richmond bc real estate: Richmond April Housing Report - Detached Homes - 05/20/08 03:13 PM
Source: statistics from Real Estate Board of Greater Vancouver
Richmond Detached Home Housing Report - April 2008
The sales and listings statistics for Richmond in April continued to track the seasonal pattern of having more listings and sales. Over the past 4 months, more listings were added to the … (0 comments)
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richmond bc real estate: Richmond 1st Quarter Housing Sales Report - 05/04/08 02:04 PM
The lower sales for Richmond homes in the month of January and February 2008 can be attributed to the seasonally lower yearly real estate activities. Sales picked up from a low figure of 271 to 378 in February and reached a total sales figure of 427 in March.
This … (2 comments)
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richmond bc real estate: Interest Rates May Not Stay Low For Too Long! - 04/06/08 04:42 PM
While Canadian Prime Rate is expected to be reduced this coming April 22, 2008 interest rate-setting meeting by Bank of Canada, RBC’s recent forecast on 5-year bond rates is projected to move up the next few quarters.
Canadian home buyers will likely have another year of low interest before rates are expected … (1 comments)
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richmond bc real estate: Richmond BC Townhouse - Timberwood Village - 04/02/08 12:10 AM
#86 6880 Lucas Rd, Richmond Just Sold!
Interested to look for a similar property in this townhouse comeplex? Click here.
General description:
This townhouse complex is around 30 years old. There are in total 101 units consisted of 2-level 3 bedroom homes ranging in built-up area between 1,400 to 1,605 … (0 comments)
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richmond bc real estate: RE/MAX Richmond Realtor Acheiving AR 20,000 Points Milestone - 01/23/08 01:56 PM
There are wealth of real estate marketing information for individuals who are involved in the real estate related business like Realtors, Mortgage Advisors, Appraisers, Home Stagers, Real Estate Lawyers, Webmasters, etc.
AR allows me to blog and reach out to my fellow AR members and AR helps me to position my … (3 comments)
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richmond bc real estate: Red Hot Richmond BC Real Estate! - 01/09/08 04:54 PM
The B.C. 2008 property assessment notices sent out to home owners last week showed an increase of 10% to 20%in property values as compared with 2007.
The following is an article by Martin van den Hemel - Richmond Review - January 02, 2008:
Assessed values red hot
Most Richmond residents … (3 comments)
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richmond bc real estate: Richmond BC Housing Market > December 2007 - 01/05/08 02:39 PM
The median price for detached houses for December was higher than in November, and the year-over-year price was about 10% higher than December 2006 price.
So far, Richmond’s housing activities on listings and sales ratio remain healthy. CMHC is projecting further price gain in the Greater Vancouver house prices for … (2 comments)
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richmond bc real estate: Richmond's Million dollar Homes > Richmond MacMansions - 12/30/07 09:05 PM
Richmond's Million Dollar Homes
The reason why large-size lots are popular is because new homes built on these lots are in demand and they are selling for $1.35 to $2.00 million dollars. There are profit to be made for home builders who are in possession of such properties as they … (0 comments)
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richmond bc real estate: Richmond Real Estate > Housing Report for November 2007 - 12/28/07 07:41 PM
Richmond Real Estate Report
Although there was a drop in the median price for detached houses for November 2007, the year-over-year price was still higher. The number of listings over 90 days month-over-month is the key monthly figure to follow. This is one of the indicators to watch for any sign … (0 comments)
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richmond bc real estate: Richmond Townhouse For Sale - 12/05/07 06:45 PM
#9 - 6871 Francis Road, Richmond Asking Price: $389,000 SOLD Click here for another similar unit listed for saleThis townhouse will not last… beautiful, clean, spacious, rarely available Timberwood Village townhome; up-dated with new laminated wooden floor, new carpets and professionally painted. Centrally located, this townhouse complex is well run with … (0 comments)
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richmond bc real estate: Richmond BC Canada “A great place to live, work, play, and raise a family” - 12/01/07 08:57 PM
Are you planning to buy a home in Richmond, BC?
