Anthea's Blog

Blog by Anthea Poon

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The Real Deal: Why the Chinese are Buying up Vancouver Real Estate

November 24th, 2011
The Inside Scoop

I was recently interviewed by CBC and the Vancouver Observer about why the Chinese are so interested in Vancouver real estate. They thought I’d be the realtor to ask, as I have been working closely with many Asian buyers and investors.

The 2008 recession oved to be an interesteing time for Real Esate. In efforts to stimulate market activity, the goverment kept interest rates ...

Chinese Buyers: Interview with the Vancouver Observer

May 26th, 2011

My most recent interview with the Vancouver Observer's Jenny Uechi: Ever increasing Chinese Buyers and the Vancouver Real Estate Market.

Anthea Poon is a local-born agent who speaks Cantonese and some Mandarin as well as English and French. She said her skills have helped significantly in serving the Chinese clients, who  make up half of her clientele. 

Poon said that Chinese buyers ...

End of Summer Market Update

August 23rd, 2010
July and August have been slower months for 2010 but with the interest rate back down from 4.15% to 3.85% (5 year fixed) we are expecting an increase in activity for September and October. These 2 months are always promising in the latter half of the year as many Buyers are refocused after the summer months. Economic factors aside, the strongest selling months for Real Estate sales are Spring ...

Housing Market Update: May 2010

June 8th, 2010
May market offers buyers greater selection

The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,156 in May 2010, a decline of 10.4 per cent compared to the 3,524 sales in May 2009; 5. ...

Interest Rates on the Rise...again

April 14th, 2010
 
On April 14th, the Royal Bank of Canada & Bank of Nova Scotia raised it's 5 year fixed interest rates by 0.25%.Their posted 5 year rate is now 6.1% and other lenders are expected to follow suit as the second rate increase in 2 weeks! On March 30th, lenders fixed rate increased between 0.40% to 0.60% accross Canada..   

Here are more details as per the Financial Post:
 

Want to meet The STAGERS lead designer, Matthew Finlason?

June 21st, 2009

If you have ever wanted to meet the lead designer of The Stagers, Matthew Finlason, now is your chance! He has designed the most brilliant 2 bedroom/2 bath corner unit at 2680 West 4th and will be at the Open House on Sunday, June 21st between 2-4pm. Don't miss your chance to see this unit and finally meet him in person!

http://www.antheapoon.com/ActiveListings.php/Details/85/#viewdetail

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Has the Market Bottomed out?

May 12th, 2009

We are definitely seeing an increase in activity in the market in the past 2 months. Properties priced sharply are moving quickly...last friday we had 45 new listings and 62 sales - all in the same day! 

Here is my advice to you: Take advantage of the opportunities in the market before it’s too late...You won’t know when the market has bottomed out until after it has already started to climb ...

Why Rent When You Can Own in Vancouver?

May 12th, 2009

This is the time for first time home buyers & owners looking to upgrade to a larger property.  Market activity is increasing, Mortgage Rates are at an all-time low (the cost of borrowing is so low, you get more for less) & rent prices are still high!
Why pay your landlord’s mortgage when you can own for the same amount as rent?

Take advantage of the opportunities in the market before it’s to ...