William (Bill) Dow, (www.williamdow.com) : Blog

4579 FRASER Street, Vancouver East, British Columbia

William (Bill) Dow, — Tue, 19 Apr 2011 03:22:53 -0700

I just finished uploading this House for sale, 4579 FRASER Street, Vancouver East, British Columbia

LOCATION, Location, Location, BUILDERS ALERT. Priced at Land Value. Zoned Duplex RT-2. BUILD STRATA DUPLEX or single family with basement suite. Opposite from New Century Shopping Mall, Fraser/30th with SHOPPERS Drugs, NO FRILLS Food Market, STAR BUCKS, BANK and more conveniences like: On Bus Route, schools, parks and close to Downtown Vancouver. Great location, great buy. Currently modest basement bungalow, HW floor LR, MASTER BDRM. In addition 1 BDRM basement and also room at rear main floor ban be BDRM or den. Kitchen no updates, original. Has sundeck at rear facing West overlooking rear yard and veggie garden area. Storage are for garden equipment or other stuff.

4579 Fraser St, Vancouver, BC

William (Bill) Dow, — Tue, 19 Apr 2011 00:00:00 -0700

I just finished uploading this House for sale, 4579 Fraser St, Vancouver, BC

Location, Location, Location. BUILDERS ALERT. Duplex zoned RT-2. Possible to build Strata or single family home with basement suite or hold and build later. Across the steet from new Regency Shopping Mall, Shoppers Drugs, No Frills Food Store, Starbucks, Bank and etc. On bus route. Modest basement bungalow. H/W floor LR BR, orignial kitchen type, sundeck overlooking great rear yard & veggie garden area. Rear room usable as den or bedroom also 1 BR basement. Storage at rear.

Metro Vancouver Hot

William (Bill) Dow, — Tue, 15 Feb 2011 00:00:00 -0800

According to the B.C. Real Estate Association report, the average price of a Metro Vancouver home rose 14.1 per-cent in 2010. Published January 14, 2010 Vancouver Sun Paper.
More striking comparing the average price in December 2010 and December 2009. In Greater Vancouver the average price was up 11.7 per-cent to $701.000, while the average price rose 5.7 per-cent in BC to $524,000.

B.C. economy watch: Looking ahead

William (Bill) Dow, — Wed, 26 Jan 2011 00:00:00 -0800

January 26, 2011
More than a year into its recovery, British Columbia's economy has recovered much of the ground lost during the recession of 2008-09. However, the rebound that began in late 2009 and carried into 2010 slowed over the second half of last year, with the economy downshifting to a more tepid growth trajactory as 2011 begins. Even Canada, for all its advantages, is poised for some de-leveraging, particularly by households, which are carrying a record high level of debt relative to thier disposable income: 148 per cent. Recent steps by the federal government to tighten mortgage lending signal that policy-makers are worried about the volume of credit extended to the household sector. With many consumers pulling back and exports expected to struggle in the face of a sky-high dollar, Canada's economy is likely to disappoint in 2011, with real GDP growth slipping below last year's p;ace before picking up in 2012, so stated by Vancouve Sun issues and ideas.

B.C.' GROWTH 2011 STRONGER

William (Bill) Dow, — Fri, 14 Jan 2011 00:00:00 -0800

B.C.'S growth in 2011 to be stronger than expected, Central 1 predicts.
According to the report, the B.C. economy grew by 3.6 per cent in 2010.
STATED THAT B.C. will see growth of about three percent annually over the next three years, according to an economic forecast released Thursday by Central 1 Credit Union. The report concluded that the B.C. economy would grow more quickly than expected in 2011, with real GDP (gross domestic product) expanding 2.9 per cent this year, up from the 2.4 per cent forecast a few months ago. "The unemployment rate will remain higher this year, but decline more noticeable in 2012 and 2013. Govenment spending is expected to decline in 2012 and 2013 as economic stimulus programs end and efforts continue to reduce the deficit. (etc) Reported by Vancouver Sun, Friday January 14, 2011

Housing Starts Rebound

William (Bill) Dow, — Sat, 13 Nov 2010 00:00:00 -0800

AFTER TWO CONSECUTIVE MONTHLY INCREASE, SEASONALLY ADJUSTD HOUSING STARTS IN B.C. DROPPED 7.4 PER CENT IN OCTOBER TO AN ANNUALIZED PACE OF 27,500 UNITS REPORTED BY VANCOUVE SUN PAPER.
October's decline was led by weaker starts in urban areas, where starts fell nine per cent from September, reflecting an 11-per-cent drop in the multiple-family market and a 4.9-per-cent pullback in single-detached housing.

Despite the significant decline last month, the upward, but uneven, post-recession trend in multiple-family starts continues. In contrast, single-detached starts are extending a declining trend that began in early 2010.
HOUSING starts are forecast to trend higher in 2011, particularly in the multiple-family sector. LOW MORTGAGE RATES ALONG WITH HIGHER EMPLOYMENT, POPULATION AND INCOMES ARE EXPECTED TO PUSH THE RESALE HOUSING DEMAND HIGHER, WHICH WILL DRIVE UP HOUSING CONSTRUCTION. STARTS ARE FORCAST TO RISE 6.4 PER CENTIN 2011 TO 27,600 UNITS AND A FURTHER 14 PER CENT IN 2012.

Market Continues to Heat Up

William (Bill) Dow, — Tue, 01 Jun 2010 06:01:00 -0700

The market continues to heat up. CALL FOR A COMPLIMENTARY MARKET ANALYSIS OF YOUR PROPERTIES.
HARMONIZED SALE TAX DEADLINE JULY 1 2010.

A new forcast that resale house prices would rise 5.4 per cent this 2010 year to a record average $537,500. as sales increase more than 13 percent from last year to also hit a record at 537,300.