Tuesday, April 27, 2010

Neon Lights... Glimmering Neon LIghts

Neon Signs Bring New Light to East Vancouver

Saveonmeats BabysinblackIn the 1950s, Vancouver was home to the largest neon company in the world and had 18,000 neon signs, equalling one for every 19 residents. Vancouver was second only to Shanghai in neon per capita and, at that time, Vancouver was considered by airline pilots to be the brightest city in North America.

Today, neon is making a comeback. A new 45-foot neon "Chinatown" sign, commissioned by the City of Vancouver, stands at the corner of Keefer and Quebec streets and is poised to become a new landmark for Vancouver’s historic Chinese quarter.

The "East Van" cross, installed in January at East Sixth Avenue and Clark Drive in East Vancouver, is a 55-foot tall steel and aluminum cross lit by LED lights with "East" running vertical and "Van" running horizontal. Created by Vancouver artist Ken Lum, it is a reference to the iconic East Vancouver insignia that has been used to define the neighbourhood for decades.

Those driving over the Georgia viaduct now see the phrase "EVERYTHING IS GOING TO BE ALRIGHT" emblazed in neon on a Chinatown rooftop. This piece, by British artist Martin Creed, was installed in August 2009 by a local developer and art collector and has elicited confusion, speculation and commentary among Vancouverites ever since.

As part of the City of Vancouver’s plan to refurbish original neon signs, the historic Pennsylvania Hotel (412 Carrall Street) had its sign updated in early 2009 and a new sign at the Rainier Hotel (309 Carrall Street), is currently under construction. Among the original heritage signs still visible on Vancouver streets are the Ovaltine Cafe (251 East Hastings Street), Save On Meats (43 West Hastings Street), Only Seafood Restaurant (20 East Hastings Street), and the 2400 Court Motel (2400 Kingsway, Burnaby).
 
Courtesy of Tourism Vancouver
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Tuesday, April 27, 2010

New property listed in Downtown VW, Vancouver West

Property Photo: 2202 788 HAMILTON ST in Vancouver
We are proud to have listed a new property at 2202 788 HAMILTON ST in Vancouver.
Spacious 1 bedroom & den with balcony! Fabulous SW view of False Creek, Sip lattes in the most stylish cafes & dine in the city's best restaurants in the middle of Vancouver's lively Downtown core at the edge of Yaletown. Solid concrete, expansive glass, cutting-edge architecture, the definition of sleek metropolitan design. Concierge service, secured underground parking & state-of-the-art video controlled entry system; relax knowing your home is safe & secure. Modern finishes, white cabinetry, brushed stainless appliances, laminate countertops contemporary kitchens with stainless backsplashes & ceramic glass cook-tops, soaker tubs & chic lighting fixtures. Investors this will rent for over $1,500/per month.
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Saturday, April 17, 2010

I have sold a property at PH11 688 East 17th AVE in Vancouver

We are pleased to have sold a property at PH11 688 East 17th AVE in Vancouver.

Look no Further - The Mondella - Nearly new 2 bed plus flex space in terrific location; Fashionable Main St. is just a walk away.  Perfect for urban couples, singles or young families.  Pets and rentals allowed w/restrictions for those of you looking to invest in a great area! Convenient location allows for D/T access in minutes even by transit. Balance of 2/5/10 warranty means lower maint. fees and no worries. Owner chose ‘upgrades’ instead of ‘standard’ package. Loads of natural light, nine foot ceilings, skylight, granite counter tops and SS appliances make it large AND shiny! West facing patio on quiet side of building perfect for sunsets and BBQ’s!

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Friday, April 16, 2010

I have sold a property at PH11 688 17TH AVE E in Vancouver

Property Photo: PH11 688 17TH AVE E in Vancouver
We are pleased to have sold a property at PH11 688 17TH AVE E in Vancouver.
Look no Further - The Mondella - Nearly new 2 bed plus den Penthouse in terrific location: Fashionable Main St., is just a walk away. Perfect for urban couples, singles or young families. Pets and rentals ($1800/month) allowed for those ofyou looking to invest in a great area! Convenient location allows for downtown access in minutes even by transit. Balance of 2/5/10 warranty means no worries and low maint. fees. Owner chose "upgrades" instead of "standard" package. Loads of natural light, nine foot ceilings, skylight, granite counter tops and S/S appliances make it large AND shiny! Large West facing patio on quiet side of building perfect for sunsets and BBQ's.
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Wednesday, April 7, 2010

Metro Vancouver Real Estate Statistics March 2010

Home listings rise to start the spring season

  

A steady influx of new listings has helped create a balanced 'typical spring' housing market in the Greater Vancouver region.
 
