Is Finding That Dream Home A Possibility?

Firstly, what is a dream home? ..and what does “the Dream” consist of? There is an old (mid last Century) song that contains the line “that’s what happiness is”. Don’t know who sang it – never admit to that BECAUSE there will always be a member of a younger generation who will say (“who”?) thereby defining you as ‘old’!!!  [although it does seem to have a distinctly ‘Doris Day-ish’ quality]  and… who was Hayley Mills? Dashed if I know!  Happiness … is that what achieving the Dream means? Did Mom and Dad find their’s in that 1 bedroom rental above the laundromat? OK – enough questions already!

The answer would appear to be that the “Dream” evolves as we evolve. Attaining a goal does not preclude setting one’s sights on the next one! For our offspring to afford anything but the more meagre homes in Vancouver without parental/family  assistance will be a challenge going forward. London, New York and Paris have faced similar challenges that have prompted the modification of goals or, alternatively, a scaling down of the dream. I do not intend to stir up a storm of conflict but sometimes we have to deal in some part with the concept of “sense of entitlement”. That Vancouver is one of the more precious gems in this planet collection or if you prefer, ‘brighter stars in the sky’, are somewhat of a truism. At the risk of waxing Shakespearian we have to either pursue the dream or decide on an alternative reality, these are the questions.

I proposed last Update that it might be premature using that Update’s heading (‘Most active year ever’) at the beginning of the 8th month of the year. Seems from comments, texts and conversations – that a number of colleagues/ other Realtors, appraisers, inspectors, conveyancers etc concur based on their activity levels, with the headline. The 8th month’s performance, too, corroborates. 4 mths to go – will the activity continue?

September 2015 Podcast

North Shore Real Estate Radio

On an ongoing basis I pledge both my continued personalized service and a commitment to my reduced  business ecological “footprint”. A significant part is the radio (podcast) library which I’m continually creating.

All North Vancouver Real Estate “Updates”, reports and information articles, checklists etc. will be archived on my website and available for download or desktop listening 24/7. You can access the information you seek when the spirit moves and not when someone pushes yet another flyer into your mailbox. I am most excited about these developments. Input as to the topics for “programming” you feel would be of interest is strongly sought. Please e-mail. This email address is being protected from spam bots, you need JavaScript enabled to view it or call me 604 988-7368 and 1-800-665-1455.

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September 2015 Numbers

And now that we have 2/3 rd of 2015 results to compare with 2/3 rd of 2014 our data is significantly more meaningful! North Van detached homes sold are up 17% from last year, attached (t/hses) up from last year by 43% and apartments up 45%. The detached median price is up 20% and inventory is down 6% from 2014. Median prices (t/hses) up 2% and down 8% for (apts). Inventory (t/hses) down 36% from August 31st 2014 and (apt) up 7% from last year for the same date.

In West Van, detached number of sales YTD for Aug 31st 2015 is up by 32% from last year at that time. Median price of what has sold is up 14% from last year and inventory now up 14% from Aug 31st 2014. On the condo side, attached (t/hses) sold by Aug 31st 2015 are up 55% from 2014. Active listings are unchanged year over year. Apartments reflect 135 sold in 2015 vs. 118 in 2014 (up 14%) – median price now up 3% and active listings down 1% from Aug 31st 2014.