Share Sixteen (16) East a New Townhouse Presale Residential Condo Development in Vancouver’s Mount Pleasant
Sixteen East is anew Townhome development by Epix located at the north east corner of East 16th Avenue and Prince Edward Street in Vancouver’s Mount Pleasant district. This Vancouver presale condo development will have 17 units and Continue Reading…
The Village on False Creek Condo Sale February 2011
The long troubled Millennium Water Residential Condominium Development at Vancouver’s Olympic Village in South East False Creek has been recently renamed The Village on False Creek is now on sale. The condo complexes for sale are “Bridge” at 1616 Columbia Street and 150, 170, 180 Athlete’s Way as well as “Kayak” which is 1633 Ontario Street, 77 Walter Hardwick Avenue, and 12 Athlete’s Way with 5 condo buildings in total.
Remember folks! This is not a Presale Condo! You will need to Complete on these properties very soon after you get an accepted offer!
The pricing on The Village on False Creek is not super low, but it is in line with whats happening overall in the market. The market response has been phenomenal (due to Rennie Marketing’s spectacular media campaign and a hot real estate market) and sales have been very active.
My name is Mike Stewart and I am an award winning residential Real Estate Agent in Vancouver, British Columbia, Canada and here is an explanation and breakdown of the Real Estate Commissions I charge Sellers to assist them in the sale of their properties.
When I am hired (by way of a Listing Contract which specifies the Commission) to sell a property I am referred to as the Listing Agent.
In Vancouver, Buyers generally DO NOT pay commissions to their real estate agents!
Commissions I Charge Real Estate Sellers in Vancouver:
The New 2011 Department of Finance Mortgage Rule Changes and Real Estate in Vancouver
Canada’s Department of Finance, which oversees and regulates Canada’s mortgage market which has a huge impact on Real Estate in Vancouver has enacted a new series of measures to cool the property market across Canada. The changes announced on January 17, 2011 are designed to allow the government to cool the Real Estate Market without affecting the overall economy by raising the Bank of Canada’s Prime Rate.
Call in the Expert!
As I am Realtor and not a Mortgage Broker, so I called in the expert to answer my questions on the new rules. Jessi Johnson, a Vancouver Mortgage Broker was kind enough to meet with me and explain the changes in detail.
Since there was sooo much detail, we broke up the discussion on the New 2011 Department of Finance Mortgage Rules and its effects on Vancouver Real Estate into a three part series. In part one of the series we are going to talk about the changes to maximum amortization.
The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the region’s largest communities. The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the 10-year average in both categories for January.Continue Reading…