Blog by Mark Longpre

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405 2250 3RD Ave W, Vancouver West, British Columbia

March 30th, 2011

I just finished uploading this Condo for sale, 405 2250 3RD Ave W, Vancouver West, British Columbia

Top floor floor condo in the best location in Kits with spectacular VIEWS. Get the best of both worlds with mountain, city and ocean views to the north as well as two opening skylights & vaulted glass ceiling in the living room bringing in lots of sunshine. Extra large living/dining/open den s ...

PH9 2228 MARSTRAND Ave, Vancouver West, British Columbia

March 30th, 2011

I just finished uploading this Condo for sale, PH9 2228 MARSTRAND Ave, Vancouver West, British Columbia

PENTHOUSE! Rarely available 2 bedroom, 2 bath view penthouse in concrete building in sought after Arbutus Walk neighborhood. Fantastic large entertainment size balcony from living room with SW views overlooking Arbutus Walk Greenway, Connaught Park and beyond as well as well as a second b ...

3208 1495 RICHARDS Street, Vancouver West, British Columbia

March 25th, 2011

I just finished uploading this Condo for sale, 3208 1495 RICHARDS Street, Vancouver West, British Columbia

Rarely available West-facing unit on the 32nd floor. Gorgeous one bedroom suite with a large den (could be 2nd bedroom) AND a flex room. This home offers the best of everything; most efficient floorplan in the bldg, expansive water views, corner exposure with windows on 2 sides, new hard ...

709 501 PACIFIC Street, Vancouver West, British Columbia

March 25th, 2011

I just finished uploading this Condo for sale, 709 501 PACIFIC Street, Vancouver West, British Columbia

This sought after 640 sf floor plan in the "501' boasts a double sided gas fireplace between the bedroom and the living room, large den with sliding door, in suite laundry, BBQ-sized balcony with downtown views, and entertainment designed kitchen, dining and living room layout with view to ...

Mortgage rate forecast

March 24th, 2011

Mortgage Rate Outlook

Mortgage rates have thus far evolved in-line with our December 2010 forecast, with the 5-year fixed rate reaching 5.44 per cent and the 1-year rate hitting 3.50 per cent in mid–February. Mortgage spreads (the difference between a fixed mortgage rate and the yield on Government of Canada bonds) have returned to historically normal levels and we expect these spreads to re ...

February Stats Videocast: Real Estate Board of Vancouver

March 16th, 2011

2 SPRUCE Court, Port Moody, British Columbia

March 16th, 2011

I just finished uploading this House for sale, 2 SPRUCE Court, Port Moody, British Columbia

Beautiful views of Mt Baker and valley from main floor great room. Spacious 3,880sqft home features rich hardwood flooring, granite counters and chefs kitchen complete with a Bertazzoni stove & S/S appliances. Formal dining room and butler' s pantry makes entertaining a dream. Walk out fully finished ba ...

Luxury real estate booming in Vancouver

March 15th, 2011

VANCOUVER — If you think Vancouver’s housing prices are overdue for a major price adjustment, tell that to the surging number of luxury home buyers.

According to MLS statistics provided by Macdonald Realty, a record 375 homes — including nearly 50 condos — sold for over $3-million in 2010, breaking the record of 209 set in 2009 and more than double the 167 sold in 2008.

Of those, 73 home ...

RBC cuts mortgage rates

March 15th, 2011

The Royal Bank of Canada slashed residential mortgage rates by as much as 20 basis points on several of its offerings Tuesday.

 

The bank's special closed four- and five-year fixed rate offers have both been cut to 4.19%, a 15 bps and 10 bps change respectively. The special seven-year closed mortgage has been cut to 5.10%, down 20 bps.

 

Meanwhile, the four-, five-, seven- and 10-year f ...

Vancouver leads BC housing market

March 14th, 2011

Vancouver, BC – March 14, 2011. The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 5 per cent in February from January 2011, on a seasonally adjusted basis. Compared to February of 2010, MLS® residential unit sales increased 8 per cent to 6,410 units. The average MLS® residential price rose 18 per cent t ...

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