Housing Sales Climbing Across Province
By 250 News
Monday, July 13, 2009 09:39 AM
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province rose 40 per cent to 9,970 units in June 2009 compared to the same month last year.
Activity in the month of June marked the fifth consecutive month of rising sales and the highest level of activity since January 2008, on a seasonally adjusted basis.
"Housing markets around BC continued to post higher sales in June, fuelled by attractive mortgage rates and lower prices,” said Bryan Yu, BCREA Economist. “The larger urban regions of Greater Vancouver and Victoria exhibited balanced market conditions in June, while others have recorded improved market stability. Stronger demand and a decline in home listings are stabilizing home prices in many BC markets."
Year-to-date, MLS® residential sales dollar volume was down 20 per cent to $16.3 billion over the same period last year. A total of 36,329 units were sold in the first six months of 2009, down 15 per cent from 2008, while the average MLS® price declined 5 per cent to $448,381.
Monday, July 13, 2009
Thursday, April 30, 2009
Landlord Help?!
I just came across what appears to be a fantastic service to help landlords in BC. I had an investor client that mentioned he used their services and has been a very big help.
ROMS BC is:
ROMS BC is:
Dedicated to providing services, products and representation to help our members suceed as rental owners, ROMS BC serves and represents 2,000 members who collectively manage over 45,000 residential rental units throughout British Columbia. Our Members benefit from a broad range of services including:
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-residential rental insurance program, designed exclusively for ROMS BC Members
-lobbying to all levels of government
Give them a call to find out more at 1-888-330-6707 or Click Here for the website.
Hope this helps.
Cheers
Dean Birks
Wednesday, April 22, 2009
2 New Bio-Energy Plants for Prince George BC
This is great news for Prince George. These two new Bio Energy plants will use wood waste. The P.G. Interior Waste to Energy group said today they plan to start construction on a $50 million bioenergy project in early May. The project is expected to create 70 jobs, producing electricty to heat 7,000 homes, as well as other products like bio-energy and bio-oil.
"This is an example of the new forestry sector" says Liberal candidate for Prince George-Mackenzie Pat Bell, "The plant will also produce an activated charcoal that can be used in water filters and in the automotive paint industry. It also produces light and heavy oils. The light oil can be used as bio-diesel and the heavy oil has other applications.""This is an example of the new forestry sector" says Liberal candidate for Prince George-Mackenzie Pat Bell, "The plant will also produce an activated charcoal that can be used in water filters and in the automotive paint industry. It also produces light and heavy oils. The light oil can be used as bio-diesel and the heavy oil has other applications."
Click here for the full story.
Cheers
Dean Birks
"This is an example of the new forestry sector" says Liberal candidate for Prince George-Mackenzie Pat Bell, "The plant will also produce an activated charcoal that can be used in water filters and in the automotive paint industry. It also produces light and heavy oils. The light oil can be used as bio-diesel and the heavy oil has other applications.""This is an example of the new forestry sector" says Liberal candidate for Prince George-Mackenzie Pat Bell, "The plant will also produce an activated charcoal that can be used in water filters and in the automotive paint industry. It also produces light and heavy oils. The light oil can be used as bio-diesel and the heavy oil has other applications."
Click here for the full story.
Cheers
Dean Birks
Monday, April 20, 2009
Market has picked up in last few weeks
The Prince George Real Estate market has picked up with very low inventory for homes under $250,000 range. I have even been involved in multiple offers in the last week which has not occurred much since last summer.
Revenue property is low as well but I am aware of some very good ones coming on the market in the next week or so which has good cash flow.
The tolerance of buyers looking for fixer uppers has gone but a good home or property renovated well and ready to go seems to be selling well.
Plus the low interest rates combined with the reduced prices makes for another great opportunity. Prince George is very well positioned to move and carry on up as the economy moves forward.
For a list of revenue investment properties either duplexs or homes with suites just visit www.DeanBirks.com and send me a request and I will email a list to you.
Cheers
Dean Birks
Revenue property is low as well but I am aware of some very good ones coming on the market in the next week or so which has good cash flow.
The tolerance of buyers looking for fixer uppers has gone but a good home or property renovated well and ready to go seems to be selling well.
Plus the low interest rates combined with the reduced prices makes for another great opportunity. Prince George is very well positioned to move and carry on up as the economy moves forward.
For a list of revenue investment properties either duplexs or homes with suites just visit www.DeanBirks.com and send me a request and I will email a list to you.
Cheers
Dean Birks
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