Blog : Tina Mak - Coldwell Banker Westburn Realty

Blog by Tina Mak

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Vancouverites, are you proud? or are you worry?

February 17th, 2012

Vancouverites, are you proud? or are you worry?Vancouverites, are you proud? or are you worry? We are #37 most expensive city in the world, up from 72nd last yr. No matter it's a place or a person. When you shine, you'll always get complements as well as criticism. Can you own a home here? yes, you can but require some good planning & spending discipline. Read more on Vancouver now the most ...

Posted in Vancouver Real Estate Trends

Vancouver Rental Market Summary 2011

December 17th, 2011

Metro Vancouver: Metro Vancouver’s purpose-built rental market tightened to a 1.4 per cent vacancy rate, down from 1.9 per cent in 2010 as demand rose on modest gains in regional employment, increased rental affordability vis-à-vis home ownership, and continued population gains. Average rents rose 2.3 per cent in 2011, down slightly from the 2.6 per cent gain in 2010. It is well known that i ...

Posted in Vancouver Real Estate Trends

3 types of Chinese, 3 different reasons why they immigrate overseas

November 23rd, 2011

Hong Kong Chinese immigrated overseas because of Tiananmen Square Massacre on June 4th, 1989, Taiwanese immigrated because of the political friction between Taiwan & Mainland, now the China’s super-rich immigrates bc they want to buy a better life abroad. Read details on the China's Super-Rich Buy a Better Life Abroad. It is because of this reason, we don't need to worry about the Mainland C ...

Posted in Vancouver Real Estate Trends

July 27th, 2008

Back to Basics! The booming real estate market we had in the last few years involves a lot of real estate speculators besides the real home buyers. Buyers paid "Future Value" on the pre-sale project HOPING to make profit on top of the price they paid. A lot of the buyers bought more than one units in different projects around town expecting to make quick profit by completion day. Sin ...

Posted in Vancouver Real Estate Trends

How Parents assist their children to become home owners in Vancouver?

June 22nd, 2008

How Parents assist their children to become home owners in Vancouver? The fact is that Vancouver is one of the few remaining major cities in the world that we can still afford to own a house despite how we view our high housing prices. The rest of the world is accustomed to live in their concrete high rises in the downtown core. According to all the reports we have been reading includin ...

Posted in Vancouver Real Estate Trends

Who is renting in Vancouver?wherelse can you advertise besides Craigslist?

April 26th, 2008

Who is renting in Vancouver and where to advertise? I have recently encounter many Korean and Middle Eastern rental agents working in the rental market looking for property on behalf of their clients. Their clients include students and relocation professionals. Due to the language barrier, the potential tenant always feel more comfortable working with people who can speak the ...

Posted in Vancouver Real Estate Trends

Flip or Hold Vancouver Real Estate?

April 18th, 2008

Date: April 18th, 2008 Shall we Flip? or shall we Hold real estate? Our Asian flipping property culture has recently spreads to Canada in the past few years during our red hot real estate market. So, is the market still hot? or has it started to cool off? Well, as we discussed before, we are now in a balanced market. I have recently noticed some Sellers offer bonus to the buyer' ...

Posted in Vancouver Real Estate Trends

Is the Vancouver market active or slow?

April 12th, 2008

"Housing Sales Slow to 2001 levels in Greater" was the headline in the Vancouver Sun business session on April 3rd. However, if you read the content details, the whole story doesn't have any figures to support the headline. It only said sales between Jan & Mar., 2008 was the slowest first quarter for sales since 2001. This is how the media likes to use headline like this to draw viewer's at ...

Posted in Vancouver Real Estate Trends

Coldwell Banker - Westburn Realty

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Blog by Tina Mak

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Vancouverites, are you proud? or are you worry?

Vancouver Rental Market Summary 2011

3 types of Chinese, 3 different reasons why they immigrate overseas

How Parents assist their children to become home owners in Vancouver?

Who is renting in Vancouver?wherelse can you advertise besides Craigslist?

Flip or Hold Vancouver Real Estate?

Is the Vancouver market active or slow?

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