Houses for Sale
![Buying first home [POWER POINT PRESENTATION]](https://www.myvancouverproperty.ca/wp-content/uploads/2014/08/presentacion.png "Buying first home [POWER POINT PRESENTATION]")
Here is a link to my presentation for first time home buyers. Big thanks for everyone who made it to out meet up!
Link to the presentation – Buying your first home
Link to our meet up group – Everything Real Estate
The BC Land Title Office in New Westminster has records of every property owned in Greater Vancouver Area. What’s more surprising that you can easy request names of owners for each property. Property registry information is public information and can be disclosed to anyone.
These types of searches aren’t free. Cost for each search is just under $10. If you have enough money you can find out who every property in BC.
Becoming a landlord is exciting. If you are thinking of purchasing a condo in Greater Vancouver as an investment property you are moving in the right direction.
Investment strata properties are very popular in Vancouver. Condo rentals are especially popular in downtown core. As a new landlord you have a choice of renting a furnished or unfurnished suite.
Renting an unfurnished suit it’s pretty straight forward. Usually you would lease it out to someone for at least a year. It would be up to your tenant to furnish the unit.
Furnished rentals are increasing in popularity in Vancouver. They do require a larger upfront investment but the return most of the time is well worth the effort. Usually with furnished rentals they would be rented for a short period 2-3 months at the time. Which could mean that you are able to charge double the rent as opposed to the unfurnished renal unit.
Some strata corporations in Vancouver are becoming increasingly aware of short term executive rentals and are changing their by-laws to prevent them. Strata corporation are changing their by-laws to allow a minimum of 1 year lease thus preventing short term rentals.
If you are looking to get into executive rentals, be sure to double check all of strata by-laws regarding rental restrictions. Also be sure to check any possible upcoming amendments to the rental restriction by-laws.
For more information call or email me today: Oleg 604-564-7052 or [email protected]
Please, keep in mind that I am a licensed real estate agent and not a licensed property manager.
![Home buyers continue to slightly outpace sellers, but not by much [REPORT]](https://www.myvancouverproperty.ca/wp-content/uploads/2014/07/homebuyers.jpg "Home buyers continue to slightly outpace sellers, but not by much [REPORT]")
DOWNLOAD FULL REPORT HERE >>> REBGV Stats Package, July 2014
VANCOUVER, B.C. – August 5, 2014 – The Greater Vancouver housing market continues to
see slightly elevated demand from home buyers, steady levels of supply from home sellers and
incremental gains in home values depending on the area and property type.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in July 2014. This
represents a 3.9 per cent increase compared to the 2,946 sales recorded in July 2013, and a 10.1
per cent decline compared to the 3,406 sales in June 2014.
“This is the fourth consecutive month that the Greater Vancouver market has exceeded 3,000
sales,” Darcy McLeod, REBGV president-elect said. “Prior to this, our market had not surpassed
the 3,000 sale mark since June of 2011.”
Last month’s sales were 3.8 per cent above the 10-year sales average for July of 2,948.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver* is currently $628,600. This represents a 4.4 per cent increase compared to July
2013.
“Today’s activity continues to put Metro Vancouver in the upper reaches of a balanced real
estate market,” McLeod said.
The sales-to-active-listings ratio currently sits at 19.6 per cent in Metro Vancouver. This ratio
has ranged between 18 and 20 per cent over the last four months.
New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,925
in July. This represents a 1.5 per cent increase compared to the 4,854 new listings in July 2013
and a 7.8 per cent decline from the 5,339 new listings in June.
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver
is 15,617, a six per cent decline compared to July 2013 and a 2.5 per cent decrease compared to
June 2014.
Sales of detached properties in July 2014 reached 1,322, an increase of 5.8 per cent from the
1,249 detached sales recorded in July 2013, and a 68 per cent increase from the 787 units sold in
July 2012. The benchmark price for detached properties increased 6.5 per cent from July 2013 to
$980,500.
Sales of apartment properties reached 1,212 in July 2014, an increase of 0.2 per cent compared to
the 1,210 sales in July 2013, and a 30.7 per cent increase compared to the 927 sales in July 2012.
The benchmark price of an apartment property increased 2.2 per cent from July 2013 to
$376,500.
Attached property sales in July 2014 totalled 527, an 8.2 per cent increase compared to the 487
sales in July 2013, and a 37.2 per cent increase over the 384 attached properties sold in July
2012. The benchmark price of an attached unit increased 3.4 per cent between July 2013 and
2014 to $472,400.
DOWNLOAD FULL REPORT HERE >>> REBGV Stats Package, July 2014