Geordie Moski

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News Release        

FOR IMMEDIATE RELEASE:

 

Property sales strengthen in current market cycle

 

VANCOUVER, B.C. – April 2, 2009 – The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.

 

Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Metro Vancouver for the month, a 53 per cent increase over February but a 24.4 per cent decrease over March 2008, when 2,997 sales were recorded.

 

Since 1999, March sales have increased 31 per cent, on average, over the month of February. March 2009 marks the second consecutive month that sales have outperformed the ten-year average for this month-over-month comparison.

 

There’s more confidence in the housing market today than we were seeing late last year. Sales activity is rising to more typical levels given the season, and the number of homes being listed for sale is levelling off,” said Scott Russell, president of the Real Estate Board of Greater Vancouver (REBGV).

 

New residential listings on the MLS® declined 22 per cent in March 2009 to 4,385 compared to March 2008. This is the fifth month in a row that new listings have decreased year-over-year and the third consecutive month where those declines exceeded 20 per cent.

 

Despite these trends, total active listings at the end of March 2009 had still reached14,579, a 19 per cent increase compared to the end of March 2008.

 

“REALTORS® are seeing an increasing level of interest from first-time buyers who are attracted to low interest rates, good supply of housing, greater affordability, and a considerably lower overall cost of servicing a mortgage compared to recent years,” Russell said.

 

Sales of detached properties in March 2009 declined 19.6 per cent to 897 from the 1,116 units sold during the same period in 2008. The benchmark price, as calculated by the MLSLink Housing Price Index®, for detached properties declined 15.1 per cent from March 2008 to $649,342.

 

Sales of apartment properties declined 28.8 per cent last month to 976, compared to the 1,370 sales in March 2008. The benchmark price of an apartment property declined 13.5 per cent from March 2008 to $337,099.

 

Attached property sales in March 2009 decreased 23.3 per cent to 392, compared with the 511 sales during the same month in 2008. The benchmark price of an attached unit declined 11.2 per cent between March 2008 and 2009 to $420,563.

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We are proud to announce that this Sunday, March 1, 2009, 2:00 PM to 5:00 PM we will be hosting an Open House at 625 HAMILTON Street , in Casa del Sol in Uptown NW, New Westminster. This is an opportunity to visit this excellent Condo for sale in beautiful Uptown NW.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Uptown NW Condo for sale.

As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.

Geordie Moski
Prudential Sterling Realty

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We are proud to announce that this Sunday, February 22, 2009, 2:00 PM to 5:00 PM we will be hosting an Open House at 495 WEST 6th Avenue , in LOFT 495 in Cambie, Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Cambie.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cambie Condo for sale.

As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.

Geordie Moski
Prudential Sterling Realty

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We are proud to announce that this Saturday, January 31, 2009, 1:00 PM to 4:00 PM we will be hosting an Open House at 1040 East Broadway , in Mariner Mews in Mount Pleasant, Vancouver. This is an opportunity to visit this excellent Condo for sale in beautiful Mount Pleasant.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Mount Pleasant Condo for sale.

As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.

Geordie Moski
Prudential Sterling Realty

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I just finished uploading this Condo for sale, 315 1040 East Broadway, Vancouver, BC

This bright, spacious and quiet 1 Bedroom home at Mariner Mews has a large South facing Balcony so as to allow your enjoyment of the outdoors without the noise of Broadway. Great location, you are only steps to Skytrain and transit. No need to worry about this building. Mariner Mews has undergone extensive renovation, including Rain Screening completed Spring 2008 with a 2/5/10 Warranty. The Siding, Balconies, Windows and Roof were all done during the renovation. The unit has laminate and hand set European tile flooring. Comes with 1 parking stall and 1 storage locker. Very comfortable corner unit. At Mariner Mews you are close to everything, you can be anywhere almost instantly!

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PREA Ranked Highest For Seller Satisfaction

 JD Power

By now you've probably heard that Prudential Real Estate ranked "Highest in Overall Satisfaction for Home Sellers among National Full Service Real Estate Firms" in J.D. Power and Associates' 2008 Home Buyer/Seller Study. Of course, we are very proud of this distinction, as it underscores the quality of our affiliate companies and their hard-working sales professionals. We also realize the extensive marketing opportunities presented by this distinction. Accordingly, we've negotiated complete marketing rights for the study and for our favorable ranking. Prudential Real Estate has exciting plans to promote this distinction in a variety of venues and media. Likewise, each Prudential Real Estate affiliate will be able to display the J.D. Power and Associates trophy and award language on their advertisements, websites, business collateral and much more. J.D. Power and Associates maintains strict standards regarding the use of its name, the trophy, the survey results, and our ranking in the survey, and it is imperative that we promote this honor in accordance with those standards. Marketing guidelines and a virtual toolbox of marketing materials and press communication customized for this announcement will be available on PREA Center Aug. 25. Until then, please refrain from creating any related marketing materials or otherwise communicating our survey ranking.

