Blog : Tina Mak - Coldwell Banker Westburn Realty

706 838 AGNES Street, New Westminster, British Columbia

April 27th, 2009

I just sold this Condo at 706 838 AGNES Street, New Westminster, British Columbia . View this recently sold Condo or see all my home sales

Posted in Listings

807 1420 GEORGIA Street, Vancouver West, British Columbia

April 27th, 2009

I just finished uploading this Condo for sale, 807 1420 GEORGIA Street, Vancouver West, British Columbia Bright 1 Bdrm & Den/Flex Space affordable Condo with great floor plan in The George. Best priced Condo in bldg. On quiet side of bldg. Prime 1st class location just steps to Robson Shops & Restaurants. Only 3 blks to Coal Harbour Seawall & easy walk to Stanley Park. Includes ...

Posted in Listings

1005 1420 GEORGIA Street, Vancouver West, British Columbia

April 27th, 2009

I just sold this Condo at 1005 1420 GEORGIA Street, Vancouver West, British Columbia . View this recently sold Condo or see all my home sales

Posted in Listings

Financing difficulties for Pre-Sale condo in today's market

April 19th, 2009

The developer's price of 2 yrs ago - against today's financing. There are several hundred examples of the pre approved purchaser now being unable to qualify, or needing to come up with a substantially larger downpayment, because the bank will only lend on 80% of the current appraised market value. One of many difficulties pre approved buyer's are facing, is the current price of the pre sell c ...

Posted in General

Mortgage rates unlikely to fall further: Brookfield

April 17th, 2009

Sean B. Pasternak, Bloomberg Financial Post Mortgage rates in Canada, which have plunged by almost 50% in the last year, aren't likely to fall further, said Phil Soper, chief executive of Brookfield Real Estate Services Fund."Certainly with the Bank of Canada's target rate set at virtually zero, there's very little room," Mr. Soper said Tuesday at a conference in Toronto on Canada's real est ...

Posted in General

Vancouver Housing Market moving towards stability to start the Spring season

April 12th, 2009

With lots of projects putting on hold. It is not surprising that the construction sectors lost a lot of jobs. People has been predicting that would happen once all the projects complete by 2010 Olympic.. It just came a bit sooner than we expected due to the global economic crisis. Even with all these once again negative news bombarding us, Metro Vancouver housing market experienced a move ...

Posted in Vancouver

Tips when purchasing pre-sale condo in today's market

April 5th, 2009

Due to the market condition, many developers are offering great incentives now. Pls make sure you do the following: 1)understand the disclosure statement that is provided by the developer. If you do not understand any part of it, spend some money to get legal advice. 2) Add a clause to say "If buyer don't complete the purchase, this deposit is forfeited as liquidated damages as the sole r ...

Posted in General

Surprise jump in U.S. home sales

March 25th, 2009

Surprise jump in U.S. home salesALAN ZIBEL The Associated PressMarch 23, 2009 at 10:44 AM EDTWASHINGTON — Sales of existing homes rose from January to February in an unexpected boost for the slumping U.S housing market as buyers took advantage of deep discounts on foreclosures.The National Association of Realtors said Monday that sales of existing homes grew 5.1 per cent to an annual rate of ...

Posted in General

Walking away from Pre-Sale

March 22nd, 2009

In today's Vancouver Sun Business section mentioned that there are 6 developers suing some 74 different buyers for not completing the purchase of homes they'd signed contracts to buy. Buyers sometime have the wrong perceiption, thinking as long as they forfeit their deposit, they could walk away from the deal. They are unable to secure a mortgage to complete the purchase based on the current ...

Posted in Vancouver

Toronto Downtown Market Update

March 14th, 2009

Toronto Downtown Market Update Toronto downtown market have had significant improvement since January. To view statistic details, go to the Global Market Update page at my National Real Estate Information centre @ www.TinaMak.com. Like Vancouver, Toronto agents noticed a large increase in showings and listings sold faster than before with sold price closes to the asking price. Market appe ...

Posted in Toronto

Coldwell Banker - Westburn Realty

604-437-1123

Blog by Tina Mak

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706 838 AGNES Street, New Westminster, British Columbia

807 1420 GEORGIA Street, Vancouver West, British Columbia

1005 1420 GEORGIA Street, Vancouver West, British Columbia

Financing difficulties for Pre-Sale condo in today's market

Mortgage rates unlikely to fall further: Brookfield

Vancouver Housing Market moving towards stability to start the Spring season

Tips when purchasing pre-sale condo in today's market

Surprise jump in U.S. home sales

Walking away from Pre-Sale

Toronto Downtown Market Update

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