IWA LEE : Personal Real Estate Corporation : Archived blog posts for : October 2021

I have sold a property at 9445 157A ST in Surrey

Posted on October 23, 2021 by Iwa Lee

Posted in Fleetwood Tynehead, Surrey Real Estate

I have sold a property at 9445 157A ST in Surrey.

This is it! Located in Belair Estates this Renovated Dream Home has it all! outdoor heated above ground pool, sun drenched back yard and Beautiful custom cedar covered patio for relaxing and entertaining, newer windows and roof and more. Inside with central A/C, Main living area offers a large living room, dining room, a gorgeous kitchen with all the necessities, large family room w/2nd FP, office & laundry and full bath. Upstairs with 3 large bedrooms, 2 full bathrooms including a master w/modern ensuite & walk-in closet, and newly renovated second bath. Basement with a large rec room, 4th bed rm, full bathroom, 2nd laundry, and second living room with brand new separate entrance. new furnace and update drainage and more.

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I have sold a property at 301 1135 WINDSOR MEWS in Coquitlam

Posted on October 20, 2021 by Iwa Lee

Posted in New Horizons, Coquitlam Real Estate

I have sold a property at 301 1135 WINDSOR MEWS in Coquitlam.

See details here

Welcome Home to this Spacious CORNER UNIT at Bradley House by Polygon, centrally located near Coquitlam Town Centre. This 2 Bed 2 Full bath home features Bright open layouts, 9 FT ceiling, gourmet kitchen with stone counters, stainless steel appliances, BRAND NEW WASHER & DRYER, covered balcony, great sized bedrooms, ensuite master with double sinks and double closets. Exclusive use at Windsor Gate's 18,000sf private Clubhouse - Nakoma Club featuring a fully equipped fitness centre, outdoor pool, basketball court, hot tub, guest suites & more. Walking distance to Glen Park, Lafarge Lake, lots of shops, cafes, restaurants, schools and Evergreen Skytrain line. 2 SIDE BY SIDE PARKING STALLS & 1 storage locker.

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Open House. Open House on Saturday, October 16, 2021 12:30PM - 4:00PM

Posted on October 16, 2021 by Iwa Lee

Posted in Fleetwood Tynehead, Surrey Real Estate

Open House. Open House on Saturday, October 16, 2021 12:30PM - 4:00PM

Please visit our Open House at 9445 157A ST in Surrey.

See details here

Open House on Saturday, October 16, 2021 12:30PM - 4:00PM

This is it! Located in Belair Estates this Renovated Dream Home has it all! outdoor heated above ground pool, sun drenched back yard and Beautiful custom cedar covered patio for relaxing and entertaining, newer windows and roof and more. Inside with central A/C, Main living area offers a large living room, dining room, a gorgeous kitchen with all the necessities, large family room w/2nd FP, office & laundry and full bath. Upstairs with 3 large bedrooms, 2 full bathrooms including a master w/modern ensuite & walk-in closet, and newly renovated second bath. Basement with a large rec room, 4th bed rm, full bathroom, 2nd laundry, and second living room with brand new separate entrance. new furnace and update drainage and more. Open house October 16th and 17th 12:30-4PM.

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Open House. Open House on Sunday, October 17, 2021 12:30PM - 4:00PM

Posted on October 16, 2021 by Iwa Lee

Posted in Fleetwood Tynehead, Surrey Real Estate

Open House. Open House on Sunday, October 17, 2021 12:30PM - 4:00PM

Please visit our Open House at 9445 157A ST in Surrey.

See details here

Open House on Sunday, October 17, 2021 12:30PM - 4:00PM

This is it! Located in Belair Estates this Renovated Dream Home has it all! outdoor heated above ground pool, sun drenched back yard and Beautiful custom cedar covered patio for relaxing and entertaining, newer windows and roof and more. Inside with central A/C, Main living area offers a large living room, dining room, a gorgeous kitchen with all the necessities, large family room w/2nd FP, office & laundry and full bath. Upstairs with 3 large bedrooms, 2 full bathrooms including a master w/modern ensuite & walk-in closet, and newly renovated second bath. Basement with a large rec room, 4th bed rm, full bathroom, 2nd laundry, and second living room with brand new separate entrance. new furnace and update drainage and more. Open house October 16th and 17th 12:30-4PM.

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I have sold a property at 707 3520 CROWLEY DR in Vancouver

Posted on October 16, 2021 by Iwa Lee

Posted in Collingwood VE, Vancouver East Real Estate

I have sold a property at 707 3520 CROWLEY DR in Vancouver.

