Blog by Patricia Houlihan - Personal Real Estate Corporation

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1812 WESTERN Drive, Port Coquitlam, British Columbia

June 29th, 2007

I just sold this House at 1812 WESTERN Drive, Port Coquitlam, British Columbia .

View this recently sold House or see all my home sales

The risks of presale buying

June 29th, 2007
I have always discouraged my clients from buying presale condos, unless they are investors buying to flip and aware of the risks. The reason behind this recommendation is based primarily on experiences some of my clients have had after buying presale (on another note-why do they call it presale-its preconstruction but not presale-did the media make that up?).  Some buyers love the show home a ...

Recreational Property as an investment

June 28th, 2007

             

It used to be much more difficult to buy invest in recreational property.  It used to be that it required a higher down payment, and less favourable mortgage terms.  Now lenders may be willing to lend at the same competitive rates given when buying a principal residence.  Of course, given the recent release of statistics showing that it costs an average of $1 million to bu ...

3697 w 15th ave, Vancouver, BC

June 27th, 2007

I just listed this house for sale, 3697 w 15th ave, Vancouver, BC in the fabulous Point Grey area.

Rare opportunity! Fabulous view corner lot in an amazing location. Renovate existing 4 bedroom house or build your dream home. Walk to everything. Open House Sat/Sun July 7/8 from 3-4:30 pm

1812 WESTERN Drive, Port Coquitlam, British Columbia

June 27th, 2007

I just Sold this House for sale, 1812 WESTERN Drive, Port Coquitlam, British Columbia

Just move in & enjoy! Well kept & lovingly cared for home nestled in lovely Mary Hill neighborhood. Just 1 shore block away from school & transit. This beauty h as 4 good sized bdrms including a 1 bdrm suite. New paint throughout & crown mou

Interest rates go up and the market becomes insane

June 27th, 2007

 

Well it may not last, but last week it seems the market went crazy suddenly-the phone was ringing off the hook!  Even on a listing which has sat on the market for 3 months, we had not only calls but 2 people wanting to write offers.  This will likely continue for a couple of months as people with 3 month rate holds, allowing them to take advantage of the older low rate, before the ...

308 2045 FRANKLIN Street, Vancouver East, British Columbia

June 26th, 2007

I just Sold this Condo , 308 2045 FRANKLIN Street, Vancouver East, British Columbia

Bright and well maintained unit. Move in condition. No assessment going on. Very convenient to bus stop. Bank, school and shops. New roof, replumbed 4 years ago , new carpets, new paint. Quick possession. Very easy to show.

Leaving Vancouver for Hamilton??!!!

June 26th, 2007

 

The prices in Vancouver appear to be driving some people out of the province; this is even occurring in Alberta as prices there have doubled in some places over the past year.  For example, my cousin, who is retiring from Canada Post in Edmonton, is now considering selling his house near the city and moving to a town about 45 minutes out of St. John’s Newfoundland .  ...

Holy Cow-Real Estate in Vancouver has gone crazy!

June 25th, 2007

 

Well according to an article in this weekend’s Vancouver Sun, it now costs 70% of a person’s income to pay the costs of a 2 storey home in Vancouver (68% for a bungalow).  That is compared to 43% in Toronto and 40% in Calgary .  Affordability has deteriorated to a very significant extent.  And with this week’s recent further increases in mortgage rates, this could get wor ...

Renfrew Heights Open House!

June 21st, 2007

We are happy to announce that this Saturday and Sunday, June 23/24, 2007, 2:30 PM to 4:00 PM we will be hosting an Open House at 3866 Kaslo St in Renfrew Heights, Vancouver East. This is an opportunity to visit this excellent house for sale in beautiful Renfrew Heights.
Please come with any questions you may have.

As always please do not hesitate to give me a call at 604-376-7653 if ...

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