Booming Business busting Illegal Airbnb rentals
Interesting article about a company making a business out of exposing illegal airbnb rentals. I wonder if any local strata buildings could use some of this help.
https://www.thestar.com/business/2019/09/02/business-is-booming-for-company-that-locates-airbnb-rentals.html
Summer of family, golfing & Deals
this summer was great, spent lots of time with my family enjoying some weddings, beach parties and more. I Love / Hate but mostly love Golf, played a lot over the summer "perfecting" the swing. Despite all this fun it was still a busy market, through hard work i was able to sell not 1 but 2! luxury new homes in Richmond over 3.5 Million among other listings.
This market is opportunistic, make sure to do lots and lots of Research to know the current and future trends when it comes to Investing in Real Estate OR just call me and i can take care of you :)
Real Estate Today: Buy High & Sell Low?
Looks like its finally affecting the condo prices in Vancouver. This one was listed for $599K and sold for $109K under listing price.
https://bc.ctvnews.ca/condo-listed-for-599k-sells-for-490k-as-prices-droop-in-vancouver-1.4569615
This is an example of a market balancing itself out. Perhaps it's time to look at opportunities like vultures. Real estate cycles go up and down every 8-10 years. We're starting to see buying opportunities.
Home prices across Canada are on a steady decline as you can see from Zoocasa inforgraphics. You can read more of it here: https://www.zoocasa.com/blog/crea-july-2019/
There is great buying opportunities very shortly. In certain places like Calgary though, it is now a seller's market there instead of a buyers market.
This opportunity won't last folks.
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