To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
If you are interested in the Northlands development — the largest remaining undeveloped piece of land in Whistler’s core village area, join the Whistler municipality for a virtual open house. More information below.
Join the Whistler municipality Thursday, June 17 from 5-7:30 p.m. for a community conversation to help shape our shared future.
4500 Northlands Boulevard is a 5.2-hectare, privately-owned development parcel in Whistler Village. Development of this area presents a unique opportunity to meet broad community priorities and align with the overall needs of our community.
What would shape this property into a neighbourhood that contributes to our shared community vision? We want to hear from you!
Several opportunities and channels will be made available for you to provide your ideas and input about this important project in Whistler Village.
Community Conversation Open House: June 17, 5-7:30 p.m. (registration required)
One-month input period launch: June 17
For more information, visit Whistler.ca/4500Northlands
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
Price Changes in the last 7 days
In the Whistler market, the benchmark sale price was $1,354,600 with an average days on market of 109 days for detached homes. At the end of January, there were 9 sales and 56 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 13 sales and 79 active listings. The benchmark sale price was $402,300, and the average days on market were 62.
Townhome featured 15 sales, 35 active listings and a $808,800 benchmark sale price with 32 days on market average
It’s a buyer’s market for houses and condos.
2016 was certainly an interesting year in Whistler Real Estate, we saw prices soar and inventory drop to some of the lowest numbers in recent years.
Here are the 2016 year end statistics for you:
To download a a .pdf version of this presentation please click here.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
In the Whistler market, the benchmark sale price was $1,354,500 with an average days on market of 72 days for detached homes. At the end of December, there were 2 sales and 60 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 25 sales and 68 active listings. The benchmark sale price was $401,100, and the average days on market were 52.
Townhome featured 13 sales, 34 active listings and a $807,100 benchmark sale price with 70 days on market average
It’s a seller’s market for condos and townhomes.
Originally posted on the Macdonald Realty Blog December 15, 2016 by Jonathan Cooper
KEY TAKEAWAYS
Selling my home was, of course, just the first of two chapters.
In part one of this series, I wrote about my experience listing my home and the many ways that our agent helped make the selling process easier and more successful.
When my wife and I woke up the next morning, we found ourselves buyers in the red-hot Vancouver housing market.
We wanted to stay, broadly, in the same Kitsilano area — close to my office, the kids’ grandparents and family-friendly community amenities.
We were searching for a three-bedroom condo, ground-oriented, hopefully with some outdoor space: essentially, the same thing every young family was eyeing in that neighborhood.
In the spring 2016 market, every listing that did not have serious defects was selling over asking price, with multiple, subject-free offers.
I work at a real estate company with some 700-plus agents. Our listing agent did a phenomenal job, but as a senior manager at the firm, I needed to share the business around, so we worked with a different buyer’s agent.
After some consideration, I selected someone who I knew to be both hard working and consistently positive. Buying our next home wasn’t going to be easy, and my wife and I wanted to work with an agent who could maintain optimism even if we lost out in a few multiple-offer situations.
We started looking. We spent three weeks going to dozens of open houses.
We came close to writing a few offers, but there were so many other interested parties that we knew the price would push well beyond our budget.
We were starting to get discouraged, and a bit nervous; we only had a few months until we had to move!
Our agent stayed in daily communication with us, and he was always available by cell phone. He didn’t just send us listing auto alerts from the MLS, as many agents in our market do, but personally reviewed all the new inventory as it came out and only sent us the listings that conformed to our core dealbreakers.
After about a month, our agent alerted us to a listing that was only two blocks away from our current home. It was one of a few unsold listings in an already-completed new development.
The photos online were underwhelming, but our agent saw past that. He pointed out that the floor plan might be perfect for us. My wife visited the unit that same afternoon, and sent me a text message: “10 out of 10!”
An hour later, we went for a second look with our Realtor.
Although it was officially listed as a ‘two bedroom,’ it had a large, exterior-facing den. Our agent brought his tape measure, and we mapped out how to convert it into a third bedroom.
And although half the unit faced on to a busy street, because it was built with modern concrete construction, it was very quiet inside. Within three hours of the first viewing, we bought the condo.
Every step of the way
In the weeks before our move, our agent diligently followed up with the developer to ensure the few interior and appliance deficiencies were addressed. He handled all the closing details — the keys, the strata (HOA), the paperwork — so that we could focus on packing up our things.
He didn’t just wait for us to ask him questions, but was proactive in reaching out to us and making sure we were seeing the right homes. Finding a new home with two small kids in tow is stressful, and our agent was always available.
Even late at night, we could give him a call and talk through options, next steps and strategies.
Just as our listing agent was able to realize a higher sale price for us through his full service approach, our buying agent saved us tens of thousands of dollars by finding a listing that did not on the face of it meet our needs, but worked great when we scratched beneath the surface.
Working with full-time, committed real estate professionals in both selling and buying helped us achieve a successful transition in our lives with a minimum of stress.
In North America, where everyone knows 10-plus agents, the ones who do it right set themselves apart.
