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	<title>North Vancouver Real Estate</title>
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	<link>http://www.garyborn.com/blog</link>
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		<title>BETTER THAN NEW</title>
		<link>http://www.garyborn.com/blog/2009/04/better-than-new/</link>
		<comments>http://www.garyborn.com/blog/2009/04/better-than-new/#comments</comments>
		<pubDate>Thu, 09 Apr 2009 23:59:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Home Buyers]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=116</guid>
		<description><![CDATA[Here&#8217;s an overused realtor phrase that rarely is true, &#8220;better than new&#8221;. I recently listed a 2 year old home in North Vancouver, near Edgemont Village, which truly is better than new. Definitely not a spec home! It&#8217;s a stylish custom built home where every detail has been thoughtfully considered for today&#8217;s active family. Most [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Verdana;"><span style="font-size: small;">Here&#8217;s an overused realtor phrase that rarely is true, &#8220;better than new&#8221;. I recently listed a 2 year old home in North Vancouver, near Edgemont Village, which truly is better than new. Definitely not a spec home! It&#8217;s a stylish custom built home where every detail has been thoughtfully considered for today&#8217;s active family. Most new homes don&#8217;t include window coverings, closet organizers and built-in sound systems. Appliances tend to be on the lower end. Often the landscaping is incomplete and lacks outdoor lighting and in-ground sprinklers and fencing. These items all add up to tens of thousands of dollars.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-family: Verdana;"><span style="font-size: small;">All these issues have been taken care of. Imagine gorgeous window coverings, top-of-the-line appliances including a 6 burner &amp; griddle gas cook top, front loading washer &amp; dryer and speakers and closet organizers galore. The landscaping is lush and complete with in-ground sprinklers and lighting and features a gorgeous maple tree in the front. All this plus no GST. Check out the video tour of 3029 Paisley Road at <a href="http://www.garyborn.com">www.garyborn.com</a></span></span></p>
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		<item>
		<title>Property sales strengthen in current market cycle</title>
		<link>http://www.garyborn.com/blog/2009/04/property-sales-strengthen-in-current-market-cycle/</link>
		<comments>http://www.garyborn.com/blog/2009/04/property-sales-strengthen-in-current-market-cycle/#comments</comments>
		<pubDate>Mon, 06 Apr 2009 22:28:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Market Report]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=111</guid>
		<description><![CDATA[VANCOUVER, B.C. ? April 2, 2009 ? The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season. ? Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Metro Vancouver for the month, a 53 per [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><strong style="mso-bidi-font-weight: normal;">VANCOUVER, B.C. ? April 2, 2009</strong> ? The Metro Vancouver housing market experienced a movement away from volatility and toward stability to start the spring season.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><span style="mso-spacerun: yes;">?</span></span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;">Home sales in March 2009 returned to levels witnessed at the beginning of the decade, with 2,265 sales recorded across Metro Vancouver for the month, a 53 per cent increase over February but a 24.4 per cent decrease over March 2008, when 2,997 sales were recorded.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><span style="mso-spacerun: yes;">?</span></span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;">Since 1999, March sales have increased 31 per cent, on average, over the month of February. March 2009 marks the second consecutive month that sales have outperformed the ten-year average for this month-over-month comparison.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><span style="mso-spacerun: yes;">?</span></span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"></p>
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		<item>
		<title>Property listings decrease, as February sales improve</title>
		<link>http://www.garyborn.com/blog/2009/03/property-listings-decrease-as-february-sales-improve/</link>
		<comments>http://www.garyborn.com/blog/2009/03/property-listings-decrease-as-february-sales-improve/#comments</comments>
		<pubDate>Thu, 05 Mar 2009 00:54:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Market Report]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=109</guid>
