Fuller Service Realty Corporation

# 1909 668 CITADEL PARADE BV in Downtown West is Sold!

FULLER SERVICE REALTY CORPORATION — Wed, 01 Feb 2012 18:49:00 GMT

Downtown West, Downtown - The single story at # 1909 668 CITADEL PARADE BV has been sold.

►►BUYING UP?◄◄

FULLER SERVICE REALTY CORPORATION — Tue, 24 Jan 2012 19:26:00 GMT

Does buying up make sence? These questions will help you decide whether you’re ready for a home that’s larger or in a more desirable location. If you answer yes to most of the questions, it’s a sign that you may be ready to move.....

Have you built substantial equity in your current home? Look at your annual mortgage statement or call your lender to find out. Usually, you don’t build up much equity in the first few years of your mortgage, as monthly payments are mostly interest, but if you’ve owned your home for five or more years, you may have significant, unrealized gains.
Has your income or financial situation improved? If you’re making more money, you may be able to afford higher mortgage payments and cover the costs of moving.
Have you outgrown your neighborhood? The neighborhood you pick for your first home might not be the same neighborhood you want to settle down in for good. For example, you may have realized that you’d like to be closer to your job or live in a better school district.
Are there reasons why you can’t remodel or add on? Sometimes you can create a bigger home by adding a new room or building up. But if your property isn’t large enough, your municipality doesn’t allow it, or you’re simply not interested in remodeling, then moving to a bigger home may be your best option.
Are you comfortable moving in the current housing market? If your market is hot, your home may sell quickly and for top dollar, but the home you buy also will be more expensive. If your market is slow, finding a buyer may take longer, but you’ll have more selection and better pricing as you seek your new home.
Are interest rates attractive? A low rate not only helps you buy a larger home, but also makes it easier to find a buyer.
Are you able to afford a home if you buy with a suite in it? A suite can not only improve the saleability of a home, but it can often help you qualify for a hihger mortgage. Read more about this on our blog here: http://www.fullerservicerealty.com/blogs/donna__fuller/archive/2011/12/30/home-suite-home.aspx

If you have given the thumbs up to these questions, call us today to discuss your needs: 604.584.SOLD(7653) or go to our home page www.fullerservicerealty.com for further information! Email: info@fullerservicerealty.com

8 Reasons Why You Should Work With a REALTOR®

FULLER SERVICE REALTY CORPORATION — Tue, 24 Jan 2012 16:04:00 GMT

"REALTOR®" and "real estate agent" are not interchangeable, although some real estate agents might like them to be. The term REALTOR® is a registered certification mark that identifies the quality of services rendered by licensed real estate agents who are members of The Canadian Real Estate Association (CREA). All real estate agents are not REALTORS®, but all REALTOR® members are real estate agents. REALTOR® members are committed to a strict code of ethics known as the REALTOR® Code, and are the only ones who have the right to list your property on the MLS® Systems of their local real estate boards. To correctly be referred to as a REALTOR®, a real estate agent must be a member of CREA.

.....why it pays to work with a REALTOR®.

Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
Information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
Help finding the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTOR® to find all available properties.
Negotiating skills. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
Someone who speaks the language. If you don’t know a C.M.A. from a P.I.T, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.
Experience. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. Even if you have done it before, laws and regulations change. REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
Objective voice. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, homebuying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll every make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.

BUYERS and SELLERS for more TIPS go to our Home page and click on Info TABS at: www.fullerservicerealty.com or call our professionals today 604.584.SOLD(7653)

TOP 26 GRANTS AND REBATES for Property Buyers and Owners

FULLER SERVICE REALTY CORPORATION — Tue, 24 Jan 2012 01:07:00 GMT

1Home Buyers’ Plan Qualifying home buyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment. Home buyers who have repaid their RRSP may be eligible to use the program a second time. Canada Revenue Agency www.cra.gc.ca Enter ‘Home Buyers’ Plan’ in the search box. 1.800.959.8287

2 GST Rebate on New Homes New home buyers can apply for a rebate of the federal portion of the HST (the 5% GST) if the purchase price is less than $350,000. The rebate is up to 36% of the GST to a maximum rebate of $6,300. There is a proportional GST rebate for new homes costing between $350,000 and $450,000. Canada Revenue Agency www.cra.gc.ca Enter ‘RC4028’ in the search box. 1.800.959.8287

3 BC New Housing Rebate (HST) Buyers of new or substantially renovated homes priced up to $525,000 are eligible for a rebate of 71.43% of the provincial portion (7%) of the 12% HST paid to a maximum rebate of $26,250. Homes priced at $525,000+ are eligible for a flat rebate of $26,250. www.hstinbc.ca/making_your_choice/faqs/new_housing_rebate 1.800.959.8287

4 BC New Rental Housing Rebate (HST) - Landlords buying new or substantially renovated homes are eligible for a rebate of 71.43% of the provincial portion of the HST,up to $26,250 per unit. www.hstinbc.ca/making_your_choice/faqs/new_housing_rebate 1.800.959.8287

5 BC Property Transfer Tax (PTT) First Time Home Buyers’ Program Qualifying first-time buyers may be exempt from paying the PTT of 1% on the first $200,000 and 2% on the remainder of the purchase price of a home priced up to $425,000. There is a proportional exemption for homes priced up to $450,000. BC Ministry of Small Business and Revenue www.sbr.gov.bc.ca/business/Property_Taxes/Property_Transfer_Tax/ptt.htm 250.387.0604

6 First-Time Home Buyers’ Tax Credit (HBTC) This federal non-refundable income tax credit is for qualifying buyers of detached, attached, apartment condominiums, mobile homes or shares in a cooperative housing corporation. The calculation: multiply the lowest personal income tax rate for the year (15% in 2010) x $5,000. For the 2010 tax year, the maximum credit is $750. Canada Revenue Agency www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncmtx/rtrn/cmpltng/ddctns/lns360-390/369/menu-eng.html 1.800.959.8281

7 BC Home Owner Grant Reduces property taxes for home owners with an assessed value of up to $1.285,000. The basic grant gives home owners

• a maximum reduction of $570 in property taxes on principal residences in the Capital, Greater Vancouver and Fraser Valley regional districts;

• an additional grant of $770 to rural homeowners elsewhere in the province; and

• an additional grant of $275 to seniors aged 65+, those who are permanently disabled and war veterans of certain wars. BC Ministry of Small Business and Revenue www.rev.gov.bc.ca/hog or contact your municipal tax

office.

8 BC Property Tax Deferment Programs

Property Tax Deferment Program for Seniors. Qualifying home owners aged 55+ may be eligible to defer property taxes.

Financial Hardship Property Tax Deferment Program. Qualifying low-income home owners may be eligible to defer property taxes.

Property Tax Deferment Program for Families with Children. Qualifying low income home owners who financially support children under age 18 may be eligible to defer property taxes.