Jonathan Cooper is vice president, operations at Macdonald Real Estate Group. You can follow him on Twitter @jtscooper or on LinkedIn.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
To keep you up to date with the Real Estate Listings in Whistler, here is are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
To keep you up to date with the Real Estate Listings in Whistler, here is are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
To keep you up to date with the Real Estate Listings in Whistler, here is are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
In the Whistler market, the benchmark sale price was $1,311,200 with an average days on market of 80 days for detached homes. At the end of October, there were 11 sales and 59 active listings.
In comparison, the condo market had 48 sales and 76 active listings. The benchmark sale price was $368,700, and the average days on market were 60.
Townhome featured 35 sales, 30 active listings and a $769,700 benchmark sale price with 40 average days on market.
It’s a seller’s market for condos and townhomes.
Nothing tells us more than the numbers….
We have the lowest inventory in a decade
Take a look there are only 61 homes for sale: Click Here
Townhomes for sale: Click Here
I want a condo and I don’t want any restrictions: Click Here
Yikes…. I was thinking about building my dream home but will now reconsider as there are only 17 listed for sale: Click Here
I think I will buy an investment property and let someone else do all the work for me; Click Here
It may be a wee early but wanted to wish everyone a Happy Thanksgiving. Many have enjoyed a delivery of fresh Purebread over the years on the Thanksgiving weekend but I am taking a holiday and will be away until October 20th. We will still be delivering our gingerbread houses at Christmas time so not to despair! We will also be publishing our third quarter market report so stay tuned by reading our Whistler Real Estate Blog.
Have a good holiday and please let us know how we can assist with all your real estate needs.
Best, Shauna
The B.C. government announced a new plan to introduce a 15% property transfer tax for non-Canadian citizens and non-permanent residents in Metro Vancouver. The move comes as the government attempts to combat the growing affordability crisis in the Vancouver area.
Yesterday, the provincial government announced that they will implement a 15 per cent foreign buyer tax on all residential transactions in Greater Vancouver effective August 2, 2016.
We have a received numerous inquiries and questions about this new tax and would like to pass on the below information and clarify that the tax does not apply in Whistler. It only affects properties in the Greater Vancouver area purchased by foreign nationals. Below is the news release from the Real Estate Board of Greater Vancouver.
Government to introduce a 15 per cent foreign buyer tax effective August 2
The provincial government will implement a 15 per cent foreign buyer tax on all residential transactions effective August 2, 2016. The tax will be added to the Property Transfer Tax and will apply to all residential properties purchased by foreign nationals or foreign-controlled corporations.
The new tax will be payable on applicable transfers registered with the Land Title Office on or after August 2 regardless of when the deal was completed.
The tax will apply to any transferee that is a foreign national, foreign corporation, or taxable trustee. Foreign nationals are defined as people who aren’t Canadian citizens or don’t have permanent resident status in Canada. (Permanent residents will have a valid permanent resident card issued by the Canadian government.)
“Housing affordability concerns all of us who live in the region. Implementing a new real estate tax, however, with just eight days’ notice and no consultation with the professionals who serve home buyers and sellers every day needlessly injects uncertainty into the market,” Dan Morrison, Board president said. “Government has had a long time to take action on the affordability issue, yet they decide to bring this new tax in over a long weekend, with no notice, and no time to prepare. It would have been prudent to seek consultation from the people most knowledgeable about the impact.”
Under the new tax, for example, a foreign buyer or foreign-controlled entity will pay an additional $300,000 in tax on a $2 million home.
“To minimize short-term volatility in the market, we’re calling on government to exempt real estate transactions that are in the process of closing from this new tax,” Morrison said.
Foreign corporations are any corporation not incorporated in Canada, or are incorporated in Canada but controlled in part, or wholly, by a foreign national or corporation. Publicly traded companies are excluded.
Commercial properties are excluded, and mixed-use properties will only pay the tax on the portion of the property’s value that’s for residential use.
For more information:
Read the government announcement here.
Read the government’s tax information sheet here.
We’ll continue to share information with you on this development as we learn more.
Here are the latest statistics for the Whistler Real Estate Market since the beginning of the year. It has been a busy one..
Here is an overview of the Whistler Market in May
Everything still moves very quickly, but we have seen a few more listings coming on the market
View New Listings from the past 7 days here.
View Solds from the past 7 days here.
The entire province had a record month for real estate sales.
Have you heard about the red-hot real estate market … in Parksville?
While the Vancouver’s market has been in the spotlight for its rapidly rising values, these sky-high growth rates are now trickling out to surrounding locations.
Read more… (CBC News)
We have experienced very high temperatures here in Whistler for the last couple of days – maybe surprising, as we actually had a little bit of snow just a week prior! The village has been busy as ever, what once use to be the shoulder season seems to have disappeared with May and June bringing many festivals and events.
Last weekend we watched in awe as hundreds of runners completed the Whistler Half Marathon – for some maybe just a warm up for the incredible running events that are coming up later this month. On June 11th Whistler is hosting the Comfortably Numb Trail Running Race, a 23km trail run with over 800m elevation gain, followed only one week later by Tough Mudder Whistler. This military-style obstacle course race will be set up at Whistler’s Olympic Park. Are you tough enough? Or maybe still thinking about it? Spectators are welcome too!If running is not your thing there is no shortage of more relaxed events to attend. The Whistler Multicultural Festival takes place this Friday, 10 June at Florence Petersen Park. The Festival focuses on showcasing local cultures, food, music, crafts, arts, games, toys and sports to the local community. Every Sunday, the Whistler Farmer’s Market is on as it hosts many local merchants. It is set up at Blackcomb Base and is a must do for the whole family.
