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We are proud to announce that this Apr 26th, 2:00 PM to 4:00 PM we will be hosting an Open House at 8250 19th Avenue in the Burnaby East neighborhood, Burnaby. This is an opportunity to visit this excellent House for sale in beautiful Burnaby East.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Burnaby East House for sale.

As always please do not hesitate to give me a call at if I can answer any questions before the open house, or if you would like to...

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We are proud to announce that this Apr 19th, 1:00 PM to 3:00 PM we will be hosting an Open House at 719 Princess Street in the Uptown neighborhood, New Westminster. This is an opportunity to visit this excellent Condo for sale in beautiful Uptown.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Uptown Condo for sale.

As always please do not hesitate to give me a call at if I can answer any questions before the open house, or if you would like to book...

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Smart Sizing is a term Realtors use when a couple is looking to move out of their family home as it has become to large to manage and are looking for convenient living where they live more easily. 

I have seen too many cases where Seniors hold on to their family home far too long and decide to move out when they are ailing or a spouse has passed on and they have to tackle it themselves.

I always say to my friends, their parents and my parents, move out while you can manage the moving process...
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I just finished uploading this Condo for sale, 101 719 Princess Street, New Westminster, BC

Uniquely positioned with north/west/east exposures, this bright CORNER GARDEN suite offers a very peaceful & tranquil setting on the quiet side of the building. 10ft CEILINGS, an open floor plan & large windows over look beautiful treed gardens. Large living room extends to a huge private patio, great for entertaining, gardening & bird watching. The den could be used as a large office or an elegant dining room....

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West 10th and Maple ready to bloom on Vancouver’s West Side
APRIL 14, 2014
 

West 10th and Maple Vancouver homes

West 10th & Maple is a new home project by Pinnacle International located at West 10th Avenue between Maple and Arbutus streets.

This boutique collection of upscale West Side homes can be customized in size. Floorplans range from one- to three-bedroom condos, as well as a limited number of townhomes.

Each home comes in your choice of two unique colour schemes and includes engineered hardwood...

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Western Canada and the Prairies

There was robust market activity across much of Western Canada during the first three months of the year. In what was a tale of two winters, Vancouver and Victoria saw year-over-year price gains during an unusually mild January and February.

At the same time, below average temperatures in cities such as Edmonton, Calgary and Saskatoon were not enough to cool local market sales, where house prices also continued to climb. And while Winnipeg and Regina did experience...

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REBGV: Vancouver home sales rise in March, but still below 10-year average
By: Michael Aynsley APRIL 3, 2014
 

vancouver real estatePhoto: vancityhotshots/Flickr

The Real Estate Board of Greater Vancouver says a total of 2,641 homes sold through its Multiple Listing Service last month, a 12.5 per cent increase from the 2,347 sales recorded in March 2013, but 17.2 per cent below the 10-year March average of 3,190.

“We continue to see steady and stable market conditions across the Greater Vancouver...

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Eastside vs. Westside Market Stats as of March 31, 2014:

Attached Market (condo's and townhouses):


The Westside Attached market is currently in a Balanced market with a 19% sales ratio average (1.9 in 10 homes selling).  Homes are selling on average 2% below asking price.  The most active price band is the $400k - $500k; $700k - $800k with average 27% sales ratio.  This portion of the market is in a Sellers Market.


The Eastside Attached market is currently in a Sellers Market with a 31% sales ratio average (3.1% in 10 homes selling).  Homes are selling on average 1% below list price. The most active price band is $700 - $800k with 47% sales ratio. (Sellers Market)

Detached Market (houses):

Westside detached houses are currently in a Balanced Market at 20% sales ratio average (2 in 10 homes selling). Homes are selling on average 3% below list price. The most active price band is  $1.25 to $1.5mil and $2.5 mil to $2.75mil.

Eastside detached houses are currently in a Sellers market at 39% Sales Ratio Average (3.9% in 10 homes selling). Homes are selling on average at list price with the most active price band $700 - $900k with average 66% Sales Ratio (Sellers Market)

Sellers Market: 21% or Greater
Balanced Market: 15 - 20%
Buyers Market: 14% & Less


 
For more detailed statistics in your neighbourhood, contact me at 604.739.1129 or homes@pamelasmith.ca .  
 

