Blog : Tina Mak - Coldwell Banker Westburn Realty

How do we start fresh in 2009

January 10th, 2009

How do we start fresh in 2009! 2008 is a year that most of us would like to forget. From rich to poor, all of us lost money in all forms of investments. In the past, a lot of us would blame our financial advisors or stock brokers for we would have to rely on their expertise and judgement. With the technology of the internet, we were able to do our own research and we still could n ...

Posted in General

December 24th, 2008

Vancouver Real Estate Market Trend: In its most recent statistics release, the Real Estate Board of Greater Vancouver reports that residential property sales in Greater Vancouver declined 69.7% in November 2008 to 874 from the 2,883 sales recored in November 2007. Comparing to October 2008, sales volume dropped another 35%. I've heard lots of people, especially those in their g ...

Posted in Vancouver

December 17th, 2008

CBC News Vacancy Rates in Vancouver Falling vacancy rates push up rents across B.C. Last Updated: Thursday, December 11, 2008 | 2:40 PM ET CBC News The price of real estate may be dropping, but it is still getting harder and more expensive to find a rental apartment in Vancouver and much of B.C. The Canada Mortgage and Housing Corporat ...

Posted in Vancouver

3101 1288 GEORGIA Street, Vancouver West, British Columbia

December 5th, 2008

I just finished uploading this Condo for sale, 3101 1288 GEORGIA Street, Vancouver West, British Columbia $85K below assessment 4 this luxury corner 3BR apt feat:2 ensuites;sweeping mtn,marina water views from all rm;blt-in speaker,fiberoptic internet connection;granite tops,oak fl;24 hrs Concierge;2 pkg,2 locker.1 blk 2 new Urban Fare. Move in now!

Posted in Listings

5578 BROADWAY, Burnaby North, British Columbia

November 30th, 2008

I just finished uploading this Townhouse for sale, 5578 BROADWAY, Burnaby North, British Columbia Ground level 2 bedroom, 1 level townhome with great front yard. Extensive renovation features new appliances, all new flooring including laminate floor, French door in living room opens to enclosed solarium. Walk to school & Skytrain. Open House Saturday, Nov 29th, 2-4pm

Posted in Listings

November 30th, 2008

The Foreclosure Process in British Columbia In British Columbia, it is the judicial sale process that involves licensees most frequently. The petitioner or any of the respondents (i.e. 1st, 2nd or 3rd Mortgagee) can apply for a judicial sale, also known as a court-ordered sale, which will be carried out under the supervision of the court. The judicial sale begins with a Demand L ...

Posted in Vancouver

November 16th, 2008

Observation in today's Vancouver market The only hot topic these days is all about the world economic slow down. However, when I went to Whistler over the last weekend, I didn't feel that at all. I was trying to attend the Wine & Food festival but end up empty handed. 900 tickets were all sold out. Hotels were booked everywhere. The only restaurant we could book for dinn ...

Posted in Vancouver

October 30th, 2008

INTRINSIC INVESTMENT VALUE I just attended a economic seminar sponsored by the real estate board which brought in an analyst who used to work for CMHC. Cameron Muir states that BC's economy is much better than the rest of Canada because our U.S. trade is 45% of our total, compared to 80% in Ontario but the BC consumer confidence is rattled, just like the rest of the world, from all t ...

Posted in General

October 13th, 2008

Excitment is over, what is next? US Bail Out/Rescue Plan finally passed. After the unexpected failure on Sept. 29th, the whole world was waiting for this to be passed. The stock market rallied up before the legislation was passed and then went downward once it was passed. Unexpected and completely the opposite of what you would think would rationally happen but that's where the ...

Posted in General

September 28th, 2008

Change of Canada mortgage lending policy Canada's lending policy has always been a lot tighter than US especially among all the major banks. A couple of years ago, a few major banks started not granting mortgages to apartments less than 500 sf or they would approve the lending only depending on which part of the city. Down payment for those properties are going to be varied based on ...

Posted in General

Coldwell Banker - Westburn Realty

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Blog by Tina Mak

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How do we start fresh in 2009

3101 1288 GEORGIA Street, Vancouver West, British Columbia

5578 BROADWAY, Burnaby North, British Columbia

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