The Real Estate Board of Greater Vancouver (REBGV) reports that new listings for detached, attached and apartment properties in Greater Vancouver totalled 7,004 in March 2010. This represents a 60 per cent increase compared to March 2009 when 4,385 new units were listed, and a 52.1 per cent increase compared to February 2010 when 4,606 properties were listed on the Multiple Listing Service® (MLS®).

At 13,538, the total number of property listings on the Multiple Listing Service (MLS®) increased 19 per cent in March compared to last month, but remains 7.6 per cent below this time last year.

“The total number of homes listed for sale on our MLS® is at its highest level in 10 months, which translates into more options and variety for those looking to buy during the traditionally busy spring period,” Jake Moldowan, REBGV president said.

Residential property sales in Greater Vancouver reached 3,137 in March 2010, a 38.5 per cent increase compared to March 2009, a 4.7 per cent increase over March 2008, and a 12.4 per cent decrease compared to March 2007. The current figure also represents a 26.8 per cent increase compared to the 2,473 sales recorded in February 2010.

“With a sales-to-listing ratio of 23 per cent, we see a healthy balance between buyer demand and seller supply in the marketplace,” Moldowan said.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 20.3 per cent to $584,435 from $485,845 in March 2009. This price is 2.8 per cent above the previous high point in the market in May 2008 when the residential benchmark price sat at $568,411.

Sales of detached properties in March 2010 reached 1,336, an increase of 49 per cent from the 897 detached sales recorded in March 2009 and a 19.7 per cent increase from the 1,116 units sold in March 2008. The benchmark price for detached properties increased 23.3 per cent from March 2009 to $800,341, but declined 0.6 per cent compared to last month when the benchmark price was $800,796.

Sales of apartment properties in March 2010 reached 1,252, an increase of 28.3 per cent compared to the 976 sales in March 2009 and a decline of 8.6 per cent compared to the 1,370 sales in March 2008.The benchmark price of an apartment property increased 17.3 per cent from March 2009 to $395,507 and is up 1.2 per cent compared to last month when the benchmark price was $390,899.

Attached property sales in March 2010 totalled 549, an increase of 40.1 per cent compared to the 392 sales in March 2009 and a 7.4 per cent increase from the 511 attached properties sold in March 2008. The benchmark price of an attached unit increased 17.3 per cent between March 2009 and 2010 to $493,263, but declined 0.5 per cent compared to last month when the benchmark price was $495,496.

Download the complete stats package by clicking here.

For more information, contact us: HudsonHomeTeam.com

 

 

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Wednesday, April 7, 2010

Fraser Valley Real Estate Statistics March 2010

BUYER’S MARKET CONTINUES IN FRASER VALLEY
 
April 6, 2010  (Surrey, BC) – With plenty of selection and relatively modest price increases, buyers are enjoying a healthy spring market in the Fraser Valley. The Board’s Multiple Listing Service® (MLS®) recorded 1,565 sales in March, an increase of 30 per cent over February’s sales and an increase of 56 per cent over the 1,006 sales processed March of last year.
 
Deanna Horn, president of the Board says, “March sales volumes can fluctuate as much as the weather, and this year’s reached the mid-point between the highs and lows seen over the last decade.
 
“However, available listings were near the peak, meaning buyers had lots to choose from and were clearly taking advantage of great buying opportunities.”
 
There were 3,395 new listings entered onto the MLS® in March, slightly higher than in March 2009, when 3,028 new listings were added. Altogether, there were 9,828 active listings on the MLS® at the end of March, on par with the 9,832 active listings one year ago.
 
The ratio of sales compared to active listings, which indicates the type of market, reached 16 per cent in March, representing a buyer’s market. This is up from last year’s 10 per cent but a far cry from the 25 per cent ratio in March 2007, when the Fraser Valley was in a seller’s market.
 