		<description><![CDATA[VANCOUVER, B.C. ? March 3, 2008 ? Residential housing sales in Greater Vancouver rose 94 per cent in February compared to the month before, with 1,480 sales registered in February compared to 762 sales in January, which was the slowest month for housing sales in 25 years. Over the past 10 years, February sales have [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><strong style="mso-bidi-font-weight: normal;">VANCOUVER, B.C. ? March 3, 2008</strong> ? Residential housing sales in Greater Vancouver rose 94 per cent in February compared to the month before, with 1,480 sales registered in February compared to 762 sales in January, which was the slowest month for housing sales in 25 years. Over the past 10 years, February sales have typically surpassed January by an average increase of 53 per cent.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><span style="mso-spacerun: yes;">?</span></span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;">At the same time, new MLS</p>
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		<item>
		<title>Market Report</title>
		<link>http://www.garyborn.com/blog/2009/02/home-listings-withdraw-as-sales-volume-slows/</link>
		<comments>http://www.garyborn.com/blog/2009/02/home-listings-withdraw-as-sales-volume-slows/#comments</comments>
		<pubDate>Wed, 04 Feb 2009 19:17:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Market Report]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=106</guid>
		<description><![CDATA[Home listings withdraw as sales volume slows VANCOUVER, B.C. ? February 3, 2009 ? The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s. ? The Real Estate Board of [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: small;"><span style="font-family: Times New Roman;"><strong style="mso-bidi-font-weight: normal;"></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><strong style="mso-bidi-font-weight: normal;"><span style="font-size: 18pt;">Home listings withdraw as sales volume slows</span></strong></p>
<p></strong></span></span></p>
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<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><strong style="mso-bidi-font-weight: normal;">VANCOUVER, B.C.</strong> ? February 3, 2009 ? The first month of 2009 saw a continued reduction in the number of homes listed for sale in Greater Vancouver, while sales volumes in January were the lowest for that month since the early 1980s.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><span style="mso-spacerun: yes;">?</span></span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;">The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties declined 58.1 per cent in January 2009 to 762 from the 1,819 sales recorded in January 2008.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><span style="mso-spacerun: yes;">?</span></span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;">New listings for detached, attached and apartment properties declined 20.9 per cent to 3,700 in January 2009 compared to January 2008, when 4,675 new units were listed. Total active listings in Greater Vancouver currently sit at 13,966, down nearly 6,000 listings from October 2008.</span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;"><span style="mso-spacerun: yes;">?</span></span></span></p>
<p class="MsoNormal" style="margin: 0cm 0cm 0pt;"><span style="font-size: small;"><span style="font-family: Times New Roman;">Overall residential benchmark prices, as calculated by the MLSLink Housing Price Index</span></span></p>
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		<title>Market Report Update</title>
		<link>http://www.garyborn.com/blog/2009/01/market-report-update-2/</link>
		<comments>http://www.garyborn.com/blog/2009/01/market-report-update-2/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 22:36:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Market Report]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=104</guid>
		<description><![CDATA[  2008 brought improved housing affordability to Greater Vancouver   VANCOUVER, B.C. – January 5, 2009 – The record-breaking real estate market cycle in Greater Vancouver, longer than normal at seven consecutive years, ended in 2008 amidst global economic challenges. The change brought relief from rising prices that saw benchmark prices escalate from $357,770 for [...]]]></description>
			<content:encoded><![CDATA[<p> <br />
<strong>2008 brought improved housing affordability to Greater Vancouver</strong><br />
 <br />
VANCOUVER, B.C. – January 5, 2009 – The record-breaking real estate market cycle in Greater Vancouver, longer than normal at seven consecutive years, ended in 2008 amidst global economic challenges. The change brought relief from rising prices that saw benchmark prices escalate from $357,770 for a single family detached home in December 2001 to $648,421 by December 2008.<br />
 <br />
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties decreased 35.3 per cent in 2008 to 24,626 sales compared to 38,050 sales in 2007. Property listings for the year increased 13.9 per cent to 62,561 compared to 2007 when 54,945 new properties were listed.<br />
 <br />
“Trends in the latter half of 2008 showed a consistent month-over-month decrease in residential housing prices, adeparture from the rising home prices and record-breaking sales that were experienced in Greater Vancouver for much of this decade,” said REBGV president, Dave Watt.<br />
 <br />
