The summer is here and sellers will be warming to the fact that July has seen another spike in house price levels across West Vancouver and Greater Vancouver in general. Yes, once again house prices have peaked, giving homeowners in West Vancouver an opportunity to make hay while the sun is shining on the real estate market.
In the month of June 2014, house prices across Greater Vancouver rose by 6.2 percent year on year. Furthermore, these figures are calculated by leaving out some of the more expensive mansions priced up in West Vancouver. So if one were to include the high-end luxury homes in the equation that figure might even be higher still.
The burning question for sellers is – has the latest bubble in the housing market reached its zenith and will we see a burst in the very near future? Is this summer a good time to sell and relocate or should a seller be holding on and wait it out to see what the market does?
The real issue with the real estate market in West Vancouver is that is does not follow the same trend as the rest of Canada. Index prices for West Vancouver detached homes has reached just over $2 million, that’s double the amount of index prices from the less opulent North Vancouver district.
It’s also worth noting that West Vancouver and British Columbia as a whole has benefited from the influx of immigration from around the world, particular Asia. It has boosted an already-vibrant economy and helped to bolster the housing market. Investors from China have helped to push up the price of luxury real estate in a way never seen before. You have to understand there’s something of a revolution in China and its economy and back in the 20th century making money behind the bamboo curtain was something exclusive only to a few Communist Party bigwigs. Now such an opportunity to become wealthy in the world’s most populous country has become easier for millions more. Much of this wealth is used on buying luxury real estate in places like California, Florida and West Vancouver.
The future is very bright is we rely on the investment of Chinese and Asian property investors and all that comes despite the tightening controls implemented by both Canadian and Chinese authorities implemented to stem to rising tide of overseas investment in Canada (and the United States) as a whole.
Investment in real estate can be very profitable. The real estate sector is expanding every day and reaching new heights. Investments in real estate can fetch you huge profit says Harry Coker.
The state of Georgia boasts of a highly developed textile industry, aircraft, groceries and chemical industries says Harry Coker. Coal is found in abundance in the state of Georgia which has boosted power generation resulting in more than adequate supply of electricity in state. These factors has triggered the demand for houses and mortgage in the cities. A surge in the economy and availability of well paid jobs has pushed up the per capita incomes and affordability of the services of mortgage. In the last three years there has been a 10% increase in the GDP of the state of Georgia. This explains the growing interest of the investors and business firms in the mortgage sector.
The Georgia real estate provides you with smart investment options. The affordable solutions provided by the real estate market of Georgia enables potential buyers to enter and exit the market with great ease. Are you planning for a long vacation? Georgia perhaps is the ideal place you are looking for. The exotic locales of Georgia make it one among the five best places all over the world says Harry Coker. The booming real estate industry of Georgia promises you high returns on your investments.
Experts believe that this trend is to continue for many years to come. The reason for this says Harry Coker is the rapid industrialization of the state followed by an exodus of people into the state seeking lucrative employment opportunities available. This has resulted in a massive demand for residential and commercial properties here. The economy of the state of Georgia is growing at an accelerated pace giving boost to the real estate industry which is now growing in leaps and bounds says Harry Coker.
You can buy a beautiful home amidst beautiful forested mountains or on the beach front. You can have a relaxing holiday here away from the rush and congestion of the bustling city life. Harry Coker says that you can choose a fully furnished house depending on your budget. The serenity of the Blue Ridge Mountains and sylvan surroundings provide the required ambience and state of mind to relax and enjoy a stress free living. The real estates can be of log make, made out of massive logs having big porches.
You can choose from a wide range of properties and fixtures and in due course get the advantage of high returns on investment. If you prefer beach front, savannah is probably the best place for living a serene, peaceful and comfortable life says Harry Coker. Lake Chatuge is another beautiful place where you can get creek and river front, homes and stud farms.
According to Harry Coker, with a favourable real estate investment climate and the economy of the state gathering momentum after the lull Georgia is beckoning prospective investors to “get rich quick” through the multiple avenues open for investment in the real estate market.
The flourishing industry of Georgia attracts people from different corners of the world to be in the city to make their living. This has lead to a mushrooming of tall apartment buildings and individual bungalows says Harry Coker. The dwellings are built near the industries to avoid long commuting by the workers. Well developed transport and communication infrastructure, development of schools, universities and other educational institutions and a booming tourism industry makes Georgia one of the most sought after states in the United States for real estate investment.
Many people think that RERA is stand for Real Estate Regulatory Agency. However in reality RERA is stand for Real Estate Regulatory Authority in Dubai. RERA Dubai is the policy-making Dubai Land Department. It is a head agency which forms, governs and authorizes the real estate sector in Dubai.
RERA Dubai was founded on the 31st of July, in 2007 by His Highness Sheikh Mohammed Bin Rashed Al Maktoum, prime minister ruler and vice president of Dubai. RERA is different from the Dubai Lands Department (DLD) eventhough both authorities are involved in issues to do with property and real estate purchases and rentals.
The aim and objective of RERA Dubai is to set policies and plans in the real estate sector in Dubai in order to grow foreign investments. RERA is a part of Dubai Land Resources Department. The authority has its own financial and administrative independence with full legal authority to regulate the property sector in Dubai.
RERA Dubai also tell people on regulatory acts while purchasing the realty in Dubai. State resources can be in security department until the establishing up is complete. The estate can be broken but only later a particular commendation according local planning. The land given cannot be either purchased nor traded till the scripted instruction of His Highness Sheikh Mohammed Bin Rashed Al Maktoum is acquired. Tallying to the policy of confidentiality the Dubai Land Department don’t publish any info about its customers. Data relating the land conditions could be provided while the Dubai Land Department studies the condition of Land relations.
Associate the guidance of the declaration by RERA Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum of the Dubai principal plan 2015 to promote economic development and government modernization and allow substantiating growth and successfulness for all sectors, Dubai has provided great strides in placing the standard for the world in several sectors. This residential area and marketplace is the exceptional address for all the authoritative and reliable information regarding the Dubai real-estate sector.
RERA is set to model a pure international real estate approach system which factors the ‘old and the new’, the ‘customary’ and international ‘best practice’ approach. RERA main goal and objective is to ensure Dubai real estate practices and practitioners are raised to the highest condition known world wide for quality service, practices and simplicity of making out business in Dubai.
The Dubai Real Estate sector is attracting top talent from around the world and millions of dollars of Foreign Direct Investment(FDI). This unforeseeable development and interest at a international scale, provides Dubai authority to present a new concept of an on-line, virtual, real estate residential district.
The RERA Dubai website is at www.rpdubai.ae but rera.ae & rera.gov.ae can get you to RERA Dubai also.