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The Velve Group

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Bryan Velve Personal Real Estate Corporation
RE/MAX Select Properties

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Home buyer demand depends on property type

February 2, 2018 by The Velve Group

Vancouver, BC, Canada

VANCOUVER, BC – February 2, 2018 – Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition today. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,818 in January 2018, a 19.4 percent increase from the 1,523 sales […]

Filed Under: Market trends Tagged With: apartments, benchmark price, condominiums, detached properties, home buyer activity, market trends, mls home price index, sales-to-active listings ratio, single-family homes, supply and demand, vancouver real estate

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How to win a real estate bidding war

January 29, 2018 by Bryan Velve

Handshake - closing a real estate deal

Negotiating your way through the maze of real estate sales and jargon raises many questions. Don’t worry. That’s why I’m here! So, today let’s talk about bidding wars and how best to handle them. Here are a few tips to help you win! Pre-inspect the home You will need to write a great offer. In […]

Filed Under: Buying Tagged With: bidding wars, multiple offers, negotiation, pre-inspection

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Real estate investment basics

January 17, 2018 by Bryan Velve

real estate investment

Imagine being a land baron; building an empire of rental properties and receiving a steady stream of passive rental income. Wouldn’t that be nice? Wait! Before you wave goodbye to your boss and dive head first into the world of real estate investments, here are some basic terms to become familiar with. Capitalization (“Cap”) rate […]

Filed Under: Buying Tagged With: balance sheet, cap rate, chattels, financial statements, fixtures, income & expenses, income producing property, investment property vancouver, landlord, real estate terminology, rent roll

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Steady sales and diminished listings characterize 2017 for the Metro Vancouver housing market

January 3, 2018 by The Velve Group

Vancouver, BC, Canada

VANCOUVER, BC – January 3, 2018 – After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached […]

Filed Under: Market trends Tagged With: apartments, benchmark price, condominiums, detached properties, home buyer activity, market trends, mls home price index, residential real estate, sales-to-active listings ratio, supply and demand, vancouver real estate

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Neighbourhood spotlight: The BAKESHOP

December 8, 2017 by Bryan Velve

The BAKESHOP

This week I want to highlight a great spot in Arbutus that I have found to be little known and very good. The BAKESHOP 4021 Macdonald Street Vancouver, BC, V6L 2N8 Web www.vancouverbakeshop.com Instagram @the_bakeshop Facebook @thebakeshopvancouver Twitter @VanBakeshop The bread is outstanding! I highly recommend the sunflower-flax or the cranberry-walnut. The sandwiches are to die for […]

Filed Under: Community Tagged With: arbutus, bakery, coffee, local business, lunch spot, pastries, sandwiches

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Metro Vancouver continues to experience above-average demand and below-average supply

December 4, 2017 by The Velve Group

VANCOUVER, BC – December 4, 2017 – Metro Vancouver* saw modest home listing changes and steady demand in November. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 percent increase from the 2,214 sales recorded in November 2016, and a 7.5 […]

Filed Under: Market trends Tagged With: apartments, benchmark price, condominiums, detached properties, home buyer activity, market trends, mls home price index, residential real estate, sales-to-active listings ratio, single-family homes, supply and demand, vancouver real estate

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3 things to consider before downsizing your home

November 30, 2017 by Bryan Velve

downsizing your home

Are you dreaming of selling up your family home and moving to a smaller place with easy maintenance? Perhaps a move to the suburbs, a rural area or even inter-province? Here are three things to think about as you ponder the next chapter in your life. Timing is everything Watch the gap in value between what […]

Filed Under: Buying, Selling Tagged With: declutter, downsizing, financing, market conditions, mortgage, moving house, professional realtor, realtor tips

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Housing affordability: From Boomers to Millennials

November 20, 2017 by Bryan Velve

I had a conversation with my mother about how my kids and the younger generation will afford homes in Vancouver one day, and how it almost seems impossible without help to do so. The response was quite surprising. Perseverance, hard work and sacrifice Instead of agreeing with me she told me of how people faired […]

Filed Under: Buying, Market trends Tagged With: baby boomers, housing affordability, millennials, vancouver real estate

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October sales exceed historical average

November 2, 2017 by The Velve Group

False Creek, Vancouver, BC, Canada

VANCOUVER, BC – November 2, 2017 – Metro Vancouver home sales exceeded typical historical levels in October with the majority concentrated in the townhouse and apartment markets. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,022 in October 2017, a 35.3 percent increase from the 2,233 […]

Filed Under: Market trends Tagged With: apartments, condominiums, detached properties, home buyer activity, market trends, mls home price index, residential real estate, sales-to-active listings ratio, single-family homes, supply and demand

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23rd annual REALTORS Care® Blanket Drive

October 23, 2017 by The Velve Group

The REALTORS Care® Blanket Drive runs from Tuesday, November 14 to Tuesday, November 21. The need has never been greater! Our network of REALTORS® is gearing up for another productive year of collecting warm clothes and blankets. Let’s help keep the record number of homeless and working poor warm and dry this winter. Since it […]

Filed Under: Community Tagged With: charity, donations, realtors care blanket drive, vancouver's homeless

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