The Whistler Real Estate Market has been even hotter than the weather. The inventory remains low and with few properties available, many listings sell within just a few days and often in multiple offer situations.
View New Listings from the past 7 days here.
View Solds from the past 7 days here.
Not surprisingly the Vancouver Real Estate Market is showing no signs of slowing down either, residential property sales on the region’s Multiple Listing Service® (MLS®) totalled 4,769 in May 2016, an increase of 17.6 per cent from sales recorded in May 2015. Last month’s sales were 35.3 per cent above the 10-year sales average for the month and rank as the highest sales total on record for May. See the full stats package here.
Be the first to know that Whistler has been as busy as it has been in my 20 years of selling here! Let’s talk numbers thought so we see the big picture.
Today there are only 13 homes available to purchase between the price of $1.5M and $3M so you better give us a call quickly :-). Since the beginning of this year, a total of 137 homes in this price range sold. To make it easy to look at options today; feel free to click the following links:
Single family homes for Sale
Townhomes for Sale – Rental zoning
Condos do stay as long as your please
Phase Two – Let the Hotel General Manager know when you are coming
GO Fest – Whistler’s Great Outdoors Festival – May 20 – 23
May is the month when summer and winter meet, where sliding on snow, golfing, bike riding and water sports can all be enjoyed on a single day. GO Fest falls on the Victoria Day Long Weekend, with four days of events to welcome warmer months and get everyone out and enjoying Whistler’s great outdoors. www.greatoutdoorsfest.com
Tough Mudder Whistler – June 18 & 19
The famous military-style Tough Mudder obstacle course meets the rugged Coast Mountains. Test your limits on the 16 – 19 km course (10 – 12 miles) course with more than 20 obstacles. Experience the true meaning of teamwork then take a well-deserved break in our stunning summer resort. www.toughmudder.com/events/2016-whistler
Vancouver Symphony Orchestra – July 1 – 2
The Vancouver Symphony Orchestra will once again play in Whistler this summer bringing classical music to Whistler Olympic Plaza, our beautiful outdoor concert space. Bring a chair or blanket and prepare to be amazed at the sound of a full orchestra playing under the stars. More infos here.
Subaru IRONMAN® Canada – July 24
Swim, bike and run through Whistler’s beautiful lakes, roads and trails this summer. New for 2016: Subaru IRONMAN® Canada 70.3 will be held on the same day, offering a different level of challenge over the same incredible terrain. Is it your year to complete an epic triathlon? Ironman Canada
Wanderlust Whistler – July 28 – August 1
Wanderlust Festival is an all-out, ecstatic celebration bringing together the world’s leading yoga teachers, top musical acts, renowned speakers, exquisite chefs, and thrilling performers. Book your accommodation for your mountain retreat, and prepare for an incredible journey with like-minded souls in 2016. www.wanderlust.com/festivals/whistler
Crankworx Freeride Mountain Bike Festival – August 12 – 21
Race, ride or simply watch the spectacle unfold – this world-famous festival celebrates the heart and soul of mountain biking. The best riders and biggest bike fans in the world come out for a week of gravity-fuelled racing, freeride competitions, kids events, gear demos and the chance to shred Whistler’s trails together. www.crankworx.com/festival/whistler
RBC GranFondo Whistler – September 10
Join fellow road cycling enthusiasts in the RBC GranFondo Whistler as they cycle the route from Vancouver to Whistler on the Sea to Sky Highway, over 122 kilometres of winding mountain road. Stay for the fun at the finish line celebrations and family events with great deals on accommodation. www.granfondowhistler.com
Whistler Village Beer Festival – September 16 – 18
The Whistler Village Beer Festival is held in September, a five day festival of craft beer and cider featuring two days of tasting events in Whistler Olympic Plaza plus cask nights, seminars, foodie nights and more. With over 200 beers on tap during the festival from more than 80 breweries, this is an event not to be missed. See details here.
The Whistler Real Estate Market is certainly off to a very strong start this year, see the latest statistics below:
The Whistler Blackcomb mountain resort is planning a renaissance over the next few years that would include real estate developments in the later phases and a price tag of about $345 million.
The first phase of the Renaissance project would cost up to $100 million and include a year-round indoor water-based play area at Blackcomb’s upper base.
The resort would also get a new high-speed lift to connect Blackcomb’s upper and lower bases.
The project’s second and third phases would include real estate developments that may involve a development partner once rezoning is approved.
Phase 2 would cost $105 million to $115 million and include the construction and sale of about 60 townhomes and Phase 3 would cost an estimated $140 million to $150 million and include further real estate development.
See the plans here: http://renaissance.whistlerblackcomb.com/
If you are in Whistler, you can attend the Open House on Monday, 11th April:
And read more here: http://globalnews.ca/news/2621525/whistler-blackcomb-outlines-345-million-plan/
We are working around the clock to find you a property regardless if it is listed for sale or not.
