Angel Wang | Top Real Estate Agent Vancouver Blog

Vancouver BC Home Buyers In The Driver’s Seat

Angel Wang — Thu, 12 Aug 2010 22:30:44 +0000

“A relatively large number of homes for sale have created the most favorable supply conditions for home buyers in more than a year,” said Cameron Muir, BCREA Chief Economist. MLS® active residential listings were 21 per cent higher in July than at the start of the year on a seasonally adjusted basis.

However, with newly listed MLS® residential units now declining, tighter market conditions may emerge this fall.

Detailed data and graphs are in this full report.

If you are interested in investing or buying real estate properties in Vancouver area, please contact Angel immediately for best pricing and listing.

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Post tags: BC, home buyers, real estate, real estate buyers, vancouver

275 1st Street, Courtenay BC (New)

Angel Wang — Wed, 21 Jul 2010 17:56:38 +0000

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One of a Kind in the Comox Valley! The very best of country, city, and waterfront living. Enjoy the solitude of a large back yard and relax overlooking the Puntledge River, then stroll four blocks to the heart of downtown Courtenay. The domain, a completely remodeled and renovated country/executive styled home. The house sits on a mature, landscaped 1/2 acre lot. No detail has been overlooked. Refinished original oak and fir flooring, coved ceilings, new paint and lighting/bath fixtures. All new electrical and plumbing, including water filtration. Three bed, 1.5 baths, new and existing landscaping that creates a park like setting. Lot is sub-dividable.

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Post tags: BC, residential real estate, waterfront

About Real Estate Properties In UBC Area In Vancouver BC

Angel Wang — Mon, 19 Jul 2010 07:09:53 +0000

People who want to invest in real estate properties in UBC area in Vancouver, are those who want to enroll their kids to the top ranking elementary and/or secondary schools in that area. Despite most of the properties have limited years of land ownership, the real estates in certain locations have lifetime ownership in UBC area.

There are more and more high rise properties built in demand of increasing buying needs in that area. Some of them are even ocean-view condos. Pricing is vary, please contact Angel Wang for details.

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Post tags: condo, highrise, real estate buyers, UBC

Best Properties To Invest For Home Rental Purposes In Vancouver

Angel Wang — Fri, 18 Jun 2010 23:08:57 +0000

My opinion is to purchase condo or apartment properties rather than single house or town house. The major reason is the ROI (return of investment) for buying a condo for rent is much higher, considering the house price is much higher in Vancouver west side and/or Downtown Vancouver and/or Richmond. But it’s up to you to rent a furnished apartment or not. The rental price will be around $200 to $300 higher than those unfurnished condo.

Please feel free to contact Angel for your next property investment.

© Angel Wang | Top Real Estate Agent Vancouver Blog, 2010. | Permalink | One comment | Add to del.icio.us
Post tags: apartment, condo, furnished apartment, home rental, property invest, single house, unfurnished condo

407-1477 W.Pender St, Vancouver (New and Private!)

Angel Wang — Thu, 10 Jun 2010 22:25:40 +0000

Spacious 816 sq ft one bed plus den condo in prestigious West Pender Place, Coal Harbour to be completed early 2011. Facing south and located in the live/work zoned 5-floor low-rise section between the 10-floor mid-rise on the east and 36-floor high-rise on the west of West Pender Place. This will be an impressive and luxurious development and is located second block from Coal Harbour marina.

9 Foot ceilings, air conditioning and top quality finishes:
- Italian DADA kitchen with Gaggenau appliances, built-in Sub-Zero fridge and quartzite backsplash/counters.
- Wide plank hardwood floors.
- Bathroom with marble counter and marble tiled shower cubicle

West Pender Place will have concierges, caretaker, gym with 13 foot ceiling, pool, rooftop deck/garden, steam room, sauna, meeting room, guest suite, visitor parking and video surveillance.

The building is still under construction and is scheduled to complete in 2011. For more information on this property or take advantage of its low pricing, please contact Angel Wang immediately.

© Angel Wang | Top Real Estate Agent Vancouver Blog, 2010. | Permalink | One comment | Add to del.icio.us
Post tags: coal harbour, luxury condo

The Housing Market Scenario At the Greater Vancouver Area In 2010

Angel Wang — Wed, 09 Jun 2010 18:26:02 +0000

The housing price at the Greater Vancouver Area in Canada has significantly increased in the present times. As per industry exerts, the residential real estate market has roared back in 2010 with the housing prices at or above pre-recession levels. One of an interesting feature is that the housing sales have also increased notably at the beginning of the second quarter in 2010.

