Welcome to Our site

Realestate

Vancouver's stable economy and population growth have placed in the top of a list of places around the country in which to invest in real estate. There are several locations in Vancouver, which seem to be spots of choice for investors, due to several factors contribute. Vancouver, like many other places, has seen an increase in prices and sales volume in 2009. This causes many buyers to wonder whether this trend will continue through 2010 as well. This article discusses the prevailing trends in real estate in Vancouver, and the projected trend for the whole of 2010.

In 2009, the average price per square foot of real estate in Vancouver was $ 165, and this was 10.7% compared to 2008. The average home sales price increased by 0.6% in 2009, while the actual number of home sales fell a whopping 96.5%. With regard to home sales, real estate in Vancouver there was a fall of 5.3% over the quoted price of these in 2010 as compared to 2009.

The trends vary from year to year. As there are many factors contributing to changes in prices and sales volumes, it is not easy to predict what this year will bring. However, there are seven factors that influence these trends, and these can be analyzed to predict what 2010 has real estate in Vancouver. These factors are:

- Consumer sentiment and emotion.
- Expanding the population of Vancouver and projections.
- Supply and demand in the resale market in Vancouver 2010.
- Economic Fundamentals of Vancouver in 2010 and beyond.
- Supply and demand in 2010 in Vancouver presales.
- Mortgage rates.
- BC Harmonized Sales Tax.

Commercial Real Estate Investing

"The most important things in the world have been carried out by people who have kept on trying when it seemed that does not help at all". - Dale Carnegie

Over the years you learn some "tricks" of trade in negotiating the purchase of a commercial real estate property. Some may refer to them as "plans", but that is an inference of something not quite kosher, so we simply call this a negotiation strategy.

Say you have your eye on a large commercial property that works for your investment goals. You approach the owner and work through negotiations to buy the property, but in vain. You are too far in price, terms, etc. and may even be another offer on the property at the time.