BC Ministry of Small Business and Revenue www.sbr.gov.bc.ca/individuals/Property_Taxes/Property_Tax_Deferment/ptd.htm

9 Canada Mortgage and Housing (CMHC) Residential Rehabilitation Assistance Program (RRAP) Grants. This federal program provides financial aid to qualifying low-income home owners to repair substandard housing. Eligible repairs include heating, structural, electrical, plumbing and fire safety. Grants are available for seniors, persons with disabilities, owners of rental properties and owners creating secondary and garden suites. www.cmhc-schl.gc.ca/en/co/prfinas/prfinas_001.cfm 1.800.668.2642 | 604.873.7408

10 CMHC Mortgage Loan Insurance Premium Refund Provides home buyers with CMHC mortgage insurance, a 10% premium refund and possible extended amortization without surcharge when buyers purchase an energy efficient mortgage or make energy saving renovations. www.cmhc.ca/en/co/moloin/moloin_008.cfm#reno 604.731.5733

11 Energy Saving Mortgages Financial institutions offer a range of mortgages to home buyers and owners who make their homesmore energy efficient. Forexample, home owners who have a home energy audit within 90 days of receiving an RBC Energy Saver™ Mortgage, may qualify for a rebate of $300 to their RBC account. www.rbcroyalbank.com/products/mortgages/energy-saver-mortgage.html 1.800.769.2511

12 Low Interest Renovation Loans Financial institutions offer ‘green’ loans for home owners making energy efficient upgrades. Vancity’s Bright Ideas personal loan offers home owners up to $20,000 at prime + 1% for up to 10 years for ‘green’ renovations. RBC’s Energy Saver loan offers 1% off the interest rate for a fixed rate installment loan over $5,000 or a $100 renovation on a home energy audit on a fixed rate installment loan over $5,000. For information visit your financial institution. www.vancity.com/Loans/BrightIdeas and www.rbcroyalbank.com/products/personalloans/energy-saver-loan.html

13 LiveSmart BC: EfficiencyIncentive Program - Home owners improving the energy efficiency of their homes may qualify for cash incentives through this provincial program provided in partnership with FortisBC, BC Hydro, and FortisBC. Rebates are for energy efficient products which replace gas and oil furnaces, pumps, water heaters, wood stoves, insulation, windows, doors, skylights and more. The LiveSmart BC program also covers $150 of the cost of a home energy assessment, directly to the service provider. www.livesmartbc.ca/rebates 1.866.430.8765

14 BC Residential Energy Credit - Home owners and residential landlords buying heating fuel receive a BC government point-of-sale rebate on utility bills equal to the provincial component of the HST. www.sbr.gov.bc.ca/business/consumer_taxes/residential_energy/residential_energy.htm 1.877.388.4440

15 BC Hydro Appliance Rebates - Mail-in rebates for purchasers of ENERGY STAR clothes washers, refrigerators, dishwashers, or freezers. www.bchydro.com/rebates_savings/appliance_rebates.html 1.800.224.9376

16 BC Hydro Fridge Buy-Back Program This ongoing program rebates BC Hydro customers $30 to turn in spare fridges in working condition. www.bchydro.com/rebates_savings/fridge_buy_back.html 604.881.4357

17 BC Hydro Windows Rebate Program - Pay no HST when you buy ENERGY STAR high-performance windows and doors. www.bchydro.com/rebates_savings/windows_offers/current_offers.htm 604.759.2759 for a free in-homeestimate.

18 BC Hydro Mail-in Rebates/Savings Coupons - To save energy, BC Hydro offers rebates including 10% off an ENERGY STAR cordless phone. Check for new offers and for deadlines. www.bchydro.com/rebates_savings/coupons.html 1.800.224.9376

19 FortisBC Rebate Program - A range of rebates for home owners include a $50 rebate for upgrading a hot water tank, $150 rebate on an Ener-Choice fireplace and a $1,000 rebate for switching to natural gas (from oil or propane) and installing an ENERGY STAR heating system. www.fortisbc.com/NaturalGas/Homes/Offers/Pages/default.aspx 1.888.224.2710

20 FortisBC Efficient Boiler Program - For commercial buildings, provides a cash rebate of up to 75% of the purchase price of an energy efficient boiler, fornew construction or retrofits. www.fortisbc.com/NaturalGas/Business/Offers/Pages/default.aspx 1.888.477.0777

21 City of Vancouver Solar Homes Pilot - This rebate of $3,000 (about 50% of the cost) is for a Vancouver home owner upgrading to a solar hot watersystem from a gas system. Offered by the City of Vancouver, SolarBC, FortisBC and Offsetters on a first come, first served basis until the City reaches its target of 30 homes. www.vancouver.ca/solar 604.871.6288

22 City of Vancouver Rain Barrel Subsidy Program - The City of Vancouver provides a subsidy of 50% of the cost of a rain barrel for Vancouver residents. With the subsidy, the rain barrel costs $75. Buy your rain barrel at the Transfer Station at 377 W. North Kent Ave., Vancouver, BC. Limit of two per resident. Bring proof of residency. http://vancouver.ca/engsvcs/watersewers/water/conservation/programs/rainbarrel.htm 604.736.2250 Other municipalities have similar offers.

23 City of Vancouver Greenest City 2020 Pilot Home Energy Loan Program - The City of Vancouver in cooperation with Vancity, FortisBC, BC Hydro and Natural Resources Canada offers access to loans for energy retrofits including heating systems, insulation and air sealing. Loans are at 4.5% fixed rate over 10 years. The program also helps with accessing grants from the federal ecoENERGY program, the provincial LiveSmart BC program and FortisBC. www.vancouver.ca/energyloan Email: energyloan@vancouver.ca. 604.374.0507.

24 Vancity Green Building Grant - In partnership with the Real Estate Foundation of BC, Vancity provides grants up to $50,000 each to qualifying charities, not-for-profit organizations and co-operatives for projects which focus on building renovations/ retrofits, regulatory changes that advance green building development, and education to increasethe use of practical green building strategies. www.vancity.com/MyCommunity/NotForProfit/Grants/ActingOnClimateChange/GreenBuildingGrant 604.877.7000

25 Local Government Water Conservation Incentives - Your municipality may provide grants and incentives to residents to help save water. For example, the City of Coquitlam offers residents a $100 rebate and the City of North Vancouver, District of North Vancouver, and District of West Vancouver offer a $50 rebate when residents install a low-flush toilet.Visit your municipality’s website and enter ‘toilet rebate’ to see if there is a program.

26 Local Government Water Meter Programs - Your municipality may provide a program for voluntary water metering, so that you pay only for the amount of water that you use. Delta, Richmond and Surrey have programs and other municipalities may soon follow. Visit your municipality’s website and enter ‘water meter’ to find out if there isa program.

BUYERS and SELLERS for more TIPS go to our Home page and click on TABS: www.fullerservicerealty.com

December 2011 Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Sun, 08 Jan 2012 19:21:00 GMT

Balanced real estate market prevailed through much of 2011

Wednesday, January 4, 2012

VANCOUVER, BC – The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease from the 35,669 residential sales in 2009. Last year’s home sale total was 6.3 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.

The number of residential properties listed for sale on the MLS® in Greater Vancouver increased 2.7 per cent in 2011 to
59,549 compared to the 58,009 properties listed in 2010. Looking back further, last year’s total represents a 12.8 per cent
increase compared to the 52,869 residential properties listed in 2009. Last year’s listing total was 11.1 per cent above the ten-year average for annual Multiple Listing Service® (MLS®) property listings in the region.

“It was a relatively balanced year for the real estate market in Greater Vancouver with listing totals slightly above historical
norms and sale numbers slightly below,” Rosario Setticasi, REBGV president said.

Residential property sales in Greater Vancouver totalled 1,658 in December 2011, a decrease of 12.7 per cent from the 1,899 sales recorded in December 2010 and a 29.7 per cent decline compared to November 2011 when 2,360 home sales occurred.

More broadly, last month’s residential sales represent a 34.1 per cent decrease over the 2,515 residential sales in December 2009, a 79.4 per cent increase compared to December 2008’s 924 sales, and a 12.6 per cent decrease compared to the 1,897 sales in December 2007.

The overall residential benchmark price, as calculated by the MLSLink Housing Price Index®, for Greater Vancouver
increased 7.6 per cent to $621,674 between Decembers 2010 and 2011. However, prices have decreased 1.5 per cent since hitting a peak of $630,921 in June 2011.

“Our market remained in a balanced state for most of the year, although higher levels of demand for detached properties in
the region’s largest communities caused prices in certain areas to rise higher than others,” Setticasi said. “For example, the benchmark price of a single-family detached home experienced double-digit increases in nine areas within the region over the last 12 months.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,629 in December 2011. This
represents a 4.1 per cent decline compared to the 1,699 units listed in December 2010 and a 49.4 per cent decline compared to November 2011 when 3,222 properties were listed.

