Vancouver Housing: An Exclusive Vancouver Real Estate Infographic

Real Estate in Vancouver is one the prestigious industry in the world. Many real estate tycoons invests millions of dollars in residential as well as commercial space in the city.

Well, Vancouver has been declared as the third most livable city in the world and top in Canada. Which is why, real estate prices in the city is shooting up like a rocket. One might be interested in knowing the most expensive areas of the city. VancouverResidence.com presents an infographic (IG) about Vancouver City, its expensive areas, most expensive suites a person dreams about with a checklist for buyers which can be considered while buying real estate in Vancouver. Have a look:

The IG also throws light on standard lease/rent agreements signed in Vancouver along with the type of space (residential as well as commercial) rated on the scale of expensiveness.

Don't forget to share your thoughts on the IG.

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Stage your Home to Sell it Off Quickly

Selling a home in the current economic times can be difficult, but it is not impossible though. If you are considering selling your home, home staging can make a lot of difference to the selling prospects of your property.

 Home staging is basically the process of preparing a home for sale. It involves improving the curb appeal of a home so as to impress the prospective buyers. The process of home staging involves making a home for sale meet the expectations and ideas of the buyers. When you hire experts or you carry the task of home staging on your own, you are actually making it the dream home that buyers are looking to buy.
Home staging may involve one or most of the following things:

1. Painting the interiors of the home.
2. Changing the flooring.
3. Adding new furniture and furnishings.
4. Adding wall art, paintings, and other home décor items.
5. Improving garden, pool, patio, and outdoor living space.
6. Enhancing the practicality of the home for sale. 

Statistics prove that homes that are stages sell 2-3 times faster and at almost 10% higher value than those that are not staged. So, do not forget home staging if you want to sell your home quickly.

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5 Critical Steps for Buying Your Own Home

A home is going to be most probably the biggest financial decision and investment that you will make in your life. You will certainly want things to go smoothly and correctly.

Here are 5 critical steps that make the otherwise complicated and daunting process of home buying simple and easy for home buyers.

1. Deciding the budget is the first crucial step for buying a home. You must know how much you can afford to buy a flat, or a bungalow, or a villa. 
2. The second step is arranging for the finances. You may have to liquidate your savings, take a home loan, or ask friends and family for financial help.
3. The next step is the most exciting part of buying a home. It involves looking for various homes for sale in Vancouver or any other place that you are living in. When looking at homes for sale, you must consider the house itself and the neighbourhood.
4. The forth step is equally important. You need to consider the practicality, as well as the aesthetics of the home for sale. There is no doubt that the home that you buy must be beautiful to look at. But it should be low on maintenance, safe and secure to live, and should support your individual lifestyle.
5. The fifth and the final step involved in buying a house is making an offer. You must utilize your negotiation skills to crack the deal in your favour. Do not rush. Check out several properties and compare their rates thoroughly before you zero down on any particular home for sale.

Enjoy the process of buying a home!!

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Foreign Investment in Vancouver’s Real Estate Market

According to a report published by sothebysrealty.ca, foreign buyers account for as much of 40% of the luxury single family home market in Greater Vancouver, BC. The major player is China but numbers from Iran and United States are in surge.

It has been found that a luxury home in Vancouver, in an area of around 3500 sq. ft. costs $2.8 million in Vancouver Real Estate Market (on an average) as compared to $2 million of Toronto and Calgary and $3.5 in Montreal. Also, the locality plays a crucial role in prices. The same home can cost up to $4 million in West Side.

The following infographic says a lot about it:

Source:http://www.rew.ca/news/foreign-investment-in-vancouver

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Vancouver Homes – What Makes Them a Perfect Abode?

Vancouver is located in British Columbia and is well-known as one of Canada's most beautiful cities. The city offers a lot of recreational activities and options. It also has several places that display a wide range of fun and social activities. Considering Vancouver homes for sale with the guidance of a renowned real estate agent, Lorne Goldman is definitely a good idea because along with recreational fun and activities, the city is also known for the following:

Culture: Vancouver has merger in itself a wide range of ethnic groups that have brought with them a lively, vibrant and distinct aggregation of wonderful cuisines, elegant heritage and artwork.