Sellers, there has never been more demand than there is today. Here’s what that means in terms of numbers; historically a strong market in Whistler meant that there were between 700 and 800 properties for sale. When the global crisis hit and our market slowed we had 1200 homes for sale. Today, there are only 261 properties in all of Whistler on the market!
We are seeing a lot of pressure for chalets under the price of $2.2 million. There have been no sales between $2.2 and $4 million so far this year. This price range is surprisingly slow as buyers seem to be jumping up in their budget and paying more for larger homes, properties that may be newer and offer 5,000 plus square feet. When you look at performance in our Luxury Market for homes priced over $4 million; we have had some historical high sales. Recently we had a record sale of $22 million dollars for a single-family home located in Stonebridge and a lot sale of $10 million. There have been many sales over $5 million which is an indication of the confidence that Whistler offers as an investment and also a result of our weak Canadian dollar.
Please work closely with us so we can make sure we’re on top of our game and working hard for you.
Click here to view New Listings in Whistler in the last 30 days.
Click here to view what’s Sold in Whistler in the last 30 days.
Macdonald Realty received the prestigious Global Alliance Award from Leading Real Estate Companies of the World® (LeadingRE), a global network of more than 500 high quality independent real estate firms. The award was presented at the network’s Annual Awards Gala February 25 at the Fontainebleau Miami Beach. The event was part of LeadingRE’s Conference Week, which has attracted a distinguished audience of nearly 2,500 real estate professionals from 25 countries.
Winner Global Alliance Award
For the fourth consecutive year, Macdonald Realty was presented the Global Alliance Award. This award is presented to the international firm that closes the most cross-border referrals, utilizing the strength of the LeadingRE network to assist their local clients with global real estate investment and relocation services.
Read more here.
The Audain Art Museum – now open
Whistler’s newest attraction opened last weekend, the Audain Art Museum. It is an iconic 55,230-square-foot museum that houses a unique collection of British Columbia art in Whistler Village. The Audain Art Museum has one of the world’s finest collections of old First Nations masks, an exceptional collection of Emily Carr paintings, works by some of Canada’s post war artists—including Jack Shadbolt, E.J. Hughes and Gordon Smith—and also works by other internationally famous contemporary artists. Visit the museum’s website here.
17 March – St. Patrick’s Day at the Dubh Linn Gate Irish Pub
Kick up yer heels as you celebrate the luckiest day of the year with The Splinters in the afternoon, and keep the jig going with Ruckus Deluxe in the evening. A cover charge of $2.00 will be in affect at the door with the proceeds going directly to Whistler Community Services.
17 – 20 March – The GoPro Junior Freeski Event
Location: On-Mountain
This IFSA event challenges competitors 12-18 years old to shred big mountain terrain, while judges score them based on style, speed, and line choice. For more information on entry fee and registration, please call the Whistler Blackcomb Reservation Centre at 1.800.766.0449.
19 March – 14th Annual Balding For Dollars
Location: Garibaldi Lift Company (GLC) | Time: 3:30 – 5:30 PM
Join in the fun at 14th Annual Whistler Balding for Dollars featuring plenty o’ head shaving in support of kids with cancer at the oncology wards of BC Children’s Hospital. Over the years hundreds of Whistler locals have shaved their heads to raise money for the kids. To date more than $246,764 has been raised in Whistler at this event.
22 – 12 March – Sport Chek Canadian Championships 2016
Location: Whistler Mountain
Once again, the Sport Chek Alpine Canadian Championships return to Whistler featuring the Sport Chek National Championships March 22 to 29 and the Sport Chek Para-Alpine Canadian Championship GS and Slalom on March 28 and 29. The competition will be held at the Dave Murray National Training Centre located on Whistler’s Raven/Ptarmigan runs. This is the perfect opportunity to see downhill ski racing at it’s finest – fast, furious and precise. The national alpine and para-alpine teams take on up-and-coming athletes from the provincial and club level as well as international competitors.
8 – 17 April – Whistler World Ski & Snowboard Festival
The WSSF is Whistler’s unique mountain culture festival with ten days of awesome events – free outdoor concerts, photography, film, skiing competitions and non-stop nightlife PLUS sweet spring skiing and sunny après sessions.
Whether furry, feathered or scaly, our pets are a part of the family. Always appreciative, they’re like the children we don’t mind spoiling, so why not give them a little luxury treatment? Following are a few of our favorite products to pamper your pets to no end!
1. Bark & Miao Padpod
It’s no secret that the feline is a discerning animal, and if your furry friend is one of sophisticated taste, the Bark & Miao Padpod is sure to please. Designed to harmonize with contemporary living, this nest-like pad is upholstered with plush, yet durable, Lavene wool that can standup to the rigors of everyday pawing.
2. Las Ventanas al Paraiso
Leaving a pet behind when going on vacation is never easy, but Las Ventanas al Paraiso in Los Cabos, Mexico has solved the problem by providing a veritable pet-heaven. From a pet cabana by the beach to the “Canine Delights” menu with made-to-order dishes, the resort provides endless accommodations for the pet that lives in the lap of luxury (they can even get a massage!).