“It’s also important to note that our December statistics show a third consecutive month of a decrease in active property listings in Greater Vancouver. That means supply is coming down,” Watt said. “Last month was also the first time in 27 years that Greater Vancouver homes sales for December were higher than November.”<br />
 <br />
Residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 10.9 per cent between Decembers 2007 and 2008. Since May 2008, the overall residential benchmark price has declined 14.8 per cent in Greater Vancouver to $484,211 from $568,411.<br />
 <br />
“For buyers, lower prices haven’t been a concern as much as the perception that prices are falling. It’s difficult to identify the ‘bottom’ of the market. The reality is that people tend to buy when prices are going up, not when they’re going down,” Watt said.<br />
 <br />
In December 2008, sales of detached, attached and apartment properties totalled 924, a decrease of 51.3 per cent compared to the 1,897 sales in December 2007.<br />
 <br />
New listings for detached, attached and apartment properties declined 8.6 per cent to 1,550 in December 2008 compared to December 2007 when 1,695 new units were listed. Total listings in December declined 17.2 per cent to 15,193 from the 18,348 total active listings in Greater Vancouver in November 2008.<br />
Sales of detached properties in December 2008 declined 48.7 per cent to 348 from the 679 units sold during the same period in 2007. The benchmark price for detached properties declined 11.2 per cent from $730,399 in December 2007 to $648,421 in December 2008. Since May 2008, the benchmark price for a detached property in Greater Vancouver has declined 15.9 per cent.<br />
Sales of apartment properties declined 53.7 per cent last month to 417 compared to 901 sales in December 2007. The benchmark price of an apartment property declined 11.7 per cent from $377,579 in December 2007 to $333,275 in December 2008. Since May 2008, the benchmark price for an apartment property in Greater Vancouver has declined 14.5 per cent.<br />
Attached property sales in December 2008 decreased 49.8 per cent to 159, compared with the 317 sales in December 2007. The benchmark price of an attached unit declined 7.4 per cent from $456,941 in December 2007 to $423,338 in December 2008. Since May 2008, the benchmark price for an attached property in Greater Vancouver has declined 11.6 per cent.</p>
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		<item>
		<title>Slow home sales create window of opportunity</title>
		<link>http://www.garyborn.com/blog/2008/12/slow-home-sales-create-window-of-opportunity/</link>
		<comments>http://www.garyborn.com/blog/2008/12/slow-home-sales-create-window-of-opportunity/#comments</comments>
		<pubDate>Mon, 15 Dec 2008 11:12:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Market Report]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=102</guid>
		<description><![CDATA[          VANCOUVER, B.C. – December 2, 2008 – November reductions in home sales and prices have helped improve affordability in Greater Vancouver. However, November also saw a corresponding decrease in the number of new homes coming onto the market.   In its most recent statistics release, the Real Estate Board of [...]]]></description>
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<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="font-weight: bold;">VANCOUVER, B.C. – December 2, 2008</span> – November reductions in home sales and prices have helped improve affordability in Greater Vancouver. However, November also saw a corresponding decrease in the number of new homes coming onto the market.</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">In its most recent statistics release, the Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 69.7 per cent in November 2008 to 874 from the 2,883 sales recorded in November 2007.</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">Residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 12.8 per cent between May and November 2008, amounting to an 8.3 per cent year-to-date price reduction for detached, attached and apartment properties in Greater Vancouver between November 2007 and 2008. In May 2008, the overall residential benchmark price was $568,411, compared to $495,704 in November 2008.</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">“Times of turmoil, from which we always emerge, offer excellent opportunities to buy quality real estate,” says REBGV president, Dave Watt.“For those whose personal finances allow them to get involved, there are opportunities in today’s housing market that have not been seen in many years.</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">“The local real estate market is not immune to the current economic challenges globally; however, Canada’s disciplined lending structure has kept the mortgage landscape steady in these uncertain times.”</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">New listings for detached, attached and apartment properties declined 10.8 per cent to 3,012 in November 2008 compared to November 2007, when 3,377 new units were listed. Active listings in November declined 4.7 per cent to 18,348 from the 19,257 active listings in Greater Vancouver in October 2008.