I attended the RE/MAX R4 2017 Convention in Las Vegas last week. It was an amazing experience to meet thousands of fellow RE/MAX agents to network, learn, and exchange ideas. Did you know that there are over 110,000 RE/MAX agents working in over 100 countries around the world? The RE/MAX family is truly “ONE WORLD, ONE RE/MAX”.Continue reading →
Despite losing his vision at age 14, Erik Weihenmayer has never let his blindness interfere with his passion for pursuing an exhilarating life. He is an accomplished and unrivaled blind athlete who has climbed and scaled mountains, sky dive, paraglide, ski, adventure race, mountain bike race, and whitewater kayak. He was the first blind man to reach the summit of Mount Everest on May 25, 2001 and his accomplishments demonstrate that one does not have to have perfect eyesight to have extraordinary vision.Continue reading →
When she was only 4 years old, Angelica developed a bacterial infection in her lungs that would develop into double pneumonia and cause her to go septic, destroying her kidneys and ravaging her body. After the next year and a half of hemodialysis and peritoneal dialysis and months of testing, it was discovered that Angelica’s mother was a perfect match for a kidney transplant. By September 13, 2013, Angelica had a new kidney!Continue reading →
I attended the RE/MAX R4 2017 Convention in Las Vegas last week. It was an amazing experience to meet thousands of fellow RE/MAX agents to network, learn, and exchange ideas. Did you know that there are over 110,000 RE/MAX agents working in over 100 countries around the world? The RE/MAX family is truly “ONE WORLD, ONE RE/MAX”.
RE/MAX China – Beijing
Residential real estate sales in Metro Vancouver dropped significantly in February, according to statistics from The Real Estate Board of Greater Vancouver (REBGV). According to the release, Metro Vancouver home sales totalled at 2,495, compared to 4,172 in February last year. That’s a whopping 41.9% decline! That’s also 7.7% below the 10 year February sales average.
The number of new listings in the area also dropped significantly. Listings registered in February were down 36.9% compared to last year.
While the seemingly endless shortage of affordable housing naturally played a large part in this decline, REBGV president Dan Morrison also offered another possible explanation: The weather.
This past February was much colder and snowier than we’re used to, which Morrison suggests may have played a part in the decline in sales activity. After all, it sounds much nicer to curl up on the couch with a hot chocolate and some Netflix than trudge through the snow to look at houses.
Interestingly, there are more properties on the market now than there were this time last year. Currently there are 7,594 homes listed for sale, slightly more than 7,299 in February last year.
It’s also interesting to note that the average price of a typical property in Metro Vancouver has actually decreased over the past six months. The benchmark price of all residential properties in the area is down 2%, or an average of $906,700. Let’s break that down a little. With the sales of detached homes down significantly from last year, the price of these homes fell to $1,474,000, or a decline of 6.5%.
So what does it all mean? Morrison explains that, “While home sales are not happening at the pace we experienced last year, home seller supply is still struggling to keep up with today’s demand. This is why we’ve seen little downward pressure on home prices, particularly in the condominium and townhome markets.”
Wondering how you can update your home for 2017? Whether you’re planning on selling, or just looking to renovate, here are the top 15 décor trends that will keep your home on trend this year.Continue reading →
Meet the people of Petworth – home to one of the most dangerous roads in the UK – as they experience a new open source prototype service released in August 2016. When you request a Fleetlight notification is sent to Fleet Control. An available Fleetlight is then dispatched and can be dismissed anytime with a single tap. Direct Line designed this prototype service to investigate how they can enhance pedestrian and road safety which potentially could be developed further in the future.Continue reading →
Imagine being able to control your home’s lighting, heat, sound system, blinds, security system, and more all from the comfort of your couch! The lucky new owners of 2576 West 18th Avenue will be able to do so, all from the touch of a smart phone screen. Continue reading →
The AREAA (Asian Real Estate Association of America) Vancouver Chapter hosted its first event of the year called “How to Attract and Retain Real Estate Investors & 2017, Year of the Rooster Feng Shui Forecast” at the Marine Drive Golf Course in Vancouver on January 17, 2017. Below you can see some pictures and a video clip of this fun and informative event.Continue reading →
It’s time to take a moment to appreciate some of Vancouver’s most luxurious homes. While the city is certainly home to some of the world’s most expensive houses, only a select few of these truly belong to the luxury market. The crème de la crème of these homes lie mainly in Shaughnessy and Kitsilano, and represent true opulence–and a listing price to match. Continue reading →