Monday, February 22, 2010
Two bedroom condo sold in Kitsilano
I just sold this fantastic two bedroom condo in
Kitsilano, Vancouver West.
310 2525 Blenheim Street, at the corner of West Broadway and Blenheim.
Asking price was $599,000 and it sold in two weeks for full price. This condo in
Kitsilano has two bedrooms plus a large den with two full bathrooms.
Steps to all the cafes and restaurants on West Broadway, minutes to UBC and
downtown Vancouver. This is the largest unit in the building on the south east, quite side of the building.
Even though the Vancouver 2010 Olympics are in full swing, hungry buyers are still looking to purchase condo's in Kitsilano and even
condo's in downtown Vancouver.
For more information on
condos for sale in Kitsilano contact:
Peter Raab
Kitsilano Real Estate Agent
Labels: condos for sale in Kitsilano, Kitsilano real estate, kitsilano real estate agent, two bedroom condos for sale in Kitsilano
Tuesday, February 09, 2010
Vancouver home sales still expected to increase
According to the British Columbia Real Estate Associations forecast, residential sales are expected to increase six per cent from 85,028 units in 2009 to 90,100 units in 2010 before retreating three per cent in 2011.
Higher home prices and rising mortgage interest rates will provide a constraint on home sales next year.
Relatively slow economic growth, reduced pent-up demand and rising carrying costs are expected to keep home sales from continuing at their frenetic pace.
Although the average home price is expected to increase five per cent in 2010, they are only expected to increase by one per cent in 2011.
Interest rates are expected to increase in the third quarter of this year with will limit price appreciation next year.
Across the nation, Canada's residential real estate market is forecast to remain unusually strong through the first half of 2010 as economic conditions across the country improve and the stimulus impact of low interest rates continues to stoke the demand.
As the confidence in the economic recovery builds in early 2010, increases in real estate levels and over all market activity are expected to continue. However the erosion of affordability driven by these higher house prices and the expected late year upward movement of interest rates are expected to bring the market back into balance in the second half of the year, when Vancouver real estate prices are expected to moderate.
Improving supply as teh year unfolds and easing demand as the cost of home ownership in the Vancouver Real Estate market rises should moderate home price increases in the second half of 2010.
For more information on the Vancouver Real Estate market please contact:
Peter Raab
Vancouver Real Estate Expert
Labels: Vancouver Real Estate, Vancouver Real Estate market forecast, Vancouver Real estate market update
Sunday, February 07, 2010
Vancouver Real Estate 2010 Olympic Market Update
I can't believe we're already into February, I see cherry blossoms around Kitsilano and tulips blooming in our gardens. Although we really didn't have much of a winter yet, it feels like spring is just around the corner. Mirroring the weather has been our metro Vancouver real estate market which has been jumping since the first day of 2010. We've seen lots of new product come on the Vancouver real estate market and likewise, any of the good products getting snatched up in multiple offer bids. What's most unusual is we're seeing these attached and detached homes right up to the 3 million dollar mark selling above the list price, a sure sign of confidence in the market at all levels. I believe this fast start to the year is attributed to the fact that the Olympics are just around the corner and most recognize that February will be pretty much a write off for buying and selling real estate in metro Vancouver.
So, what's in store for the rest of the year?
Expect to see a very active Vancouver real estate market after the Olympics with lots of new listings coming online and many hungry buyers. The Feds said they are sticking to their game plan and will hold low interest rates for an 'extended period', expect this to be mid to late summer. With the 5 year rate at around 3.79% and variable around 2%, people will definitely be buying however I'm counting on the increased inventory to keep price increases at a modest level; say 5-7% in 2010.
For more information in the Vancouver Real Estate Market contact:
Peter Raab
Vancouver Real Estate Agent
Labels: Kitsilano real estate market update, Vancouver Real Estate 2010 Olympic Market Update, Vancouver real estate agents, vancouver real estate expert, Vancouver Real estate market update
Condo for sale in Kitsilano
310 2525 Blenheim Street,
Kitsilano, Vancouver West.
Beautiful rain screened condo for sale in
Kitsilano, at Blenheim and West Broadway.
This condo in
Kitsilano has two bedrooms with a large bright den/office/nursery. It also comes with 2 full bathrooms, one parking stall and one storage locker. Total square footage is 986 square feet.
The building is the
MAC on Blenheim, built in 2005 and is still under warranty.
Minutes to Jericho Beach and
Kits Beach, close to UBC and 10 minutes from Downtown Vancouver. Walk to all the funky restaurants and stores on West Broadway including the
New Bohemian restaurant.