</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">Sales of detached properties in November 2008 declined 69.8 per cent to 322 from the 1,067 units sold during the same period in 2007. The benchmark price for detached properties declined 8.6 per cent from November 2007 to $666,525. Since May 2008, the benchmark price for a detached property in Greater Vancouver has declined 13.6 per cent.</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">Sales of apartment properties declined 67.9 per cent last month to 410 compared to 1,276 sales in November 2007. The benchmark price of an apartment property declined 8.6 per cent from November 2007 to $342,315. Since May 2008, the benchmark price for an apartment property in Greater Vancouver has declined 12.2 per cent.</p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;"><span style="mso-spacerun: yes;"> </span></p>
<p style="font-size: 11pt; margin: 0in; font-family: Calibri;">Attached property sales in November 2008 decreased 73.7 per cent to 142, compared with the 540 sales in November 2007. The benchmark price of an attached unit declined 6.4 per cent between November 2007 and 2008 to $426,287. Since May 2008, the benchmark price for an attached property in Greater Vancouver has declined 11 per cent.</p>
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		<title>TURN YOUR HOME &#8216;GREEN&#8217;</title>
		<link>http://www.garyborn.com/blog/2008/11/turn-your-home-green/</link>
		<comments>http://www.garyborn.com/blog/2008/11/turn-your-home-green/#comments</comments>
		<pubDate>Thu, 20 Nov 2008 00:40:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[Home Maintenance]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=99</guid>
		<description><![CDATA[Eco-friendly. Carbon footprint. Global warming. Energy-efficient. These catch phrases have become part of our lexicon as we’ve become more aware of our impact on the environment and our role in protecting it. As a homeowner, there are some simple, inexpensive steps you can take to make your home energy-efficient. Get started on the road to [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;"><a href="http://www.garyborn.com/blog/wp-content/uploads/2008/11/going-green-round-stamp.jpg"><img class="alignnone size-medium wp-image-100" title="going-green-round-stamp" src="http://www.garyborn.com/blog/wp-content/uploads/2008/11/going-green-round-stamp-300x293.jpg" alt="" width="82" height="75" /></a>Eco-friendly. Carbon footprint. Global warming. Energy-efficient. These catch phrases have become part of our lexicon as we’ve become more aware of our impact on the environment and our role in protecting it. As a homeowner, there are some simple, inexpensive steps you can take to make your home energy-efficient. Get started on the road to being “green” with these five tips:</span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><strong><span style="font-size: small; font-family: Times New Roman;"> </span></strong></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><strong><span style="font-size: small;"><span style="font-family: Times New Roman;">Change Your Light Bulbs</span></span></strong></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">By replacing just five incandescent light bulbs with compact fluorescent (CFL) bulbs, you can save $100 per year on electric bills while using up to 75 percent less energy and removing greenhouse gases from the environment.</span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;"> </span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><strong><span style="font-size: small;"><span style="font-family: Times New Roman;">Buy ENERGY STAR® Appliances</span></span></strong></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">ENERGY STAR-qualified appliances, such as refrigerators, washers and air conditioners, meet a higher level of energy efficiency set by the Environmental Protection Agency and U.S. Department of Energy than standard models. According to ENERGY STAR, if just one in 10 homes used ENERGY STAR-qualified appliances, the impact could be compared to planting 1.7 million new acres of trees. And, switching to these appliances is not only good for the environment, but easy on your pocketbook. Although these appliances may costs more, you can reduce your energy bill by $80 per year.</span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><strong><span style="font-size: small; font-family: Times New Roman;"> </span></strong></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><strong><span style="font-size: small;"><span style="font-family: Times New Roman;">Seal Up</span></span></strong></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Cracks and air leaks represent cash seeping from your doors and windows. Get rid of air leaks in doors, windows and other areas by caulking gaps and cracks. This will help decrease your heating and air conditioning bill. But make sure you use silicone sealants. Acrylic caulk tends to shrink, while silicone sealants are waterproof and won’t shrink or crack, creating less waste.