“Prices are closing in on the record highs we last saw in spring 2008, so it’s no surprise to see the increase in listings as sellers position themselves to move up or downsize into a smaller residence using their home equity for their purchase.”
 
In March, the benchmark price for Fraser Valley detached homes was $514,787, an increase of 11.9 per cent from the March 2009 price of $459,841.
 
The benchmark price of Fraser Valley townhouses in March was $326,307, a 10.3 per cent increase compared to $295,809 in March 2009. The benchmark price of apartments increased by 8.6 per cent year-over-year going from $227,188 in March 2009 to $246,673 in March 2010.
 
 

For more information, contact us: HudsonHomeTeam.com

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Sunday, April 4, 2010

Open House. OPEN HOUSE: Saturday April 3rd 2 - 4pm

Property Photo: PH11 688 17TH AVE E in Vancouver
Please visit our Open House at PH11 688 17TH AVE E in Vancouver.
OPEN HOUSE: Saturday April 3rd 2 - 4pm
Look no Further - The Mondella - Nearly new 2 bed plus den Penthouse in terrific location: Fashionable Main St., is just a walk away. Perfect for urban couples, singles or young families. Pets and rentals ($1800/month) allowed for those ofyou looking to invest in a great area! Convenient location allows for downtown access in minutes even by transit. Balance of 2/5/10 warranty means no worries and low maint. fees. Owner chose "upgrades" instead of "standard" package. Loads of natural light, nine foot ceilings, skylight, granite counter tops and S/S appliances make it large AND shiny! Large West facing patio on quiet side of building perfect for sunsets and BBQ's.
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Saturday, April 3, 2010

New property listed in Fraser VE, Vancouver East

Property Photo: PH11 688 East 17th AVE in Vancouver
We are proud to have listed a new property at PH11 688 East 17th AVE in Vancouver.

Look no Further - The Mondella - Nearly new 2 bed plus flex space in terrific location; Fashionable Main St. is just a walk away.  Perfect for urban couples, singles or young families.  Pets and rentals allowed w/restrictions for those of you looking to invest in a great area! Convenient location allows for D/T access in minutes even by transit. Balance of 2/5/10 warranty means lower maint. fees and no worries. Owner chose ‘upgrades’ instead of ‘standard’ package. Loads of natural light, nine foot ceilings, skylight, granite counter tops and SS appliances make it large AND shiny! West facing patio on quiet side of building perfect for sunsets and BBQ’s!

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Saturday, April 3, 2010

Open House. OPEN HOUSE: Saturday 2 - 4pm

Property Photo: PH11 688 East 17th AVE in Vancouver
Please visit our Open House at PH11 688 East 17th AVE in Vancouver.
OPEN HOUSE: Saturday 2 - 4pm

Look no Further - The Mondella - Nearly new 2 bed plus flex space in terrific location; Fashionable Main St. is just a walk away.  Perfect for urban couples, singles or young families.  Pets and rentals allowed w/restrictions for those of you looking to invest in a great area! Convenient location allows for D/T access in minutes even by transit. Balance of 2/5/10 warranty means lower maint. fees and no worries. Owner chose ‘upgrades’ instead of ‘standard’ package. Loads of natural light, nine foot ceilings, skylight, granite counter tops and SS appliances make it large AND shiny! West facing patio on quiet side of building perfect for sunsets and BBQ’s!

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Thursday, April 1, 2010

Open House. OPEN HOUSE: Thursday Sneak-Peak 5 - 6pm

Please visit our Open House at PH11 688 East 17th AVE in Vancouver.
OPEN HOUSE: Thursday Sneak-Peak 5 - 6pm

Look no Further - The Mondella - Nearly new 2 bed plus den in terrific location; Fashionable Main St. is just a walk away.  Perfect for urban couples, singles or young families.  Pets and rentals allowed for those of you looking to invest in a great area! Convenient location allows for D/T access in minutes even by transit. Balance of 2/5/10 warranty means low maint. fees and no worries. Owner chose ‘upgrades’ instead of ‘standard’ package. Loads of natural light, nine foot ceilings, skylight, granite counter tops and SS appliances make it large AND shiny! West facing patio on quiet side of building perfect for sunsets and BBQ’s!

Read Full Story
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