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Blog by Patricia Houlihan - Personal Real Estate Corporation

Macrealty June 2012 Market Update

June 29th, 2012
After a strong run in the residential real estate market over the past several years, more and more people have begun asking questions about commercial real estate and its viability as an investment product. The answer to this question is that commercial real estate has proven to be a strong, stable investment, especially when compared to the recent volatility in the stock market or the infin ...

Harder to buy as time goes on....Buyers market now but tougher lending rules

June 22nd, 2012

Federal Government Changes to Mortgage Lending


For the fourth time in as many years, the Federal Government has announced action to restrict mortgage credit. The new measures include:
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    • The maximum amortization on a prime mortgage will be reduced from 30 to 25 years.
    • Mortgage insurance will not be provided for properties valued over $1 million.
    • Refinancing has been lowered from a maxim ...

2128 Lockehaven Road, North Vancouver, British Columbia

June 21st, 2012

Waterfront at the Top of the World!! Unbeatable views in all directions from this bright and beautiful west coast contemporary. Very well laid out: open plan with floor to ceiling windows and light pouring in from all sides. The main house sits above everything in the Cove with a smaller building at the water's edge. Decks everywhere including rooftop deck with hot tub. Bonus: private dock, g ...

320 Sasamat Lane, North Vancouver, BC

June 21st, 2012

I just sold this Property at 320 Sasamat Lane, North Vancouver, BC Deep Cove.

View this recently sold Property or see all my home sales

Unbelievable Waterfront Bargain!

June 21st, 2012

For the second time in a year, I have sellers who are listing their house at far below what I am recommending..... In this case they are dropping their price by $300,000 to make this home one that I would like to buy myself-to live in-as it is much better than my house and even at the current price, prior to the $300k price reduction, is good value.

It is on my street, in a better location, wi ...

Spring activity remains balanced in the Greater Vancouver housing market

June 21st, 2012

The number of properties listed for sale continued to increase in the Greater Vancouver housing market in May. The number of sales decreased year over year, but remained relatively constant compared to recent months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,853 on the Multiple Listing Service® (MLS®) in May 2012. ...

Deep Cove Open House!

June 19th, 2012

We are happy to announce that this Jun 23rd, 3:00 PM to 4:30 PM we will be hosting an Open House at 2860 Panorama Drive in Deep Cove, North Vancouver. This is an opportunity to visit this excellent Property for sale in beautiful Deep Cove.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Deep Cove Property for sale.

As always please do not ...

12 Strachan Point Rd, Lions Bay, West Vancouver, BC

June 18th, 2012

Fabulous waterfront Oasis! This property is amazing - the pot of gold at the end of a very quiet road. Lovely flat lot with great beach area and unbeatable view. The house has a unique design which could be beautiful with some updates...or build your dream home - away from it all but very close to everything! Ski Whistler in the morning; stop by your waterfront home for a swim in the afternoo ...

2502 Panorama Dr, North Vancouver, BC

June 18th, 2012

The best of all worlds: waterfront with total privacy; walking distance to everything! This amazing 4 year old home is bordered by a lovely creek on one side, a park on the other, the Baden Powell trail behind it and the ocean in front of it. A 3 minute walk to restaurants, shops, transportation and the kayak shop. Open floor plan with fantastic finishings throughout, huge windows and tons of ...

Face the World Foundation 2012 Gala UBC Vancouver

June 5th, 2012
Face the World Foundation 2012 Gala UBC Vancouver

It was fabulous - lots of great people, food, my favorite champagne and if I had stayed away from the silent auction table it may not have bankrupted me!

All for some excellent charitable causes and a limo tour for wine tasting in Washington will be fun!

And of course for me the extra benefit of seeing some lovely real estate while enjoying the e ...