</span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;"> </span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><strong><span style="font-size: small;"><span style="font-family: Times New Roman;">Use Less Water</span></span></strong></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Did you know that roughly 60 percent of a home&#8217;s water consumption takes place in the bathroom, according to the California Urban Water Conservation Council? The largest culprit is the toilet, which accounts for 27 percent of your household supply every year. By installing low-flow toilets, showerheads and faucets, you can save thousands of gallons of water each year. In addition, replace leaky fixtures. That slow-dripping faucet can waste as much as 2,400 gallons of water per year. </span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;"> </span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><strong><span style="font-size: small;"><span style="font-family: Times New Roman;">Adjust the Thermostat</span></span></strong></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">When adjusting your home’s thermostat, the rule of thumb should be: turn up the dial in the summer and down in the winter. Lowering the temperature by just one degree will reduce your electrical costs. And if you use a programmable thermostat, you can program your air-conditioning and heating systems to reduce output while no one is at home or at night while you sleep. Ceiling fans are also helpful in circulating the air to keep the room cool in the summer and warm in the winter.</span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;"> </span></p>
<p class="MsoBodyText" style="margin: 0in 0in 0pt;"><span style="font-size: small; font-family: Times New Roman;">Going green doesn’t have to be overwhelming or costly. By making just a few small changes within your home, you can help decrease energy consumption and help make the world a “greener” place. </span></p>
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		<title>OCTOBER MARKET REPORT</title>
		<link>http://www.garyborn.com/blog/2008/11/october-market-report/</link>
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		<pubDate>Thu, 06 Nov 2008 23:52:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Market Report]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=93</guid>
		<description><![CDATA[residential housing price decline    creates buying opportunities     VANCOUVER, B.C. – November 3, 2008 – Housing price reductions across Greater Vancouver over the last six months have eliminated price gains witnessed in the first quarter of 2008. The Real Estate Board of Greater Vancouver (REBGV) reports that residential benchmark prices, as calculated by [...]]]></description>
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<div><strong><span style="font-size: x-large;">residential housing price decline </span></strong></div>
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<div><strong><span style="font-size: x-large;">creates buying opportunities</span></strong></div>
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<p>VANCOUVER, B.C. – November 3, 2008 – Housing price reductions across Greater Vancouver over the last six months have eliminated price gains witnessed in the first quarter of 2008.</p>
<p>The Real Estate Board of Greater Vancouver (REBGV) reports that residential benchmark prices, as calculated by the MLSLink Housing Price Index®, declined 8.8 per cent between May and October 2008, resulting in a 3.9 per cent year-to-date price reduction for detached, attached and apartment properties in Greater Vancouver between Octobers 2007 and 2008. In May 2008, the overall residential benchmark price was $568,411, compared to $518,668 in October 2008.</p>
<p>&#8220;Home sales are not keeping pace with the positive economic conditions in BC,&#8221; said REBGV president, Dave Watt. &#8220;That’s a direct result of a loss of consumer confidence in the overall market. Accordingly, today’s housing market is characterized by moderating home prices and wide selection. It’s definitely a buyer’s market.&#8221;</p>
<p>Residential property sales in Greater Vancouver declined 55 per cent in October 2008 to 1,364 from the 3,028 sales recorded in October 2007.</p>
<p>Active listings totalled 19,257 in October 2008, a three per cent decline from the 19,852 active listings reported in September 2008. New listings for detached, attached and apartment properties increased one per cent to 4,867 in October 2008 compared to October 2007, when 4,819 new units were listed.</p>
<p>Sales of detached properties in October 2008 declined 56.5 per cent to 493 from the 1,133 sales recorded during the same period in 2007. The benchmark price for detached properties declined 4.7 per cent from October 2007 to $695,962. Since May 2008, the benchmark price for a detached property in Greater Vancouver has declined 9.8 per cent.</p>
<p>Sales of apartment properties in October 2008 declined 52.7 per cent to 647, compared to 1,368 sales in October 2007. The benchmark price of an apartment property declined 3.5 per cent from October 2007 to $358,359. Since May 2008, the benchmark price for an apartment property in Greater Vancouver has declined eight per cent.</p>