Sales of detached properties in December 2011 reached 630, a decrease of 18.1 per cent from the 769 detached sales recorded in December 2010, and a 30.2 per cent decrease from the 902 units sold in December 2009. The benchmark price for detached properties increased 11.2 per cent from December 2010 to $887,471.

Sales of apartment properties reached 774 in December 2011, a decline of 4.6 per cent compared to the 811 sales in
December 2010, and a decrease of 32.9 per cent compared to the 1,154 sales in December 2009. The benchmark price of an apartment property increased 3.7 per cent from December 2010 to $401,396.

Attached property sales in December 2011 totalled 254, a decline of 20.4 per cent compared to the 319 sales in December
2010, and a 44.7 per cent decrease from the 459 attached properties sold in December 2009. The benchmark price of an attached unit increased 4.2 per cent between December 2010 and 2011 to $511,499.

The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating $1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®.

For more information on real estate, statistics, and buying or selling a home, contact one of our professional REALTORS® info@fullerservicerealty.com or 604-584-SOLD(7653).

►►HOME SUITE HOME◄◄

FULLER SERVICE REALTY CORPORATION — Fri, 30 Dec 2011 21:06:00 GMT

With the high costs of homes in BC, a new trend is arising. A secondary suite in your home is a good option and many manicipalities are agreeing to the idea with high density, affordability concerns and the demand for rentals. Many cities and municipailites throughout BC have started a secondary suite program including such cities as Kelowna, Coquitlam and Abbotsford for instance.

THE BENEFITS OF A SECONDARY SUITE:

1.) Private sleeping quarters with separate entrances and cooking facilites, allow families to coexist with senior generations while still maintaining their own “space.”
2.) It allows homeowners to offset their mortgage costs.
3.) It allows home buyers to often quailify for a higher priced home (especially if the suite is a legal one) as the lender will take the income from the suite into consideration for the qualifying process.

This recent trend seems to be moving towards more home builders creating brand-new homes from scratch with secondary suites in them or provisions for the unfinished basement to have a secondary suite. For example in the new Burke Mountain subdivision in Coquitlam secondary suites make up about 60 percent of their units. The builder/developers are now prepared to meet the growing demands of families who wants to remain together or buyers who know the only way they can afford to buy a home is to have rental income off the suite. A young couple for example could live in the smaller suite and rent out the majority of the home for top dollar. This would give the couple a similar affect of buying a 1 bedroom apartment or townhouse, but would allow them to reap the benefits of a home with higher appreciation over time than the condo captured on the resale.

In Summary, secondary suites are definately a key selling/buying feature to have in a home!.....

To SELL or BUY a home with a Suite in it, call the Professionals at FULLER SERVICE REALTY CORP. 604-584-SOLD(7653) info@fullerservicerealty.com

©Article by FSR Owner - Donna Fuller Dec. 2011

# 206 10523 UNIVERSITY DR in Surrey Central is NOW SOLD!

FULLER SERVICE REALTY CORPORATION — Fri, 30 Dec 2011 20:53:00 GMT

Surrey Central, Surrey - The single story at # 206 10523 UNIVERSITY DR has been sold.

Property information

Merry Christmas to all from Fuller Service Realty!

FULLER SERVICE REALTY CORPORATION — Fri, 23 Dec 2011 23:06:00 GMT

MERRY CHRISTMAS!, Joyeux Noël, Честита Коледа, 聖誕節同新年快樂, Sretan Božić!, Glædelig jul og godt nytår, Gleðilig Jól og eydnuríkt nýggjár
, Maligayang pasko at manigong bagong taon!, Frohe/Fröhliche Weihnachten, Καλά Χριστούγεννα!, メリークリスマス, 즐거운 성탄절 보내시고 새해 복 많이 받으세요, Feliz Natal, С Рождеством Христовым, ¡Feliz Navidad y próspero año nuevo!

Single Story For Rent/Lease in Downtown

FULLER SERVICE REALTY CORPORATION — Wed, 07 Dec 2011 00:53:00 GMT

• 240 sq. ft. single story - MLS® $850 CAD Monthly

Downtown, Vancouver - Good location - Right across the street from the Law Courts, steps to Granville street businesses/restaurant. Corner of Smithe and Howe. 240 Sq. Ft. unfurnished and airconditioned.

FEATURES:
-Front desk concierge/reception
-Large furnished boardroom for owner/tenant use on same floor
-Kitchen and mens/ladies washrooms located on the same floor.
-2 public parkades closeby and street parking available (parking not included) close to buses and skytrain.
-high speed internet connection available in the building.

3-5 year lease required with escalation only to cover yearly strata fee and tax increase. Air conditioning, electrical, taxes & strata fee included. (does not include telephone and internet.)

Property information

November 2011 Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Tue, 06 Dec 2011 18:46:00 GMT

November 2011 Statistics Real Estate Board Greater Vancouver

December 2, 2011

Historically normal activity keeps the Greater Vancouver housing market in a balanced state. The Greater Vancouver housing market saw relatively typical home sale and listing activity in November.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,360 in November. This represents a 5.9 per cent decline compared to the 2,509 sales in November 2010 and a 1.9 per cent increase compared to the 2,317 sales recorded in October 2011.

Looking back further, last month’s residential sales total is 5.8 per cent below the ten-year average for sales in November.

“The pace of home listings entering the market eased slightly in November, compared to recent months, while sale levels remained fairly normal for this time of year,” Rosario Setticasi, REBGV president said. “November activity helped put our market firmly in balanced territory.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 3,222 in November. This represents a 26.3 per cent decline compared to the 4,374 new listings reported in October 2011, but a 6.3 per cent increase compared to November 2010 when 3,030 properties were listed for sale on the MLS®.

Looking back further, last month’s new listing total is 2.1 per cent above the ten-year average for November.

The total number of properties currently listed for sale on the Greater Vancouver MLS® sits at 14,090, a decline of 9 per cent compared to October 2011 but an increase of 13 per cent when compared to this time last year.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 7.2 per cent to $622,087 in November 2011 from $580,080 in November 2010.

Since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 1.4 per cent.

Sales of detached properties on the MLS® in November 2011 reached 916, a decrease of 12.8 per cent from the 1,050 detached sales recorded in November 2010, and a 21.3 per cent decrease from the 1,164 units sold in November 2009. The benchmark price for detached properties increased 11.4 per cent from November 2010 to $890,204.

Sales of apartment properties reached 1,000 in November 2011, a 4.9 per cent decrease compared to the 1,052 sales in November 2010, and a decrease of 28.4 per cent compared to the 1,396 sales in November 2009. The benchmark price of an apartment property increased 2.7 per cent from November 2010 to $399,686.

Attached property sales in November 2011 totalled 444, a 9.1 per cent increase compared to the 407 sales in November 2010, and a 15.1 per cent decrease from the 523 attached properties sold in November 2009. The benchmark price of an attached unit increased 4.5 per cent between November 2010 and 2011 to $510,000

BUYER'S AGENCY EXPLAINED

FULLER SERVICE REALTY CORPORATION — Tue, 06 Dec 2011 18:35:00 GMT

BUYER'S AGENCY - WHY DO I NEED IT?

A buyer's agency, means the agent is working with your best interests (and wallet). A buyer's agent will work to negotiate the best price and terms, ensure the property is inspected, and make sure you have the representation you need to be protected. The things you tell a buyer's agent always remain confidential, buyer's agents cannot tell the seller what your bottom line is and in not doing so can often get the property for less than what you expected to pay. A buyer's agents commission is usually paid for by the seller - when a listing is taken the listing/seller's agent negotiates the total commission for both the buyers and sellers agent. Sometimes but rarer in some cases the buyers agents commission is paid for by the buyer. Using a buyer's agent also means that you can be shown homes that are For Sale By Owner.

