGNES ST in New_Westminster.
This Penthouse unit has a bargain-basement price tag. This top-floor corner unit, with two fully separated bedrooms plus a den, is ideal for young families, retirees, or people who share and need privacy.This nearly new unit has also had some classy updates, including new floors and double glass doors into the den. The den is the bonus in this unit - media room? office? dining room? 3rd bedroom? The News is only a few minutes away from Douglas College and the soon-to-be redesigned New Westminster Skytrain Station which will include a shopping precinct. Take advantage of the market! Buy Now! Monday, January 26, 2009 First OPEN HOUSE: Sat & Sunday, 2-4pmCategories:Downtown NW,New Westminster
Please come visit me at my Open House at # 1501 813 AGNES ST in New_Westminster.
OPEN HOUSE: Saturday Jan 31st, 2-4pm AND Sunday, Feb 1, 2-4pm This Penthouse unit has a bargain-basement price tag. This top-floor corner unit, with two fully separated bedrooms plus a den, is ideal for young families, retirees, or people who share and need privacy.This nearly new unit has also had some classy updates, including new floors and double glass doors into the den. The den is the bonus in this unit - media room? office? dining room? 3rd bedroom? The News is only a few minutes away from Douglas College and the soon-to-be redesigned New Westminster Skytrain Station which will include a shopping precinct. Take advantage of the market! Buy Now! Friday, January 23, 2009 I sold a property at 20914 ROSEWOOD PL in Maple_RidgeCategories:Southwest Maple Ridge, Maple Ridge 
I just sold a property at 20914 ROSEWOOD PL in Maple_Ridge.
Don't be fooled by the headlines! Now is the best time to be buying or moving up while prices are back at affordable levels. This renovated house offers buyers looking for their first house a great opportunity. The above-ground bsmt offersrevenue potential or more room for a bigger family. The big fenced yard can be an adventure for both child and dog, and there are shops, restaurants, and public transit nearby. Whatever the current market, the history of the market in Metro Vancouver over the past 25 years tells us the prices will again rise, despite the short-term drops, and climb to ever higher levels. The new Golden Ears Bridge will make Maple Ridge an even more desirable place to buy, to invest, and to live than it is now!! Tuesday, January 6, 2009 Vancouver West Real Estate Stats - Detached Houses - December 08Categories:stats,Vancouver West The following is a summary of stats released by the Real Estate Board of Greater Vancouver. Most of it is specific to detached houses on the Westside of Vancouver. Housing Price Index
September: $1,315,517
October: $1,279,528
November: $1,116,267
December: $1,165,007
3-Month Average: $1,186,934
1-Year Change: -16.6%
3-Year Change: +22%
5-Year Change: +64%
Number of Sales
September: 46
October: 52
November: 25
December: 56
Number of New Listings
September: 314
October: 232
November: 128
December: 74
Total Active Listings (includes condos)
September: 4314
October: 4241
November: 4112
December: 3424
Total Sales (Includes condos)
September: 323
October: 285
November: 185
December: 211
Summary
The number of listings is down, and -- as predicted -- prices and sales volume are both up. Yes, you read that correctly -- prices are up since November. And for the fourth straight month, the number of listings -- both total listings and new listings -- has decreased. Supply is dwindling!
However, nobody expects this to continue into January. With buyers coming back into the game, January will bring us many new listings, which I am very much looking forward to! Prices are not likely to go significantly lower, and are likely to stabilize at their current rate until the buyers come back and prices start rising again.
December 2008 is also the first time since 1981 where there were more sales in December than in November. It is also worth noting that there were 56 sales in December 2008 -- exactly the same number of sales as in December 2007.
While prices aren't likely to change much in the next year, it is looking like 2009 is going to be a fantastic year for Real Estate. Buyers, start your shopping! Tuesday, January 6, 2009 Real Estate Board - Press Release2008 brought improved housing affordability to Greater VancouverVANCOUVER, B.C. – January 5, 2009
The record-breaking real estate market cycle in Greater Vancouver, longer than normal at seven consecutive years, ended in 2008 amidst global economic challenges. The change brought relief from rising prices that saw benchmark prices escalate from $357,770 for a single family detached home in December 2001 to $648,421 by December 2008.
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties decreased 35.3 per cent in 2008 to 24,626 sales compared to 38,050 sales in 2007. Property listings for the year increased 13.9 per cent to 62,561 compared to 2007 when 54,945 new properties were listed.