3. Okeanos Aquascaping
Now, if your animal companions are of the aquatic persuasion, the experts at Okeanos Aquascaping will design them a luxurious home that rivals your own. Fusing nature with modern design, they’ll create a marine environment for your fishy friends with exquisite underwater vistas, live coral reefs and all sorts of aquatic flora.
4. Cuddly-Coat Grooming Shampoo
A trusted brand for skincare, hair and beauty products, Kiehl’s has got your pooch covered too, with the luxurious Cuddly-Coat Grooming Shampoo. No matter what kind of mess Fido gets into, the lavender-scented formula blends chamomile extract with gentle cleansing ingredients to handle the toughest of jobs.
5. Archibird Cage
It’s a work of art that you can use as a table, but most importantly, the Archibird Cage is also a home for your winged pets. Created by French designer Gregoire de Lafforrest, the dwelling consists of three glass consoles on top to keep the vibrant colors of your prized parrot on full display and an ample-sized cage below.
6. Louis Vuitton Dog Carrier
The Louis Vuitton Dog Carrier is a timeless and stylish solution to the owner who suffers from separation anxiety. Crafted from monogram canvas that’s particularly resistant to water and scratches and a breathable mesh window, your little ball of fur can stay at your side no matter where you go.
7. Mungo & Maud’s Organic Catnip
Everyone’s eating organic these days, and now Fifi can too! Mungo & Maud’s Organic Catnip is the perfect treat for the health-conscious kitty. Whether used to refill toys or on its own, there’s no going back to the regular stuff once you’ve expanded your cats palate with this 100% organic indulgence.
Of course, all you really have to do is give them a good belly rub or a new toy and they’ll love you forever, but introduce your pet to a little luxury and they’ll be head over heels!
Over 1 acre of waterfront property with three separate furnished cabins and 130 ft. of waterfront located on the south east side of the lake. Enjoy freehold ownership of a crystal clear lake less than 3 hours from Vancouver and 1 hour from Whistler. A quick 10 minute boat ride from D’Arcy. One of the few quiet lakes remaining in BC. Tranquility at its utmost. Boat access only. Perfect for a family to enjoy or a few couples with each their own cabin.
The property has three cabins:
Main cabin 20’05ʺ x 11’03ʺ which has kitchen and living space. Built in the 90’s
Master bedroom cabin 19’04ʺ x 9′ with ensuite bathroom. Built 2010
Bunk house 14’01ʺ x 9′ for additional guests. Built 2006
PRIVATE DOCK – BUNK HOUSE
The water of Anderson Lake is clear and fresh and perfect for swimming, paddleboarding, and relaxing on the dock
Winter in Whistler is exhilarating, and it’s always fun to plan for the days and nights you will be spending in your cozy ski chalet; complete with fireplace, breathtaking mountain views and proximity to the village and the slopes. Ski passes and ski gear have been purchased for the family, and you’ve already planned out your weekends in Whistler, filled with shopping, dining and other wonderful winter activities.
But, I bet there are a few things that you haven’t thought about as we head into winter. Have you winter proofed your home? Whether you’re getting ready to stay in your home yourself, renting it out or preparing to sell, there are a few things you should do to prepare.
Here is a handy winter checklist:
Some numbers you might want to have on hand as temperatures begin to drop…
Snow Removal Services
Whistler Snow Clearing
604-905-9473
http://www.whistlersnowclearing.com/
Coastal Mountain Excavations
604-932-5469
http://www.coastalmountain.ca/our-services/snow-removal/
Firewood
Sea To Sky Firewood
604-892-0101
Squamish Wood Fuel Supply
604-898-1761
http://www.squamishfirewood.com/
Alpine Firewood
604-725-2869
http://www.alpinefirewood.com/
Trade with Down Under looking up
Whistler a major destination for many Australians, and cultural ties also help exchange of goods
By Jim Morris, Special To The Sun November 13, 2013
For Australians seeking adventure, Whistler has become a prime Canadian destination. Whistler’s own Sue Adams, explains why so many Australians make their way to Whistler. Adams, who chairs the Whistler Chamber of Commerce’s board of directors and with her husband Bob operates The Grocery Store in Whistler Village, “Australians are adventurous and adaptable … way more than the Canadian kids…They are risk-takers and entrepreneurial.” Said Adams.
At the peak of the winter season, mountain operator Whistler Blackcomb employs about 3,600 people. Of those, up to 500 may be Australians on a temporary visa, according to Joel Chevalier, director of employee experience.
Besides filling a practical need, Australians also bring a special spirit to the resort. “They have a big, fun, friendly personality our guests enjoy working with. We tend to put our Australians in the very front line, guest-facing roles.” Chevalier believes both the staff and the mountain benefit. “Whistler would not be Whistler if we didn’t have a history with Australians coming to work here,” he said. “It adds a huge amount of flair.”
B.C.’s relationship with Australia extends beyond the friendly person serving you a pint at the end of a day on the slopes. British Columbia and Australia have a long history of doing business. When Australian sugar initially started coming into the Canadian market in the late 1880s, Vancouver was the first port of call. In 1895, John Short Larke became the first Canadian trade commissioner in Sydney.
Ask most B.C. residents about Australian goods coming into the province and they will probably think of wine. They may be surprised to learn that companies like COBS Bread and Flight Centre originated Down Under. Other Australian goods sold in B.C. include beef, lamb and even items like Tim Tam chocolate biscuits.
