Blog by The Schacter Team

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The Numbers Are In!

January 6th, 2010

The Schacter Team - Stats

# Of Transactions: Compare the number of transactions completed per year by agents in the FVREB VS The Schacter Team. More activity means more experience.

% Of properties sold: It may surprise you to know that only 55% of the listings taken by the FVREB actually sold last year. This means that 45% of the listings expired or were terminated. The Schacter Team's listings have a 76 % reco ...

Vancouver leads home resales surge

September 17th, 2009

Greater city area sees huge gains from a year ago

Canada's resale home sales sizzled in August, led by Greater Vancouver's 117-per-cent gain from a year ago, the Canadian Real Estate Association said yesterday.

...

Metro's August housing starts bounce off July's bottom

September 10th, 2009

Builders are seeing more interest in new projects, but recovery is expected to be gradual for the rest of 2009

Residential housing construction activity in Metro Vancouver ...

CMHC predicts only 16,250 new homes in B.C. this year, but forecast is better for 2010

September 9th, 2009

British Columbia's residential construction sector will end 2009 at a near-dismal low, but 2010 should be a little bit better, ac ...

B.C. leads the way as building permits rise unexpectedly in June

August 12th, 2009

Statistics Canada said gains were recorded in seven provinces, with the biggest increases coming in British Columbia and Quebec, where permits were issued across all sectors.

Statistics Canada said gains were recorded in seven provinces, with the biggest increases coming in British Columbia and Quebec, where permits were ...

State of The Market Address:

July 7th, 2009

"So… How is the market?" - A question I am frequently asked when conversing with clients. The short answer is, "Vibrant!"

The Fraser Valley Real Estate Board's Multiple Listing Service (MLS) processed 1,982 sales in June. This number reflects a 40% increase in sales from the same month last year. This is also a dramatic increase from the 980 sales processed in September, 768 sales in ...

Think hard about easy money

June 22nd, 2009
By Kim Pemberton, Vancouver SunJune 20, 2009

Reed Harris's acquisition of the first home he will both own and occupy was expedited by historically low interest rates. ' . . . with these rates it's silly to rent,' the owner of two Vancouver addresses comments.

Reed Harris's acquisition of the first home he will both own and oc ...

Drop in home sales levels out

June 11th, 2009

Working people 'cashing in on low mortgage rates'

The decline of Lower Mainland real estate markets, which started with falling sales more than a year ago and saw prices drop as the global recession developed, leve ...

71% say now good time to buy

April 10th, 2009

The Real Estate Weekly - http://www.rew.ca/

Seventy-one per cent of British Columbians say now is a good time to buy a home, up from 60 per cent in November of 2008,
according to a new poll by Ipsos Reid. However, more than 80 per cent say now is not a good time to sell a home. The survey also found that 32 per cent of those polled said they expected to buy a home within the next two years. ...

Excellent Investment Opportunity

January 15th, 2009


I received an email today detailing several new houses for sale in the Clayton Village neighbourhood (Cloverdale). The homes were previously priced at $550,000 and have been drastically reduced to $419,000. They are brand new 3 level homes, 2652 square feet on 3000 square foot lots. Here is a breakdown of the numbers to consider for investment.

Cost
Price: $419,000.00
Plus Suite: $18,000. ...

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