Adam Lloyd RE/MAX Advantage : Latest Blog Posts

Great investment property in downtown New Westminster, 1 bedroom and Den under $330,000

Mon, 07 May 2012 06:43:46 GMT

****WELCOME TO THE QUANTUM @ 1202-39 6th St NW**** Reduced by 10K. New Price $325,000.

** OPEN HOUSE Sat May 5th 12:00-2:00 PM and Sun May 6th 12:00-1:30PM

- New West's most desirable Concrete Highrise. Contemporary Residence built in 2008 by BOSA.

- UNOBSTRUCTED Water and Mountain Views from Every Room!

- 12th Floor 1 BED and DEN features an open floor plan, cozy FIREPLACE and Master w/cheater en-suite.

- Kitchen with granite counters & breakfast bar, dual sinks & Stainless Steel Appliances with Gas Stove.

- Large Balcony and use of a ROOFTOP DECK with playground! And a Fully Equipped Gym and Sauna!

- Convenient D/T location steps to Skytrain, the River Market and vibrant Columbia St w/an abundance of shops and restaurants!

- 2 Pets Permitted and No Rental Restrictions! Quick Possession Available!

Check out www.adamlloyd.ca or click on the link http://adamlloyd.ca/mylistings.html/details-24167234

Got A SMARTPHONE? TEXT "ADAM2" to 57000 for an Instant Mobile Feature Sheet.

Can't make it to the OPEN HOUSE? Call Adam Lloyd, Re/Max Advantage 604.526.2888 to view.

EXTRAORDINARY! One of the finest custom built homes I have had the pleasure of viewing! 3 Level, 319

Sat, 28 Apr 2012 16:34:59 GMT

EXTRAORDINARY! One of the finest custom built homes I have had the pleasure of viewing! 3 Level, 3194 sqft 5 BED, 6 BATH home w/4 beds upstairs, 2 Ensuites and 2 walk-in closets. Beautifully landscaped front and back yard with a stamped concrete pathway. Luxurious finishings through out the home are evident the moment you step into the Grand Foyer. Feats a Formal Dining and Living Room w/coffered ceilings, complimented by a soothing floor to ceiling stone fireplace and picture windows. Sensational chef's kitchen with high-end S/S appls, granite counters and centre island and custom cabinetry. Below is a spectacular rec room w/Bar and Media Centre. Beside Robert Burnaby Park!

East Burnaby 1/2 Duplex, Over 2000 sqft, 4 bedrooms, 3 Bathrooms, 1 bedroom suite

Fri, 27 Apr 2012 23:37:05 GMT

WELL MAINTAINED! Spacious 2008 sqft 4 Beds, 3 Baths and 2 Kitchens 1/2 DUPLEX with all the benefits of a detached home! Desirable floorplan with 3 generous size bedrooms with window seating and picture windows on the main and a self contained mortgage helper on the bottom. Bright and spacious home w/high ceilings, an expansive living room and super clean kitchen recently reno'd with new appls and gleaming glass tile backsplash. Master w/En-Suite feats a skylight and a jetted tub. Very large and private South Facing fenced backyard w/garage and back lane access. Convenient location minutes to great schools, transit, recreation and easy access to all major routes. *OPEN HOUSE Sunday Apr 29th 2:30-4:30*

LUCRATIVE REVENUE PROPERTY! 3300 sqft, 3 LEVEL

Wed, 25 Apr 2012 16:42:00 GMT

LUCRATIVE REVENUE PROPERTY! 3300 sqft, 3 LEVEL, 6 Bed, 6 Bath, 3+ Kitchen home bordering Upper Deer Lake. Spacious and renovated home with mortgage helper is perfect for extended families or a fantastic investment opportunity which generates $4755 per month. Situated in a family oriented neighbourhood close to schools, shopping and recreation. 5 minutes to Metrotown and easy access to Vancouver and all major routes. Priced very close to Assessed Value. ACQUIRE TODAY!

Picture perfect for the smart investor or first time buyer

Mon, 21 Feb 2011 16:24:02 GMT

Picture perfect for the smart investor or first time buyer! Beautifully renovated 1 bedroom corner unit with cheater ensuite features oak hardwood and granite tile flooring and a large in-suite laundry room! Very functional floor plan with generous room sizes. Living room opens up to the private, south facing balcony - perfect for outdoor entertaining! Great location minutes to Skytrain, Douglas College and a variety of restaurants and shops. AGNES TERRACE is a well managed, pet friendly, wheel chair accessible, RAINSCREENED building. Rentals currently available.www.adamlloyd.ca

GUILDFORD MARQUIS - Surrey's most desirable CONCRETE Highrise! Immaculate and tastefully decorated

Mon, 21 Feb 2011 16:22:36 GMT

It is my pleasure to present the GUILDFORD MARQUIS - Surrey's most desirable CONCRETE Highrise! Immaculate and tastefully decorated 2 Bed, 2 Bath suite with 2 parking spots. Features gleaming laminate floors, crown mouldings and baseboards throughout. Entertainment size balcony with spectacular city and mountain views! www.adamlloyd.ca

