(OUT-OF-THE-ROUGH) GOLF COURSES TO BUY INTO NOW Three of four look like winners WHERE PRICES FELL ON WEST SIDE VANCOUVER LUXURY PRE-SALE CONDOS DEFY TAX FEARS ZONING CHANGES THAT WILL DRIVE LOT PRICES HIGHER WHAT HAPPENS IF RATES GO NEGATIVE? NOT MUCH FOR BORROWERS PROVINCE RAKES IN TAXES FROM FOREIGN BUYERS THE PPT WAS SUPPOSED TO APPLY ONLY TO THE TOP 5% OF TRANSACTIONS – NOW? 95% DO NOT MISS JUROCK’S OUTLOOK 2017 CONFERENCE
Sales in Metro Vancouver totaled 2,489 in August 2016, a decline of 26 per cent compared to the 3,362 sales in August 2015; 10 per cent less than the 2,771 sales in August 2014; and one per cent less than the 2,514 sales in August 2013.
CHINESE BUYERS STILL TRAIL CANADA IN U.S. CRE MARKET AND CHINESE INVESTORS MAY BAIL OUT OF VANCOUVER (??!) FREDDIE MAC DEBUTS U.S. MULTI-FAMILY INDEX PRISON REITS CAN PAY OFF IN U.S. VICTORIA DANGLES RENTAL INCENTIVES ALBERTA REALTORS FACE MEASURING RULES WHY YOU CAN'T READ AN APPRAISAL YOU PAID FOR PRESIDENT TRUMP: GET USED TO IT
Old, low-rise rental apartment buildings in New Westminster are now selling for around $160,000 per door and for upwards of $440,000 per door in Burnaby’s Metrotown!
But, prices are also rising in Surrey, Langley and as far out as Abbotsford as the blast radius from Vancouver’s multi-family boom continues to spread.
The big mover is Burnaby, because the city has no restrictions on replacing apartment suites when an older builder is torn down (unlike Vancouver).
Many Burnaby sales, especially in the Metrotown, Lougheed centre and Brentwood area, are pure offshore-investor land speculation plays, which drives up the per-suite cost. (Burnaby accounted for 47% of total suburban apartment building sales last year.)
From this week’s Facts By […]
MIX VANCOUVER HOMES WITH INDUSTRIAL, ARCHITECT URGES FOREIGN OWNERSHIP SURVEY STILL LACKS CREDIBILITY CONDO INVESTORS SHOULD BE FLIPPING MORE THAN HOLDING PRINCE GEORGE. PRINCE RUPERT AMONG FEW RISING MARKETS IN NORTH WHISTLER CHANNELS WALT DISNEY WITH MEGA PROJECT CUBA IS NOT LIBRA BUT REAL ESTATE IS FOR SALE SUMMER STUDENT (SFU) AVAILABLE
VICTORIA STARTING TO BURN FRONTLINE DISPATCHES FROM THE MOTHER OF ALL HOUSING BOOMS NEW PRICE RECORD SET FOR 33' LOT IN KITSILANO FOREIGN BUYER MISCUE SHOWS DANGER OF FAST MARKET NEW $740,000 CONDOS NOW "AFFORDABLE" VACANT OFFICE TOWERS SHOW LOCATION NOT ENOUGH VANCOUVER FLIPPERS: HAVE YOUR MORTGAGE BROKER ON SPEED DIAL U.S. HOME BUYERS UNDERESTIMATE EQUITY BUYING WITH A TENANT ALREADY IN PLACE
THE NEW PPT – EXPLAINED A TWIST ON GST – I BET – YOU DID NOT KNOW! SOCIAL HOUSING JOINS LAND PLAYS - 350 sites can buy and sell land beneath units PLENTY OF B.C. RESORTS ON THE MARKET CHINA BUYERS SWING BIG INTO COMMERCIAL DO CAP RATES REALLY MATTER ANYMORE? AIRBNB; RESISTANCE MAY BE FUTILE, DESPITE RISKS SUCH A DEAL ON THE JERICHO LANDS WHERE HOMES ARE SELLING FASTER THAN IN METRO VAN WHAT IT MEANS TO BE A CANADIAN – 24 THINGS!
Free 2 hour workshop in Vancouver & Burnaby
On Feb. 10th and 11th, Ozzie Jurock and Ralph Case will present to you:
- The 5 critical skills for Real Estate investing success in any market.
- Action Plan strategies to reach your goals
- 7 Secrets for creating a mega portfolio
Plus FREE special reports
- “Joint-venture secrets” – How to successfully structure Joint-ventures.
- “Real Estate SELF EVALUATION” – So you know where you are today and where you need to be.
- “A New Paradigm in Real Estate: The Quantum Leap” – Ralph’s chapter in the bestseller Trendsetters
This event is FREE but you must register to attend.
Register at realestate2016.ca or by calling Max at […]
ALBERTA BUILDERS SEEING OIL DIVIDEND B.C.: THE BEAT GOES ON TOOTHLESS DEPRECIATION RULES CAN BITE SEATTLE FLOATS A RENTAL INCENTIVE FOR LANDLORDS INSIGHT INTO ASIAN INVESTORS INVESTORS: LOOK AT LOUGHEED AREA YOU MADE A US DOLLAR PROFIT – OUCH, IT’S TAXABLE!
THE "TRUDEAU EFFECT ON REAL ESTATE" HOT PROPERTY - $65,000 - $1000 INCOME METRO VANCOUVER LAND PRICES? "BONKERS"! - UDI seminar hears developers' reaction to offshore bidding wars WHERE RESALE CONDOS SELL FOR MORE THAN PRESALES VANCOUVER HOTELS TO SELL FOR $243,000 PER ROOM BY 2016 - ECLIPSING EVEN PER-DOOR PRICES FOR APARTMENTS LOWEST AND HIGHEST PROPERTY TAXES CANNABIS AND REAL ESTATE: LEARNING FROM DENVER FLIPPING? GET YOUR TEAM TOGETHER