| Friday, September 3, 2010 Open House at SHANGRI-LAby Wade Allen on Fri, Sep, 3, 2010 10:52 AM This place is like flying first class.......come check it out this weekend from 2-4 both days.
Beautiful 2 bedroom + den, 2 bathroom, South view corner suite on the 31st floor of one of Vancouver's most prestigious buildings. The finishings are high end, the amenities are amazing, and the view is to die for.
Wednesday, June 9, 2010 Vancouver Real Estate Statistics - May 2010by Wade Allen on Wed, Jun, 9, 2010 01:13 PM Categories: 1st time home buyers, Buyers, Financing, First Time Home Buyers, Interest Rates, Market Trends, Mortgage Rates, Mortgages, New Developments, Real Estate, Sales, Statistics, Vancouver Real EstateMay market offers buyers greater selection
The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010, a decline of 10.4 per cent compared to the 3,524 sales in May 2009; 5.1 per cent more than the 3,002 sales in May 2008; and 27.1 per cent less than the 4,331 sales in May 2007. May 2010 sales also represent a 10.1 per cent decline compared to last month’s sales.
In terms of number of property listings, last month marked the third consecutive month during which more than 7,000 homes were listed for sale on the Multiple Listing Service (MLS®) in Greater Vancouver.
New listings for detached, attached and apartment properties totalled.....CLICK TO READ MORE Wednesday, July 8, 2009 Condo Tower Downtown Considering RE-LAUNCHby Wade Allen on Wed, Jul, 8, 2009 08:10 PM From CBC.ca
The 60-storey Ritz-Carlton tower in Vancouver was scheduled for completion in 2011 before the project was suspended. (Holborn Group)
A Vancouver developer's plan to resume construction on a luxury high-rise building where work stopped last fall may be another sign that Vancouver's real estate market is picking up steam again.
Last October when the global economy tanked, construction on the six-star hotel and condominium tower on West Georgia Street in downtown Vancouver ground to a halt, leaving a giant hole in the ground. By spring buyers were given their deposits back.
The project was one of several cancelled across Metro Vancouver last fall and winter because of the real estate downturn.
But in June real estate sales in Vancouver were up 75 per cent over the previous year and prices were picking up as buyers took advantage of record low interest rates.
On Wednesday Joo Kim Tiah, the president of Holborn Group, told CBC News he is hoping construction of a more modest four-star version of the Ritz-Carlton project could begin this fall.
"If not the fall, then by early next year we will begin construction again, so that project is going to move ahead," said Tiah.
It is not clear yet if the new design would still carry the Ritz-Carlton name. Wednesday, February 25, 2009 Remember the end of Shawshank Redemption?by Wade Allen on Wed, Feb, 25, 2009 01:38 PM One of my favorite movies of all time is Shawshank Redemption. A story of Andy Duffrain, a hot shot young banker, wrongly accused of killing his wife and sent to prison for life. After 20 years in prison he plans his brilliant escape, and tells his inmate friend Red about a place in Mexico where he wants to start up a charter fish company.
Do you remember the name of that place?
Zihuatanejo
Well this place actually exists. It is just south around a headland from Ixtapa, and is one of the most fast growing beach communities in Mexico. It's beauty, beaches, and seclusion make it very popular for tourists and its natives.
I had a meeting yesterday with the team at Pilot House Real Estate, a Vancouver based International Real Estate marketing company. They are currently ramping up the marketing for a new development down there between The Tides and Intrawest right on the beach.
Rooms at the Tides and Intrawest Resort rent out for on average 70% of the year, at a rate of $300USD a night and up. This development is being done by the same architect, and will have the same feel and opportunity as those.
The best part, they all have big patios on the front that face the water. Every unit steps back and has a gorgeous view.
Now the kicker. Prices? They start at $170K. 50% of the units are under $300K. And they aren't small.
Have a look at some pictures: PICSHere is a google map: MAP (it is the two white buildings on the beach)
For more info, email me HERE |
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