One of the most awe-inspiring listings to come on the market in recent memory, the Bob and Dolores Hope Estate in Palm Springs, CA has officially been listed with Luxury Portfolio members Patrick Jordan and Stewart Smith of Windermere Real Estate Southern California for an impressive $50 million.
Designed by revered Modernist architect John Lautner, this landmark property is situated within the prestigious Southridge Community. The largest private residence ever designed by Lautner, the Hope property is the ultimate expression of his aesthetic: “The purpose of architecture is to create timeless, free, joyous spaces for all activities of life.” The 23,000 square foot home enjoys magnificent living space with features befitting a “contemporary castle,” as Dolores described the estate. A total of nine bedrooms and nine bathrooms provide ample accommodations for entertaining, as the Hopes frequently played host to friends such as Tony Bennett and Glen Campbell.
Panoramic views overlooking the Coachella Valley and San Jacinto Mountains beyond are emphasized by the home’s dramatic structure. A grand courtyard located in the center of the home under the protection of the undulating roof offers unparalleled outdoor living space. Additional amenities include two swimming pools, one indoor and one outdoor, a tennis court and a putting green.
The Real Estate Board of Greater Vancouver Housing Market Update for November 2012 with REBGV president Eugen Klein
![]() |
Four Thousand Hooks by Dean AdamsA True story of fishing and coming of age on the high seas of AlaskaBook Launch & Signing – hosted by Captain’s Nautical Supply “I relived my own past reading Four Thousand Hooks. The way Adams describes seeing things for the first time through the eyes of a greenhorn crew member—the sights and smells, what it’s like to really feel work and exhaustion, being on your own as a young man in Alaska—brought back memories I didn’t know I had.” Sig Hansen |
Univ. of Washington Press releases my book on Oct. 1. Join us on Oct. 7 to celebrate the arrival of Four Thousand Hooks—a true story of fishing and coming of age on the high seas of Alaska— a view like no other, into the culture and lifestyle of Alaska fishermen.
Dean Adams
See www.fourthousandhooks.com for book tour dates and more information
This $60 million chateau in the French Riviera features 35-bedrooms and is set to be the new home of the Pitts to raise their plethora of children.
The Jolie-Pitts are almost halfway through their three year lease-to-own deal with the Chateau owners – a transaction that was necessitated by complicated French tax laws – and Brad is busy overseeing dozens of contractors who are bringing the estate up to his standards.
Brad personally designed the furniture, and it will come with a final price tag of nearly $500,000.
Chateau Miraval dates back to pre-Roman times (720-121 BC.) and is located in a village called Brignol, which is near from Aix-en-Provence in France.
This beautuful little paradise castle from South of France is approached down a long winding lane through forest and vineries. Well known for its wines, woods and vineyards, it’s been quoted several times in the french Hachette guide.
The last owner undertook great work of handing-over back to a vineyard and all the surrounding area, which makes this property a small jewels of south of France, region de Provence.
The pre-Roman estate also boasts a swimming pool, billiards room, indoor pool, his-and-hers gyms, sauna and jacuzzi and a huge banquet hall.
Magnificent cascading stone-walled terraces have been replanted with 13 different varieties of olives, and water is everywhere on the sprawling estate-20 fountains, aqueducts and a stream that runs through hidden tunnels, passes through the moat and fills the lake.
By David Larock
Last week federal finance minister Jim Flaherty surprised real estate market stakeholders by announcing a fourth round of changes to the rules that are used to qualify borrowers who have less than 20 per cent equity in their property (commonly referred to as high-ratio borrowers).
You would have thought that Mr. Flaherty was announcing the arrival of the Four Horsemen of the Apocalypse when reading the reactions of most mortgage industry insiders, which I find surprising given that the first three rounds of rule changes did not broadside our real estate markets, as had been predicted each time, and have in fact proven quite prescient in hindsight.
Let’s quickly review how we got to this point:
Ultra-low mortgage rates have been the primary drivers of house-price appreciation across most Canadian real estate markets over the last several years. At first this cause-and-effect helped our economy when it was otherwise vulnerable, by stimulating demand in a wide range of housing-related industries. But while emergency-level borrowing rates can provide an effective short-term economic boost, if rates are left too low for too long they can also fuel asset bubbles (history provides many precedents on this point – and those who do not learn from history are doomed to repeat it).
Our political leaders and regulators have been grappling with a very difficult question for some time now: How do we keep our interest rates at the stimulative levels that our broader economy still desperately needs while guarding against credit and housing bubbles? Each time the answer has been the same: Tighten mortgage lending rules, give the market time to adjust and then tighten again if needed.
Over the past few months our leaders have (at long last) come around to the view that our interest rates are going to stay low for the foreseeable future and that if rising rates aren’t going to slow the market naturally (as was previously hoped), more tightening is needed.
Here are the changes that were just announced and that will take effect on July 9 (with my comments following each bullet point):
* The maximum amortization on a high-ratio mortgage will be reduced from 30 years to 25 years.
