Richmond Condo Market – March 2017

April 18, 2017

Richmond March Condo Housing Market Highlight

ri-apt.GIFWhen the total active listings, new listings and the total condos sold for the month converged, the Richmond condo market Read more

Terra Nova Detached Homes Pricing Trend

April 15, 2015

 Detached home pricing trend in Terra Nova

Generally, when people talked about the pricing trend for detached homes in Richmond, the perception was that single family homes increased in prices almost yearly. But, a closer look at the market for single family homes revealed that not all neighborhoods and sub-market segments experienced price gains.

Terra Nova detached home pricing trend Read more

Buying A Foreclosed Property In Richmond

December 11, 2013

The process: buying a foreclosed property in RichmondRichmond condos foreclosed
There is always great interest from Richmond home buyers and investors wanting to buy a property under foreclosure. Very often, the price of a foreclosed property can be substantially lower than it’s market price. Buying a foreclosure in Richmond BC is very similar to buying any other house, except it needs the court approval to complete the sale. Read more

Richmond Housing Market Update

October 14, 2013

Richmond’s housing market is stabalizing

Richmond experienced one of the highest run-up in home prices the past 10 years. The fear of a impending collapse in home prices in 2013 did not happen. The built up in the supply of homes in the second half of 2012 slowed down through 2013, aided by improved sales since March, 2013.

It’s the time of the year that home sales in the Autumn and Winter months will slow down considerably. The MOIs for detached homes, townhomes and condos are now at more balanced levels as shown below: Read more

The Million Dollar Question

July 17, 2013

How much lower?

So far, after 2 years of lackluster demand, Richmond detached home prices remained at lofty level. The drop in median price in Richmond according to data from the real estate board of Greater Vancouver registered a mere 5% decline. But, in Seafair neighborhood, older homes with lot sizes between 7,000 to 8,000 sq ft had dropped in price from $1.0 million in 2011 to the current level around $850,000 – a drop of 15%. Some recent sales showed that sellers were taking offers below $800,000. Read more

Challenges Faced By Richmond Home Sellers

April 28, 2013

2013 will be a challenging year for home sellers

saffron.jpg Read more

How Metro Vancouver Home Prices Compared To Seattle?

April 14, 2013

valuemetrovanhomeprices.jpg Read more

RBC Housing Survey: Buyers Cautious

April 3, 2013

A RBC spring market for the housing market for 2013 revealed a not too encouraging outlook for the industry:

Read more

Welcome To Condo Life

February 1, 2013

 Condo Life Benefits

Richmond City Centre CondoThe benefits of condo life Read more

Richmond Real Estate > Chinese REALTOR®

January 31, 2013

Real Estate in Richmond

Richmond Chinese realtor Richmond Real Estate in British Columbia is subject to changing market forces that affect the supply and demand for homes. Richmond is one of the most favoured locations in the lower mainland of Vancouver. Many new immigrants, especially those immigrants from China, are attracted to Richmond because of the large Chinese community in the area. James Wong, a long time resident of Richmond and a Chinese Realtor, is active in Richmond, Vancouver and Burnaby. and long time . 

James speaks English, Cantonese and Mandarin, allowing him to communicate with practically any home buyer or seller in a language they can understand.

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