<p>Attached property sales in October 2008 are down 57.5 per cent to 224, compared with the 527 sales in October 2007. The benchmark price of an attached unit declined 1.4 per cent in Greater Vancouver between October 2007 and 2008 to $448,152. Since May 2008, the benchmark price for an attached property in Greater Vancouver has declined 6.4 per cent.</p>

<a href='http://www.garyborn.com/blog/2008/11/october-market-report/2008-10_northvancouver_hpi_3-year-trend_graph-copy/' title='2008-10_northvancouver_hpi_3-year-trend_graph-copy'><img width="150" height="150" src="http://www.garyborn.com/blog/wp-content/uploads/2008/11/2008-10_northvancouver_hpi_3-year-trend_graph-copy-150x150.jpg" class="attachment-thumbnail" alt="2008-10_northvancouver_hpi_3-year-trend_graph-copy" title="2008-10_northvancouver_hpi_3-year-trend_graph-copy" /></a>
<a href='http://www.garyborn.com/blog/2008/11/october-market-report/2008-10_westvancouver_hpi_3-year-trend_graph-copy/' title='2008-10_westvancouver_hpi_3-year-trend_graph-copy'><img width="150" height="150" src="http://www.garyborn.com/blog/wp-content/uploads/2008/11/2008-10_westvancouver_hpi_3-year-trend_graph-copy-150x150.jpg" class="attachment-thumbnail" alt="2008-10_westvancouver_hpi_3-year-trend_graph-copy" title="2008-10_westvancouver_hpi_3-year-trend_graph-copy" /></a>

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		<title>August Market Report</title>
		<link>http://www.garyborn.com/blog/2008/09/august-market-report/</link>
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		<pubDate>Fri, 19 Sep 2008 19:11:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Market Report]]></category>

		<guid isPermaLink="false">http://www.garyborn.com/blog/?p=72</guid>
		<description><![CDATA[Summer lull sees properties stay on market VANCOUVER, B.C. – September 3, 2008 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,568 in August 2008, a decline of 53.7 per cent from the 3,384 sales in August 2007, and a 47.7 per cent reduction from [...]]]></description>
			<content:encoded><![CDATA[<p>Summer lull sees properties stay on market</p>
<p>VANCOUVER, B.C. – September 3, 2008 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,568 in August 2008, a decline of 53.7 per cent from the 3,384 sales in August 2007, and a 47.7 per cent reduction from the 2,998 sales recorded in August 2006.</p>
<p>New listings for detached, attached and apartment properties declined 1.7 per cent to 4,331 in August 2008 compared to August 2007, when 4,408 new units were listed.</p>
<p>“In August, properties on average remained on the market longer than we’ve seen in recent years,” REBGV president, Dave Watt said. “As the market heads into the traditionally more active fall season, we have begun to see property listings recede and prices moderate.”</p>
<p>Sales of detached properties declined 58.5 per cent to 535 in August 2008 from the 1,288 detached sales recorded during the same period in 2007. The benchmark price, as calculated by the MLSLink Housing Price Index®, for detached properties rose 1.6 per cent from August 2007 to $737,985. Since May 2008, the benchmark price for a detached property in Greater Vancouver has declined 4.3 per cent.</p>
<p>Sales of apartment properties in August 2008 declined 50.8 per cent to 740, compared to 1,504 sales in August 2007. The benchmark price of an apartment property increased 1.7 per cent from August 2007 to $374,366. Since May 2008, the benchmark price for an apartment property in Greater Vancouver has declined 3.9 per cent.</p>
<p>Attached property sales in August 2008 are down 50.5 per cent to 293, compared with the 592 sales in August 2007. The benchmark price of an attached unit increased 3.8 per cent in Greater Vancouver between August 2007 and 2008 to $463,433. Since May 2008, the benchmark price for an attached property in Greater Vancouver has declined 3.9 per cent.</p>
<p>As of August 31, 2008, active residential listings totalled 17,950 in Greater Vancouver, a 6.2 per cent decline from the 19,138 active listings seen on July 31, 2008.</p>
<p><img class="alignnone size-full wp-image-83" title="2008-07_northvancouver_hpi_3-year-trend_graph-copy1" src="http://www.garyborn.com/blog/wp-content/uploads/2008/09/2008-07_northvancouver_hpi_3-year-trend_graph-copy1.jpg" alt="" /></p>
<p><img class="alignleft size-full wp-image-84" title="2008-07_westvancouver_hpi_3-year-trend_graph-copy1" src="http://www.garyborn.com/blog/wp-content/uploads/2008/09/2008-07_westvancouver_hpi_3-year-trend_graph-copy1.jpg" alt="" /></p>
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		<link>http://www.garyborn.com/blog/2008/08/59/</link>
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		<pubDate>Thu, 28 Aug 2008 20:21:30 +0000</pubDate>
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		<description><![CDATA[» In order that people may be happy in their work, these three things are needed: They must be fit for it. They must not do too much of it. And they must have a sense of success in it.]]></description>
			<content:encoded><![CDATA[<p>» In order that people may be happy in their work, these three things are needed: They must be fit for it. They must not do too much of it. And they must have a sense of success in it.</p>
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