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It is just around the corner.  Fairview's jewel is just about ready, Loft 495 with 11.5 foot ceilings and a fantastic location looks to begin completion soon.  If you are on the sidelines thinking about buying in before the prices go up Now is the time, because tomorrow could be too late. To see the only real Video footage of LOFT 495 click http://www.vopenhouse.ca/vid/2941_W6th/.  Sit back and enjoy and imagine living, playing and working in such a fabulous location within the most beautiful city in the world.  Call me now for information on this or other units available in Vancouver's latest Jewel
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News Release FOR IMMEDIATE RELEASE: Month-over-month housing prices retreat from record highs VANCOUVER, B.C. – Aug 5, 2008 – As property listings continue to outpace sales, Greater Vancouver housing prices have drawn back, the last two months, from the record highs experienced in early 2008. Since May 2008, housing prices, as calculated by the MLSLink Housing Price Index®, across each residential category have declined. Detached properties in Greater Vancouver declined 2.3 per cent through June and July 2008, while attached were down 1 per cent and apartment properties 2 per cent over the same period. The overall benchmark price for all residential properties in Greater Vancouver has declined 2.1 per cent since the end of May 2008, from $568,411 to $556,605 in July 2008. “We’re seeing more price reductions in properties listed on the market, which is having a levelling impact on the housing price increases experienced at the end of last year and into the first quarter of 2008,” said Real Estate Board of Greater Vancouver (REBGV) president, Dave Watt. “There was a slight decline in the total active listings on the market in July compared to June, which is a welcomed departure from recent trends.” Residential property sales in Greater Vancouver declined 43.9 per cent in July 2008 to 2,174 from the 3,873 sales recorded in July 2007. New listings for detached, attached and apartment properties increased 24 per cent to 6,104 in July 2008 compared to July 2007, when 4,924 new units were listed. Sales of detached properties in July 2008 declined 44.2 per cent to 827 from the 1,483 units sold during the same period in 20070. The benchmark price for detached properties is up 5.4 per cent from July 2007 to $753,165. Sales of apartment properties declined 42.3 per cent last month to 966, compared to 1,674 sales in July 2007. The benchmark price of an apartment property increased 4.7 per cent from July 2007 to $381,687. Attached property sales in July 2008 decreased 46.8 per cent to 381, compared with the 716 sales in July 2007. The benchmark price of an attached unit increased 5.7 per cent between July 2007 and 2008 to $473,953.
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Market activity offers awaited relief for homebuyers VANCOUVER, B.C. – July 3, 2008 –Increased property listings and moderating home prices have eased the Greater Vancouver housing market into a buyer’s phase. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 42.9 per cent in June 2008 to 2,425 from the 4,244 sales recorded in June 2007. New listings for detached, attached and apartment properties increased 18.3 per cent to 6,546 in June 2008 compared to June 2007, when 5,533 new units were listed. “Although housing prices, on a year-over-year comparison, continue to show single-digit percentage increases, we are beginning to see more price reductions in properties listed on the market today,” said REBGV president, Dave Watt. “Homes priced at a competitive level continue to sell quickly, but it is important for people to accurately identify their home’s value when putting it on the market.” Sales of detached properties in June 2008 declined 43.4 per cent to 918 from the 1,623 units sold during the same period in 2007. The benchmark price, as calculated by the MLSLink Housing Price Index®, for detached properties rose 7 per cent from June 2007 to $765,654. Sales of apartment properties declined 42.7 per cent last month to 1,057, compared to 1,846 sales in June 2007. The benchmark price of an apartment property increased 7.8 per cent from June 2007 to $388,722. Attached property sales in June 2008 decreased 41.9 per cent to 450, compared with the 775 sales in June 2007. The benchmark price of an attached unit increased 7.6 per cent between June 2007 and 2008 to $476,585. Bright spots in Greater Vancouver in June 2008 compared to June 2007: Apartments: New Westminster up 46.2 per cent (19 units sold from 13) The Real Estate industry is a key economic driver in British Columbia. In 2007, 38,050 homes changed hands in the Board's area generating $1.065 billion in spin-offs. Total dollar volume of residential sales set a new record at $22.25 billion and total dollar volume of all sales set a record at $22.77 billion. The Real Estate Board of Greater Vancouver is an association representing more than 9,600 REALTORS®. The Real Estate Board provides a variety of membership services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit www.realtylink.org.
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B.C. home owners protected against title fraud

 

      In light of recent articles in The Vancouver Sun regarding the issue of title and mortgage fraud in B.C., the B.C. Land Title and Survey Authority (LTSA) emphasizes that such cases are extremely rare because strong protections are in place in this province.

      The LTSA reports that over the past 18 years, the land title system processed 15 million transactions. During this time, two claims related to land ownership fraud were successfully resolved and only 14 claims related to mortgage fraud had been filed.

      The LTSA is not only legally obligated to confirm ownership every time a property is sold, mortgaged, leased or statutory rights of way are created, additional protection is provided through an assurance fund. That fund compensates owners deprived of their title either because of an LTSA administration error or identity theft/fraud.

      The LTSA adds that if a property owner feels their land holdings are at risk, there are simple steps to provide additional protection such as an automatic email service to your notary or lawyer when activity shows on your title.

