New Home Buyers Alert: Before You Sign on the dotted line… - 01/26/09 07:35 PM
Did you know that a potential buyer of a new home in walking into the developer's pre-sale office without a professional REALTOR® is compromising their position by automatically limiting their representation?
It is not possible for the developer's agent to fulfill all the duties to both parties in a situation where, what is called, a limited dual agency relationship has been agreed to. 
Don't be confused or misled about the role of a full-service REALTOR® and how you will benefit.
Far too often new home buyer's sign up for a "V.I.P." pre-registration, and then not realizing all of the consequences, consent … (1 comments)

What will record low interest rates mean for home buyers? - 01/21/09 05:06 PM
Following the latest Bank of Canada's overnight rate cut from 1.50% to 1.00%, Canada's banks have cut their prime lending rates by a half-point to a record low of three per cent, and reduced some fixed and floating-rate mortgages.
The answer home buyers' will be seeking surrounding this all-time low interest rate, will be how this is going to affect medium and longer-term mortgage rates?
re-blog
John in Port Moody
… (0 comments)

An Exciting Future for Port Moody, BC... - 01/17/09 06:19 PM
The City of Port Moody wants to hear your feedback on the draft policies and proposed land use changes.
Since the Official Community Plan (OCP) review process began, hundreds of community members shared their own vision and provided input for the future of Port Moody.  
As a result of this, updated OCP policies have been drafted and await your final feedback at upcoming community meetings scheduled in Port Moody as follows:
Monday, January 19, Glenayre Community Centre
Thursday, January 22, Heritage Mountain Community Centre
Monday, January 26, Wellness Room, Recreation Complex
Wednesday, January 28, Old Orchard Hall
Thursday, February 5, Kyle Community … (2 comments)

Metro Vancouver Housing Inventory drops almost 37%… - 01/17/09 12:52 PM
On September 30, 2008, the Real Estate Board of Greater Vancouver (REBGV) had a total of 22,605 active listings.  This recent high may have caused some panic because there were only 13,574 listings exactly one year earlier.

Yesterday I did a XPROP search for all REBGV active listings and this is what I found:

As David Clayton-Thomas lyricized,"What goes up must come down"; to 14,258! 
The selection that was available to buyers just 3 1/2 months ago has now diminished considerably (as in a 36.9% drop).
Speaking to some of my Prudential Realtor colleagues who have been through a market downturn or two, there's a general consensus that this sudden … (1 comments)

“Holmes on Homes” teams up with “Marketplace”… - 01/10/09 07:56 PM
Canada's Investigative Consumer Show, Marketplace, and Mike Holmes, HGTV's contractor of Holmes on Homes, collaborated for a CBC episode entitled, "New Home Nightmares".
Although it only scratches the surface, this production demonstrates how the legislative system in Canada is badly broken leaving home buying consumers at the mercy of unscrupulous home builders and developers, and ineffective protection agencies and government.
As inadequate as the minimum standards of the building code are (Holmes calls it, "minimum code crap".), they are still not being met, nor are they being properly enforced.
The negligence on behalf of government is so widespread consumers are believing that … (4 comments)

BC Assessment: Is your tax assessment correct? - 01/04/09 08:52 PM
Homeowner advocate and local Realtor, John Grasty, offers Tri-City area homeowners (and buyers) relevant property information, including comparable sales data and the most up to date and accurate picture of activity and trends for a particular market.
"This is simply neighbourhood intelligence", says Grasty, one of the first 50 Realtors (out of over 98,000) in Canada to offer "Market Snapshot" as an added-value service, and with no strings attached. 
"Homeowners have better choices by staying abreast of their own market, including a chance to respond to changes that are likely to affect the real estate market in their area," and Grasty … (0 comments)

Nosey neighbours? We don't think so! - 01/02/09 01:03 PM
With an insatiable appetite for answers it seems we are hardwired to be curious. 
Being in the know we have a chance to respond to changes that are likely to affect the real estate market in our area.
It is not nosiness but an inquisitive quality that allows us to stay abreast and ultimately have choices.
We call this [...]
… (0 comments)

2009 Commitment to Clients... - 01/01/09 06:52 PM
There were 9,616 Realtors just in the Real Estate Board of Greater Vancouver as at November 30, 2008, and membership has been declining since June.
A question to be asked by all buyers and sellers right now is, "How does your Realtor's tile hang"?
During these challenging economic times many Realtors will likely let their licence lapse for various reasons.
Others have taken on a second job to make ends meet, or have temporarily parked their licence with a brokerage for a small fee.
How can a part-time Realtor be working in the best interest of their client?  Staying on top … (0 comments)

 
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Port Moody REALTOR, Coquitlam REALTOR, JOHN GRASTY, Prudential Sterling Realty

Port Moody, BC

More about me…

for real estate results in the Tri-Cities.

Address: 3137 St. Johns St, (Coquitlam-Port Moody-Port Coquitlam Real Estate), Port Moody, BC, V3H 2C8

Office Phone: (604) 421-1010

Cell Phone: (778) 878-0778

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(formerly the Adoxographist's Blog) ...skilled writing about an unimportant subject, or is that unskilled writing about an important subject? Well I don't know so as things unfold please judge for yourself... ...don't forget to leave a comment, and thanks for visiting. John Grasty is a REALTOR® serving the Tri-Cities (Coquitlam - Port Coquitlam - Port Moody) real estate market. Please check out John's website: http://www.RealEstateEvolved.com


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