Real estate and home ownership is a proven asset that appreciates in value over time. It is a good hedge against modern day inflation which rises 3%-5% a year. Home owners fare better than those who do not own … (0 comments)
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richmond bc real estate: Richmond Townhouse For Sale - 12/01/07 04:48 PM
#9 - 6871 Francis Road, Richmond BC - Asking $389,000 SOLD!
86 6880 Lucas Road, Richmond
This townhouse is around 30 years old. This 3-bedroom townhome is an inside unit away from the traffic noise from Gilbert Road. The spacious living area, kitchen and dinning area are on the … (0 comments)
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richmond bc real estate: Steveston Village Townhouses > Mariners Village - 11/26/07 04:52 PM
Steveston Vinnage: Mariners Village - 11291, 11391, 11491 7TH Ave.
General description:
This Steveston Village townhouse complex is around 30 years old and the units are consisted of 2-level 2 and 3 bedroom homes ranging in built-up area between 1,100 to 1,550 square feet of living area. This townhouse complex is … (0 comments)
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richmond bc real estate: BC Home Mortgage - BC First Time Home Buyer - 11/22/07 07:28 PM
A BC first time home buyer can buy with 5% down payment if he is qualified for CMHC or Genworth financing. If you are a first time home buyer, check out if you are qualified to withdraw your RRSP savings as down payment under the "home buyer's plan". In addition, … (0 comments)
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richmond bc real estate: Buying a home through your local Richmond BC Realtor - 11/19/07 09:09 PM
Why you should use a local Richmond BC Realtor when buying your home in Richmond?
If you know what you want to buy, we can help you to identify the property, negotiate the price and assist you in closing the deal. We strive to make your buying experience more pleasant … (0 comments)
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richmond bc real estate: Richmond Townhouses - 6871 Francis Rd & 6880 Lucas Rd - 11/19/07 07:41 PM
General description:
This townhouse complex is around 30 years old and the units are consisted of 2-level 3 bedroom homes ranging in built-up area between 1,400 to 1,605 square feet living area. The townhouse units have different floor plans; most units are with 1 full bath and 2 half-bath, while … (0 comments)
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richmond bc real estate: Walk Score - how walkable is the home you listed for sale? - 11/15/07 07:35 PM
A fellow Richmond BC Realtor Jay Banks at Re/Max Crest Realty shared his "Walk Score" discovery on a Vancouver Blog that I stumbled upon. I am not sure if this gadget has been introduced to AR members by someone else before.
It is called Walk Score. It helps people find walkable … (4 comments)
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richmond bc real estate: Vancouver Housing Market - 11/14/07 02:17 PM
Over supply of new condos?
Some real estate analysts have expressed concern regarding the over supply of new condominium in Greater Vancouver, especially in downtown core. There are literally billions of dollars worth of new apartments slated for completion over the next 3 years.
Click here for the latest news … (0 comments)
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richmond bc real estate: Vancouver Leaky Condos - Part Two - 11/14/07 01:50 PM
Vancouver leaky condos are costly to fix
According to an estimate by the British Columbia's Homeowner Protection Office, there is a total of about 65,000 dwellings in British Columbia that are "leaky condos". As of 2002, 50,000 of them had been identified. The cost to a home owner for complete … (0 comments)
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richmond bc real estate: Vancouver Leaky Condos - Part One - 11/14/07 01:45 PM
Buyer beware
When buying a Condo or town home, home buyers are advised to carefully review the strata minutes, property disclosure statement and Form B. In spite of home buyers' careful review of all relevant documents and inspection by professional home inspectors, many still ended up buying condos that are … (0 comments)
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richmond bc real estate: Richmond Townhouses - 5740 Garrisaon Road, Richmond, BC - 11/13/07 07:31 PM
General description:
This townhouse complex is around 20 years old. This is a 3-level townhouse complex ranging in size from just over 1,600 to 1,715 square feet of living area with 3 bedrooms and 2.5 baths. The parking arrangement is one or 2 covered garage(s). The property tax for 2007 … (0 comments)
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richmond bc real estate: Richmond Townhouses - 7360 Minoru Blvd, Richmond BC - 11/13/07 07:24 PM
