Cell 604.837.5048 | EMAIL julia@juliastauffer.ca |

Are you thinking about Downsizing? Do you have a parent who needs help with the decision?

Join us for a conversation on April 24th at 7pm at the West Vancouver Library

Macdonald Realty & Origin Mortgages present:

Julia Stauffer - A specialist in the emotions of life changes, as a Realtor Julia has researched and written about the intellectual and practical challenges people face when thinking about downsizing.

Joe Cutura - With 15 years of experience in the mortgage industry. Joe prides himself on making financing decisions as straightforward as possible for this clients.

Maryam Badie - Educator, cultural ambassador & passionate realtor, Maryam brings her unique style to presenting you with current state of the real estate market.

CALL 604.767.7460 - REGISTER NOW TO ENSURE YOUR SEAT APRIL 24TH 7PM - WEST VANCOUVER LIBRARY

Read full post

Seascapes – For Homeowners looking to downsize, this beautiful neighbourhood just north of Horseshoe Bay is a hidden gem! With their amazing views of Howe Sound, these lovely spacious townhomes on the mountainside feel like amazing getaways homes, yet are only a 10 minute drive on the highway from downtown West Vancouver and 5 minutes from Caulfeild Shopping Centre. With prices in the $1.3 to $1.6 range they are amazing value for your downsizing dollar.

 

Pasco Road  - Premium West Vancouver waterfront with fantastic Howe Sound views, just minutes from Horseshoe Bay. This private road leads to an enclave of beautiful oceanside homes. Less well known than other West Vancouver neighbourhoods, this street remains a great value. If waterfront, privacy and amazing sunsets are for you, it’s a must see. 

 

Contact me to tour properties currently available in these areas.

 

 

 




Read full post

Join me today Saturday November 12th at 1015 Jefferson Avenue, West Vancouver for an Open House.

This home in a lovely quiet neighbourhood is close to Ridgeview Elementary & West Van High School. Lots of options here - enjoy as is, reno or build. Offered at $2,195,000.

Come by and see it for yourself. Open 2-4pm Saturday & Sunday

 

1015 Jefferson Avenue, West Vancouver

 

Kitchen 1015 Jefferson Avenue, West Vancouver

Read full post

Foreign buyer tax cuts into September sales, tightening of mortgage insurance rules to further drag on market.

Downward sales pressure continued in September and price levels flattened as the shock of the foreign buyer tax and its impact on confi dence worked its way through Metro Vancouver’s housing market. MLS® sales in the combined Metro Vancouver and Abbotsford-Mission area declined about seven per cent from August on a seasonally adjusted basis to 3,800 units, with unadjusted sales down 30 per cent from a year ago. 

The benchmark price eased slightly from August by 0.3 per cent to $829,400, but was unchanged once seasonal factors were adjusted for. The average home price rebounded after an August drop, suggesting signifi cant variations in recent data due to sales composition. While price levels re showing signs of rolling over, the benchmark value was still 30 per cent higher than a year ago with detached and townhome levels leading the gain. 

Weak momentum is expected to extend through a three-to-six-month period as foreign and domestic buyers digest the tax impact and delay purchasing decisions. However, this week’s announcement of plans to tighten mortgage insurance criteria means the malaise can now be expected to deepen over the next few months and extend into mid-2017. 

The details are outlined later in this note, but the key policy measure for households is that eligibility for mortgage insurance on high loan-to-value loans (less than 20 per cent down payment), requires the buyer to qualify at the posted fi veyear fi xed-term rate, which is typically signifi - cantly higher than actual contract rates. While the foreign buyer tax impacted a relatively small part of the market, higher qualifying rates mark a much broader reach into domestic demand that will slow activity at the entry-level and mid-tier   Some buyers will be priced out of the market and remain in rental accommodation for longer, while others will lower their expectations and purchase lower priced homes. October could see some stability in sales as buyers lock in their purchases under previous rules, but this is temporary, as sales will likely decline further. 

The current sales-to-inventory ratio points to a buyers’ market in the detached market, while ratios for apartments and townhomes have declined but in September were still at levels typically associated with a sellers’ market. Declining trends have reflected fewer sales, rather than a supply uplift, as new listings have shown no signs of rising. Weaker market conditions due to the series of recent policy shocks and associated uncertainty are expected to erode the benchmark price index by about fi ve per cent. Lower Mainland MLS® sales are forecast to decline two per cent this year, despite being up 12 per cent through the first three quarters, followed by an annual decline of 10 per cent in 2017. Annual pricing in 2017 will remain close to 2016 levels as prices will rise by mid-year. 

We expect the market to soften but no substantial correction is forecast due to continuation of strong economic conditions and employment growth. Add in income growth, population gains and desire for homeownership will cushion the shock. Lack of employment losses in the economy mean sellers’ can be patient and sit on the sidelines, suggesting a low sales and flat price environment.

 

Full Report:

https://www.central1.com/sites/default/files/uploads/files/analysis_report/report_file/2240%20BC.pdf

 

Source: B.C. Economic Briefing  Volume 22 • Issue 40 • Week of October 3-7 2016 | ISSN: 1981-35 

Bryan Yu Senior Economist, B.C., Central 1 Credit Union 


Read full post

Join me today! Fantastic 2 level, 2 bedroom south facing water view condo in Ambleside - a must see! 