See details here

Welcome to Millenio in Collingwood Joyce neighbourhood. LARGE 678sf 1 Bedroom plus Den ideal for first time buyers or investors. Den with windows facing North overlooking Melbourne park and amazing mountain views, perfect sized den as a 2nd bedroom or home office. Functional open layout with no wasted space. Spacious living and dining space, pet and rental friendly building, 1 secured parking & locker included. Building amenities include fitness centre and clubhouse. Excellent location, steps to parks, tennis court, shops, under 5 mins walk to Joyce skytain, Metrotown, 15 mins to Downtown.

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New property listed in New Horizons, Coquitlam

Posted on October 13, 2021 by Iwa Lee

Posted in New Horizons, Coquitlam Real Estate

New property listed in New Horizons, Coquitlam

I have listed a new property at 301 1135 WINDSOR MEWS in Coquitlam.

See details here

Welcome Home to this Spacious South-West Corner unit at Bradley House by Polygon centrally located near Coquitlam Town Centre. This 2 Bed 2 Full bath home features Bright open layouts, 9ft ceiling, gourmet kitchen with stone counters, stainless steel appliances, Brand New washer & dryer, covered balcony, great sized bedrooms, ensuite master with double sinks and double closets. Exclusive use at Windsor Gate's 18,000sf private Clubhouse - Nakoma Club featuring a fully equipped fitness centre, outdoor pool,basketball court, hot tub, guest suites & more. Walking distance to Glen Park, Lafarge Lake, lots of shops, cafes, restaurants, schools and Evergreen Skytrain line. 2 side by side Parking stalls & 1 storage locker.

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New property listed in Fleetwood Tynehead, Surrey

Posted on October 13, 2021 by Iwa Lee

Posted in Fleetwood Tynehead, Surrey Real Estate

New property listed in Fleetwood Tynehead, Surrey

I have listed a new property at 9445 157A ST in Surrey.

See details here

This is it! Located in Belair Estates this Renovated Dream Home has it all! outdoor heated above ground pool, sun drenched back yard and Beautiful custom cedar covered patio for relaxing and entertaining, newer windows and roof and more. Inside with central A/C, Main living area offers a large living room, dining room, a gorgeous kitchen with all the necessities, large family room w/2nd FP, office & laundry and full bath. Upstairs with 3 large bedrooms, 2 full bathrooms including a master w/modern ensuite & walk-in closet, and newly renovated second bath. Basement with a large rec room, 4th bed rm, full bathroom, 2nd laundry, and second living room with brand new separate entrance. new furnace and update drainage and more. Open house October 16th and 17th 2-4PM.

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Elevated home sale activity continues to outstrip the supply of homes for sale in Metro Vancouver

Posted on October 8, 2021 by Iwa Lee

Home sale activity remains elevated across Metro Vancouver’s* housing market while the pace of homes being listed for sale continues to follow long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,149 in September 2021, a 13.6 per cent decrease from the 3,643 sales recorded in September 2020, and a 0.1 per cent decrease from the 3,152 homes sold in August 2021.

Last month’s sales were 20.8 per cent above the 10-year September sales average.

There were 5,171 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2021. This represents a 19.2 per cent decrease compared to the 6,402 homes listed in September 2020 and a 28.2 per cent increase compared to August 2021 when 4,032 homes were listed.

September’s new listings were 1.2 per cent below the 10-year average for the month.

"The summer trend of above-average home sales and historically typical new listings activity continued in Metro Vancouver last month. Although this is keeping the overall supply of homes for sale low, we’re not seeing the same upward intensity on home prices today as we did in the spring. Home price trends will, however, vary depending on property type and neighborhood, so it’s important to take a hyperlocal look at your location and property category of choice before making a home buying or selling decision."- Keith Stewart, REBGV economist

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,236. This is a 29.5 per cent decrease compared to September 2020 (13,096), a 2.6 per cent increase compared to August 2021 (9,005), and is 27.7 per cent below the 10-year average for the month.

For all property types, the sales-to-active listings ratio for September 2021 is 34.1 per cent. By property type, the ratio is 25.5 per cent for detached homes, 53.1 per cent for townhomes, and 36.7 per cent for apartments.

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“The total inventory of homes for sale remains insufficient to meet the demand in today’s market. This scarcity limits peoples’ purchasing options and ultimately adds upward pressure on home prices,” Stewart said. “With the federal election now behind us, we hope to see governments at all levels work with the construction industry to streamline the creation of a more abundant and diverse supply of housing options.”

Get in touch with Iwa if you want to know specifically about any areas, property types, or trends that you can take advantage of.

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