General description:This townhouse complex is around 20 years old. This is a 2-level townhouse complex with average built-up area around 1,450 to 1,500 square feet of living area with 3 bedrooms and 2.5 baths. The parking arrangement is one covered car-porch and one open parking spot. The property tax for 2007 … (0 comments)
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richmond bc real estate: Richmond Townhouses - 11771 Kingfisher Road - 11/13/07 07:18 PM
General description:
This townhouse complex is around 34 years old. These townhouses are seldom available for sale. Each unit is consisted of around 1,550 square feet of living area with 3 bedrooms and 2.5 baths. The parking arrangement is 2 covered car porches. The property tax for 2007 is around … (0 comments)
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richmond bc real estate: What to look for when buying your condo? - 11/12/07 09:56 PM
Condo living is the most likely choice for most young first time home buyers. The main reason if because of affordability and for some people it is a lifestyle choice. Most people are realistic that buying a condo is a stepping stone for them to own their first homes. They know … (0 comments)
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richmond bc real estate: Buy or sell first? - 11/10/07 09:59 PM
It's very common that a home owner is selling his present home and buying another home in the process. Buying or selling first becomes a tricky problem to solve. The most practical way to solve the problem is to sell and buy at the same time. "Pricing your house fairly" is … (0 comments)
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richmond bc real estate: Richmond Townhouses - 3880 Westminster Hwy - 11/10/07 03:17 PM
General description:
This townhouse complex is around 10 years old, and the townhouse units are consisted of 3 level homes ranging in built-up area between 1,540 to 1,620 square feet of living area. The townhouse complex has a good range of 3 and 4 bedroom units with 3 and 2.5 … (0 comments)
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richmond bc real estate: Why autumn is a good time to buy your home? - 11/10/07 01:07 PM
There are 2 time periods of the year that are good for listing and selling your homes. Historically, early spring and mid-summer are the most active period and best time for sellers listing their properties for sale. These time periods co-incide with better weather conditions and homebuyers planning to make a … (0 comments)
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richmond bc real estate: Vancouver housing market - 11/09/07 10:40 PM
Taking a pause?
Is Vancouver's detached house price in October taking a pause before heading up higher as in December 2006 and January 2007? Or, is this the top of the Vancouver housing market? The Calgary and Edmonton housing markets had already stalled for the past 3 months … (0 comments)
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richmond bc real estate: Richmond BC Realtor - 10/31/07 06:29 PM
What to look for when choosing a Realtor?
Working with a Realtor buying or selling your home is a partnership. You need to ensure that the Realtor you are working with has the local real estate knowledge and experience to do the job entrusted to him. And most important of all, … (0 comments)
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richmond bc real estate: Richmond Townhouses - 5988 Blanshard Drive - 10/28/07 01:46 PM
General description:
This townhouse complex is around 6 years old and the units are consisted of 2 level homes ranging in built-up area between 1,360 to 1,390 square feet. The townhouse units in this complex are mainly consisted of 3 bedroom with 2.5 baths. The parking arrangement is one covered … (0 comments)
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richmond bc real estate: Richmond Townhouses - 6588 Barnard Drive - 10/27/07 08:51 PM
General description:
This townhouse complex is around 10 years old and the units are consisted of 2 and 3 level homes ranging in built-up area between 1,250 to 1,500 square feet of living area. The townhouse complex has a good range of 2, 3 and 4 bedroom units with 2 … (0 comments)
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richmond bc real estate: Vancouver BC Real Estate - to buy or not to buy? - 10/26/07 08:45 PM
The pre-sales and assignments of new condos in downtown Vancouver are showing prices between $550 to $750 per square foot. In the Coal Harbour area and South False Creek Millennium Village, prices are heading the $1,000 per square foot range. Vancouver prices are way higher than new condos selling … (1 comments)
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richmond bc real estate: CMHC Mortgage - Buying with 5% Down Payment - 10/25/07 11:35 PM
