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Blog by Chris Christensen

Upcoming Open House at 2226 Inglewood Avenue, West Vancouver

May 11th, 2012
There is an open house this Sunday May 13, 2012 from 2pm to 4pm for my listing at 2226 Inglewood Avenue in West Vancouver.  This property is full of development potential with a perfectly flat lot and south facing view.  See the video below for a preview of this beautiful property:



Property Full of Development Potential

April 25th, 2012
Blog - 2226 Inglewood AvenueI just listed a home at 2226 Inglewood Avenue in West Vancouver.  The home is situated in the heart of Dundarave on a perfectly flat lot with private south facing rear yard. The upper floor boasts a panoramic ocean view, while the front of the home faces the North Shore Mountains.

The home is a short walk to elementary and secondary schools, the community center, Dundarave Village and beache ...

The Truth about Five-Year Fixed Mortgages at 2.99%

April 3rd, 2012
Blog - GraphJust when five-year mortgages couldn't drop any further, Bank of Montreal offered a 2.99% five-year fixed mortgage earlier this year.  As a result, a number of other financial institutions were forced to follow suit.

However, the competitive frenzy couldn't last as pressure on funding costs rose and already tight profit margins were squeezed further. The truth is most of these mortgages were ...

February 2012 Greater Vancouver Real Estate Stats

March 14th, 2012
Take a look at the latest Greater Vancouver Real Estate Stats Video below:


While this video is not specific to the North Shore (see my previous blog "February 2012 Real Estate Benchmark Summaries" for some West Vancouver and North Vancouver statistics), it does give a general overview of real estate activity. 

The sales to active listings ratio referred to in the video is simply the perce ...

February 2012 Real Estate Benchmark Summaries

March 7th, 2012
I've included the latest real estate summary reports for North Vancouver and West Vancouver. This useful information from the Real Estate Board of Greater Vancouver (REBGV) is handy in that it separates the community into the individual neighbourhoods and allows property owners and potential purchasers to directly compare areas.

WEST VANCOUVER

REBGV - Feb 2012 - Benchmark Summary - West Van

NORTH VANCOUVER


REBGV - Feb 2012 - Benchmark Summary - North Van

The Home Price Index (HPI) ...

Federal Finance Minister May Tighten Mortgage Rules (Again!)

February 17th, 2012
Last year, Federal Finance Minister Jim Flaherty imposed stricter rules on mortgages reducing the maximum amortization period for insured mortgages to 30 from 35 years. 

In 2010, he changed rules for government-insured mortgages so that borrowers with less than a 20% down payment had to meet requirements for a five year fixed mortgage even if they wanted a variable mortgage.  Also, borrowers ...

Be Prepared for Property Assessment Shock

January 10th, 2012
Happy New Year!
 
Get ready to receive your property assessment - you might be in for a shock. Property owners will be receiving their 2012 assessment notices over the next few days.
 
North Vancouver, District (Lynn Valley Detached) has increased 4% over 2011 while West Vancouver (Ambleside, Detached) has increased, get ready for it, 28.3%!  
 
Don’t feel too bad, Vancouver (West Side Detach ...

Average Real Estate Prices Over 35 Years

December 15th, 2011
Average Price Chart - November 2011


TSX - November 2011

I’ve attached a graph of average real estate prices in Greater Vancouver, as well as the S&P/TSX Composite Index over an approximate 35 year period. It’s interesting to compare the two.

For example, it took detached homes almost a decade to return to the average sale prices of the early 80’s, while the stock market enjoyed relatively positive returns throughout most of the 80’s.

Conve ...

CHRIS CHRISTENSEN

2397 Marine Drive

West Vancouver, BC

V7V 1K9

chris@chrischristensen.ca

Direct: 604-807-3117

Office: 604-925-2911

About Chris

I am a long term resident of West Vancouver. My wife and I have two sons and reside in the wonderful community of Eagle Harbour.

Your home provides you and your family with comfort and stability but is also a significant investment. With 20 years experience as an Investment Advisor to high net worth clients, I bring in-depth knowledge and sound real estate advice to purchasers and sellers of North Shore real estate. As a natural and experienced negotiator, I work diligently to ensure maximum value and unparalleled client service.

If you are considering a purchase or sale of property in West Vancouver or North Vancouver please feel free to contact me directly.

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