The is a very vibrant part if
Kitsilano and is the perfect location for either UBC students or your couples looking to take advantage of everything
Kitsilano has to offer.
This condo is offered at $599,000
For more information on condos for sale in Kitsilano or real estate in Kitsilano, contact:
Peter Raab
Kitsilano real estate expert
Labels: condo for sale in Kitsilano, condos for sale in Kitsilano, Kitsilano real estate, kitsilano real estate agent, The Mac on Blenheim
Tuesday, February 02, 2010
Vancouver 2010 Olympics Party Guide
If there's one thing the Olympics are known for, it's the partying atmosphere.
Vancouver will basically transform into a North American Little Europe over the extent of the Games. We present to you, a complete guide of the hottest parties during the Vancouver 2010 Olympics:
Every Night
LiveCity Yaletown (FREE)
LiveCity Downtown (FREE)
Holland Heineken House
Molson Canadian Hockey House
Club Crawl (4 clubs)
Light Show Dinner Boat Cruise
Feb 11 (Thurs)
Gossip - Paul Van Dyk (GER)
Fabric - Top Canadian DJ's
Cellar - Anti-Valentine's Day
Aubar - International Student Night
Feb 12 (Fri)
Gossip - MSTRKRFT (CAN)
Caprice Nightclub
Bar None
Boss Nightclub
Feb 13 (Sat)
Gossip - Benny Benassi (ITA)
Red Room - Hed Kandi with Greg Myers
Fabric
Feb 14 (Sun)
Gossip - LMFAO (US)
Pride of Vancouver Charters - Valentine's Day
Tunnel Multi-Lounge - EmalKay
Fabric - Kaya Jones
Feb 15 (Mon)
Gossip - Gareth Emery (UK)
Bar None
Fabric - Vancity's Finest
Feb 16 (Tues)
Gossip - Flying Lotus (US)
Fabric - DJ Muggs
Lotus, Honey and Milk - Sydney Blu (Spain Night)
Feb 17 (Wed)
Gossip - Steve Aoki (US)
Ginger62 - DJ Heather (US)
Fabric - MixMaster Mike
Space Lounge - electronic world music
Pride of Vancouver Charters - Light Show Dinner Boat Cruise
Feb 18 (Thurs)
Gossip - Benny Benassi (ITA)
Fortune Sound Club - Brazilian Carnival Mardi Gras
Fabric - Roxanne Dawn
Pop Opera - DJ Fashen
Feb 19 (Fri)
Gossip - Steve Angello (SWE)
Boss Nightclub - DJ Starting From Scratch
Fabric - koo Party
Club Bud (Budweiser) - Burton Party
Feb 20 (Sat)
Gossip - Armin Van Buuren (NED)
Red Room - Paul Oakenfold (UK)
Club Bud (Budweiser) - NHL Party
Fabric - Miss Marz
The Modern - The Good Life
Feb 22 (Mon)
Gossip - dubfire (US)
Love Lounge - white party
Fabric - Vancity's Finest
Lotus, Honey and Milk - USA Night
Fortune Sound Club - Wale
Pop Opera - Jermaine Dupri
Feb 24 (Wed)
Gossip - Samantha Ronson (US)
Ginger62 - Mark Farina
Fabric - Kay Jay
Fortune Sound Club - Fckin Eh
Pop Opera - DJ Spider (US)
Gossip - Calvin Harris (SCO)
Shine - Dieselboy (US)
The Modern - DJ Spider (US)
Canvas Lounge - Ferrari Maserati: Italian Luxury Night
Club Bud (Budweiser) - Budweiser Party
Feb 26 (Fri)
Gossip - Wolfgang Gartner (US)
Boss Nightclub - DJ Jazzy Jeff
Fabric - koo Party
Club Bud (Budweiser) - Under Armour Party
Feb 27 (Sat)
Gossip - Crystal Castles (CAN)
Red Room - Markus Schulz (GER)
Club Bud (Budweiser) - Lululemon Athletica Party
Feb 28 (Sun)
Gossip - TBA
Shine - Danny Howells, Lee Burridge
Caprice
Fabric - DJ Pump
The Modern - DJ Eleven, The Good Life
Venue - DJ's King and TheMayor
Labels: downtown Vancouver real estate, Nightlife during Vancouver Olympics, Vancouver 2010 Olympics party's. Party's vancouver Olympics
I just sold this fantastic two bedroom condo in Kitsilano, Vancouver West. 
