Maria Mak. Burnaby Real Estate Agent. Just SOLD. 2002 - 2355 Madison Ave Burnaby
By Maria Mak - Sut... on March 26, 2013 - 8:50pm
Just Sold.
Maria Mak. Burnaby Realtor
Maria Mak
Maria Mak. Burnaby Realtor. 604.839.6368 .New Listing: 2002-2355 Madison Ave Burnaby $349,000
By Maria Mak - Sut... on March 1, 2013 - 4:01pm
Real Estate
Maria Mak. Burnaby Real Estate Agents . Metro Vancouver Realtors
By Maria Mak - Sut... on August 19, 2012 - 10:11pm
Technology has been a driving force behind the transformation of many industries. While real estate remains a people business, consumers today have access to scores of information that can help them find an property, a REALTOR® and connect all the dots in between.
Purchasing a home will likely be the most important buying decision you’ll ever have to make so it is important to do your own research, understand your rights and find professionals that you are most comfortable working with.
If you’re deciding whether to buy or sell a home, it’s critical that you understand and properly assess your personal and financial circumstances against current housing opportunities.
The REALTORS® of Canada and other real estate professionals have provided a wealth of information online to help you understand what opportunities are out there for you and your family to consider.
.Maria Mak. Burnaby REALTOR® .Burnaby Real Estate Agents .When someone asks how house prices are doing...
By Maria Mak - Sut... on July 23, 2012 - 8:20pm
When someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered.
The big real estate boards all issue monthly price reports that spell out what the average selling price was in the previous month and how that compares to the month, and the year, before.
But there's a problem with trying to divine market direction from average price data. It's just too blunt a tool.
If real estate — as the saying goes — is really about "location, location, location," then average prices frequently don’t capture the reality of what's going on in a particular city or neighbourhood.
Calculating the average house price is as simple as adding up the prices realized for all home sales in a particular month and dividing by the number of sales. The problem with that metric begins to emerge, however, when one or more parts of the housing market don't act in tandem with all the other segments, as they seldom do.
Average price:
The average price is the figure obtained by dividing the total dollar volume of sales in a given period by the number of sales.
Maria Mak. Burnaby Realtors - * Latest Housing Market Updates* - when someone asks how house prices are doing....
By Maria Mak - Sut... on July 23, 2012 - 12:23pm
When someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered.
The big real estate boards all issue monthly price reports that spell out what the average selling price was in the previous month and how that compares to the month, and the year, before.
But there's a problem with trying to divine market direction from average price data. It's just too blunt a tool.
If real estate — as the saying goes — is really about "location, location, location," then average prices frequently don’t capture the reality of what's going on in a particular city or neighbourhood.
Calculating the average house price is as simple as adding up the prices realized for all home sales in a particular month and dividing by the number of sales. The problem with that metric begins to emerge, however, when one or more parts of the housing market don't act in tandem with all the other segments, as they seldom do.
Maria Mak. Burnaby REALTORS® / Burnaby Real Estate's. *Latest Housing Market Update*. Latest Mortgage News...
By Maria Mak - Sut... on July 9, 2012 - 8:41pm
Mortgage rules change today, but about half of Canadians don’t know it, a recent survey suggests many people are unfamiliar with the changes
New mortgage rules go into effect today in Canada but a recent survey suggests many people are unfamiliar with the changes.
Starting Monday, lenders can only issue home equity loans up to a maximum of 80% of a property's value — down from 85%.
The maximum amortization period also drops to 25 years from 30 years — giving borrowers less time to repay the debt in full.
In addition, the federal government is capping the maximum debt ratios for households and limiting government insurance to mortgages on homes with a purchase price of less than $1-million.
A poll conducted by Pollara for Bank of Montreal found only about half of those surveyed were familiar with the changes brought in by the federal government.
Maria Mak.Burnaby Realtors - June Housing Market Update from Real Estate Board of Greater Vancouver
By Maria Mak - Sut... on July 6, 2012 - 3:26pm
June Housing Marekt Update from Real Estate Board of Greater Vancouver
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 p
Burnaby REALTORs ® .Maria Mak. Greater Vancouver housing market favoured buyers in June
By Maria Mak - Sut... on July 4, 2012 - 9:46am
The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to the 2,853 sales in May 2012.
June sales were the lowest total for the month in the region since 2000 and 32.2 per cent below the 10-year June sales average of 3,484.
“Overall conditions have trended in favour of buyers in our marketplace in recent months,” Eugen Klein, REBGV president said. “This means buyers are facing less competition and have more selection to choose from compared to earlier in the year.”
New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,617 in June. This represents a 3 per cent decline compared to June 2011 when 5,793 properties were listed for sale on the MLS® and an 18.9 per cent decline compared to the 6,927 new listings reported in May 2012.
Maria Mak. Burnaby Real Estate Agents. Burnaby Realtors @ Sutton Centre Realty- * latest mortgage news*
By Maria Mak - Sut... on June 30, 2012 - 7:15pm
OTTAWA — The federal government is moving once again to tighten mortgage-lending rules amid lingering concerns about an overheated housing market and rising household debt levels.
In a decision called for by some of the big banks — and one that's expected to soften housing prices — Finance Minister Jim Flaherty announced Thursday the federal government is reducing the maximum amortization period for a government-insured mortgage to 25 years from 30 years.
It's the third time the Harper government has reduced the maximum amortization period in the last four years, after it initially increased the lengths of mortgage terms to make it easier for Canadians to purchase homes.
The government has since ratcheted it back from 40 years to 35 in 2008, and then further reduced it to 30 years in 2011.
Visit Maria Mak's website www.mariamak.com for all detailed mortage rules being effective July 9th 2012, or contact Maria Mak and her mortgage teams @ 604-839-6368 for details.
Burnaby REALTOR®.Maria Mak.Burnaby Real Estate Agents - **New Listing - 5106 Portland Street Burnaby BC * $829,000* **
By Maria Mak - Sut... on June 12, 2012 - 3:48pm
This fully renovated (from the studs to the concrete foundation flooring in 2009), meticulously well kept and tastefully decorated character home is situated on a corner view lot in Sunny South Slope area near Metrotown.
This is a spacious 2000 plus sq. ft. living area with four bedrooms and two full ensuites. It includes an in-law basement suite with separate entrance.
Gourmet kitchen features designer granite countertops, stainless steel appliances, centre cooking island, tons of storage and cupboard space. Spend a sunny afternoon on the partly enclosed sun deck (off the dining room) overlooking the panoramic southerly view of Mt. Baker and Richmond.