“Trends in the latter half of 2008 showed a consistent month-over-month decrease in residential housing prices, adeparture from the rising home prices and record-breaking sales that were experienced in Greater Vancouver for much of this decade,” said REBGV president, Dave Watt.
“It’s also important to note that our December statistics show a third consecutive month of a decrease in active property listings in Greater Vancouver. That means supply is coming down,” Watt said. “Last month was also the first time in 27 years that Greater Vancouver homes sales for December were higher than November.”
Residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 10.9 per cent between Decembers 2007 and 2008. Since May 2008, the overall residential benchmark price has declined 14.8 per cent in Greater Vancouver to $484,211 from $568,411.
“For buyers, lower prices haven’t been a concern as much as the perception that prices are falling. It’s difficult to identify the ‘bottom’ of the market. The reality is that people tend to buy when prices are going up, not when they’re going down,” Watt said.
In December 2008, sales of detached, attached and apartment properties totalled 924, a decrease of 51.3 per cent compared to the 1,897 sales in December 2007.
New listings for detached, attached and apartment properties declined 8.6 per cent to 1,550 in December 2008 compared to December 2007 when 1,695 new units were listed. Total listings in December declined 17.2 per cent to 15,193 from the 18,348 total active listings in Greater Vancouver in November 2008.
Sales of detached properties in December 2008 declined 48.7 per cent to 348 from the 679 units sold during the same period in 2007. The benchmark price for detached properties declined 11.2 per cent from $730,399 in December 2007 to $648,421 in December 2008. Since May 2008, the benchmark price for a detached property in Greater Vancouver has declined 15.9 per cent.
Sales of apartment properties declined 53.7 per cent last month to 417 compared to 901 sales in December 2007. The benchmark price of an apartment property declined 11.7 per cent from $377,579 in December 2007 to $333,275 in December 2008. Since May 2008, the benchmark price for an apartment property in Greater Vancouver has declined 14.5 per cent.
Attached property sales in December 2008 decreased 49.8 per cent to 159, compared with the 317 sales in December 2007. The benchmark price of an attached unit declined 7.4 per cent from $456,941 in December 2007 to $423,338 in December 2008. Since May 2008, the benchmark price for an attached property in Greater Vancouver has declined 11.6 per cent. Categories: 2607 | Brackendale, Squamish Real Estate | Cambie | Campbell Valley, Langley Real Estate | Collingwood VE, Vancouver East Real Estate | comedy | Cottonwood MR, Maple Ridge Real Estate | County Line Glen Valley, Langley Real Estate | detached | Downtown NW | Downtown NW, New Westminster | Downtown NW, New Westminster Real Estate | Dunbar, Vancouver West | Dunbar, Vancouver West Real Estate | Durieu, Mission Real Estate | East Central, Maple Ridge Real Estate | False Creek North | False Creek North, Vancouver West | Glenwood PQ, Port Coquitlam Real Estate | graphs | greater vancouver | investors | Kitsilano, Vancouver West | Kitsilano, Vancouver West Real Estate | Maple Ridge | Mount Pleasant VE, Vancouver East Real Estate | New Westminster | news stories | press release | real estate | rebgv | S.W. Marine, Vancouver West | S.W. Marine, Vancouver West Real Estate | Sapperton, New Westminster Real Estate | selling tips | Shaughnessy, Vancouver West | Shaughnessy, Vancouver West Real Estate | Southlands, Vancouver West | Southlands, Vancouver West Real Estate | Southwest Maple Ridge | Southwest Maple Ridge, Maple Ridge | statistics | stats | Stave Falls, Mission Real Estate | Steveston South, Richmond Real Estate | Surrey | Thornhill, Maple Ridge Real Estate | University VW, Vancouver West Real Estate | Upper Squamish, Squamish Real Estate | vancouver | Vancouver Real Estate | Vancouver West | vancouver west-side | Vancouver, BC Real Estate | Vedder S Watson-Promontory, Sardis Real Estate | Websters Corners, Maple Ridge Real Estate | West Newton | west-side | west-side vancouver | Westwood Plateau, Coquitlam | Whistler, Whistler Real Estate | Whonnock, Maple Ridge Real Estate |
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- Dexter Associates Realty
- 2094 West 43rd Avenue
- Vancouver, BC
- V6M 2C9 Canada
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