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April 2011 Real Estate Board of Greater Vancouver Statistics Package

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 3,512 sales in April 2010 and a 21 per cent decline compared to the 4,080 sales in March…

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First Time Home Purchase Advice Vancouver 7: Contract of Purchase and Sale Overview

 Updated May 3, 2019 by Mike Stewart PREC So you’re ready to write an offer and your Realtor has had you read and sign several real estate 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? 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 8+ page document and has three main uses: Communication - The Contract…

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A Cool Animation That Visualizes the Credit Crisis of 2008-2009 by Jonathan Jarvis

The Currency Crisis Explained in Animation! By Mike StewartView 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?

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When will Vancouver Real Estate Prices Hit Bottom? Beware of Those Telling you its Happening as its Happening!

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…

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Will Inflation make a Comeback and How Will it Affect Vancouver Real Estate?

Stimulus packages coupled with ultra low interest rates are attempts by national governments and central banks to reflate economies around the world. If these efforts are successful (I think they will) I think inflation will be an issue in 2-3 years in Canada. I think elected politicians and to a lesser extent central bankers will find it very difficult to stop priming the pump once things improve. I think changes in the Chinese economy will also push up inflation as we move forward. A 2007 Report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)…

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Will the Stimulus Package help Vancouver Real Estate?

Hi All, The global recession has caused national governments around the world to enact huge stimulus packages to get their economies going. I think with the global nature of stimulus efforts we should pull out of this recession in line with the Bank of Canada and other commentators predictions by 2010. What are your thoughts? Is it the end of the world? Are we going into another Great Depression? I'd love to see your comments below. I found this great interactive map on the Economist site and I wanted to share it. If you click on the countries you can…

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Why Vancouver Real Estate is Doing What its Doing By Paul Krugman

The Financial Crisis Explained by Paul Krugman! By Mike Stewart View in HD Download 480p Version Visit Mike Stewart's ExposureRoom Videos Page Have a look at this article below by Paul Krugman that I recently read in the Guardian. It explains clearly and in an easy to understand manner, what in the US and its effect on the rest of the World. I am a big fan of Paul Krugman. I took Political Science at Simon Fraser University and I read alot of his stuff. I love it and I'd love to hear your thoughts! We all go together when…

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