Often Buyers sign an Exclusive Buyer's Agency agreement which will dictate how the arrangement works. Similar to a listing, it sets out how much the agent will be paid, what the length of term of the contract will be, what areas the buyer wishes to look in, etc. Many Buyer's agents will not work without one of these in place as without it they have no security as to whether or not they are going to get paid for all their hard work. Also it tells the Buyer's Agent whether or not the buyer's are motivated to buy. (Don't get me wrong, it doesn't mean you MUST buy if they don't find what you want, it merely means guaranteed wage if they do) If you look at it from a professional agents opinion, why would they want to take you seriously and put in all that time, effort and energy into searching for places if you don't want to commit to working solely with you them? Think about that for a moment.

ANOTHER MYTH

Often buyers believe if they go to the listing or sellers agent they will get a better deal as the agent earns more, this is a possibility but also a misconception. Many listing agents will not lower their fee out of principal as they have a higher liability to represent both sides and this is especially true in multiple offers. The listing agent may NOT now by our Professional Ethics Code lower their fee to make their offer stick over others, without going to the other agents involved and telling them, so that they all have an equal chance to compete. This rule was brought in to protect buyers agents of underhanded dealings by listing/seller's agents representing both sides.

DO I REALLY NEED TO USE A BUYERS AGENT?

No, but my best answer to this is why not? Why would you want to do all that work and search out properties on your own, calling every agent directly, telling the seller's agent all your confidential information and so on? A bit awkward, no? Best advise is sit back and relax, let your agent do his/her job. Also, it usually costs you nothing and the best part is you get representation and confidentiality. Think about this for a moment, you wouldn't go to court & give away all your cards to the other sides lawyer so why would you want to do otherwise in a realty transaction?

If you would like Buyer's Representation on a real estate deal, call or email us today 604-584-7653 or info@fullerservicerealty.com

Lions Win the 2011 Grey Cup!~

FULLER SERVICE REALTY CORPORATION — Mon, 28 Nov 2011 07:37:00 GMT

❤¸.•*""*•.¸❤❤¸.•*""*•.¸❤❤¸.•*""*•.¸❤❤¸.•*""*•.¸❤❤¸.•*""*•.¸❤❤
CONGRATS BC LIONS WE ARE THE 2011 GREY CUP CHAMPIONS!

Sixth Grey Cup title for the Lions, first since 2006. The BC Lions are the 2011 Grey Cup Champions beating the Winnipeg Blue Bombers 34-23.

October 2011 Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Thu, 03 Nov 2011 22:36:00 GMT

November 2, 2011

Greater Vancouver at lower end of balanced housing market

With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) system reached 2,317 in October, a 1 per cent decrease compared to the 2,337 sales in October 2010 and a 3.2 per cent increase compared to the previous month. Those sales rank as the second lowest total for October over the last 10 years.

“Right now, prospective home buyers have a good selection of properties to choose from and more time to make decisions,” Rosario Setticasi, REBGV president said. “Home sellers should be mindful of local market conditions to ensure they are pricing their properties competitively.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,374 in October, which is on par with the 10-year average. This represents an 18.3 per cent increase compared to October 2010, when 3,698 properties were listed for sale on the MLS®, and a 23 per cent decrease compared to the 5,680 new listings reported in September 2011.

The total number of properties listed for sale on the Greater Vancouver MLS® system currently sits at 15,377, which is 9.3 per cent higher than the 14,075 properties listed for sale during the same period last year. October was the first month that the total number of property listings showed a decrease this year.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 7.5 per cent to $622,955 in October 2011 from $579,349 in October 2010. However, since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 1.3 per cent.

Sales of detached properties in October reached 974, which represents virtually no change from the 976 detached sales recorded in October 2010, and a 34.5 per cent decrease from the 1,487 units sold in

October 2009. The benchmark price for detached properties increased 11 per cent from October 2010 to $884,778, but decreased 1.3 per cent compared to the previous month.

Sales of apartment properties reached 958 in October, a 2.6 per cent decrease compared to the 984 sales in October 2010, and a decrease of 40.4 per cent compared to the 1,607 sales in October 2009. The benchmark price of an apartment property increased 3.2 per cent from October 2010 to $402,702, but decreased 0.7 per cent compared to the previous month.

Attached property sales in October totalled 382, a 1.3 per cent increase compared to the 377 sales in October 2010, and a 37.4 per cent decrease from the 610 attached properties sold in October 2009. The benchmark price of an attached unit increased 6.5 per cent between October 2010 and 2011 to $519,455, and increased half a per cent compared to the previous month.

Copyright© Real Estate Board of Greater Vancouver

Price Reduced on # 102 6904 FRASER ST in South Vancouver

FULLER SERVICE REALTY CORPORATION — Mon, 24 Oct 2011 18:06:00 GMT

South Vancouver, Vancouver - Announcing a price reduction on # 102 6904 FRASER ST, a 1 bath, 1 bdrm single story. Now MLS® $222,000 - .

Property information

September 2011 Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Tue, 11 Oct 2011 05:10:00 GMT

Home listings continue to rise in the Greater Vancouver housing market

Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,246 in September, a 1.2 per cent increase compared to the 2,220 sales in September 2010. Those sales also rank as the third lowest total for September over the last 10 years.

“There's more competition amongst home sellers in today's market, providing more options for prospective buyers," Rosario Setticasi, REBGV president said."Buyers now have more properties to choose from and more time to make decisions compared to the spring season.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,680 in September, the third highest volume for September in 17 years. This represents a 20.1 per cent increase compared to September 2010 when 4,731 properties were listed for sale on the MLS® and a 21.2 per cent increase compared to the 4,685 new listings reported in August 2011.

The number of properties listed for sale on the Greater Vancouver MLS® system has increased each month since the beginning of the year. At 16,085, the total number of residential property listings on the MLS® increased 4.6 per cent in September compared to August 2011 and rose 4.4 per cent compared to this time last year.

“Our sales-to-active-listing ratio currently sits at 14 per cent, which is the lowest it’s been this year. Generally analysts say that a buyer’s market takes shape when the ratio dips to about 12 to 14%, or lower, for a sustained period of time,” Setticasi said.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 8.8 per cent to $627,994 in September 2011 from $577,174 in September 2010.

Since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 0.5 per cent.

Sales of detached properties on the MLS® in September 2011 reached 957, an increase of 10.5 per cent from the 866 detached sales recorded in September 2010, and a 32.8 per cent decrease from the 1,423 units sold in September 2009. The benchmark price for detached properties increased 13.4 per cent from September 2010 to $896,701.

Sales of apartment properties reached 922 in September 2011, a 5 per cent decrease compared to the 971 sales in September 2010, and a decrease of 38.1 per cent compared to the 1,489 sales in September 2009. The benchmark price of an apartment property increased 4.4 per cent from September 2010 to $405,569.

Attached property sales in September 2011 totalled 367, a 4.2 per cent decrease compared to the 383 sales in September 2010, and a 43.3 per cent decrease from the 647 attached properties sold in September 2009. The benchmark price of an attached unit increased 5.4 per cent between September 2010 and 2011 to $516,697.

Single Story For Sale in Downtown West

FULLER SERVICE REALTY CORPORATION — Tue, 11 Oct 2011 05:02:00 GMT

• 1 bath, 1 bdrm single story - MLS® $374,800

Downtown West, Downtown - Stunning Water and city views from this Georgie Award Winning building. Easy access to everything Yaletown and downtown have to offer. Clean and functional upper one bedroom + den/storage unit with 1 sought after underground parking spot included! Enjoy sunrises and BBQ's from your balcony in a building with amenities that include an indoor pool/hot tub, exercise room, and steam/sauna room. Steps to the seawall, GM Place, Costco, transit and downtown shopping. Solid investment with parking and unit rented separately for a total of $1,475/month. Fantastic tenant happy to stay

Property information

Single Story For Sale in South Vancouver

FULLER SERVICE REALTY CORPORATION — Tue, 11 Oct 2011 04:51:00 GMT

• 1 bath, 1 bdrm single story - MLS® $238,800

South Vancouver, Vancouver - What a price! Beautiful, quiet (not facing Fraser), newly painted suite with bamboo hardwood floors, and a recently renovated kitchen featuring solid Quartz counter-tops, new fixtures, cupboards, and garborator. The unit also features newer appliances & a large patio for your BBQ; bathroom renovated in 2007. Spacious rooms, secure underground parking, & storage locker included. Amenities include free shared laundry included in your strata fees, a recreation room, sauna, extra storage area for additional Freezer, and steps to Public Transit, shopping, and all levels of schools. Low turnover, well managed building ideal for older person/couple downsizing, or first time buyers.

