investment: Factors to Consider When Selecting A Vancouver Real Estate Investment
- 03/08/12 02:46 AM
A real estate investment can simply be described as putting down something today and expecting to make some return tomorrow. As an investor, you’ll have to identify an investment vehicle where you can invest your resources and make more money in the future and you’ll have to determine the pros and cons of each investment opportunity.
There are some key factors that you must take into consideration when looking at a real estate investment.
The Risk Factor Risk or the uncertainly of making the expected return on that investment is a key factor. The best description of (1 comments)
investment: Housing Bubble Talk & Fears are WAY Over-Inflated
- 02/20/12 10:12 AM
As most people know the most important factor which affect house sale is price, consumer confidence, then interest rates. The trading of expensive houses in up-scale neighbourhoods has skewed the average resale price in Vancouver, but the lower end favours buyers still. The article "Housing bubble fears over-inflated" mentions that Vancouver's existing housing market seems to defy economic logic. The average resale price was up more than 20 per cent from 2010 in both May and June, the latest in a six-month string of double-digit price hikes, and well above the six-percent long-term trend of price growth. Price growth due to a changing composition of sales (and (1 comments)
investment: Investors are "Cautiously Optimistic" - China & Vancouver Alignment
- 02/20/12 10:07 AM
China's economy also have a significant effect on Canadian economy, and this impacts our real estate market as well. The article "Investors cautiously optimistic" talks about how our Canadian economy benefits from the Chinese Market in recent years. But the VP warns that there may be a shift in China's economy, and it would cause 'huge realignment' in B.C. prices. "Almost 50 per cent of the Canadian benchmark equity index, the S&P Toronto Stock Exchange, is concentrated in two sectors, energy and materials, which essentially makes the index a leveraged bet on China." We can know that Chinese investment in Vancouver real (0 comments)
investment: Real estate | Metro Vancouver price growth cooled in
- 02/20/12 08:21 AM
Many Clients asked me what the real estate market is going to be like in 2012, is the price going to increase or decrease? I said it may rise about two percent. Today's article "Real estate | Metro Vancouver price growth cooled in 2011: report" which is published in Vancouver Sun confirmed my guess, for now... Prices started dropping in June, although nine municipalities still saw double-digit gains. Robyn Adamache, senior market analyst, Metro Vancouver, Canada Mortgage and Housing Corp, said "We're expecting much less price growth this year compared to 2011." I think it is a very detailed article for you (0 comments)
investment: B.C. residents less concerned about debt & focus on daily budget
- 02/16/12 09:36 AM
We have noticed that "B.C. residents [are] less concerned about debt: poll While rest of Canada looks to catch up in 2012, British Colombians will focus on daily budget" . British Columbia residents say they're going to focus on budgeting and managing their day-to-day spending in 2012, while the rest of the country is focused on paying down debt, a new CIBC poll shows. Canadians were accumulating record levels of debt and recorded a drop in the net worth of the average household. Declines in the value of pension assets forced average household net worth to reduce. Canadians over 65 years of age are (0 comments)
investment: Cheap Vancouver Land For Sale
- 02/07/12 07:48 AM
Land is a Great Investment In Any City Have you been looking for cheap Vancouver land and having a hard time finding something that fits your price range? Have you explored the possibility of looking further outwards on the edge of Vancouver to compare prices? The further you move away from the city, the cheaper the land sells for. If you could stand a half-hour commute into the city you'll see an even bigger price drop. There is cheap land available but it is located on the fringe of this fair city and outwards. Can I find land inside the city? (0 comments)
investment: The Best Vancouver Real Estate Renovations to Increase Your Property Value
- 02/01/12 05:20 AM
Renovating Your Home Can Increase Its Market Value Significantly What are the best Vancouver real estate renovations you can carry out to raise the value of your property? The renovations that pay the best returns include wood panel replacement, vinyl replacement, bathroom renovations, and upscale and mid-range siding replacement. With any of these renovation ideas, you are almost guaranteed to increase the value of your propertysignificantly. Costs involved The cost of renovating a house is on the rise due to an increase in the cost of building material required for these types of projects. You can consider renovating your house, either (2 comments)
investment: Strategies Of Successful Selling
- 01/30/12 09:33 AM
Selling Your Home Alone Can Be Scary There is a lot of marketing that goes into selling your home and the best thing you can do is head into this adventure with a Vancouver real estate agent by your side. There are strategies for successfully selling a home and your agent will know how to implement them to get your house sold ASAP. Using the MLS(R) The MLS(R) was designed to match home sellers with buyers. It is one of the most important tools that your Vancouver real estate agent will use to help sell your house more effectively. It is a database of (1 comments)
