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James Wong Vancouver Realtor
Attended University of Malaya
Lives in Richmond, British Columbia
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Vancouver Home Prices Not Overvalued..Really?
www.vancovuer-realestates.com

Not overvalued, but out of reach and unaffordable to Canadians. 
Toronto added to list of cities at risk of overvaluation but Vancouver is merely expensive, says corporation
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Vancouver Westside Real Estate Group
www.vancouver-realestats.com

Buying or selling in Vancouver Westside.
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Dunbar House Flipping
http://www.vancouver-realestates.com

With estimated 20% of homes being bought and held for a short period before reselling at a profit, BIV revealed that flipping homes can be very profitable to the sellers.

"For the Dunbar area the typical house flip generated a 23% annual return, or an average of $1,360 per day that the house was held".
#vancovuewest   #vancouverrealestate  
West-side neighbourhood is Vancouver’s hottest real estate “flip” market
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Vancouver City Hall Trying To Deter Demolitions Of Dunbar Old Homes
www.vancouver-realestates.com

"In July, 2014, the city brought in requirements to deter homeowners from demolishing old houses. They implemented a rule that a pre-1940 house could be demolished only if it was 75-per-cent recycled. And if it was deemed a character house, as in having historical value, it had to be 90-per-cent recycled" 
#vancouverrealestate   #vancouverwest  
In Vancouver, older houses are being torn down at an average of three a day – despite new city rules aimed at deterring the practice
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As the City tries to increase density, rows of for-sale signs mark where land is being assembled for development – but not all those blocks have been rezoned for density
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The City of Vancouver is considering how to increase penalties for those who cut down trees on their property illegally, as wealthy homeowners are not deterred by fines.
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Prices Have Not Corrected For A Long Time
www.vancouver-realestates.com

Any external shock could change the forecast. The 2008 credit crunch had resulted in 15% drop in prices within a few months!
Sales across the province will be up 20 per cent by end of this year but fall next year, slowing price growth rate, says bank
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Dunbar Demolitions Continue...
www.vancouver-realestates.com

Though the City of Vancouver now has a policy in place to preserve heritage homes built before 1940 around Dunbar area, the demolitions of old homes will likely continue as home buyer demand remains strong.
#vancovuerwest   #vancouverrealestate   
Teardowns/knockdowns/demolitions of houses in the Dunbar area of Vancouver, BC, Canada, since June 2010 to make way for construction of new houses
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Two Million $ Price Tag For 33' Frontage Lots In Dunbar, Kerrisdale, Point Grey & Kitsilano?
www.vancovuer-realestates.com

Yes, current demand from home builders are at the price tag, or very close to it. We have buyers for such homes in the above areas.

"The $2-million price tag suited the average lot value of a 33-foot west-side property". 
#vancouverwest   #vancouverrealestate  
In Vancouver, older houses are being torn down at an average of three a day – despite new city rules aimed at deterring the practice
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Vancouver Westside Demolitions Slowing Down?
www.vancouver-realestates.com

High home prices may have resulted in the slowing down in demolitions of older homes in Vancouver West. The article below was reported in 2014.

"The demolitions of old homes may finally be slowing in Vancouver’s affluent Dunbar neighbourhood, according to citywide statistics and local observations".

#vancouverwest   #vancouverrealestate  
The demolitions of old homes may finally be slowing in Vancouver's affluent Dunbar neighbourhood, according to citywide statistics and local observations. There have been only 331 construction permits…
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Densification - Land Assembly Gold Mine!
www.vancouver-realestates.com

Older homes may only fetch from $2 million and $2.5 million. But in a land assembly situation, a single lot can be worth double that amount to a developer if several adjacent lots can be rezoned for a condo or townhouse development. 

View homes for sale in Cambie area http://www.realestatesrichmond.com/mls_vancouver-west-houses-for-sale_cambie.html?count=1&page=1&from_price=350000&to_price=10000000&from_area=700&to_area=4000&beds=1&baths=1&max_age=99&sort=listprice_2+asc
A row of seven bungalows on West 54th Avenue has just hit the market and the asking price is $28.1 million — or between $3.6 million to $4.5 million each.
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It's the second time in little over a month that healthy trees have been illegally cut down in Vancouver's Dunbar neighbourhood.
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James Wong's Collections
People
Education
  • University of Malaya
    B. Agric. Science
  • Sundridge Management Centre
    General Management
Basic Information
Gender
Male
Other names
James Wong
Story
Tagline
Real Estate Career: Living A Balanced Life
Introduction
Entrepreneur/Strategic Thinker/Realtor - Vancouver, Fraser Valley & Chilliwack.

Living a meaningful life is about having the right perspective by thinking first about the life you want to live and then about the job and career which fits into that life and can support it financially. If you are strategic about your decisions, you can put your life before your job and career.

Happiness has less to do with money than we might imagine, and more to do with the people around us, how we live our lives, the way we spend our time, and how we perceive ourselves and understand our life experiences.

Bragging rights
25 years experience in real estate sales, investment and making frriend.
Work
Occupation
Real estate trading services, investing, real estate marketing online
Skills
Real estate sales, marketing, Internet marketing, SEO, niche marketing
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Richmond, British Columbia
James Wong Vancouver Realtor's +1's are the things they like, agree with, or want to recommend.
Homes in Vancouver Pricey but Not Overvalued: CMHC
www.rew.ca

Toronto added to list of cities at risk of overvaluation but Vancouver is merely expensive, says corporation

House Prices in BC to Keep Rising Over 2015 and 2016: RBC Forecast
www.rew.ca

Sales across the province will be up 20 per cent by end of this year but fall next year, slowing price growth rate, says bank

Demolition derby: Vancouver’s older houses are disappearing fast
www.theglobeandmail.com

In Vancouver, older houses are being torn down at an average of three a day – despite new city rules aimed at deterring the practice

Lawn sprinkling, car washing banned as Metro Vancouver beefs up water re...
www.theprovince.com

Metro Vancouver has imposed Stage 3 water restrictions, effective Tuesday, after concluding over a hot, dry weekend that not enough water is

Social housing needs more federal support, Vancouver candidates say
www.theglobeandmail.com

Candidates campaigning in the Downtown Eastside lament the lack of action from Ottawa on providing more funding to build affordable housing

Inventory down but sales and prices jump again for Vancouver homes
www.kelownadailycourier.ca

VANCOUVER - There appears to be no ceiling for the cost of homes in the Vancouver area, as more properties keep selling for higher prices.

Pete McMartin: Real estate and laundered money — If it’s so prevalent, w...
www.vancouversun.com

If Metro Vancouver’s real estate market is awash in laundered offshore money, then where is the evidence of that? Where are the arrests and

Barbara Yaffe: Time to pare Vancouver realtors’ skyrocketing commissions
www.vancouversun.com

Vancouver — with the highest property prices in Canada — is offering opportunities for enormous sales commissions

Vancouver inventory squeeze finds buyers panicked, sellers anxious
www.theglobeandmail.com

Inventory is low, demand is high. ‘Why sell now when my house is going to be worth more next month?’

In Vancouver, what are rowhouses, townhouses, “stacked” townhouses?
blogs.vancouversun.com

Vancouver is sending a pretty strong signal to its single-family neighbourhoods that they can expect to see more density as it tries to wres

Vancouver releases plan to boost availability of family housing
www.theglobeandmail.com

As supply dwindles and prices continue to soar, the city is looking at ways to help families stay in the city

Alienated families spur hard look at Vancouver housing
www.vancouversun.com

Between 2006 and 2011, as housing prices soared and developers built more than 10,000 condos, the number of families with children in Vancou