Friday, October 16, 2009
Active Vancouver Real Estate market carries into October
Consumer momentum in the
Vancouver real estate market from August and September has carried into October, however expect to see things slow down as pent up demand has finally subsided.
September recorded the third busiest month in the history of the real estate board as many buyers were eager to purchase before their 'locked in' mortgage rates expired. The good news for buyers is that there are now fewer people actively looking and with the continued supply hitting the market, price increases are slowing and bidding wars are not as common and aggressive as even one month ago.
We are now pretty much back at to the peak of 2008 in
Vancouver real estate however don't expect prices to rise significantly over the next six months. Interest rates are creeping up and the affordability that we had 6 months ago is gone. I'm expecting a modest 5-6% increase in over all prices next year in Vancouver Westside, kitsilano and Downtown core.
If you'd like some more information on the
Kitsilano real estate market or the
Vancouver real estate market in general feel free to give me a call.
Peter Raab
Vancouver Real Estate Agent
Kitsilano Real Estate Agent
Labels: Kitsilano real estate market update, Vancouver Real estate market update, vancouver real estate update
Saturday, October 10, 2009
One bedroom condo sold in Kitsilano
I just sold a beautifully renovated condo in
Kitsilano, Vancouver.
This condo is in the heart of
Kitsilano, one block from 4th avenue and only a short walk to Kits Beach. Renovated from through out with new laminate floors, new kitchen and bathroom.
Specifics are:
204 1933 West 5th Ave.
1 bedroom, 1 bathroom
665 square feet
1 parking stall plus an external storage locker
Sold for 101% of the asking price in one weekend!
For more information on condos for sale in Kitsilano contact:
Peter Raab
Kitsilano Real Estate Agent
Labels: Kitsilano real estate, kitsilano real estate agent, real estate Kitsilano
Monday, October 05, 2009
Waterfront condo sold in the West End
I just sold a spectacular waterfront condo in the West End, Downtown Vancouver.
803 1995 Beach Ave., The Huntington.
This condo in the West End was for sale for $515,000 and sold for 104% of the asking price after one weekend. This condo for sale in the West End was directly across from English Bay and only one block from Stanley Park.
West of Denman and only a stones throw from English Bay beach.
For more information on
Real Estate for Sale in the West End contact:
Peter Raab
West End Real Estate Agent Labels: condos for sale in the West End, waterfront condo for sale Westend, waterfront condos for sale downtown vancovuer, Westend real estate agents
Condos for sale in Kitsilano
204 1933 West 5th Ave
665 square feet
1 bedroom, 1 bathroom
Completely renovated condo for sale in Kitsilano. One block from 4th Ave and only a short walk from Kits Beach. This condo for sale in Kitsilano is ready to move in with new floors, completely renovated kitchen and bathroom.
Wood burning fireplace, heat and hot water included in the maintenance fees.
Live the Kitsilano lifestyle in this condo with City and Mountain views.
For more information on Kitsilano Real Estate contact:
Peter Raab
Kitsilano resident and Kitsilano Real Estate Agent
Labels: condo for sale in Kitsilano, condos for sale in Kitsilano, Kitsilano real estate, kitsilano real estate agent
Consumer momentum in the Vancouver real estate market from August and September has carried into October, however expect to see things slow down as pent up demand has finally subsided. 
