Richmond BC Real Estates

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Real Estate Agent
This blog is about the real estate market in Richmond, Vancouver and Greater Vancouver. > Richmond detached homes, townhomes and condos/apartments for sale > Selling and buying your home in Richmond, Vancouver and Burnaby
RECENT BLOG POSTS
The real estate market in Western Canada is expected to face some major challenges. Large inventory build-up of resale and new homes surpassing 20,000 active listings and unusual contraction in sales over the past few weeks are alarming. Canada especially Greater Vancouver may finally join other...
07/26/2008
The Richmond new condos market is taking a turn for the worst in July if the weak sale trend continue.  Presently, there are close to 1,000 condo/apartment listed fro sale in Richmond. The average condo sales in Richmond over the past 6 months was 153 units. More than 50% of these listings are u...
07/22/2008
The sales activities for million dollar homes in Richmond had slowed down considerably the past 2 months. There are now a large number of million dollar homes that are in various stages of construction. What's going to happen to Richmond's million dollar homes now that the real estate market is ...
07/22/2008
Home buyers are constantly perplexed on the question how home prices are determined. Generally, the value of a home is determined by the location, age, size, type of housing and the condition of the home. A home seller on consultation with his realtor used comparable market analysis to establishe...
07/19/2008
Greater Vancouver List/Sale Data - June 2008 The June housing data for British Columbia, Canada was showing a dramatic change from what happened a year ago. Although the average prices reported by the various real estate boards (except Victoria, BC) were higher, the June 2008 listings and sales d...
07/17/2008
"Get Real With Write Down" The Federal Reserve currently has a list of 90 banks on watch for failure and it is imperative that the Federal Government begins to get ready for the probability of a wave of failed banks. All you have to do is look at the numbers: As of Monday, Wachovia's stock had fa...
07/17/2008
A "buyer's market" is when the supply is more than the demand for real estate. They expect home prices to come down. In a buyer's market, selling time increases resulting in home sellers reducing their prices to sell their homes. In a down cycle, the decline in home prices could take a few years...
07/12/2008
The latest June sale figures for Greater Vancouver showed that sales of resale and new homes were down sharply - a startling drop of 41% compared with the same period last year. The inventory of home listed for sale was up 53% compared with that of last year. Real estate prices have begun to slip...
07/12/2008
Richmond Housing Report - List Vs Sold June, 2008 Source: RealtyLink Online, Listings versus Sales Housing Type Active Listings Sold Listings No. Months Average Price Detached 895 115 7.78 $830,000 Townhouse 445 84 5.30 $470,000 Condominiums 995 146 6.82 $350,000 The Richmond total unit sale for ...
07/09/2008
Richmond Housing Report - List Vs Sold May, 2008 Source: RealtyLink Online, Listings versus Sales Housing Type Active Listings Sold Listings No. Months Average Price Detached 790 149 5.30 $830,000 Townhouse 390 118 3.30 $470,000 Condominiums 895 157 5.70 $335,000 The Richmond total unit sales for...
07/09/2008
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James WongVancouver Richmond

Chinese Realtor, Vancouver > Richmond
local_phone(604) 721-4817
smartphone(604) 721-4817
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