Mathematically, this change has the same impact on mortgage affordability as a .95 per cent rise in interest rates. That said, while 40 per cent of high-ratio borrowers opted for a 30-year amortization over the last year, the vast majority of these borrowers could have qualified using a 25-year amortization anyway, so this change should only affect marginal borrowers who would have been the most vulnerable to rate rises in future. (If Mr. Flaherty had asked me, I would have suggested lowering the maximum amortization on the rate used to qualify borrowers instead. This tweak would have allowed high-ratio borrowers to set their minimum mortgage payment using a 30-year amortization as long as they could qualify using a 25-year amortization…but I digress.)
There is also an inherent benefit in making this change at this time, which industry observers have not acknowledged. Looking ahead, when mortgage rates eventually do rise, the maximum amortization threshold can be increased back to 30 years to help cushion the impact of higher borrowing costs. This gives the federal government the option of using an incremental payment shock absorber at some critical future point.
* Mortgage refinancings will now be limited to a maximum of 80 per cent of the value of a property (down from 85 per cent).
Rapidly rising house prices create a wealth effect that allows homeowners to live beyond their means. While only a minority succumb to this temptation, at the margin these home owners form a large enough group to threaten the stability of our real estate markets and, left unchecked, even our overall financial system.
These borrowers typically rack up high-interest unsecured debt and when it becomes unmanageable, they roll it into their mortgage at today’s record-low rates. They wash, rinse and repeat until house prices stop rising and then when they can no longer access new money this way…boom goes the dynamite.
The decision to stop offering high-ratio mortgage insurance on refinance transactions is an attempt to reign in the conversion of credit-card debt into mortgage debt. This practice was commonplace during the U.S. housing bubble run-up and exponentially increased the long-term damage done to the U.S. economy when real estate prices corrected. Home equity extraction has been steadily rising in Canada over the last decade and the federal government is wise to take steps to limit the potential damage it can cause.
The overwhelming majority of my mortgage industry colleagues feel that credit-card debt, not mortgage debt, is the real problem that the federal government must address. This view is either naïve, blindly self-interested or both. Our industry has been abetting the growth of credit-card debt by converting it to mortgage debt.
High-ratio mortgages are subject to greater regulation because the risk on these instruments is taken by the federal government and ultimately, by Canadian taxpayers. The risk on credit-card debt, on the other hand, is taken by individual credit-granting institutions. That means that if over-consuming borrowers default on their credit-card debt the negative impact is essentially limited to the borrower and the lender, while a material increase in mortgage defaults can send shock waves throughout the economy (see the current U.S. example, where it is mortgage defaults, not credit-card write-offs, that have created Depression-like conditions).
Put another way, if you ask any regulator whether they would rather have credit-card defaults or mortgage defaults, you won’t have to wait long for the answer.
* High-ratio mortgage insurance will no longer be offered on properties valued at over $1 million.
History has shown that high-value properties are subject to greater price fluctuations when real estate markets soften and as such, highly leveraged high-end properties come with an inherently higher level of risk. Requiring a minimum down payment of 20 per cent is a way to help mitigate this increased marginal risk.
From a mortgage-industry perspective, this change gives balance-sheet lenders (large banks) an increased competitive advantage over lenders who need mortgage default insurance to securitize their loans. That means that high-end borrowers (and the mortgage planners who work with them) will now have fewer lenders to choose from. In spite of this, it is still seems to be the right thing to do in an environment where many inter-related risks appear elevated.
* The maximum gross debt service ratio will be limited to 39 per cent and the maximum total debt service ratios will remain at 44 per cent.
Until now, high-ratio borrowers with excellent credit scores could have their gross debt service ratios waived altogether. This has meant that their mortgage and other basic property costs could total 44 per cent of their gross income if they had no other debt. Now their mortgage and other basic property costs will be capped at 39 per cent, regardless of whether they have any other debt, and that slightly reduces the maximum mortgage amount for the relatively small sub-group of borrowers who have no other debt.
The two most common questions being asked regarding the coming changes are:
* How will this affect my existing mortgage at renewal?
Answer: Not at all. As long as you don’t need to borrow more money, your existing mortgage terms will remain in place, even if you switch lenders at renewal.
* How does this affect my existing pre-approval?
Answer: Pre-approvals that do not become live deals before July 9 will be subject to the new rules beyond that date; if, on the other hand, you have an accepted offer to purchase and you convert your pre-approval to a live deal before July 9, your high-ratio mortgage will not be subject to the most recent changes.
If you have other questions, you can check out this question and answer page on the Department of Finance website, or email me for more details.
Five-year Government of Canada bond yields rose 12 basis points last week, closing at 1.31 per cent on Friday. Despite this rise, lenders are still enjoying healthy gross spreads on five-year fixed-rate mortgages in the 3.09 per cent range. We also saw the launch of some new promotions on shorter-term fixed rates and this wider-than-normal variance at the short end of the interest-rate curve means that borrowers who shop around will be well rewarded for their effort.
Five-year variable rates are still being offered at only a shade below fixed rates (2.80 per cent vs. 3.09 per cent) and as such, I don’t think they offer borrowers enough of a margin of safety to justify their inherent risk.
The bottom line: There is an understandable fear that over-tightening mortgage rules will engineer the very house-price correction we seek to avoid but under tightening could eventually prove even more disastrous (and no one has more to lose than people who depend on a healthy real estate market to make their living).