403 - 1485 Duchess Ave, West Vancouver.

Water viewsOpen Living SpaceGreat Building


Main living areas are enhanced by the gorgeous hardwood flooring. The Southside balcony is easily accessed by two sets of glass sliding doors & allows you to enjoy sunsets & cruise ships sailing by while fully under cover, truly an all season balcony space.

Upstairs features a fully renovated 5 piece bathroom with soaker tub. Both bedrooms are Master sized in dimensions. The Mermaid building is conveniently located near the shores of Ambleside beaches, parks, shopping & restaurants. You really don't even need a car in this location, the area has everything you need need on a daily basis. The concrete construction & safe, secure location make this a great building to live in. Bonus 2 car parking if you need it.

Read full post

Check out the latest news including stats for all areas for March 2016. Stories like this one..

Vancouver house prices hitting new highs because of short supply

In a frenzied Vancouver real estate market where eye-popping prices are now as predictable as cherry blossoms in March, the latest sales statistics contain some truly remarkable figures that show just how difficult it has become to buy even a modest condo in the city.

Last month's Multiple Listing Service (MLS) sales data, analyzed by research firm Snapstats, reveals by the end of the month sales of downtown Vancouver condos and townhomes just under $600,000 were dramatically outpacing new listings. The same was true for attached properties at the $700,000 mark on Vancouver's east side. In other words, the pool of available homes is draining faster than it's being replenished.

Read more... (CBC News)


Read full post

The West Vancouver market had 82 sales and 345 active listings for detached homes. The benchmark sale price was $2,659,000 with 47 average days on market. Ambleside with 15 sales was the neighbourhood with the most sales activity.

 

Condo sales were 17 and active listings were 79 at the end of the month. The benchmark sales price was $766,600 with an average days on market of 92. Same as detached homes, Ambleside had the most sales in January at 8.
 

In comparison, townhome market had 6 sales and 8 active listings; the average days on market were 7.
 

Listings are down. Sales are up. It’s a seller’s market.

 

West Vancouver Real Estate Report January 2016

Read full post

The December editon of the Macrealty Market Update is now out.  You can peruse our Luxury Homes Collection Magazine - Winter 2015 digital edition. View the Market updates for North & West Vancouver and get all the latest Real Estate news you need to know, all in one place.

Call (604) 837.5048 or email me (julia@juliastauffer.ca) to get your copy of the monthly edition sent directly to you.

Read full post

In North Vancouver, there were 90 sales of detached homes and 157 active listings at the end of the month. The median sale price was $1,456,750, with an average days on market of 19. All neighbourhoods are in a Seller's market with the exceptions of Lower Lonsdale (balanced) and Calverhall (Buyers).

West Vancouver had 80 sales of detached homes and 419 active listings at the end of the month. The median sale price was $2,687,500, with an average days on market of 53. The British Properties had the most sales in October at 18. The overall market is a balanced market.

The condo/townhome market in North Vancouver featured 98 sales and 295 active listings, with a median sale price of $432,800 and an average days on market of 28.  The neighbourhood of Lower Lonsdale had the most sales activity in the month of October, the overall market of the area is a Seller's market.

West Vancouver's condo/townhome market featured 16 sales, 83 active listings, average days on market 41 and a median sale price of $978,750. Ambleside and Dundarave are the most active in sales. The market is balanced.

 

For full details see here:

Read full post
Categories:   Abra Cadabra | aging parents | amble | Ambleside | ambleside park | Art & Culture | bc | bc real estate | Buying a Condo | Canadian Real Estate | Canyon Heights | Charity | child poverty | Chinese Investors | Chinese Social Media | Cliffside Estates | community events | December 2015 West Vancouver Real Estate Sales | district of west van | donate | down | Downsizing | Evelyn by Onni | Foreign Buyer tax | giving back | Harmony Arts Festival | Home Owner Grant | home owner grant increases | horseshoe bay | howe sound | John lawson park | Julia Stauffer | Lionsgate Bridge views | lower lonsdale | lower lonsdale condos | macdonald realty | Marketing your home in China | Mortgage Advice | mortgage rules | mortgages | Music Festivals | north | North Shore homes | North Vancouver | north vancouver condos | north vancouver home sales | North Vancouver Real Estate | Open House | partial homeowner grant 2016 | real | Real Estate news | Real Estate news, buyers, West Vancouver Real Estate, buying a home | Real Estate North Vancouver | Realtors | Reverse Mortgage Information | selling your home | September Real Estate Sales | snow birds | Summer Festivals | van | vancouver | Vancouver Real Estate | West | West Coast Lifestyles | West Coast Living | west van PD | west vanciuver | West Vancouver | west vancouver activities | West Vancouver Condos | West Vancouver Condos, West Vancouver water front, Dundarave, Ambleside, Bellevue Avenue, West Vancouver seawall Dundarave Pier | West Vancouver Detached Homes | West Vancouver hiking | West Vancouver Homes | West Vancouver Real Easate | West Vancouver Real Esate | West Vancouver Real Estate | West Vancouver Real Estate News | West Vancouver Real Estate Sales | West Vancouver sea | West Vancouver seawall | West Vancouver streets | West Vancouver Townhomes | west vancouver waterfront
Categories