Property information

August 2011 Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Thu, 08 Sep 2011 19:21:00 GMT

Greater Vancouver home sales trend toward buyers’ market over summer

August marked the third consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region has exceeded the 10-year norm every month since the beginning of the year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,378 in August. This total represents an eight per cent increase compared to the 2,202 sales in August 2010, but also ranks as the third lowest total for August in the last 10 years.

“MLS® statistics continue to indicate that we’re in a balanced market,” Rosario Setticasi, REBGV president said. “However, with a sales-to-actives listings ratio of 15 per cent, Greater Vancouver is in the lower end of a balanced market and has been trending toward a buyers’ market over the past three months.”

New listings for detached, attached and apartment properties in Greater Vancouver totaled 4,685 in August. This represents a 24.9 per cent increase compared to August 2010 when 3,750 properties were listed for sale on the MLS® and an eight per cent decline compared to the 5,097 new listings reported in July 2011. Last month’s new listing total was the highest volume recorded for August in 16 years.

At 15,437, the total number of residential property listings on the MLS® increased 1.4 per cent in August compared to July 2011 and rose 0.1 per cent compared to this time last year.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 8.5 per cent to $625,578 in August 2011 from $576,597 in August 2010.

“Year over year, prices are up. However, in the detached home category, benchmark prices have come down slightly in each of the past two months,” Setticasi said. “It’s important for people entering the market to understand that activity can differ significantly depending on the area and property type.”

Sales of detached properties on the MLS® in August 2011 reached 1,020, an increase of 14.2 per cent from the 893 detached sales recorded in August 2010, and a 25.4 per cent decrease from the 1,367 units sold in August 2009. The benchmark price for detached properties increased 11.7 per cent from August 2010 to $888,243.

Sales of apartment properties reached 955 in August 2011, a 2.1 per cent increase compared to the 935 sales in August 2010, and a decrease of 34.8 per cent compared to the 1,464 sales in August 2009. The benchmark price of an apartment property increased 5.6 per cent from August 2010 to $407,457.

Attached property sales in August 2011 totaled 403, a 7.8 per cent increase compared to the 374 sales in August 2010, and a 33.9 per cent decrease from the 610 attached properties sold in August 2009. The benchmark price of an attached unit increased 4.5 per cent between August 2010 and 2011 to $511,433.

July 2011 Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Wed, 03 Aug 2011 17:53:00 GMT

Active home sellers bring greater selection to the Greater Vancouver housing market

While the balance between home buyer and seller activity remains in an equilibrium range in the Greater Vancouver housing market, last month’s home sale total was below the 10-year average for July.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,571 in July, a 14 per cent increase compared to the 2,255 sales in July 2010 and a 21.2 per cent decline compared to the 3,262 sales in June 2011.

“We’re seeing less multiple offer situations in the market today compared to the last few months, but our members tell us that homes priced competitively continue to sell at a relatively swift pace,” Rosario Setticasi, REBGV president said. “It’s taking, on average, 41 days to sell a property in the region, which is unchanged from June of this year.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,097 in July. This represents a 23.2 per cent increase compared to July 2010 when 4,138 properties were listed for sale on the MLS® and a 12 per cent decline compared to the 5,793 new listings reported in June 2011.

Last month’s new listing total was 8.6 per cent higher than the 10-year average for July, while residential sales were 17.3 per cent below the ten-year average for sales in July.

At 15,226, the total number of residential property listings on the MLS® increased 0.8 per cent in July compared to last month and declined 7.3 per cent from this time last year.

“The number of homes listed for sale in the region has increased each month since the start of the year, which is giving buyers more selection to choose from and more time to make decisions,” Rosario Setticasi, REBGV president said.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 9.2 per cent to $630,251 in July 2011 from $577,074 in July 2010.

Sales of detached properties on the MLS® in July 2011 reached 1,099, an increase of 21 per cent from the 908 detached sales recorded in July 2010, and an 31.9 per cent decrease from the 1,614 units sold in July 2009. The benchmark price for detached properties increased 13.3 per cent from July 2010 to $898,886.

Sales of apartment properties reached 1,040 in July 2011, a 6.2 per cent increase compared to the 979 sales in July 2010, and a decrease of 39.1 per cent compared to the 1,708 sales in July 2009. The benchmark price of an apartment property increased 4.5 per cent from July 2010 to $405,306.

Attached property sales in July 2011 totalled 432, a 17.4 per cent increase compared to the 368 sales in July 2010, and a 45.5 per cent decrease from the 792 attached properties sold in July 2009. The benchmark price of an attached unit increased 6.9 per cent between July 2010 and 2011 to $524,909.

Copyright REBGV

HAPPY BC DAY! - Thanks for your business - FREE Summer Events Calendar

FULLER SERVICE REALTY CORPORATION — Mon, 01 Aug 2011 15:14:00 GMT

At FSR, we want to wish you and your family a wonderful and safe long weekend while you celebrate BC Day. We hope you have been having a great summer so far.

We want to Thank You, our valued customers, for your support and referrals over the years. Once again, you have helped us achieve some great success in the real estate industry. You and your business are very important to us and We Thank You!

If you've been thinking of selling your home and buying up, purchasing an investment property, or helping your kids get into their own home, now would be a great time. The market is active; homes are selling and there is a good choice of inventory to choose from when buying. The interest rates are still low which increases your buying power. Call us to see what your current home is worth, or if you’d like to get pre-approved for financing you can visit our website and apply direct on-line at www.fullerservicerealty.com

Thinking of things to do this summer? Here is a helpful link to a calendar of events around the area: http://www.fullerservicerealty.com/blogs/donna__fuller/archive/2011/07/11/2011-summer-events-calendar-british-columbia-and-the-pacific-northwest.aspx

Thinking of buying or selling a home, we'd love to hear from you. Call today for a free market evaluation of your home. 604-584-SOLD (7653) - Fuller Service Realty Corp, licensed Members in good standing of the M.L.S. system.We have agents covering areas of the lower mainland in West/North Van, Vancouver, Burnaby, Tri-cities, Surrey, White Rock, Maple Ridge, Mission, Langley and much more!

June 2011 Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Mon, 11 Jul 2011 16:18:00 GMT

VANCOUVER, BC – Home sellers outpaced buyers on Greater Vancouver’s Multiple Listings Service® (MLS®) in June, drawing the market back toward balance this summer.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 3,262 in June, a 9.8 per cent increase compared to the 2,972 sales in June 2010 and a 3.4 per cent decline compared to the 3,377 sales in May 2011.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,793 in June. This represents a 4.5 per cent increase compared to June 2010 when 5,544 properties were listed for sale on the MLS® and a 2.3 per cent decline compared to the 5,931 new listings reported in May 2011.

Last month’s new listing total was 9.8 per cent higher than the 10-year average for June, while residential sales were 7.3 per cent below the ten-year average for sales in June.

“With sales below the 10-year average and home listings above what’s typical for the month, activity in June brought closer alignment between supply and demand in our marketplace,” Rosario Setticasi, REBGV president said. “With a sales-to-active-listings ratio of nearly 22 per cent, it looks like we’re in the upper end of a balanced market.”

