Alphonse's Real Estate Blog

After the U.S. election in November, all bets are off with respect to interest rates. The start of a new presidential term is typically when tough medicine is doled out to fix the economy. An upward draft in U.S. rates would come as no surprise. Iʼd recommend locking in your mortgage rate now for...

 The Bank of Canada kept their overnight rate steady once again today although they appear prepared to reduce rates going forward. Falling oil and commodity prices are pointing to lower inflation and many analysts are talking about the end of the recent "commodity boom" which helped the Canadian ...

www.AlphonseQ.com  VANCOUVER, B.C. - September 3, 2008 - The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,568 in August 2008, a decline of 53.7 per cent from the 3,384 sales in August 2007, and a 47.7 per cent reduction fro...

Whether you are buying or selling a home, it's crucial to include a thorough home inspection as part of the process. It might be tempting to save a couple of dollars by passing on a home inspection, however this short sighted approach could end up costing you big time in repairs, such as leaky ro...

Beautifully laid out home, extensively updated in 1998. This big house has 5 bedrooms, 2 full size bathrooms (one with a premier walk in jetted tub), games room upstairs, and parlour and living room downstairs with 10' ceilings. Country size kitchen good for entertaining and family events. Upper ...

• 820 sq. ft., 1 bath, 2 bdrm 3 story - MLS® $311,000 - Affordable Kerrisdale Kerrisdale, Vancouver  -  Units are rarely available in this building. This apartment features a spacious and comfortable, 2 bedroom home. Quiet, treed outlook in front with large glass picture window. A separate rear e...

At a benchmark price of $646,070, detached home prices in Squamish are up 29.2% from one year ago - an increase significantly greater than the 5.4% increase experienced in Metro Vancouver.The number of detached homes sold in July fell 51.7% from July 2007. Contrary to the trend in Metro Vancouver...

The inventory of homes available for sale in Whistler has increased by 34% this July over last, while year-to-date sales are down 20.8% from 2007. www.AlphonseQ.com Sales Statistics: Real Estate Board of Greater Vancouver

Metro Vancouver real estate sales were down 43.9% from July 2007, while the overall number of listings available for sale rose by 24%. The market continues to rebalance as sellers face increasing competition, and buyers find much more inventory from which to choose. Detached home prices in Metro ...

At an average benchmark price of $883,972, detached home prices were up 4.3% over last July, but down 1.1% from last month. The number of detached homes sold declined 33% from July 2007, a significant dip in the 21.9% year-to-date decline from this time last year. Detached homes available for sal...