As per the reports of REBGV (Real Estate Board of Greater Vancouver), about 3,512 residential properties have been sold in April 2010. It is about 18.5% increase in comparison to 2,693 sales during the same month a year back and 9.1% increase (with 3,218 sales) from that of April 2008. The housing sales figure of April 2010 also signifies that there has been about 12% increase in comparison to March 2010.

There have been about 7,648 new listings (in April 2010) for attached, detached and apartment properties in the Greater Vancouver Area that amounts to about 64.5% increase as compared to the similar period in 2009. In comparison to March 2010, there has been about 9.2% increase in property listings. The sales of detached, attached and apartment properties have also increased remarkably in the past 1 year.

The housing prices have also increased during the similar time period. In the past 12 months, the HPI (Housing Price Index) benchmark for all residential real estate properties has increased from $499,021 (in April 2009) to $593,419 (in April 2010). The benchmark for detached, attached and apartment properties in April 2010 has increased by 21.2%, 16.4% and 16.9% respectively as compared to April 2009.

One of the major reasons behind the increased price of Vancouver homes is that the demand has been a lot more than the supply for the past 1 year. According to the industry experts, the housing price will continue to be higher in 2010. So, this is the ideal time for the Vancouverites to own a property before the price rises more. Moreover, the low mortgage rates may soon disappear along with the addition of 12% HST (‘Harmonized Sales Tax’, the combined federal-provincial tax) to the price of homes from July 1, 2010.

Due to the housing mortgage meltdown in US, Canadian lenders have become cautious about offering home loans to the borrowers. They’re assessing the financial condition of the mortgage borrower before originating a home loan. So, make sure that your finances are in order so that you can qualify for taking out a mortgage loan if you want to own a property in the Greater Vancouver Area, Canada.

© Angel Wang | Top Real Estate Agent Vancouver Blog, 2010. | Permalink | One comment | Add to del.icio.us
Post tags: homes for sale, house price, residential properties, residential real estate, vancouver real estate

New Waterfront Luxury Homes Community River Green In Richmond

Angel Wang — Sat, 29 May 2010 23:13:41 +0000

Soon, a new urban waterfront luxury homes community will rise on the banks of the Fraser River – designed and built by the most renowned developer in Greater Vancouver Area – Aspec, who brought Coal Harbour to Vancouver.

River Green will be built on a 28-acres parcel of waterfront just west of the Dinsmore Bridge in Richmond. Like Coal Harbour, it will have upscale residences with dramatic waterfront and mountain views, and ample parkland with cafés, waterfront restaurants, and shops dotted along a winding waterfront promenade.

And this new waterfront utopia will have something no other master-planned community in the Lower Mainland has – a state-of-the-art sports and wellness center, a legacy of the 2010 Olympic Games.

© Angel Wang | Top Real Estate Agent Vancouver Blog, 2010. | Permalink | One comment | Add to del.icio.us
Post tags: Aspec, luxury condo, luxury homes, richmond, waterfront

New Condos Are The Interests Of Property Investors From Mainland China

Angel Wang — Wed, 28 Apr 2010 03:55:36 +0000

Many property investors from mainland China are not necessarily immigrants. They are investing in Vancouver’s real estate market since the new legislation of tourism between China and Canada by the end of year 2009. Details please contact Angel Wang.

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Post tags: canada immigrant, real estate investment, vancouver real estate

CBC News: Who Are The Pricey Vancouver Real Estate Buyers?

Angel Wang — Sat, 17 Apr 2010 06:53:12 +0000

For the first time, the average price of a Vancouver home has topped $1M. Vancouver Realtors don’t believe , that the price will have any chance to go down. According to an CBC news on April 7, the major reason of the hot housing price in Vancouver is because of those who are mainly immigrated from mainland China. Angel Wang was interviewed by CBC news.

© Angel Wang | Top Real Estate Agent Vancouver Blog, 2010. | Permalink | 2 comments | Add to del.icio.us
Post tags: CBC, housing price, vancouver housing

About Buying Foreclosure Homes In Vancouver

Angel Wang — Sat, 10 Apr 2010 06:10:46 +0000

What’s the procedure for buying foreclosure homes in Vancouver? How can you successfully bid for it on court? The difference from buying a regular home. What other issues you should know about before purchasing a foreclosure home? Please contact Angel Wang (Top Real Estate Agent In Vancouver West) for details.

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Post tags: buy home, foreclosure, vancouver housing, vancouver real estate