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Local Real Estate In Vancouver

Local real estate in Vancouver is becoming harder to find at least affordable real estate.

The real estate boom in the local real estate in Vancouver has been going on for a number of years.

Local Real Estate in Vancouver

A condominium or townhouse in the downtown core or in Vancouver proper will cost you at least one third of $1 million. What will that one third of $1 million to get you?

... that's a good question on average you get a 650 ft. apartment.

Mind you there are other places to live. It's still possible to find affordable apartments, townhouses and condominiums in the suburbs of Vancouver such as Richmond Burnaby, Surrey, New Westminster, Port Moody and other areas within a 30 Minute Drive of downtown Vancouver.

There are realtor websites that you can go to check out all the MLS listings for new homes and occupied homes with people looking to sell.

You'll also find many Vancouver real estate agents not only sell and broker residential properties. But, they also handle commercial real estate and in some cases one or two of them may also be offering their services as a business broker and can help people who are trying to buy a business or buying a business or selling a business.

With the current state of the local real estate market many people have opted to move to the suburbs while they rent their apartments or houses to people who want to live in Vancouver.

Another impact on local real estate in Vancouver is the upcoming Winter Olympics and Para Winter Olympics coming to Vancouver and Whistler in 2010.

Anyone who is able to invest in property in time for the Olympics will have the advantage of being able to turn their property into revenue property and rent it out to visitors who are coming to see the games.

Given the conditions it won't be long before that eventually grows into a shortage of local real estate in the suburbs as well.

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