      Alternatively, homeowners could also order a duplicate certificate of title for their own records, at a cost of approximately $50. Title could not be transferred without that document. While this provides protection, it also causes problems when such documents are lost or misplaced.

      LTSA is unaware of any cases in B.C. that required an innocent owner to pay off a fraudulently obtained mortgage on their property. Typically, when a bank asks a homeowner to pay for title insurance on a mortgage, that insurance protects the lending institution, not the home owner. However, separate insurance may be purchased that protects the owner’s equity in the property.

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We are proud to announce that this Sunday, June 1, 2008, 1:00 PM to 4:00 PM we will be hosting an Open House at 2454 East 27th Avenue in Collingwood, Vancouver. This is an opportunity to visit this excellent House for sale in beautiful Collingwood.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Collingwood House for sale.
As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.
Geordie Moski
Prudential Sterling Realty

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I just wanted to let evereyone know about this fantastic opportunity to own @ LOFT 495 only 388,800.00 on assignment.  Wait too long and you will pay more. Call or email for details
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We are proud to announce that this Sunday, April 13, 2008, 2:00 PM to 4:00 PM we will be hosting an Open House at 7077 Beresford Street , in City Club on the Park in High Gate, Burnaby. This is an opportunity to visit this excellent Condo for sale in beautiful High Gate.
Please come with any questions you may have. In the meantime you can take a virtual tour of this High Gate Condo for sale.
As always please do not hesitate to give me a call at 604-728-8017 if I can answer any questions before the open house, or if you would like to book a private showing.
Geordie Moski
Prudential Sterling Realty

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For Immediate Release  

Date    2008-04-08

 

 

For more information, contact:

Randy Ryalls ,

Manager Prudential Sterling Realty 604-421-1010

(admin@psr.ca)

 

PRUDENTIAL REAL ESTATE AWARDS PRUDENTIAL STERLING REALTY

SALES PROFESSIONAL eCERTIFIEDâ DESIGNATION

( BURNABY BC) - Ever on the cutting edge of real estate technology, Prudential Sterling Realty announced today that Geordie R. Moski has received the distinguished eCertifiedâ designation from Prudential Real Estate Affiliates, Inc.  The Prudential Real Estate Network awards the designation to sales professionals who meet extensive criteria and complete the eCertifiedâ program training.  The training and certification process is designed to prepare sales professionals with the technological and "e-Based" business skills necessary to service the emerging market and changing needs of today’s online consumer.

 

“Being an eCertifiedâ sales professional means that I have the know-how and technical confidence to serve my clients online or through email and provide real-time information 24/7,” said Geordie R. Moski, Prudential Sterling Realty.  “This is an important step in how we deliver service to our clients.  Knowing that I have Prudential Real Estate supporting my desire to deliver advanced technological services, as well as act as a trusted advisor, means that I have the opportunity to offer services that better meet the needs of my ‘time-starved’ clients.”

 

Randy Ryalls , Manager of  Prudential Sterling Realty, said, “Increasingly, consumers are doing business online. They are using the Internet for research and want to have the option of communicating on their terms. We are preparing our sales professionals to meet and exceed the expectations that come with this new way of conducting business by creating a designation that matches the growing home buyer and seller use of Web-enabled information sources.  When consumers hires a Prudential Real Estate Network eCertifiedâ sales professional, they can be assured they are working with someone who knows how to employ the most effective on-line communications and marketing strategies to deliver a less stressful, more efficient home buying or selling experience."

 

As an eCertifiedâ sales professional Moski is required to have an understanding of the latest Internet marketing solutions available to promote and sell their customer's properties; use the latest office automation products for added efficiency and organization; understand and use digital imaging to bring added value to the home buying experience; be familiar with popular graphic file types and know how to use the files when sending electronic information to consumers.  Moski uses the technology tools at Prudential Sterling Realty to provide clients with the benefit of having an anytime, anywhere source of information regarding the status of their transaction, via e-mail, telephone or fax , while enjoying the peace of mind that comes with relying on an experienced and trusted advisor. eCertifiedâ sales professionals are set apart from their peers with:

·         Knowledge of leading Internet marketing solutions available to market properties.

·         The ability to generate, send and receive electronic documents and images.

·         Access to the latest in digital photography to enhance the home- shopping experience.

·         The discipline to return email communications in a timely manner.

·         An understanding of current technology options available to consumers to help them research important property and financial information.

 

Prudential Real Estate and Relocation Services is Prudential Financial’s integrated real estate brokerage franchise and relocation services business.  The real estate group markets franchises primarily to existing real estate companies.  As of December 31, 2005, there were over 2,000 franchise offices and more than 64,000 sales professionals in the franchise network in the U.S. and Canada.  All franchisees are independently owned and operated.  Prudential Financial’s real estate group began offering franchises in 1988 and is now one of the largest real estate brokerage franchise networks in North America.

 

Prudential Financial companies, with approximately $568 billion in total assets under management as of June 30, 2006, serve individual and institutional customers worldwide and include The Prudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement-related services and administration, asset management, banking and trust services, real estate brokerage franchises, relocation services and, through a joint venture, retail securities brokerage services. For more information, visit www.prudential.com.

 

 

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