At 15,106, the total number of residential property listings on the MLS® increased 3.1 per cent in June compared to last month and declined 14 per cent from this time last year.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 8.7 per cent to $630,921 in June 2011 from $580,237 in June 2010.

“The largest price increases continue to be in the detached home market on the westside of Vancouver and in West Vancouver,” Setticasi said. “Since the end of May, the benchmark price of a detached home rose more than $147,000 on the westside of Vancouver and over $80,000 in West Vancouver. Detached home prices in Richmond, however, levelled off slightly, declining $25,000 in June.”

Sales of detached properties on the MLS® in June 2011 reached 1,471, an increase of 29.1 per cent from the 1,139 detached sales recorded in June 2010, and an 11.8 per cent decrease from the 1,667 units sold in June 2009. The benchmark price for detached properties increased 13.4 per cent from June 2010 to $901,680.

Sales of apartment properties reached 1,266 in June 2011, a 0.6 per cent increase compared to the 1,258 sales in June 2010, and a decrease of 29.3 per cent compared to the 1,790 sales in June 2009. The benchmark price of an apartment property increased 3.5 per cent from June 2010 to $405,200.

Attached property sales in June 2011 totalled 525, an 8.7 per cent decrease compared to the 575 sales in June 2010, and a 34.5 per cent decrease from the 802 attached properties sold in June 2009. The benchmark price of an attached unit increased 6 per cent between June 2010 and 2011 to $522,424.

The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating $1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,400 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®.

For more information on real estate, statistics, and buying or selling a home, contact us:

www.fullerservicerealty.com

Business: 604-584-(SOLD) 7653

2011 Summer Events Calendar - British Columbia and The Pacific Northwest

FULLER SERVICE REALTY CORPORATION — Mon, 11 Jul 2011 15:21:00 GMT

Got an Event you would like us to add? Please e-mail us the details at info@fullerservicerealty.com (No calls or faxes) Thanks!

AUGUST 2011
1 Brigade Days at Fort Langley National Historic Site: 23433 Mavis Avenue, Langley
1 BC Renaissance Fair Thunderbird Show Park: 24550 72nd Avenue, Langley
1 Abbotsford Agrifair & Rodeo Abbotsford Exhibition Park: 32444 Haida Drive, Abbotsford
3-6 Lynden Tractor Show 360.354.1218
4-6 West Yellowstone Rod Run 406.646.9759
4-7 NSRA Nat’s Louisville 901.452.4030
4-7 Vintiques N.W. Nats, Pre 72, Yakima 509.965.0782
5-6 Strutzfest Darrington 360-631-9900 www.strutzfest.com
5-14 MusicFest Vancouver, BC www.musicfestvancouver.ca
5-7 Flashback Cruz Bend 541.480.5560
5-7 AMC Rendezvous Oregon City 503.232.0497
6 Garage + Rod Custom Show Spanaway 253.377.2525
6 Cruisin the Narrows Gig Harbor 360.620.5633
6 Rock & Rod Show Puyallup Eagles 253.845.5021
6 Raymond WA Cruise In 360.942.3125
6 Waltsburg WA Classic Auto Show 509.337.6435
6 Rock & Rod Show Puyallup 253.845.5021
6 Lake City Pioneer Days show 206.363.3287
6 Blueberry Festival Show Mossyrock 360.520.36217
6 Hotrod A Rama Tacoma WA 253.845.9299
6 Coburg OR Classic Car Show 541.688.6087
9 Festival of Speed Chehalis WA 360.748.8578
7 Oregon All Ford Picnic Champoeg Park 503.472.6556
7 Summer Dream Cruise Salem 503.910.1565
7 Kars under the K Keremeos BC 250.499.7775
7 Cowichan Valley Picnic Duncan BC 250.748.5031
7 Mopar Magic Show Bremerton, WA 360.874.2776
7 Classic Car Show Toledo, OR 541.336.3701
7 NW Muscle Cars Issaquah XXX 206.250.9158
7 Fordnutz Claw In Surrey 604.786.3673
7 Starlight Casino Show New Westminster 604.540.8531
12-14 Abbotsford, BC International Air Show http://www.abbotsfordairshow.ca/
13 LaConner Classic yacht-car show 360.466.4778
13 Sunrise Village Show Puyallup 253.377.2525
13 Kruisin Kittitas Car Show & Burnouts 509.968.3368
13 Grandview Chamber Commerce Show 509.786.8250
13 Carousel Cruise Salem 503.588.1932
13 OSRA Lucky Eagle Casino Rod Run 360.493.1957
13 North Whidbey Is. car show 360.679.1595
13 Riverfair Cruze In Keizer OR 503.949.8751
13 Graffiti 2011 Eugene OR 541.344.5500
13 Taste of Hood Canal Belfair 360.850.1090
13 Hot August Flights Cruise Fly In Salem 503.510.5646
13 Hot August Night Plentywood MT. 406.765.7692
13 Mid-Valley Cruise Albany 541.926.2291
13 Steels Wheels Car Cycle Show Everett 425.359.5415
13 Astoria Cruise Regatta 503.325.0341
13 Legion Show Shine Aldergrove BC 778.552.4265
13 Carousel Cruise Salem 503.588.1932
13 Corvettes in the Vineyard Concrete 425.422.6988
14 The Cruz 2010, Port Orchard, 360.876.3505
14 Ford & Mustang Round up Puyallup 253.278.4718
14 All Mopar Summer Sizzler Oak Harbor 360.941.3345
14 All Corvette Show XXX Issaquah 425.392.1266
14 Sizzling Summer Car Show Tualatin 503.692.6297
14 Collector Car Show Oak Bay BC250.592.9052
14 Cruisin on Main Bozeman MT. 406.586.4008
14 Old Main St. Car Show Monroe WA 360.794.5488
14 All Buick Show Vancover WA 360.695.4993
14 Skagit River Classic Mt. Vernon 360.336.3662
14 Annual Show Shine Hixon BC 250.998.4735
9-14 Hot August Nights Reno 1.800.FOR RENO
12-13 Rockin’ Round the Block Gresham 503.666.1568
12-13 So. Tacoma Alley Rally 253.223.3330
12-14 Sleepy Hollow Run Sechelt BC
12-14 Montana Fun weekend Cut Bank 406.450.1078
12-14 Cruise the Gorge The Dalles 541.980.5789
15-20 Northwest Washington Fair Lynden 360-354-4111 www.nwwafair.com
15-21 Washington State International Kite Festival, Longbeach WA 360-642-4020 www.kitefestival.com
20 Meet In the Mountains Leavenworth 425.334.8955
20 Aberdeen Elks Car Show 360.249.3393
20 Skykomish Show-Shine 360.677.1237
20 Bowen Scarff Car Show Kent 253.852.1480
20 Cle Elum Cruise 509.674.5958
20 Studebaker Swapmeet Steilacoom WA 253.582.0520
20 Old Time Cruise to Estacada OR 503.803.8187
20 Lions Car Show Federal Way WA 253.951.4610
20 Car Show on the Grass Vancouver 360.887.4576
20 Rally in the Valley Peachland BC 250.768.4007
20 Rainer Collision Show Gig Harbor253.377.2525
20 All MOPAR drags Bremerton Raceway
21 Yesterdays Chevell El Camino Show Auburn 253.584.4179
21 Railroad Days Show Snoqualmie WA 360.893.5176
21 All Pontiac Show-Shine Bothell 425.318.0449
21 All Corvette Show Birch Bay WA 360.778.3247
21 Columbia City Classic Car Show Seattle 206.949.0476
21 Thunder in the Valley Langley BC
21 Untouchables Car Show Kalama WA360.425.9872
21 Return to Thun Field Puyallup 253.847.4304
21 T-9-O Quarryman Show n Shine 360.273.8048
21 Sunbust All Mopar show swap Graham 253.255.3435
21 Tri 55-56-57 Chevy XXX Issaquah 206.235.2559
21 Inland Northwest Camaro Show Spokane 509.981.7480
21 Sunday @ the Depot Bellingham 360.715.3876
21 Concours @ Village Green Cottage Grove 541.683.9113
19-20 Ignite the Night Car Show Libby MT. 406.293.3584
19-20 Wings n Wheels Powell WY 307.754.3494
19-20 Drifters Harvest Run Redmond OR 541.548.6329
19-21 Blackberry Festival Sutherlin OR 541.459.3007
19-21 10th Goodguys Great Northwest Nationals,Spokane, WA., 925.838.9876
20-21 Antique Farm Show Union Gap 509.453.2395
20-21 Baker City OR Memory Cruise 541.519.7647
16-21 International T-Bird Conv Portland 971.233.9000
27 LeMay Show & Auction @ museum 253.536.2885
27 Summer 2011 Show Great Falls MT. 406.454.1155
27 NW Ride of Dreams & Show Ellensburg 206.949.9143
27 Pt. Townsend Classic Car Show 360.301.1923
27 Start-stop-go show NW Mustangs Camas 360.817.2573
27 Kenmore Klassic Kar Show 425.485.2974
27 Unique Tin Show-Swap Longview 360.577.0111
27 CJ’s Hot Rod Picnic Salem 503.588.1932
27 Festival of Fenders Ferndale 360.384.3042
27 Hub city Car Show Centralia 360.748.8885
28 Muscle Car Madness Kent 800.726.6796
28 Rat Bastards Issaquah XXX 253.632.7515
28 Stop - Smell the Roadsters Silverton 503.874.2536
28 Christian Life Cruisin’ Pt. Orchard 360.876.5595
28 Cruisin the Nile Run Montlake Terrace 425.609.2349
25-27 Lewiston’s Hot August Nights 208.746.0151
26-28 Elites Summer Fun Run Deming 360.380.2733
26-27 Pacific NW Truck Show Brooks OR 503.312.0039
27-28 Nostalgia Drags Bremerton Raceway 360.674.2280
26-27 Kool Coastal Nights Winchester Bay 541.271.3852
27-28 Customs NW Unfinished Nats, Elma 425.347.0645
26-28 Fire, Smoke & Thunder Mission BC Raceway
26-27 Goodguys 25th West Coast Nationals,
Pleasanton, CA., 925.838.9876