Best priced 2 bed, 2 full bath FULLY RAINSCREENED condo

Mon, 21 Feb 2011 16:20:55 GMT

Best priced 2 bed, 2 full bath FULLY RAINSCREENED condo with IN-SUITE laundry in Uptown NW! Brand new kitchen counter tops, laminate in the living room and newer carpets in the bedrooms. Hot water tank replaced in 2009. Spacious master bed with ensuite. Good size balcony off the living room. Regent Court is a small, well run, low rise building located on a quiet tree lined street yet minutes to transit and Skytrain. Super low maintenance fees. 2 rentals currently permitted. Must see! www.adamlloyd.ca

January market Stats Released February 2, 2011

Mon, 07 Feb 2011 21:47:56 GMT

Stability and regional ‘hot spots’ characterize

January housing market

VANCOUVER, B.C. – February 2, 2011 –

The Greater Vancouver housing market remained in balanced market conditions

in January, although higher levels of buyer demand were seen in some of the region’s largest communities.

The number of properties listed for sale and those sold on the Multiple Listing Service® (MLS®) last month outpaced the

10-year average in both categories for January.

“There was a healthy balance between the number of home buyers and sellers in our market in January, but there’s always

variation in activity from region to region,” said Jake Moldowan, president of the Real Estate Board of Greater Vancouver

(REBGV). "We’re seeing strong sellers’ market conditions in areas like Richmond and the west side of Vancouver.”

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price of detached homes increased 22.6 per

cent in Richmond and 12.2 per cent in Vancouver West. In comparison, detached home prices across the region increased 2.7

per cent over the same period.

“When you’re looking to buy or sell a home, it’s important to familiarize yourself with the wider trends in the market. It’s

equally important to seek out knowledge of your local area so you understand current market conditions in your neighbourhood,”

Moldowan said

Looking across the region, the REBGV reports that residential property sales in Greater Vancouver reached 1,819 on the

MLS® in January 2011. This represents a 4.2 per cent decline compared to the 1,899 sales recorded in December 2010, a

decrease of 5.4 per cent compared to the 1,923 sales in January 2010 and a 138.7 per cent increase from the 762 home sales in

January 2009.

From a historical perspective, January’s 1,819 homes sales slightly surpassed the 1,790 home sale average recorded in the

region over the last ten years.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,801 in January 2011. This

represents a 6.7 per cent decrease compared to January 2010 when 5,147 properties were listed, and a 182 per cent increase

compared to December 2010 when 1,699 homes were added to the MLS® in Greater Vancouver.

At 10,438, the total number of residential property listings on the MLS® increased 5.8 per cent in January compared to last

month and increased 2.2 per cent from this time last year.

Sales of detached properties on the MLS® in January 2011 reached 793, an increase of 12.5 per cent from the 705 detached

sales recorded in January 2010, and a 171.6 per cent increase from the 292 units sold in January 2009. The benchmark price

for detached properties increased 2.7 per cent from January 2010 to $810,045.

Sales of apartment properties reached 713 in January 2011, a decline of 20.8 per cent compared to the 891 sales in January

2010, and an increase of 97.5 per cent compared to the 361 sales in January 2009.The benchmark price of an apartment

property increased 1.4 per cent from January 2010 to $390,935.

Attached property sales in January 2011 totalled 313, a decline of 4.3 per cent compared to the 327 sales in January 2010,

and a 187.2 per cent increase from the 109 attached properties sold in January 2009. The benchmark price of an attached unit

increased 2.6 per cent between January 2010 and 2011 to $495,140.

For More information on the market feel free to call me: 604-787-4691

Adam at Remax

HOT DEAL!!! 1 BEDROOM CONDO UNDER $180,000

Thu, 27 Jan 2011 00:26:02 GMT

Great value for a FULLY RAINSCREENED 1 bedroom condo with In-Suite Laundry in Uptown NW! Regent Court is a small, well run, low rise building located on a quiet tree lined street yet minutes to Transit and Skytrain. Clean, bright and spacious ABOVE GROUND suite with a dishwasher features new laminate floors, a new washer and dryer and fresh neutral paint. Great open layout, good size master bedroom and super low maintenance fees. Hurry to view!

The Government Takes Action to Support the Long-Term Stability of Canada's Housing Market.

Mon, 17 Jan 2011 23:53:58 GMT

January 17, 2011- The government of Canada implemented some further changes with regards to mortgages effective March 18th. Here are 3 key points:

A 30-year maximum amortization (down from 35-year) on mortgages over 80% LTV. This means higher mortgage payments for your clients, it will be more difficult to approve them, and they will qualify for less.

An 85% LTV limit (down from 90%) on refinances. Clients who are looking to refinance for any reason won’t be able to extract as much equity as they can under the current guidelines.

Elimination of secured lines of credit (HELOCs) on mortgages over 80% LTV.