investment: Tips To Get Tenants To Renew Their Vancouver Property Lease Every Year
- 01/23/12 07:52 AM
How to keep Tenants Renewing their Lease Sometimes it seems impossible to find a good tenant to rent out your Vancouver property to. Tenants are not staying for too long in one rental unit nowadays and you don’t want to spend a lot of money preparing your property for the next tenant. A lot of damage happens when tenants are moving in and out of a unit, which leads to the added cost of repairs. During the times when your property is vacant, you have to look for other sources of income to cover your mortgage repayments. A lot of time and money is wasted.Is there (0 comments)
investment: Benefits of Renovating, Upgrading, and Staging your Home TO Sell
- 01/23/12 07:18 AM
My team can paraphrase and repeat time and time the many reasons for renovating, upgrading, and staging your home TO Sell it, but I will instead present an AMAZING list of articles about the process below. We are concerned with YOUR BOTTOM LINE, so let's face it "people are willing to pay more for something that actually looks sleek and well-kept" rather than something that requires tender loving care. Please read these great articles to help clarify the importance of renovating, upgrading, and staging your home TO Sell it. 1. Seven Ways to Get Top Dollar For Your Clients2. Statistics & Benefits of Staging For (3 comments)
investment: Basic Checklist For Buying A Vancouver Condo
- 01/16/12 06:09 AM
Buying a Condo Checklist Here is a very basic checklist that you should use before buying a Vancouver condo. This checklist should be put together before looking at any units and making a decision based on emotion instead of logic. By sticking to this checklist you be able to find the perfect condo that you love and meets all of your criteria. 1. What floor do you want to live on? Some people like to be as high as possible while some people don't want to leave the safety of the first floor. If you're looking at a high rise condominium you'll need to (0 comments)
investment: Immigration affect real estate market a lot
- 01/06/12 03:51 PM
We all know that the immigration bring us not only technology, but also investment, a skilled labor force, and a healthy population growth for a vast geography boasting less than 40 million people (less than most countries in Europe!). Today however, Canada needs more immigrants to sustain its economic growth but the Conservative government won’t significantly increase immigration levels because Canadians don’t want too many newcomers and the federal government can’t afford to integrate them either. This article "Immigration numbers won’t jump drastically: Kenney" said that too many immigration may have a significant effect on Canadian economy; they stimulate economic development, but on (3 comments)
investment: Real estate | Metro Vancouver price growth cooled in 2011: report
- 01/05/12 04:47 PM
Many Clients asked me what is the real estate market is going to be like in 2012, is the price going to increase or decrease? I said it may slightly going up about two percent. Today's article "Real estate | Metro Vancouver price growth cooled in 2011: report" which is published in Vancouver Sun turned out I am right. Prices started dropping in June, although nine municipalities still saw double-digit gains. Robyn Adamache, senior market analyst, Metro Vancouver, Canada Mortgage and Housing Corp said "We're expecting much less price growth this year compared to 2011." He added," We're expecting much less price growth this (0 comments)
Here are five meditations on Vancouver and where I feel it's going in the next little while. First, where does Vancouver locate itself today? Should my neighbours care about this? Perhaps. In this "devaluating" period for many regions, it's good to keep an eye on what is appreciating, to get some perspective on how "spread" the markets can be from one locality to another. A lot of Vancouverites and our neighbours remember that the municipal government placed a moratorium on construction in Vancouver’s downtown core in 2009, further limiting the available building space, bottlenecking supply and helping condo prices ride (4 comments)
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Jark Krysinski *PREC (Personal Real Estate Corporation)
Hello, my name is Jark! I have been a real estate investor for the past 15 years, predominately in the Greater Vancouver area but also in the developing real-estate locales of Whistler as well as Revelstoke. I share my research and writing on a daily basis as an added service to my clients. It's important to realize that REALTORS are not only sales people but are also scholars of Real Estate in their own right. The hundreds of articles I've published serve to exemplify this point.
In Vancouver specifically, I’ve bought and sold more than four businesses of my own – prior to licensing as a real estate licensee – and have bought three passive real-estate holdings. If you’re looking for an agent who’s not only thought about real estate but has also bought and sold his own properties, and taken his own calculated risks, give me a holler and we’ll discuss the market and your participation therein. For more than theory, speak to someone who’s empirically on the same page as an experienced real estate investor.