Tag Archives: Downtown Vancouver Real Estate and Economics

April 2011 Real Estate Board of Greater Vancouver Statistics Package

Posted on May 3, 2011 by mike

REBGV Statistics Package April 2011
Greater Vancouver housing market sees typical spring activity in April

Greater Vancouver saw a typical, solid month of residential home sales on the Multiple Listing Service® (MLS®) in April, in contrast to the near record pace witnessed in the two preceding months.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 3,225 in April 2011, an 8.2 per cent decrease compared to the 3,51 Continue reading →

Posted in: For Buyers, For Sellers, Real Estate Board of Greater Vancouver (REBGV) Monthly Sales Statistics
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First Time Home Purchase Advice Vancouver 7: Contract of Purchase and Sale Overview

Posted on October 13, 2010 by mike

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So you’re ready to write an offer and your Realtor has had you read and sign several disclosures as we discussed in Episode 6 First Time Home Buyers Advice.

A Real Estate Offer is a Contract of Purchase and Sale in BC?

Contract of Purchase for Vancouver BC Courtesy of Mike Stewart Realtor

Yes! In British Columbia, a Real Estate Offer is officially referred to as a Contract of Purchase and Sale. The sample offer or Contract of Purchase and Sale BELOW is a generally a 4 to 7 page document and has three main us Continue reading →

Posted in: Contract of Purchase and Sale | BC Real Estate Offers Explained!, First Time Home Buyers Advice for Vancouver, For Buyers
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A Cool Animation That Visualizes the Credit Crisis of 2008-2009 by Jonathan Jarvis

Posted on March 30, 2009 by mike
The Currency Crisis Explained in Animation! By Mike Stewart
View in HD  Download 720p HD Version  Visit Mike Stewart’s ExposureRoom Videos Page

I saw this great animation about the Credit Crisis and I thought I’d share it. Its by Jonathan Jarvis as part of his thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California.


The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

What do you think?

Posted in: For Buyers, For Sellers
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When will Vancouver Real Estate Prices Hit Bottom? Beware of Those Telling you its Happening as its Happening!

Posted on March 26, 2009 by mike

Hi All,

Pretty much everyday someone asks me when prices in the Vancouver real estate market will hit bottom and everyday I say I don’t know.

I say I don’t know, because I don’t have a crystal ball and can’t see the future and as I licensed Realtor I can be liable if people take a hit relying on my predictions.

There are people out there who are saying they KNOW when the prices will hit bottom and they can tell when prices are bottoming as they are hitting bottom. Don’t trust these people!

What happens if prices stabilise and a bottom is called and then prices fall again? Nobody can accurately predict a market bottom and don’t trust those who say they can.

The market bottom can only accurately ascertained with 100% certainty AFTER it has been hit.

In making your decisions about buying or selling real estate and timing your transactions, do your own research. Read widely and speak to a variety of people with different viewpoints. Don’t rely on those who have simple answers that are too easy.

If something is too good to be true, more than likely it isn’t true.

Please leave a comment, I’d love to hear your thoughts!

Posted in: For Buyers, For Sellers
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