If you have any questions feel free to call me directly at 604-787-4691

A News Release from the REBGV

Fri, 07 Jan 2011 14:15:57 GMT

Wednesday, January 5, 2011

The Greater Vancouver residential housing market entered three distinctive phases in 2010. Continued buoyancy from the post-recession recovery began the year, followed by a summer lull and, throughout the fall, a sustained period of stability.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2010 reached 30,595, a 14.2 per cent decrease from the 35,669 sales recorded in 2009, but a 24.2 per cent increase from the 24,626 residential sales in 2008. Last year’s number of housing sales was 10.3 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 9.7 per cent in 2010 to 58,009 compared to the 52,869 properties listed in 2009. Compared to 2008, last year’s total represents a 7.3 per cent decline compared to the 62,561 residential properties listed in 2008. The number of properties added to the MLS® peaked in April and generally declined for the remainder of the year.

“The last two years have been a bit of a rollercoaster for the real estate market. However, sales over the past six months have definitely shown a trend toward stability. We think that’s good news for home buyers and sellers,” Jake Moldowan, REBGV president said. “The Greater Vancouver housing market experienced a modest increase in home prices in 2010, and a continual decrease in the number of properties being listed for sale.”

Residential property sales in Greater Vancouver totalled 1,899 in December 2010, a decrease of 24.5 per cent from the 2,515 sales recorded in December 2009—an all time record for the month—and a 24.3 per cent decline compared to November 2010 when 2,509 home sales occurred.

More broadly, last month’s residential sales represent a 105.5 per cent increase over the 924 residential sales in December 2008, a 0.1 per cent increase compared to December 2007’s 1,897 sales, and a 12.6 per cent increase compared to the 1,686 sales in December 2006.

The residential benchmark price, as calculated by the MLSLink Housing Price Index®, for Greater Vancouver increased 2.7 per cent to $577,808 between Decembers 2009 and 2010. However, prices have decreased 2.6 per cent since hitting a peak of $593,419 in April 2010.

“Although we saw some pressure on home prices throughout the year, home values in 2010 remained relatively steady in the region compared to the last few years when we witnessed much more fluctuation,” Moldowan said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,699 in December 2010. This represents a 21.1 per cent decline compared to the 2,153 units listed in December 2009 and a 43.9 per cent decline compared to November 2010 when 3,030 properties were listed.

Sales of detached properties in December 2010 reached 769, a decrease of 14.8 per cent from the 902 detached sales recorded in December 2009, and a 121.1 per cent increase from the 348 units sold in December 2008. The benchmark price for detached properties increased 4.0 per cent from December 2009 to $797,868.

Sales of apartment properties reached 811 in December 2010, a decline of 29.7 per cent compared to the 1,154 sales in December 2009, and an increase of 94.5 per cent compared to the 417 sales in December 2008.The benchmark price of an apartment property increased 1.2 per cent from December 2009 to $387,115.

Attached property sales in December 2010 totalled 319, a decline of 30.5 per cent compared to the 459 sales in December 2009, and a 100.6 per cent increase from the 159 attached properties sold in December 2008. The benchmark price of an attached unit increased 2.7 per cent between December 2009 and 2010 to $490,869.

The real estate industry is a key economic driver in British Columbia. In 2009, 35,669 homes changed ownership in the Board's area, generating $1.49 billion in spin-off activity. The total dollar volume of residential sales transacted through the MLS® system in Greater Vancouver totalled $21.19 billion in 2009. 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®.

331 Cumberland Street

Tue, 04 Jan 2011 22:00:00 GMT

Great room feats 9 foot coffered ceilings,custom built limestone fireplace, laminate floors and extensive use of crownmouldings through out.Spacious antique white kitchen w/granite counters and breakfast bar complimented by custom tiled backsplash and flooring and HighEnd Samsung Appliances!No expense spared in the finishings!Upstairs has 3 beds,lower floor has 4 beds & 2 full baths with 2 separate entrances.Low maint fenced back yard w/2 balconies! Detached double garage w/parking pad for addl parking.Easy access to transit,Skytrain and all major routes!

8391 11th Ave Burnaby

Tue, 04 Jan 2011 02:06:00 GMT

Take a look at this house in burnaby. Floor plans and pictures are on my website

www.adamlloyd.ca

Beautifully renovated 3000 sq ft family home. Desirable 3 beds and 2 baths on the main floor and 3 beds and 1 bath below. Featuring a brand new open concept kitchen with new cabinetry and granite counter tops. Recent updates include laminate floors in the main, crown mouldings and baseboards thru-out, 2 separate laundry areas, newly painted interior and exterior and a new Roof. Master bedroom w/ensuite and walk-in closet. Self contained suite downstairs currently rents for $1400 per month. Nicely landscaped front and backyard. 2 separate single garages. Large 51 x 141 flat lot. Great family neighbourhood on quiet street close to schools and transit with easy access to all major routes! Spectacular value!

Sales in December 2010

Tue, 04 Jan 2011 01:50:00 GMT

Since December 1, 2010, there have been 15 Detached Homes sold in New Westminster.

Since December 1, 2010, there have been 40 Condos, Townhouses and Duplexes sold in New Westminster.

As always, I will be happy to give you a free home evaluation and talk to you about the latest market information any time! Call Adam Lloyd 604-787-4691.

Adam Lloyd, yourNew Westminster Real Estate Expert!