Nov3

Maria MAK – IMMORTAL INNOCENCE new book celebration party

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Join me for this fun celebration party of my new illustrated poetry book” Immortal Innocence”.

We’ll have the whole afternoon to sing, paint, dance, play, eat and drink, celebrate and have some fun! Artists, writers, musicians, colleagues, friends and family are all welcome to come and enjoy this joyful day with me.  Live music, snacks and wine/drinks, don’t miss out!!

Date: 3rd November 2018

Time: 2-4 PM  

Place: Trinity-Grace United Church

803- E 16th Ave Vancouver

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Mar10

Maria Mak – Free Real Estate event in appreciation of my clients for the past 29 years

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Through the piercing eyes of a humble realtor with 29 years’ experience, let’s dig deep into this volatile real estate market…how can I assist in achieving your Real Estate goals this year?

Please book early under mariamak.com/contact.html, annual FREE event and 10 limited seats only, snacks and drinks…thanks. https://www.facebook.com/events/383627278767443/?ti=icl

Maria Mak

Sutton Centre

May4

Maria Mak – Burnaby Realtor – Condos and townhomes, continued to impact Metro Vancouver’s housing market in March.

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VANCOUVER, BC – April 4, 2017 – A shortage of residential property listings coupled with
strong demand, particularly for condos and townhomes, continued to impact Metro Vancouver’s
housing market in March.
Residential property sales in the region totalled 3,579 in March 2017, a decrease of 30.8 per cent
from the 5,173 sales recorded in record-breaking March 2016 and an increase of 47.6 per cent
compared to February 2017 when 2,425 homes sold.
Last month’s sales were 7.9 per cent above the 10-year sales average for the month.
“While demand in March was below the record high of last year, we saw demand increase
month-to-month for condos and townhomes,” Jill Oudil, Real Estate Board of Greater Vancouver
(REBGV) president said. “Sellers still seem reluctant to put their homes on the market, making
for stiff competition among home buyers.”
New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,762
in March 2017. This represents a decrease of 24.1 per cent compared to the 6,278 units listed in
March 2016 and a 29.9 per cent increase compared to February 2017 when 3,666 properties were
listed.
This is the lowest number of new listings in March since 2009.
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver
is 7,586, a 3.1 per cent increase compared to March 2016 (7,358) and a 0.1 per cent decrease
compared to February 2017 (7,594).
The sales-to-active listings ratio for March 2017 is 47.2 per cent, a 15-point increase over
February. Generally, analysts say that downward pressure on home prices occurs when the ratio
dips below the 12 per cent mark for a sustained period, while home prices often experience
upward pressure when it surpasses 20 per cent over several months.
“Home prices will likely continue to increase until we see more housing supply coming on to the
market,” Oudil said.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro
Vancouver is currently $919,300. This represents a 0.8 per cent decrease over the past six
months and a 1.4 per cent increase compared to February 2017.
Sales of detached properties in March 2017 reached 1,150, a decrease of 46.1 per cent from the
2,135 detached sales recorded in March 2016. The benchmark price for detached properties is
$1,489,400. This represents a 5.0 per cent decrease over the past six months and a one per cent
increase compared to February 2017.
Sales of apartment properties reached 1,841 in March 2017, a decrease of 18.3 per cent
compared to the 2,252 sales in March 2016.The benchmark price of an apartment property is
$537,400. This represents a 5.2 per cent increase over the past six months and a 2.1 per cent
increase compared to February 2017.
Attached property sales in March 2017 totalled 588, a decrease of 25.2 per cent compared to the
786 sales in March 2016. The benchmark price of an attached unit is $685,100. This represents a
1.3 per cent increase over the past six months and a 1.4 per cent increase compared to February
2017.
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*Editor’s Note: Areas covered by the Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast,
Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody,
Port Coquitlam, Coquitlam, Pitt Meadows, Maple Ridge, and South Delta.
The real estate industry is a key economic driver in British Columbia. In 2016, 39,943 homes changed ownership in
the Board’s area, generating $2.5 billion in economic spin-off activity and an estimated 17,600 jobs. The total dollar
value of residential sales transacted through the MLS® system in Greater Vancouver totalled $40 billion in 2016.
The Real Estate Board of Greater Vancouver is an association representing more than 13,500 REALTORS® and
their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For
more information on real estate, statistics, and buying or selling a home, contact a local REALTOR.

 

Mar7

Maria Mak – One Home One Dream One Realtor

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Maria Mak – One Home One Dream One Realtor

Maria Mak / Burnaby REALTOR®

*One Home *One Dream *One Realtor

 

My name is Maria Mak 麥福玲, a Burnaby REALTOR® / Metro Vancouver Real Estate Consultant with Sutton Centre Realty.
  

I approach real estate the same way I approach my art…with passion! When it comes to serving my clients, I always come with a big smile and, most importantly, a big heart!

 

Since 1989 I have made a point of ensuring each satisfied client is not only content with their purchase but does so with a heartfelt smile. While I’m proud to have been honoured with the Sutton President Award, it is more important that I serve and meet all your real estate needs.
 
For over 28 years I have not only been in the business of real estate but in the business of making dreams come true. This is not just any property, this is your home.
 

Residential, multi-family and project marketing are my specialties. I look forward to serving you in English, Cantonese or Mandarin. Let me take care of your most important real estate assets and I’ll make you smile…that’s a promise.

 

Contact me for my unique Real Estate Marketing Plan and my Cash Back Closing Cost Package. I can leverage the latest technology and marketing systems to maximize profitability and guarantee satisfaction for you.
Jul26

Government to introduce a 15% foreign buyer tax effective August 2nd 2016

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July 25, 2016
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 have permanent resident status in Canada.
“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.
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May24

Maria Mak – Burnaby Real Estate Agents – Beautiful 6 bedrooms updated character home on 49.5′ x 122′ lot in prime sought after Main area in Vancouver

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Beautiful 6 bedrooms updated character home on 49.5′ x 122′ lot in prime sought after Main area in Vancouver. 2 new bedrooms with new bathroom on the upper floor, 2 bedrooms on the main floor with new bathroom. 2 separate suites with 2 bedroom & a bachelor suite with separate entrances. New plumbing, new wiring, newer stainless steel appliances in the kitchen, new first class masonry stone fences and landscaping. Any gardener would appreciate the south facing mature lawn and vegetable garden in the back with playhouse. Quiet tree lined location within steps to all amenities. Contact Maria Mak for details and showings.