About Your Realtor

Pamela recently received the Presidents Award for outstanding achievement in 2013. Most of my business comes from my past clients and those they introduce me to.  Thank you so much for your support.    

TIMING 

Timing is everything!  If you are considering listing your property, the time is now. Many Buyers are out looking! Waiting until later means that more properties come onto the market and it increases your competition.  Make your property stand out! Get your property on the market before others do. 
Please ask me about my referral - reward program. I am never to busy for your family, friends, or co-workers and would appreciate your recommendations. Introduce me to someone you care about that needs someone they can trust.

Fact:  The average budget of a first time home buyer in Vancouver is $506,500.






 
Pamela Smith
Sutton West Coast Realty
homes@pamelasmith.ca

www.pamelasmith.ca
Copyright (C) *|2014|* *|Pamela Smith:Sutton West Coast Realty|* All rights reserved.

 
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Top Grants and Rebates for Property Buyers and Owners

Saving money is important to all of us. Here are some ways to put money back into your pocket!  

1. Home Buyers' Plan: Qualifying home buyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment. Home buyers who have repaid their RRSP may be eligible to use the program a second time!   

2. GST Rebate on New Homes: New home buyers can apply for a rebate for the 5% GST if the purchase price is $350,000 or less. The rebate is equal to 36% of the GST to a maximum rebate of $6,300.  There is a proportional GST rebate for new homes costing between $350,000 and $450,000.  At $450,000 and above the rebate is nil.

3. BC Property Transfer Tax (PTT) First-Time Home Buyers' Program:
Qualifying first-time buyers may be exempt from paying the PTT of 1% on the first $200,00 and 2% on the remainder of the purchase price of a home priced up to $425,000.  There is a proportional exemption for homes priced up to $450,000.  At $450,000 and above the rebate is nil.

4. First-Time Home Buyers' Tax Credit (HBTC)
This federal non-refundable income tax credit is for qualifying buyers of detached, attached, apartment condominiums, mobile homes or shares in a cooperative housing corporation. The calculation: multiply the lowest personal income tax rate for the year (15% in 2012) x $5,000. For the 2013 tax year, the maximum credit is $750.

5. BC Home Owner Grant:Reduces property taxes for home owners with an assessed value of up to $1,295,000. The basic grant gives home owners: 
  • a maximum reduction of $570 in property taxes on principal residences in the Capital, Greater Vancouver and Fraser Valley regional districts;
  • an additional grant of $200 to rural homeowners elsewhere in the province; and
  • an additional grant of $275 to seniors aged 65+, those who are permanently disabled and war veterans of certain wars.
6. BC Property Tax Deferment Programs:
  • Property Tax Deferment Program for Seniors
  • Financial Hardship Property Tax Deferment Program
  • Property Tax Deferment Program for Families with Children
7. Low Interest Renovation Loans
Financial Institutions offer 'green' loans for home owners making energy efficient upgrades. Vancity's Bright Ideas personal loan offers home owners up to $20,000 at prime +1% for up to 10 years for 'green' renovations. RBC also offers a Energy Saver loan.  For more information, contact your financial institution or your Mortgage Broker.

For more grant/rebate information or a current market update in your neighbourhood, contact me at 604.739.1129 or homes@pamelasmith.ca .  
 

About Your Realtor

Pamela recently received the Presidents Awardfor outstanding achievement in 2013. Most of my business comes from my past clients and those they introduce me to.  Thank you so much for your support.    

TIMING 

Timing is everything!  If you are considering listing your property, the time is now. Many Buyers are out looking! Waiting until later means that more properties come onto the market and it increases your competition.  Make your property stand out! Get your property on the market before others do. 

REFERRALS

Please ask me about my referral - reward program. I am never to busy for your family, friends, or co-workers and would appreciate your recommendations. Introduce me to someone you care about that needs someone they can trust.

Fact:  The average budget of a first time home buyer in Vancouver is $506,500.






 

Pamela Smith

Sutton West Coast Realty

604.739.1129

homes@pamelasmith.ca

www.pamelasmith.ca

Copyright (C) *|2014|* *|Pamela Smith:Sutton West Coast Realty|* All rights reserved.

...
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Categories:   BC HOME LOAN Program