 Beautiful Homes: Homes in Vancouver can be rightly described as more than just beautiful they are just wonderful. Surrounded by the beautiful views of both the mountains and the oceans, several homes in the downtown offer stunning and picturesque views of the famed Stanley Park in Vancouver.

Amazing People: To find the friendliest people on the earth - come to Vancouver. They are just amazing, so supporting, kind and always eager to help you. Thus, you will not take a long time to blend in with your neighborhood if you are thinking to buy a home in Vancouver.

Exciting Shopping Options: The city has become a most happening hub of some of the best shopping outlets in the entire Canada. You can find an amazing fashion district in Vancouver that is known for its exciting arts culture. You can easily shop for your favorite brands in the luxurious malls in the city.

The scenic beauty: Once you are in Vancouver, you will positively realize that you are in the most beautiful and scenic city in the world. You will surely enjoy and treasure the picturesque oceans, mountains, beautiful and green forests and parks in the city.

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Home Buying in Vancouver Real Estate - Some Points to Consider

Once you have made the big decision to buy your own house in Vancouver real estate sector, your family will naturally be excited. In all the excitement, don't forget to consider important considerations when you plan to buy a house to take the right decision.

Especially, if you are a first time home buyer, you might face a tough time in finding a home of your choice and budget. This is due to the lack of sufficient knowledge about the Vancouver real estate market that can lead to confusion and stress thus compelling you to take wrong decisions. By taking into account, a few things before you buy your first house in BC real estate Canada you can be successful in your achieving your desired goal.

A look at various aspects that cannot be ignored if you are planning to buy a property in Vancouver:

Home Specifications and Requirements: Start the whole process of home hunting by considering your home buying needs, specifications and requirements. This will aid you in narrowing down your search in Vancouver real estate listings. There are a number of houses available for sale in Vancouver that offers exclusive facilities, neighborhood and amenities; simply, plan as per your budget and your home requirement. If you do not conduct a proper planning prior to hunting of a new home, you may get confused and lose a lot of time and energy searching for a good deal.

Search for a good real estate company in Vancouver: The next step is to search for a good real estate company that has sound experience in Vancouver real estate sector. These experts possess adequate knowledge of the neighborhood, homes and apartments available for sale in Vancouver. They will make your search hassle-free by assisting you in house searching from beginning to end. Just disclose your home buying budget & home specifications and leave the rest to them. The company will also keep you updated regarding the current condition prevailing in the market of BC real estate in Canada.

Locate a good realtor: Locating a good realtor is another crucial step toward buying your dream property in Vancouver. Realtor’s job is to provide you with necessary house buying tips. Make sure to tell the chosen realtor all about your house specifications and budget so that he comprehends what you are looking for. You can also mention your preferences related to the locality and neighborhood. Always make it clear that you don't want to consider those houses that are out of your budget. By doing this, you can save a lot of your time in unnecessary moving from one property to another. Realtors also have a fair idea about the financial institutions that lend money for home buying.

Vancouver offers a lot when it comes to luxurious homes, thus, you have to wait for the right opportunity to avail the best property deal. Vancouver’s most successful real estate agent, Lorne Goldman can also guide you with negotiations and paper work involved in house purchasing.

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Greater Vancouver Housing Market is Improving

According to a press release issued by Real Estate Board of Grater Vancouver (REBGV), the real estate market in Vancouver city is showing signals of improvement. The prestigious organization reports that the sale of residential property has reached to 2882 Multiple Listing Service (MLS) in May 2013 as compared to 2853 sales recorded in the past month. When compared with the data of last year, the sales remain low but Real Estate Analysts in Vancouver are still optimistic about the growth.


The total number of properties currently listed for sale on the MLS® in Greater Vancouver is 17,222, a 3.4 per cent low when compared to May 2012 and a 2.9 per cent high as compared to April 2013.

The Real Estate industry is a key economic driver in British Columbia. In 2012, 25,032 homes changed ownership in the Board’s area generating $1.07 billion in economic spin-off activity and creating an estimated 7,125 jobs.

Source: http://www.rebgv.org/news-statistics/spring-months-bring-balance-greater-vancouver-housing-market

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