Friday, January 25, 2013

Maria Mak. Burnaby Real Estate Agent. 604.839.6368

 

Beautifully renovated condo is priced to sell@ $259,000

New Listing : 1108 - 6595 Willingdon Ave, Burnaby, BC

OPEN HOUSE: February 9th/10th, Saturday/Sunday 2 - 4 PM











It’s always nice to go back to a home sweet home like this one. What a good feeling when you step into this fully renovated, meticulously well maintained, quiet and spacious 711 sq ft one bedroom concrete condo in the heart of Metrotown. Enjoy a relaxing sunset evening on the large balcony overlooking Central Park. It is wonderful to wake up and count all the evergreen trees through the floor-to-ceiling windows from your cosy bedroom.

This suite boasts new appliances in a renovated kitchen, a bathroom with stylish fixtures, new laminate flooring and in-suite laundry. Included in this well managed building (with an in-house caretaker) are the following amenities: gym, sauna, hot tub, racquet ball and party room. The roof was redone in 2008. Just a stone throw away is Central Park, Metrotown, schools, library, shopping and the sky train station. Unit comes with one underground parking stall and one storage.

Call Maria Mak @ Sutton Centre Realty at 604.839.6368 or visit her website http://www.mariamak.com  to arrange private viewing.




Monday, January 7, 2013

Maria Mak. Burnaby Realtor . Prices hold firm as home buyers and sellers conclude 2012 from the sidelines

Thursday, January 3, 2013

VANCOUVER, BC – The Greater Vancouver housing market experienced below average home sale totals, typical home listing activity and modest declines in home prices in 2012.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2012 reached 25,032, a 22.7 per cent decline from the 32,387 sales recorded in 2011, and an 18.2 per cent decrease from the 30,595 residential sales in 2010. Last year’s home sale total was 25.7 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.
The number of residential properties listed for sale on the MLS® in Greater Vancouver declined 2 per cent in 2012 to 58,379 compared to the 59,539 properties listed in 2011. Looking back further, last year’s total represents a 0.6 per cent increase compared to the 58,009 residential properties listed in 2010. Last year’s listing total was 6.1 per cent above the ten-year average for annual MLS® property listings in the region.

"For much of 2012 we saw a collective hesitation on the part of buyers and sellers in the Greater Vancouver housing market. This behavior was reflected in lower than average home sale activity and modest fluctuations in home prices,” Eugen Klein, REBGV president said.

Residential property sales in Greater Vancouver totalled 1,142 in December 2012, a decrease of 31.1 per cent from the 1,658 sales recorded in December 2011 and a 32.3 per cent decline compared to November 2012 when 1,686 home sales occurred.

December sales were 38.4 per cent below the 10-year December sales average of 1,855.

Since reaching a peak in May of $625,100, the MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver has declined 5.8 per cent to $590,800. This represents a 2.3 per cent decline when compared to this time last year.

“We saw home prices come down a bit during the latter half of the year. During the same period, we saw fewer home sales and listings,” Klein said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,380 in December 2012. This represents a 15.3 per cent decline compared to the 1,629 units listed in December 2011 and a 50 per cent decline compared to November 2012 when 2,758 properties were listed.
Sales of detached properties in December 2012 reached 425, a decrease of 32.5 per cent from the 630 detached sales recorded in December 2011, and a 44.7 per cent decrease from the 769 units sold in December 2010. The benchmark price for detached properties decreased 2.7 per cent from December 2011 to $904,200. Since reaching a peak in May, the benchmark price of a detached property has declined 6.5%.

Sales of apartment properties reached 504 in December 2012, a decline of 34.9 per cent compared to the 774 sales in December 2011, and a decrease of 37.9 per cent compared to the 811 sales in December 2010.The benchmark price of an apartment property decreased 1.9 per cent from December 2011 to $361,200. Since reaching a peak in May, the benchmark price of an apartment property has declined 12.8%.
Attached property sales in December 2012 totalled 213, a decline of 16.1 per cent compared to the 254 sales in December 2011, and a 33.2 per cent decrease from the 319 attached properties sold in December 2010. The benchmark price of an attached unit decreased 2.6 per cent between December 2011 and 2012 to $450,900. Since reaching a peak in April, the benchmark price of an attached property has declined 4.4%.
“Activity continues to vary depending on area so it’s important to work with your REALTOR® and other professionals to understand the trends in your area of interest,” Klein said.



Friday, January 4, 2013

Maria Mak. Buranby Realtor. A gift of new beginnings was laid before me...

A gift of new beginnings was laid before me,

It woke me from my silent slumber,

Still hold firm on my forgotten dreams,

Graciously accepted all the gifts I was lavishly given,

THANK YOU!!

Written by Maria Mak. Burnaby Realtor

Friday, August 31, 2012

Maria Mak. Burnaby Real Estate Agents. BC Home Sales to rise in 2013


BCREA 2012 Third Quarter Housing Forecast Update

Vancouver, BC – August 30, 2012. 

The British Columbia Real Estate Association (BCREA) released its 2012 Third Quarter Housing Forecast Update today.
BC Multiple Listing Service® (MLS®) residential sales are forecast to edge down 4 per cent to 73,400 units this year, before increasing 7.5 per cent to 78,900 units in 2013. Since 2009, MLS® residential sales in BC have ranged between 74,000 to 78,000 units. A record 106,300 MLS® residential sales were recorded in 2005.

"Despite more robust consumer demand in the Interior, fewer home sales in Vancouver will pull the BC total lower this year," said Cameron Muir, BCREA Chief Economist. "However, a notable growth trend in full-time employment combined with persistently low mortgage interest rates is expected to boost housing demand around the province in 2013."

"MLS® residential prices are expected to remain relatively stable this year and through 2013, with changes in average price statistics largely the result of a differing mix of home types sold and shifting regional demand patterns," added Muir. Average price data for Vancouver was skewed artificially high in 2011 by a wave of detached home sales in the priciest neighbourhoods. Lower Mainland’s share of provincial home sales is expected to decline to 58 per cent this year from 62 per cent in 2011. The average MLS® residential price in BC is forecast to decline 7.8 per cent to $517,500 this year, and remain relatively unchanged at $519,000 in 2013.

For all premium quality real estate sevices, contact Maria Mak @ 604.839.6368 or visit her website www.mariamak.com, You will be smiling too.
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