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Vancouver Real Estate Foreclosures: Quick Pulse Check

March 19th, 2019

Foreclosure Pulse Check: 

All of Lower Mainland REBGV Area: 19 attached units out of 6845 units listed or .277%.
All of Lower Mainland REBGV Area for Detached units:
34 units out of 5469 units listed or .622%.
Whistler: 0 Detached Foreclosures out of 78 listings
              0 attached Foreclosures out of 200 listings

To my knowledge these numbers are more favourable AT THIS MOMENT than they w ...

Jesse Wowk Elementary School and The Richmond Christian School: Best Catchment Area Homes for Sale

March 17th, 2019
I just uploaded a list of homes for sale within easy walking distance of Jesse Wowk Elementary School and the Richmond Christian School.  Both of these schools have achieved excellent rankings from the Fraser Institute.  It is partly because of these two schools that homes in the area are sought after by parents who place academic excellence at the top of their priorities for their children.

I ...

Vancouver Real Estate Foreclosure: Quick Pulse Check

November 8th, 2018

Foreclosure Pulse Check: 

All of Lower Mainland REBGV Area: 16 attached units out of 6691 units listed or .2%.
All of Lower Mainland REBGV Area for Detached units:
21 units out of 5999 units listed or .3%.
Whistler: 0 Detached Foreclosures
              0 attached Foreclosures

To my knowledge these numbers are more favourable AT THIS MOMENT than they were during the lull in 2012-2013.

My ...

1357 Jones Avenue North Vancouver For Sale

October 12th, 2018
I just listed this 70' X 120' potential subdivision lot in Central Lonsdale for $1,899,000. Amazing corner lot where adjacent similar lot has already been subdivided into 2X35'X120' lots, 3 blocks from Carson Graham Secondary School and 4 blocks from the heart of Lonsdale.  SW Corner of W 14th St. and Jones Ave with a large west facing back yard. Call Arnold for details: 778-227-7325 thumb thumb thumb thumb

Richmond Real Estate Market Report Detached Houses

October 5th, 2018
Below are the latest statistics which include the month of September 2018.  I am including some graphs for the last 10 years so that we can see how 2018 compares to the highs and lows of the past decade. These graphs are dynamic in that you can scroll over any part of the curve and see the actual numerical value.  In addition, they will update automitically as the next month's data is uploade ...

Richmond Real Estate Report: New House Prices...Big Changes!

June 18th, 2018
Here is a table of all single family homes in Richmond that have been on the market for at least 280 days and which are less than 2 years old having lot sizes in excess of 6000 sq ft.

I produced this list to answer the question as to what is going on with the price of new properties that have been listed for at least 280 days.  Included here are the largest prices changes on each listing since ...

BC Politics and Vancouver Real Estate: One Year Later

May 3rd, 2018

On the Doorstep of the Greatest Single Local Loss of Wealth of All Time

We are a year out from the last provincial election, and a series of onerous provincial tax amendments on property taxes pertaining to housing as well as changes to the mortgage rules ordered by the Federal Superintendent of Financial institutions have impacted both the volume of residential transactions as well as the pre ...

302-2101 McMullen Avenue; Just sold!

April 7th, 2018
I just sold an 1173 sq ft condo in Quichena in a multiple offer scenario.... It is going to make a great home for my client's family who just bought it!

MLS# R2241653 My New Townhouse Listing 14-9088 Jones Rd. Richmond

February 20th, 2018
MLS #R2241653 Just listed.  A 3 br + den or additional Bedroom in nice shape.  New carpet, granite countertops in kitchen, new hot water heater in 2017 and fresh paint throughout.  Open house this weekend.  Easy to view. Call Arnold for an appointment at 778-227-7325

Mortgage Interest Rates: What's a Few Points?

January 15th, 2018
Here is the latest article from the Financial Post on impending interest rate increases http://business.financialpost.com/news/fp-street/royal-bank-raises-posted-fixed-five-year-mortgage-rate-to-5-14-per-cent.  None of this is bullish for real estate prices, and that is how most rational people view the impact.
On the other side of the world in Beijing, where I arrived last week, many smal ...
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