SEPTEMBER 2011
2 Night of Fire Benefit Show Salem 503.370.9164
3 Bremerton Airport Fly-In & Car Show 360.710.3481
3 Cruise to the Country Amboy WA 360.256.5104
3 Show N Shine Stevenson WA 800.991.2338
4 Return to Pt. Gamble WA 360.598.2962
4 Show n Shine Campbell River BC 250.286.1321
4 Rumble in the Bay Show Bigfork MT
4 Fall Country Village Show Bothell 425.483.2250
4 Aldergrove Lake BC Picnic Fifty 5-6-7 604.534.2937
4 Mega Cruise East Issaquah XXX, 425.392.1266
5 FORD Fall Fest Graham WA 253.852.9344
5-25 The Puyallup Fair, Puyallup 253-845-1771 www.thefair.com/puyallup-fair
2-3 Burn the Point Classic Show Billings MT 406.248.9295
3-5 Columbia Classic Races Portland Raceway
4-5 All British Field Meet Portland 360.694.7769
9 Corvette Open House Olympia 360.754.7890
10 Horsepower @ the Harbor 360.320.2011
10 Ranchero Roundup Bend OR 360.671.7862
10 Garage + Rod Custom Show Spanaway 253.377.2525
10 Cruise Into Fall Enumclaw 360.825.6343
10 Legion Car Show Wapato WA 509.877.3982
10 Cruisin 4 R Troops Salem 503.371.1013
10 WHBA Car Show Skyway WA 206.818.4999
10 Chicken Ranch Krooz Billings MT
10 Arlington Drag Strip Reunion Show 360.435.4442
10 Classic Car Show Warden WA 509.349.2655
10 One Last Summer Fling Shoreline 206.364.7131
10 Big Sky Mopars Show Kalispell 406.250.6606
10 High Desert Swapmeet Redmond 541.548.4467
10 Octoberfest Car Show Sandy 503.668.4096
10 Masonic Cruise in Molalla OR 503.515.9042
11 Classic Car Show Edmonds WA 425.670.1496
11 Grants Pass Swapmeet 541.474.1516
11 All Ford meet Issaquah XXX 425.387.9450
11 Roadsters NW Swapmeet Graham 253.863.7765
11 Slant 6 Fall Meet Portland 503.581.2230
11 Concours d’ Elegance Kirkland 425.822.7066
11 Founder’s Day Sedro Woolley 360.855.1841
8-11 Wheels & Waves Seaside Or 503.717.1914
9-10 Fall In Lake Chelan 509.682.2366
9-10 Wheelin Walla Walla Weekend
9-10 BC Mega Ford Race & Show Mission Raceway
10-11 Run to End of the World Long Beach 360.665.3565
16 Sunshine Run Sunnyside WA car show 509.839.7678
17 Renaissance Auto Show Aberdeen 360.538.2041
17 Burn-off-Car Show Quilcene WA 360.765.4987
17 All Buick, Pontiac Olds Drags Bremerton Raceway
17 Centennial Plus Keyport WA 360.779.6563
17 Summers End Run Lacey WA 360.491.0857
17 Cruise to the Center of Ore. Prineville 541.416.1501
17 Palouse Days Show & Shine 509.878.1991
17 Fifties in the Fall Lebanon 541.451.1105
18 All Ford Show, Snohomish 425.334.4045
18 Swap & Shop Issaquah XXX 206.601.1724
18 West Seattle Junction Car Show 206.935.1212
17-18 Mt. Angel Oktoberfest Cruz Show 503.588.1932
15-18 Deuce Day Rod Run Medford 541.261.1011
15-18 Festival of Wheels Goldendale WA 509.773.3793
16-18 Cruise the Coos Show-Shine 541.888.3863
16-18 Buick Club Regional 206.795.9869
16-18 Festival of Cars Sunriver OR 503.246.8477
18-19 Pony Trails Yakima 509.494.3210
17-18 Fall Final Vintage Race Pac Raceway 425.277.3177
24 Cruise for the Cure Longview 360.425.7978
24 Brownsville Appreciation Day Bremerton 360.871.1968
24 CarsTrucksClassics & Choppers Tacoma 253.798.4000
25 Speed & Chrome Show Bellingham 360.220.3578
24 Heritage Car Show Independence OR 503.949.8751
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May Statistics Real Estate Board Greater Vancouver

FULLER SERVICE REALTY CORPORATION — Fri, 17 Jun 2011 15:14:00 GMT

Greater Vancouver housing market holds steady and favours sellers in May

Home sales remained at typical springtime levels on the Multiple Listing Service® (MLS®) in Greater Vancouver in May.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 3,377 in May 2011, a 7 per cent increase compared to the 3,156 sales in May 2010 and a 4.7 per cent increase compared to the 3,225 sales in April 2011.

Looking back further, last month’s residential sales are 8.1 per cent below the ten-year average for sales in May. The three highest selling Mays ever recorded occurred in 2005, 2006 and 2007 when sales exceeded the 4,000 mark each year.

“With a sales to actives listings ratio of 23 per cent, conditions continue to favour sellers in the Greater Vancouver housing market, but activity has eased away from the near record-setting pace we saw in March,” Rosario Setticasi, REBGV president said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,931 in May 2011. This represents a 15.4 per cent decrease compared to May 2010 when 7,014 properties were listed for sale on the MLS®, which was the second highest total for May on record. Last month’s new listings increased 1.4 per cent compared to April 2011.

At 14,656, the total number of residential property listings on the MLS® increased 2 per cent in May compared to last month and declined 16 per cent from this time last year.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months increased 6.2 per cent to $627,568 in May 2011 from $590,662 in May 2010.

