Michael Giesbrecht, West Vancouver/BC real estate: Blog

Home Prices Down; Affordability Improves

October 15th, 2008

Home Prices Down; Affordability Improves Vancouver, BC – October 15, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 39 per cent to $2.1 billion in September, compared to September 2007. Residential unit sales were down 34 per cent to 5,107 units during the same period. The average MLS ...

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The Time to Buy Real Estate in Vancouver is Now

September 18th, 2008

A lot of people are thinking of "timing the market" and waiting until they think the market has bottomed out before purchasing. But the only time you can know when the market has bottomed out is when the market starts going up again. I want to give you 3 reasons to buy in Vancouver now instead of waiting for 6 months: #1 Lots of inventory #2 Interest ra ...

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Fewer Homes Being Added to the Market

September 12th, 2008

Fewer Homes Being Added to the Market Vancouver, BC – September 12, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 49 per cent to $2.2 billion in August, compared to August 2007. Residential unit sales were down 47 per cent to 5,175 units during the same period. The average ML ...

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Summer Lull Sees Properties Stay on the Market

September 3rd, 2008

News Release FOR IMMEDIATE RELEASE: Summer lull sees properties stay on market VANCOUVER, B.C. – September 3, 2008 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,568 in August 2008, a decline of 53.7 per cent from the 3,384 sales in August 2007, and a 47.7 per cent reduction from the 2,998 sales re ...

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Condo Life: Who Pays For What?

July 14th, 2008

There was an article in the paper this weekend about a condo owner wanting her strata to pay for something that would benefit her, but would provide little benefit for anyone else. Is this fair? She took her case to the BC Human Rights Tribunal and the ruling went in her favour.

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Choosing the Right Neighbourhood for You

July 8th, 2008

Choosing the Right Neighbourhood for You By Michael Giesbrecht Prudential Sussex Realty July 2008 If you are buying a home, one of the first things your real estate professional will do before taking you on home tours is interview you to determine the type of house you want such as a 3,000-square-foot four-bedroom, with an open floor plan and two-car garage. But just as importa ...

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Market Activity Offers Awaited Relief For Home Buyers

July 8th, 2008

Click on June 2008 Stats Package to see what has been happening in the Vancouver real estate market over the last month.

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Rising Gas & Food Prices Sideline Home Buyers

June 16th, 2008

British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 27 per cent to $3.85 billion in May, compared to May 2007. Residential unit sales fell 31 per cent to 8,101 units during the same period. The average MLS® residential price in the province reached $475,656, up 6 per cent from May 2007. “Rising f ...

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Growing Supply Helps Stabilize Market Conditions

June 11th, 2008

2008-06-03 Growing Supply Helps Stabilize Market Conditions

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Tips for First-Time Home Buyers

June 11th, 2008

Tips for First-Time Home Buyers By Michael Giesbrecht Prudential Sussex Realty If you are transitioning from renter to home owner, the prospect of making such a large investment may be exciting, while at the same time overwhelming. But it doesn’t have to be. Here are five common mistakes to avoid. 1. Not asking questions. There are many facets and intricacies to the home ...

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Mike Giesbrecht

Royal LePage Sussex West Vancouver

Blog by Michael Giesbrecht

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Home Prices Down; Affordability Improves

The Time to Buy Real Estate in Vancouver is Now

Fewer Homes Being Added to the Market

Summer Lull Sees Properties Stay on the Market

Condo Life: Who Pays For What?

Choosing the Right Neighbourhood for You

Market Activity Offers Awaited Relief For Home Buyers

Rising Gas & Food Prices Sideline Home Buyers

Growing Supply Helps Stabilize Market Conditions

Tips for First-Time Home Buyers

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