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John Coulthard
Macdonald Realty Westmar
#203 - 5188 Westminster Hwy, Richmond, BC
P: 604-209-8424
F: 604-279-1887
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Friday, March 22, 2013 - Spring Market Starting to Move!"

You may have noticed more "Sold" stickers as you drive around town.  We have seen a marked increase in sales these past few months.   In the prior 10 months or so, there had been many buyers interested in Real Estate but had been holding off a decision.  "Sitting on the Fence" and watching to see what prices were going to be doing.  This has resulted in "Pent Up Demand".  Now many of these buyers sense prices have "Bottomed Out" and it is the right time to buy.   And of course Spring helps, ... Full Article...

posted in General at Fri, 22 Mar 2013 15:21:33 -0700



Friday, March 22, 2013 - Spring Market Starting to Move!"

You may have noticed more "Sold" stickers as you drive around town.  We have seen a marked increase in sales these past few months.   In the prior 10 months or so, there had been many buyers interested in Real Estate but had been holding off a decision.  "Sitting on the Fence" and watching to see what prices were going to be doing.  This has resulted in "Pent Up Demand".  Now many of these buyers sense prices have "Bottomed Out" and it is the right time to buy.   And of course Spring helps, ... Full Article...

posted in General at Fri, 22 Mar 2013 15:21:33 -0700



Wednesday, June 29, 2011 -

Its been a pretty wild ride this year!  The market went nuts in the first 3 months of the year, then cooled off a bit due to the fact the Asian buyers - who are dictating the Richmond Market - were a little concerned with the effects an earthquake would have on Richmond.  And now in the month of June, things have picked up again as these same buyers are regaining confidence.

posted in General at Wed, 29 Jun 2011 17:25:44 -0700



Wednesday, June 29, 2011 -

Its been a pretty wild ride this year!  The market went nuts in the first 3 months of the year, then cooled off a bit due to the fact the Asian buyers - who are dictating the Richmond Market - were a little concerned with the effects an earthquake would have on Richmond.  And now in the month of June, things have picked up again as these same buyers are regaining confidence.

posted in General at Wed, 29 Jun 2011 17:25:40 -0700



Friday, February 11, 2011 -

What a Crazy Start to the Year!  Prices of Detached Homes in Richmond have gone through the roof these past few months!  Fuelled by a strong demand from Mainland Chinese buyers, houses - sepeciallly older homes on larger lots - are selling like hotcakes and prices for are quite often higher that one million dollars!  I continue to be very busy, as I have made 13 sales these past few months.  And I was again pleased to make the "MLS Medallion Club" - Master Memeber - which recognizes the top ... Full Article...

posted in General at Fri, 11 Feb 2011 09:41:39 -0800



Monday, May 17, 2010 -

"HST" and Real Estate.  Unless Bill Vanderzalm works miracles, it looks like the HST will be kicking in July 1.  Now I think one of the biggest misconceptions people have is that they will have to pay this 12% Tax when they buy a home.  Not true!  As with the GST, HST only applies to new construction, and again it will be scaled down depending on the price of the new construction.  As before, if you are looking for an "existing house" (or ReSale if you will), you do not have to pay HST on it.  ... Full Article...

posted in General at Mon, 17 May 2010 12:17:33 -0700



Wednesday, April 14, 2010 -

Although prices for detached housing is at an all time high and out of reach for the vast majority of First time buyers, there are some excellent buys for those looking to get into the market.  Surprisingly, activity has slowed on level entry condos and some townhouses, therefore the prices have stabilizied. Now interest rates are starting to rise somewhat, but you can still get a 5 year closed mortgage for under 4%, which is more than reasonable! Spring is in the air, and time to start ...

posted in General at Wed, 14 Apr 2010 12:09:41 -0700



Monday, March 15, 2010 -

I trust you were all like me and thoroughly enjoyed the Olympics!  The excitment of hosting such a huge international event seemed to capture the iimagination and spirit of the locals and we came out in droves to celebrate our patriotism and pride in our country and city.  Now lets hope that pride carries on.  And we should feel proud and not be shy about it.  We live in an absolutely fabulous place, and now the rest of the world knows it also.The Real Estate Market continues to be quite brisk, ... Full Article...

posted in General at Mon, 15 Mar 2010 12:38:01 -0700



Tuesday, February 23, 2010 -

February 23, 2010   What an incredible and exciting time for our fair city! I have totally embraced this Olympic Experience and I think its about the greatest thing that has ever happenned! I've been to a speed skating event at the oval, the Canada - Norway Hockey game and am heading up to Whistler this Saturday for a Sliding event. Been downtown a couple of times and the O zone several times. I've been to the Heineken House here in Richmond a couple of nights and was lucky enough to partake in ... Full Article...

posted in General at Tue, 23 Feb 2010 10:26:52 -0800



Wednesday, January 27, 2010 -

We are well into January and the Market is still very strong! Its an excellent opportunity for first time buyers to take advantage of the low rates, and I have a few listings that would appeal to them.  And if you own a house - especially what I term "older homes on larger lots in established neighbourhoods" - and want to sell for a lot of money, now is a great time to do so as well!  These type of homes in Richmond are now well over $700,000! I was pleased once again to qualify for the ...

posted in General at Wed, 27 Jan 2010 13:00:55 -0800



Tuesday, January 5, 2010 -

"Happy New Year" to all!As we are in the early stages of 2010, the Real Estate Market - which usually takes a few weeks to get going in January - remains very active in Richmond! Right now, prices for Single Detached Houses have never been higher!  And Townhouses and Apartments are pretty well at their peak as well.  All this activiity and escalating values can be attributed to Super Low Mortgage Rates and Demand from Overseas Buyers.How long this market will last is anyone's guess, as I ...

posted in General at Tue, 05 Jan 2010 11:18:56 -0800



Thursday, December 10, 2009 -

Hi Everyone.  As we near the end of the year, I would first of all Like to Wish Everyone a Very Merry Christmas and all the best for 2010, our Olympic Year.  I'm quite excited for the Olympics as I have volunteered and will be working as a "Driver" for Athletes, VIP's and such.  It should be a great experience.  Also, with the acitivities they have planned in Richmond - the "O" zone, Heineken House etc. - it will be very festive locally.2009 was a very good year for me in Real Estate as I was ... Full Article...

posted in General at Thu, 10 Dec 2009 12:21:48 -0800



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