Video Blog Tour - 45 Bedard Cr., Port Moody

Outstanding home, cozy & well kept, situated on a HUGE private lot on a quiet friendly street in Port Moody’s sought-after College Park area.  In walking distance to 3 levels of schooling, or a short bus ride to the West Coast Express or Lougheed skytrain.  Fully renovated in 2002 with screened vinyl windows, gas fireplace, hardwood floors & wooden cabinets. Newer updates include: metal roof (2 years old), rear shed (with electricity & phone services) & rear fence.  Backing onto a peaceful ravine, enjoy the tranquil setting of nature surrounded by mature trees, countless flowers, plants & plum trees.  Don’t be deceived by the size - it’s well laid out with plenty of storage space in the shed & crawl space.  Great for entertaining with French doors off the kitchen leading on to a large private deck. A must see!

May 17, 2010 - Cade Crossing (1102 Cawthra Ct., Coquitlam)

ONLY 2 HOMES LEFT!!

Prices Range from $739,900 - 749,900 + HST

OPEN HOUSE SATURDAY & SUNDAY FROM 2-4PM

Outstanding Value. Cade Crossing , a collection of contemporary styled homes. Best value in Coquitlam!  Lowest price per square foot for new homes in Coquitlam (3730 - 3782 sqft). Luxurious finishings throughout.Features include open floorplan on the Main, gas fireplace, large contemporary styled kitchen,  media room (down), 4 bedrooms up with Huge Master Bedroom featuring His & Her walk-in-closets, 2-5-10 Warranty, and a 2 bedroom legal basements suite. Great mortgage helper , rent for approx $1200/month .Built Green & Power Smart. Central location close to Coquitlam Centre, Westcoast Express& major transportation routes.Located on Dewdney Trunk Rd.2 blocks away West of Mariner Way.

Open House every Sat & Sun 2-4 PM.

VANCOUVER, B.C. – April 6, 2010 – A steady influx of new listings has helped create a balanced ‘typical spring’ housing market in the Greater Vancouver region.

The Real Estate Board of Greater Vancouver (REBGV) reports that new listings for detached, attached and apartment properties in Greater Vancouver totalled 7,004 in March 2010. This represents a 60 per cent increase compared to March 2009 when 4,385 new units were listed, and a 52.1 per cent increase compared to February 2010 when 4,606 properties were listed on the Multiple Listing Service® (MLS®).

At 13,538, the total number of property listings on the Multiple Listing Service (MLS®) increased 19 percent in March compared to last month, but remains 7.6 per cent below this time last year.

“The total number of homes listed for sale on our MLS® is at its highest level in 10 months, which translates into more options and variety for those looking to buy during the traditionally busy spring period,” Jake Moldowan,

REBGV president said.

Residential property sales in Greater Vancouver reached 3,137 in March 2010, a 38.5 per cent increase compared to March 2009, a 4.7 per cent increase over March 2008, and a 12.4 per cent decrease compared to March 2007. The current figure also represents a 26.8 per cent increase compared to the 2,473 sales recorded in February 2010.

“With a sales-to-listing ratio of 23 per cent, we see a healthy balance between buyer demand and seller supply in the marketplace,” Moldowan said.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 20.3 per cent to $584,435 from $485,845 in March 2009. This price is 2.8 per cent above the previous high point in the market in May 2008 when the residential benchmark price sat at $568,411.

Sales of detached properties in March 2010 reached 1,336, an increase of 49 per cent from the 897 detached sales recorded in March 2009 and a 19.7 per cent increase from the 1,116 units sold in March 2008. The benchmark price for detached properties increased 23.3 per cent from March 2009 to $800,341, but declined 0.6 per cent compared to last month when the benchmark price was $800,796.

Sales of apartment properties in March 2010 reached 1,252, an increase of 28.3 per cent compared to the 976 sales in March 2009 and a decline of 8.6 per cent compared to the 1,370 sales in March 2008.The benchmark price of an apartment property increased 17.3 per cent from March 2009 to $395,507 and is up 1.2 per cent compared to last month when the benchmark price was $390,899.

FOR THE COMPLETE STATS PACKAGE CLICK ON THE LINK BELOW:

rebgv_stats_package2c_march_2010_pdf

*Source: REBGV Stats Package April 6, 2010

For information on how the Harmonized Sales Tax will effect residential real estate in BC, please click on the link below:

hst-for-real-estate-in-bc