“We’re seeing more activity at the high end of our market this year than we did one year ago. This is causing today’s average prices in the region to be less reflective of the total activity occurring in the marketplace,” Setticasi said. “The Housing Price Index benchmark prices are more accurate, reliable indicators of housing prices compared to averages.”

Of all residential properties sold on the MLS® in Greater Vancouver in 2011 to date 21 per cent sold for $1-million or higher and 20 per cent sold for $350,000 or lower. While 77 per cent of the properties that sold for over $1-million were located in West Vancouver, the Westside of Vancouver or Richmond, the properties that sold for $350,000 or lower were located throughout the entire Board area.

Sales of detached properties on the MLS® in May 2011 reached 1,570, an increase of 25 per cent from the 1,256 detached sales recorded in May 2010, and a 12 per cent increase from the 1,402 units sold in May 2009. The benchmark price for detached properties increased 10 per cent from May 2010 to $890,833.

Sales of apartment properties reached 1,228 in May 2011, a 9.3 per cent decrease compared to the 1,354 sales in May 2010, and a decrease of 15.8 per cent compared to the 1,458 sales in May 2009. The benchmark price of an apartment property increased 2.2 per cent from May 2010 to $407,419.

Attached property sales in May 2011 totalled 579, a 6 per cent increase compared to the 546 sales in May 2010, and a 12.8 per cent decrease from the 664 attached properties sold in May 2009. The benchmark price of an attached unit increased 3.5 per cent between May 2010 and 2011 to $517,787.

Posted: Thursday, June 2, 2011

Trouble in housing market once interest rates rise?...

FULLER SERVICE REALTY CORPORATION — Fri, 17 Jun 2011 15:04:00 GMT

Carney warns of trouble in overheated housing market once interest rates rise

VANCOUVER - Canada's housing market is entering overheated territory and many Canadians could be financially hurt once interest rates begin to rise, Bank of Canada governor Mark Carney is warning.

The central banker on took his case for moderation on Wednesday to Vancouver, the epicentre of Canada's hot housing market where he says home prices are now on par with Hong Kong and Sydney, Australia, as they relate to average incomes.

And some sectors of the market, like condos in big cities, could overshoot because of speculation from foreign investors.

The housing market is still expected to moderate, he said, but recent signals have been mixed.

Carney has been cautioning Canadians for about two year against getting overextended on mortgage borrowing, but Wednesday's speech to the Vancouver Board of Trade suggested some frustration that his words have mostly fallen on deaf ears.

The governor said he has been expecting the housing market to slow, but besides some stuttering signals, it has picked up again of late along with borrowing and mortgage credit.

Once again, Carney repeated his warning to Canadians about becoming overextended.

"It is important that it's emphasized, because it can be forgotten, that we are living in extraordinary times with interest rates that are unusually low, that the outlook for the Canadian economy, the strength of the Canadian economy, the expectations both in the medium term and sooner than the medium term, is that rates are not going to stay at these unusually low levels," he said told a later news conference.

"And so Canadians in taking on debt, or Vancouverites, more specifically, in taking on debt, need to...ensure that they can continue to service those debts comfortably in a higher-rate environment."

Carney' speech came on the day the Canadian Real Estate Association released new data showing that average resale home prices rose 8.6 per cent in May from a year ago, and that in Vancouver prices were up 25.7 per cent to $831,555.

At those levels, Carney said Vancouverites are paying 11 times family household income for a home, a multiple similar to global housing hot spots Hong Kong and Sydney, Australia.

When asked if he had any advice to young people who hope to buy a house in Vancouver, Carney responded, "Well, get a good job. That would probably be a good one. Study hard, stay in school and get a good job. How's that?"

The situation is not as dramatic in the rest of the country, but it's bad enough, he said.

He noted that it took nearly 12 years for real estate investment to regain its peak after the 1990s recession. It has taken a year and a half this time and, in fact, average home prices are now 13 per cent higher than where they stood before the 2008-2009 slump.

Carney takes some of the blame for the unprecedented run-up in prices, since the key difference between the two eras is that he drove interest rates down to historic lows in order to salvage the economy. The policy succeeded, but at a cost of driving investment from more productive outlets of the economy to housing.

But he also lays some blame on home buyers, who he implies should know better. He said some Canadians are taking on mortgages as if they believe current ultra-low rates will last forever. They won't, he warns.

"Rates will not remain at their current levels forever," he said. "(And) the impact of eventual increases is likely to be greater than in previous cycles."

A four per cent real mortgage interest rate would see home affordability in Canada fall to the worst level in 16 years, he said. The current real mortgage interest rate, which excludes inflation, is about 2.4 per cent.

Other than issuing a general alert, Carney gave few hints what he can do about it and implied that the ball is in the federal government's court to tighten borrowing requirements again if necessary.

Carney refused to comment when asked whether the government should restrict home ownership to those with Canadian citizenship.

"Obviously, if one restricts demand and takes an important element of marginal demand out of the equation there's going to be an adjustment to price," he said.

"But those type of decisions are decisions for communities to make, and they're complex decisions, and nothing should be read into our commentary about the current environment and housing, whether its in Vancouver or across the country."

"We're not weighing into that issue at all."

Finance Minister Jim Flaherty this week also expressed concern with household debt — now amounting to a record $1.5 trillion in the aggregate — and noted he has tightened mortgage requirements three times in the past three years.

Carney suggested in his speech that he will use monetary policy, or interest rate setting, to impact the inflation rate and not exclusively the housing market.

By Keven Drews, The Canadian Press | The Canadian Press – Wed, 15 Jun, 2011

How Affordable Housing Makes a Greener Vancouver

FULLER SERVICE REALTY CORPORATION — Thu, 26 May 2011 00:26:00 GMT

Want to really “green” Vancouver? Create affordable housing so families can actually live here.

The Insider: B.C. Business Broad & Fine

All the evidence says that as the Vancouver real estate bubble continues to ripple across the Lower Mainland, it's ensuring that anyone young and/or poor will never – ever – be able to afford to live here.

When anything with a roof and doors costs a million, people without that kind of money have to turn to alternatives, like apartments and the suburbs. Which means that the prices – and rent – for that kind of housing increases as well. And then, extra transportation costs are loaded on.

So who cares?

The thousands of people who supposedly are the workforce that serves all these new rich might care. They’re not just struggling, they’re stuck in a vortex of continual searching for a place to live that doesn’t suck up 80 per cent of their income.

These families are not eating in all those fancy restaurants that have sprung up to serve the new rich. They’re not buying the appliances and all the other things that serve the housing industry. They’re not supporting the economy like they’re supposed to. They’re barely surviving.

Meanwhile, the city council has finally realized that family housing isn’t affordable here any more. So it claims it’s going to do something about it.

I doubt it.

In Vancouver, “affordable housing” usually means social housing in the Downtown East Side. The city responds to those vociferous and noisy social advocates in the area by building housing for the most disadvantaged.

Nothing wrong with that – in fact it’s laudable. But it usually stops there. They’re not building housing for the majority who need it.

So, if authorities are truly intent on creating affordable housing, some radical change in thinking is needed.

They have to lose the thinking that rental means bad, ownership is good. Most cities in the world have larger components of renters than owners.

They have to densify considerably. This is a much bigger city now and people have to get off the concept that they have a right to own a house with a lawn and garden 15 minutes from downtown.

They have to get creative about encouraging the building of more rental housing. Anything built today is a complex full of tiny condos, because developers make more money that way. So make it worth their while to build rental housing.

We'd better address this problem now, because it’s only going to get worse. While it may seem nice for the collective ego to have a city of the rich, it’s not very intelligent from an economic point of view.

Seems to me that one of the best ways to “green” this city is to create housing for the people who have to work here.

http://www.bcbusinessonline.ca/bcb/bc-blogs/insider/2011/05/19/how-affordable-housing-makes-greener-vancouver