May 17 – 20 @ the Cloverdale Fairgrounds. Look for me all week-end long at this fantastic event!
May 17 – 20 @ the Cloverdale Fairgrounds. Look for me all week-end long at this fantastic event!
Date: May 11, 2013
Time: 11am – 3pm
Location: 188th Street & Fraser Highway, Surrey
This fun-filled day is sure to please the whole family! Be sure to stop by my tent and say hi! I will be there all day showing my Community Spirit!
Clayton residents can now feel at ease knowing that they are getting a new high school which will take the pressure off over-crowded Clayton Heights Secondary. The province has secured an 18 acre property at 73 avenue and 184th. Clayton North Secondary chool will cost approximately 16.7 Million.
Considering listing your home for sale this sprong? Robbie talks about why the spring market is a great time to list your home for sale. Call Robbie at 604-825-3079 or get a CLICK HERE to get customized market assessment of your home.
The Langley and Surrey real estate market is constantly changing, making it difficult to always assess the current value. As a trained Fraser Valley Real Estate professional, I have the right knowledge and tools to determine your home’s value. What is your property worth in today’s market in your area? Let me help!
By utilizing a “Right Price Analysis”, we will be able to assess what your property is valued at today.
During the FREE Home Evaluation, I can advise on:
To receive more information about these listing services, call Robbie or email today.
While other nations are struggling to survive economic turmoil and unwanted debt levels, Canadian real estate values have remained consistent. This is quite noticeable as even foreign investors are expanding their horizons to the Canadian market. The immigration rate in Canada has also grown in the past years resulting in an increase in condo and housing sales. The real estate residential sector will be Canada’s most stable market in 2013. The occupancy rate is currently over 98 percent this year.
Office construction rates are also at a safe level. This guarantees good rental market levels in 2013. However, current office developments in Calgary, Toronto and Vancouver pose risk towards the year’s end. The retail sector will show increasing developments in technology and marketing behaviors with the arrival of U.S. retailers. This is because the broader sector will strive to compete with new strategies to provide residents with useful advantages.
Canadian Real Estate Investment
Canada’s real estate market remained stable and untouched despite the upheavals that other nations encountered in 2012. This also shows the positive outlook that the nation has for this year. The Canadian real estate market will continue to compete with the continuing slow and uncertain market trends in Europe. Canada will also benefit from the increasing stability in the U.S. economy. The Canadian economy will experience moderate expansions from global growth trends. Industries that depend on the business cycle will experience stable if not decreased demand. However, the commercial real estate market is expected to stay stable on the national level. With this, investors will continue to provide funds for the nation’s real estate sector. Therefore, there is expected to be moderate and stable growth in the real estate market for 2013.
In 2012, Canadian commercial real estate owners benefited from the positive outcomes from market fundamentals. This is also expected for the real estate sector in 2013. Unpredictability in the larger investment market will continue to put the Canadian real estate at a privileged level for investors. The property values that have remained on the rise for the past years are expected to be stable this year. The increase in demand and occupancy will continue to benefit investors. In addition, the positive income performance that favored investors in the past year will continue to do so in 2013.
There will be a positive real estate capital flow for this year as the demand will continue to increase over the supply of assets on the market. Transaction volume will show improvements this year while investors chase low interest rates. As a result, Canadian real estate owners will continually benefit. This will increase the rate of investment in Canada from new entries and existing businesses.
The office sector in Canada will also experience stability and strength in 2013 with its positive outcomes from the past year. Moderately robust outcomes are expected for 2013. The office sector will still remain attractive for investors and residents. Occupancy levels for this year will stay strong. This is particularly for the leading central business districts in the nation. Rental rates will also continue to increase despite only a slight rise in space demands.
Toward the year’s end, there will be new developments in the Vancouver and Toronto markets. This will heighten the leasing risk for existing landlords and building owners. However, the expected growth in business may still be able to cover the increase in the leasing space. For the next 12 months, there will be a continuation of positive and stable results that were also seen in 2012. This will drive more investors and improve performance for those with assets in the market.
Canada’s industrial sector is expected to experience slight positive growth in 2013. There will be a slow recovery rate in the leasing market with an expected economic expansion of 2 percent or less. More positive results will come in western Canada while lower rates are expected in the eastern market. As a result, there will only be a slight increase in rental rates that will be below the levels seen in 2008.
Industrial developments will stay below average, but they will be higher than in the past few years. Tentative trends in the Edmonton and Calgary markets will result in more projects. The investments in the industrial sector will show continued strength. This will result in healthy demand, lower rates of assets for sale and good returns.
In this video I speak about the property assessments you may have received from BC Assessments in the past couple of weeks. If you have any questions or would like more information give me a call at 604-825-3079 go here to complete an online request.
When it comes to finding a new place to live, there are basically two choices. One can buy a residence outright, or one can rent one that belongs to somebody else. Each has its own advantages and drawbacks, and depending on one’s financial situation they may be different for everybody. Both aspects of both options will be outlined below.
Advantages of renting
If you are renting a place to live, one of the big advantages is that you do not have to do maintenance work—you simply notify the landlord or management company if something needs to be done. Moving out is also easier, whereas if you own a house and want to move into a new one there is a great deal of paperwork that needs to be done on both the old and the new houses.
Drawbacks of renting
On the other hand, a renter does not have the benefit of equity on the property. Likewise he does not receive any tax benefits on a house or apartment that he rents. Furthermore, if a renter wishes to make improvements on the property—such as a new paint job or the installment of a new refrigerator or other piece of equipment—then he must ask the permission of the landlord.
Advantages of owning
The points discussed above as drawbacks of renting are advantages of owning a house. Here the owner does build equity and receive tax benefits and can make any improvements that suits his need. An additional plus is being able to settle in a community, where one can get to know the people in the neighborhood and become involved in their activities.
Buying Distressed sale or foreclosure properties in Vancouver, Surrey and Surrounding Areas.
1. They come with immense discounts. Most distressed homes attract discounts of up to 20-50% off their market value, which adds up to huge savings for you.
2. They provide guaranteed profits for the investor. It you are dealing in the housing or real estate industry, buying distressed homes is a great way to enjoy huge profits. You only have to make the necessary renovations and wait for the right time to sell the property and there, you recoup your purchase price and a fat profit amount.
3. They are an easier and cheaper way to own property than building or buying property that is in good condition.
How then do you go about acquiring distressed sale properties? Here are a few tips to see you through the process:
1. Understand the laws governing the sale of distressed properties in Vancouver and how they affect you as the buyer.
It is important to understand that British Columbia legislation seeks to protect the owner of the distressed property. The laws and sale process is structured in such a way as to allow the owner recoup as much money for their property as possible. This includes allowing a group of interested bidders to battle it out for the highest bid and publicizing your offer amount as the seller.
2. To increase your chances of closing the deal, give an offer that is as close to the property’s fair market value as possible.
This is because before the court approves any offer on distressed property, it has to ascertain that it is the highest the owner can get.
3. Stay ahead of the game by preparing early.
The more you find out about the distressed property, the higher your chances of getting the deal. This you do by finding the actual market value of the property. A good way to do this is by running an evaluation of the neighborhood and finding the value of similar properties. Based on your findings, you can come up with a reasonable amount.
4. You can still adjust your offer to a higher amount if competition is stiff during the sale hearing, before the judge/master makes the final decision.