I have listed a new property at 5 6031 FRANCIS RD in Richmond.
Large 2012 sq. ft. duplex style townhome in great central location. Updates to this inside unit include a newer kitchen with dark shaker style cabinets, glass tile backsplash and granite countertops. Other desirable features are cross hall living and dining areas, loads of storage, private backyard and a double car garage with side by side parking. Professionally measured by PixiWorks.
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Metro Vancouver housing prices will continue to rise after the COVID-19 pandemic, creating a drag on sales growth as homebuyers’ budgets shrink, according to the Canada Mortgage Housing Corp.’s spring outlook Thursday.

CMHC senior analyst Braden Batch predicted that Metro’s housing market will face the same housing affordability and supply-shortage challenges that existed pre-pandemic.

He said demand for housing in Vancouver last year went in two different directions: demand for home ownership expanded, and demand for rental housing receded.

The COVID-19 lockdown resulted in a major decline in the typical flow of migrants into the Vancouver region, especially very young adults and students, while lower mortgage rates triggered a burst of move-up and first-time buyers entering a market that was already experiencing dwindling inventories before 2020, added Batch.

“Vancouver’s housing market will adjust to reopening borders and development in fu...

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I have sold a property at 6811 JUNIPER DR in Richmond.
Beautiful tudor style family home in desirable home Parklane West neighborhood. Updates to this spacious 4 bedroom, media room and den include, kitchen, baths, flooring, windows and cedar shake roof. Character abounds with cozy sunken family and living rooms, a dining room with French doors opening on to an outdoor deck. Manicured 9' hedges surround the slate tiled private patio. Centrally located with easy access to Richmond Centre, Richmond Olympic Oval and Steveston Village, Parklane West is also in the sought after Steveston London Secondary School catchment. Professionally measured by PixlWorks.
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I have sold a property at 28 6300 LONDON RD in Richmond.
1 Level townhouse at London Landing's in McKinney Crossing. With a practical layout this well kept 2 bedroom plus den is perfect for young families or those looking to downsize. Both bedrooms have their own private patios. The master bedroom includes a huge walk-in closet! Den can be easily made into a 3rd bedroom. Tucked away along the dyke in south Richmond, this location offers peace and tranquility to those looking to be close to nature. Just minutes by to Steveston Village and Ironwood Shopping Centre. Comes with 2 parking! Professionally measured by PixlWorks.
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One third of BC residents live in a strata home, whether it’s a condo, townhouse, or multi-plex unit.

Strata homes are usually more affordable than their single-family counterparts. They can also lessen the burdens of home ownership, with strata residents sharing responsibilities for things like maintenance, snow shoveling, and security. And while these homes tend to be smaller, they may also have access to amenities like a pool or gym. 

If you’re looking to own a strata home, make sure you’re familiar with related terminology. Here’s a guide to some of those terms.

Strata

In a strata development, the parts created for individual ownership are called “strata lots.” Informally, these lots are referred to as a “strata unit” or a “condominium.” The rest of the development consists of common property. Strata housing can include: condos, townhouses, and multiplexes.

Strata corporation

Strata owners own their individual strata lots...
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Metro Vancouver’s real estate market has been picking up steam since last fall, culminating in record sales and new listing activity last month. In an active market like this, seeking professional advice from a REALTOR® is more important than ever.

With this in mind, the Real Estate Council of BC (Council) and the Office of the Superintendent of Real Estate (OSRE) released a joint statement advising home buyers and sellers to seek professional advice, do their research, and understand the risks involved before buying or selling a home.

Seek professional advice about potential home-buying risks

Today’s market is marked by subject-free offers, intense competition for properties via multiple offers, and properties selling faster than usual. 

Under these conditions, home buyers may feel the need to make quicker and perhaps riskier decisions.

Council and OSRE are advising home buyers...

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