The first three rounds of changes were initially unpopular but all have thus far proven to be prudent with the passage of time. While I am instinctively skeptical of government intervention in the market, Flaherty has so far consistently earned my respect where changing mortgage regulations are concerned. If this short-term pain helps to preserve our long-term gains, then I’m all for it.
Where does Trust begin?
“No one has ever become poor… giving.”
-Anne Frank
There is something in the human DNA that makes us feel good when we give to others. Even the simplest act–opening a door for a stranger, letting the car in front of you merge in traffic, or buying a coffee for a friend—can be enough to change our mood, and the mood of those around us. As much as we are all different, the intention to give is a rewarding force that’s wired into each of us.
While years of practice and reinforcement can make it easy to remember to open a door for someone, our intention to give can easily slip when we head to work. Whether it’s stress, competition or the high stakes of daily performance, it can be easy to inadvertently leave our good intentions at the office door, and shift instead to the intention to receive.
Receiving vs. Giving
As real estate professionals, the intention to receive takes over when we begin thinking about our needs. We begin to focus on doing another sale, making another commission, breaking another sales record, making a lot of money, paying the bills, or buying an expensive car.
The intention to give looks entirely different. When you truly care about helping another family find their dream home, and you want to make the transaction as easy and as stress-free as possible, then your intention is to give. When you’re committed to helping a seller get the most amount of money for their home, with the least inconvenience in the shortest period of time, you’re intention is to give.
Where Trust Begins
What’s interesting is that intention itself is invisible—it’s neither seen nor heard. But it can be felt, and when it is, it creates another invisible companion that’s critical to sales success: trust. When people feel that you have their best interest at heart, they trust you. When they know you’ll do the right things for the right reasons, they’ll find themselves wanting to do business with you because of that invisible sense of trust—sometimes without even being able to explain it.
As one of my great mentors Jim Rohn said, though: We don’t get in life what we want, we get in life who we are. Jim claims that success is not something to be pursued, but something that you attract by the person you are.
If the person you are is the sum of your intentions, then that means intention is something we can’t afford to leave at the door. It can’t be just something we focus on when it’s convenient. It’s something we need to do day in, day out. It’s the difference between the good and the great.
Until next time, make it count!
Tourism Whistler update on business levels for the 2011/ 2012 winter season.
With significant wins in December and January and with February and March pacing well ahead of last year, this winter is shaping up to be one of – if not the – best winter season in recent years (post the 2008-recession) with regards to room night volumes.
Please note some highlights below:
Business Levels in Whistler:
This past December was our busiest December on record in terms of room nights and saw a double digit increase over last winter.
January is looking very strong compared to last year, and February, March and April are all pacing ahead.
This winter is on track to be more than 10% ahead of last winter in terms of room night bookings.
Several factors affecting the positive results include:
The success of Tourism Whistler’s efforts, which include:
1. Enhanced Whistler profile from increased investment into brand marketing in key target markets – aimed at leveraging the global awareness garnered from the 2010 Winter Games.
2. Gains in early bookings through a resort-wide early-booking program in partnership with our in-resort mountain and hotel stakeholders and our in-market tour operators.
3. Significant interest generated by the Whistler Sabbatical Project – Tourism Whistler’s 2011/ 2012 winter marketing campaign.
Whistler’s snow advantage – particularly compared to many major U.S. ski resorts.
Considerations:
The volatility in the international economic climate has resulted in a shift in consumer behavior which experts suggest is permanent. How people spend has changed and travellers are seeking greater value for money than ever before.
Regardless of budget – from moderate to luxury – people are looking to get the biggest bang for their buck – and Whistler is continuing to work hard, ensuring we deliver upon that.
We recognize how fortunate we are. Mother Nature has been very kind to Whistler this season – and we’re pleased to see other resorts starting to receive snow, as that is good for the entire ski industry for the long-term.
Here is a quote from the late Steve Jobs that I wanted to share:-
“When I was 17, I read a quote that went something like this, “If you live each day as if it was your last, someday you’ll most certainly be right.” Since then…I have looked in the mirror every morning and asked myself, “If today were the last day of my life, would I want to do what I am about to do today?” And whenever the answer has been “no” for too many days in a row, I know I need to change something. Your time is limited…Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition…Everything else is secondary.”
– From Steve Jobs’s June 12, 2005, Stanford Commencement Address
Macdonald Realty was founded in Vancouver in 1944 and has continued to grow through the years and the changes in the real estate market. We’re solid, established and respected, with 20 offices throughout British Columbia. Today, we’re Western Canada’s largest independent full service real estate company, with Residential, Commercial, Property Management and Project Marketing divisions. And we’re still proudly BC owned and operated.
As an agent with the largest realtor network in Canada, Macdonald Realty, Shauna O’Callaghan, works locally on a national scale. Shauna’s excellent reputation is the result of unparalleled respect for clients and market smarts.
Sign Up for Market Updates and More!
© Copyright 2020 Shauna O’Callaghan – Site Crafted By: Whistler Web & Print
Title | Price | Status | Type | Area | Purpose | Bedrooms | Bathrooms |
---|