Home buyers can buy with 5% down payment if they are qualified for CMHC high ratio mortgages. If you are a first time home buyer, check out if you are qualified to withdraw your RRSP savings as down payment under the "home buyer's plan". In addition, find out if you … (0 comments)
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richmond bc real estate: Featured Richmond BC Townhouses - 8431, 8531, 8551 Cook Road, Richmond BC - 10/24/07 10:32 AM
General description
This townhouse complex is centrally located in the Richmond city center area. The complex is around 23 years old and there are just around 24 units in the above 3 addresses. The units are seldom available for sale. Each unit is consisted of around 1,500 square feet of living … (0 comments)
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richmond bc real estate: Featured Richmond BC Townhouses - 7740 Abercrombie Drive, Richmond BC - 10/24/07 10:15 AM
General description
This townhouse complex centrally located and within walking distance to the major amenities around Richmond city center. The complex is around 22 years old. This is a 2-level townhouse complex with average built-up area around 1,320 square feet of living area with 3 bedrooms and 1.5 baths. The parking … (0 comments)
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richmond bc real estate: Featured Richmond BC Townhouses - 6100 Tiffany Blvd, Richmond BC - 10/23/07 09:39 PM
General description
This townhouse complex is conveniently located at the "Riverdale area" of West Richmond. The complex is around 27 years old and ideal for bring up a young family. Each unit is consisted of around 1,400 square feet of living area with 3 bedrooms and 1.5 baths. The parking arrangement … (0 comments)
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richmond bc real estate: Getting Approved for a BC Home Mortgage - 10/23/07 02:01 PM
What do expect when applying for a mortgage?
The following information on the approval process is applicable to borrowers who are salaried employees.1). Your ability to make the monthly paymentA mortgage lender examines the past and present annual gross income of a borrower, and the likelihood of him receiving this … (0 comments)
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richmond bc real estate: BC First Time Home Buyer Programs - 10/23/07 01:22 PM
The Government of Canada has 2 home purchase programs that help a first time buyer to purchase his or her first homes. You should find out if you are eligible to take advantage of these 2 programs, namely:
a) Property Transfer Tax Exemption ( BC program)
b) Home Buyer's Plan … (0 comments)
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richmond bc real estate: Second Property Investment - 10/21/07 12:55 PM
A Statistics Canada survey shows real estate investing has been on the upswing over the past six years. The federal agency's Survey of Financial Security found the dollar value of real estate holdings, not including principal residences, rose 80.5% from 1999 to 2005. The market has been good, so there … (2 comments)
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richmond bc real estate: Home Buyer Representation - Lower mainland of Vancouver - 10/17/07 09:20 PM
Should a home buyer seek a Realtor Buyer Agent to represent him?
When a home buyer has a realtor as his Buyer Agent representing him in the negotiation of an agreement of purchase and sale, he has the full fudiciary and legal duty of the realtor. The buyer’s … (0 comments)
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richmond bc real estate: Vancouver Housing Market - 10/14/07 02:43 PM
Unsustainable Pricing Trend
Home prices in Vancouver is not sustainable at the present level. The market has been sustained these past few years by home buyers sentiment and expectation of higher prices, and new home buyers' fear of not buying their homes before they are out of reach. The 40 … (0 comments)
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richmond bc real estate: August 2007 Greater Vancouver Housing Report - 10/14/07 01:05 PM
According to the Greater Vancouver Real Estate Board's August 2007 report on house prices and sale activities, the demand for housing continue to be positive. The average sale prices for apartments, townhouses and detached homes are:Apartments: $367,944Townhouses: $446,577Detach homes: $726,067With the average Greater Vancouver household income at $63,300, home buyers are … (0 comments)
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richmond bc real estate: Richmond Real Estate > Richmond RE/MAX Realtor - 10/13/07 03:22 PM
Are real estate commissions too high?
There are a number of reasons why real estate commission rates are considered high by consumers. The biggest cost to a Realtor is the costs of advertising in the local real estate newspapers. In addition, real estate services require a lot of time and personal … (5 comments)
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