During the pre-selling phase, Shawn from the West Haven Group sold an AMAZING 55th floor southwest corner suite at the stunning ‘Burrard Place’ tower at 1289 Hornby Street - 3 bedrooms and almost 1,700 sqft. Additionally, at the southwest corner of the suite, looking directly at English Bay, is a large patio that could comfortably fit a dining table for six. The tower will be 54 storeys, and will become the tallest residential tower in Vancouver…
We have many clients with young families who need 3 bedrooms, want to stay in Vancouver ideally, yet cannot spend over $1-million. To say the least, it can be challenging to meet these criteria. Although the market is constantly changing, we are going to provide our top 10 examples we’ve either sold or noted on the market over the past while. These examples should provide some inspiration or ideas for those with these same needs…
Today, I am going to be participating in a multiple offer situation with one of my buyers. In the video above, that I made yesterday, I describe five of my tips to winning a bidding war in the Vancouver real estate market. Below, I describe these five tips in writing.
Within the Vancouver housing market it is not uncommon for listings to be under-priced with a deadline set for offers. In these situations…
Recently, the West Haven Group team — Shawn Brown, Steven Forlin & Mallory Psihas - hosted their wonderful clients/friends at the Vancouver Club for an appreciation party. The party was lovely — it was so great to have so many kind and funny and enjoyable people all in one room. And, the ambience and elegance in the Georgian Room at the Vancouver Club did not disappoint. Gorgeous. Philip Ireland, the General Manager of the Club, does an amazing job and is so kind and a joy to work with…
According to the British Columbia Real Estate Association’s (BCREA) updated forecast for housing transactions in British Columbia 71,400 homes will change hands on the resale market this year. This is nine percent lower compared to 2018’s total.
However, the organization predicts that in 2020 there will be 81,700 residential transactions — rebounding by a significant increase of 14%…
Below is an overview of the sales process when selling Vancouver real estate. With the West Haven Group, our marketing and media buying strategy is far more complicated and complex, but we will stick to the more basic, general components here, for simplicity.
If you’ve ever tried to find Vancouver real estate advice on your own, you know that there’s an endless amount of information available. It can be hard to know what advice is worth taking—or where to even start.
Despite what might be written and shared during hot and cool real estate markets in Vancouver, it’s important to remain objective when evaluating the market. Nobody makes a good decision when they’re panicked or under pressure, so it’s important to take a step back once you have the data and make informed and rational decisions based on this.
To help you better understand the state of the real estate market in Vancouver, I provide five key indicators that signify current conditions.
The five key indicators for real estate market conditions:
1. Not having a Mortgage Pre-approval (or having an Incomplete Pre-approval)
2. Having a Lack of Vision or being Too Easily Fooled
3. The Grass is always Greener
A new method for assessing foreign ownership in Vancouver has concluded that about $75 billion worth of Vancouver real estate is tied to offshore owners.
In 2016, CMHC estimated at 2.2% of Metro Vancouver condos were owned by offshore owners. The new methodology used by CMHC now estimates that 11% of Metro Vancouver condos are owned, at least in part, by people living outside of Canada.
During the past year, several changes were made to the BC Residential Tenancy Act. Below I highlight the key changes to be aware of:
Key Questions to Get you Started:
What is your maximum budget? Do you have a preferred budget?
What areas of Vancouver would you consider?
Do you prefer new-ish, brand new, or older?
Would you be open to updating or renovating?
What is the approximate size you would like: specifically, the number of bedrooms and the number of bathrooms?
Is outdoor space important to you?
Is the directional exposure important to you (for example, having morning sunlight or evening sunlight in certain parts of the home or property)?
What are our high priority features (i.e. Fireplace? In-suite laundry? Pool?)
How close would you like to be to transit, schools, shopping/grocery, hospitals?
What other types of rooms to you need? (i.e. Den? Formal dining area/space?)
Do you require a garage or extra parking spaces?
Do you require storage?