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Foreign Real Estate Tax. Zero Effect on Vancouver Condo Market

April 12th, 2017, Owen Bigland

In this blog I talk about how the Foreign Buyers Tax has had zero effect on the Vancouver Condo & Townhouse Market As a matter of fact, prices are now hitting new all time highs every day. Inventory remains at record low levels and there are 3 or 4 buyers for every unit. Now that Spring is here I also want to do my annual “Spring Selling Tips” and how critical it is to hire a listing and marketing expert to list and sell your home.
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Posted in Video Blog

Downtown NW Open House!

April 9th, 2017, Owen Bigland

We are proud to announce that this Apr 9th, 12:00 PM to 12:00 PM we will be hosting an Open House at 31 ELLIOT STREET in the Downtown NW neighborhood, New Westminster. This is an opportunity to visit this excellent Condo for sale in beautiful Downtown NW.Please come with any questions you may have. In the meantime you can take a virtual tour of this Downtown NW Condo for sale.As always please do not hesitate to give me a call at 604 889-1118 if I can answer any questions before the open house, or if you would like to book a private showing.Owen BiglandMacdonald Westmar
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Posted in Listings

Downtown NW Open House!

April 9th, 2017, Owen Bigland

We are proud to announce that this Apr 9th, 2:00 PM to 4:00 PM we will be hosting an Open House at 31 ELLIOT STREET in the Downtown NW neighborhood, New Westminster. This is an opportunity to visit this excellent Condo for sale in beautiful Downtown NW.Please come with any questions you may have. In the meantime you can take a virtual tour of this Downtown NW Condo for sale.As always please do not hesitate to give me a call at 604 889-1118 if I can answer any questions before the open house, or if you would like to book a private showing.Owen BiglandMacdonald Westmar
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Posted in Listings

14231 WESTMINSTER HIGHWAY, Richmond, BC

April 8th, 2017, Owen Bigland

I just finished uploading this House for sale, 14231 WESTMINSTER HIGHWAY, Richmond, BCGreat investment! 2- Level 3 - Bedroom, 2 Bathroom home on 1.4 Acres of land. Approx 99 ft frontage on Westminster hwy x 615 ft depth zoned AG1. Many options with this property. Close to shopping and transit. Easy access to Knight Street and HWY 99. Enjoy country living within the city. Offers subject to probate.
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Posted in Listings

Are We At The Top Of The Market? Vancouver Real Estate.

April 5th, 2017, Owen Bigland

We have yet another top caller in the Vancouver Real Estate market. The US based ratings agency Fitch, just came out with a report saying that Vancouver Real Estate Market has been driven by strong local and foreign demand as well as low interest rates. No Kidding! tell me something else I don’t know. They are calling for the Vancouver market to eventually correct saying this kind of price appreciation is unsustainable in the long term. And people pay these guys for this kind of insight! Calling for Vancouver prices to eventually fall is like predicting we're going to have rain this Spring. It also reminds me of the old Wall St saying about top callers.  Top callers are never wrong... they're just early!  Also in this blog ...I talk ...
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Posted in Video Blog

903 31 ELLIOT STREET, New Westminster, BC

April 5th, 2017, Owen Bigland

I just finished uploading this Condo for sale, 903 31 ELLIOT STREET, New Westminster, BCFULLY RENOVATED. Concrete 2 bedroom 2 full bathroom. Bright open concept kitchen and living room with spectacular views of the river and mountains. New appliances, quartz countertops, custom tile blacksplash. Brushed oak engineered hardwood flooring. New washer and vented dryer. Building has just completed substantial renovation project. New windows (2016) balconies, exterior paint ,lobby and canopy entrance. Electrical and re-piping (2012) Roof (2005) Includes 2 parking spaces and storage locker. Tremendous value here! Fantastic location close walk to skytrain, shopping and entertainment. OPEN HOUSE APRIL 8TH & 9TH 2-4PM.
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Posted in Listings

My New Book: A Guide on How To Make Your Money Work For You

March 28th, 2017, Owen Bigland

  My much anticipated new book “Along for the Ride. Getting your money working for you through real estate and stock" is now available on Amazon.ca (http://bit.ly/Owen_Bigland) and Amazon.com (http://bit.ly/OwenBigland_us) in both paperback and digital (Kindle) Below is the official press release Press Release - “Along for the Ride” “Outraged by Vancouver’s “Lazy” Real Estate Millionaires? Think Again, Says Owen Bigland”---------------------------------------------------------- VANCOUVER, BC. - March 20, 2017 - In recent years, Vancouver has seen the rise of a new controversial group. These are the so-called “lazy” millionaires. People who have made their millions just by owning property during Vancouver’s real estate boom. Havin ...
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Posted in Video Blog

Viewer Mailbag: Buying An Investment Unit in Whalley, Surrey

March 24th, 2017, Owen Bigland

Recently I have had several viewers ask me my opinion on buying an investment unit in the Whalley area of Surrey. My advice would be: If you’ve done your homework on the numbers, and you’re willing to buy and put a tenant in there for the long haul (ie 10, 15, 25 years or more), then go for it. You just can’t lose on that type of long term buy and hold strategy. With 20% down your tenant’s rent check every month will be enough to cover your interest payment on the mortgage, your maintenance fees, property taxes and repairs and at the current 2.3% 3 year mortgage interest rate, most of your principal payments as well. An area that I have been bullish on and selling to a lot of first time buyers and investors is New Westminster. Right ...
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Posted in Video Blog

2506 950 CAMBIE STREET, Vancouver West, BC

March 24th, 2017, Owen Bigland

I just finished uploading this Condo for sale, 2506 950 CAMBIE STREET, Vancouver West, BCPACIAC PLACE LAND MARK with spacious floor plan, 1081 sqft. 2 bdrm/2 bath+ den (possible 3rd bdrm)
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Posted in Listings

$1200 Per Square Foot For East Van Pre Sale Condo

March 16th, 2017, Owen Bigland

Sometimes markets and neighbourhoods can get a little ahead of themselves. That’s what I’m seeing on a new pre-sale development near the Kingsgate mall on East Broadway. They currently are offering 1 bed/1bath units at 619 sq ft for $728,900. When you add GST and PTT that’s $778,000. That comes in at over $1200 a sq foot. At that price you could take your pick of a number of quality 1 bedroom units in much more established West side neighbourhoods like the West End or Kits or Downtown Vancouver. In the past there was a much larger gap in prices between the West side and East side however over the past 2 years that gap has narrowed. With this current pre-sale price there is virtually no difference in price between East and West. In m ...
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Posted in Video Blog
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Owen Bigland

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