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Don’t wait to buy land, Buy land and wait: timely advice on the path to real estate prosperity

Rudy Nielsen, Western Investor, May 2, 2018

Don’t wait to buy land, buy land and then wait. I first learned the importance of that saying in 1964 as the youngest realtor in Prince George. I still believe it today.

My career as a realtor has taught me how profitable and rewarding real estate can be. Having assembled development sites for large corporations such us Woodward’s and Safeway, also assembling large subdivisions,

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Home prices in the region far outstrip income all the way to Chilliwack and Hope

Matt Robinson, Vancouver Sun , March 5, 2018

Suggesting young people buy a cheap starter home in the suburbs and later buy in the city, as their parents did, is still valid today — as long as you consider places like Chilliwack and Hope as suburbs of Vancouver.

Those are among the few Lower Mainland municipalities with housing prices that appear not to have blown past incomes over the past two decades,

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New West Hospice Society wins Not-For-Profit of the Year

Cayley Dobie, The New West Record, Nov 25, 2017

A local group looking to bring death out of the shadows was recognized by the New Westminster business community at the 2017 Platinum Awards Thursday night.

New West Hospice Society took home the top prize for Not-For-Profit of the Year at the annual business awards gala organized by the New West Chamber of Commerce held at Starlight Casino.

The society was founded by five New West residents in the fall of 2016.

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West Vancouver and Kelowna swimming in pools

Susan Lazaruk, Vancouver Sun, Aug 26, 2017

If you’re hoping to strike up a friendship with a neighbour who has a backyard pool, your chances improve if you live in Kelowna, West Vancouver or Surrey.

Those cities have the greatest number of single family dwellings with their own backyard pools, according to numbers provided to Postmedia News by Landcor Data Corp., using B.C. Assessment Authority information.

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Western Canada’s cheapest recreation land is in B.C.

By Frank O’Brien, Business in Vancouver, Aug. 9, 2017

The benchmark price of a detached house in Metro Vancouver is now $1.3 million and a typical condominium apartment is $600,000, so $50,000 will buy less than 80 square feet of housing in the city.

But it is much different in the recreational market of vast British Columbia, where a day’s drive can lead to lakefront acreages for less than $40,000,

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Who owns B.C. recreational property?

B.C. Business, Summer 2017

2,577

That’s how many recreational properties changed hands in B.C. in 2016—a 75 per cent surge over the previous year and up almost threefold from 2011. Vacationing Lower Mainlanders may dream of ownership as they snooze on rented lakefront decks this summer, but British Columbians aren’t driving sales, says Rudy Nielsen, president of Niho Land & Cattle Co. Ltd., one of the province’s largest recreational property dealers.

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Cheapest recreational properties in Western Canada

Frank O’Brien & Geoff Kirbyson, Western Investor, July 19, 2017

The benchmark price of a detached house in Metro Vancouver is now $1.3 million and a typical condominium apartment is $600,000, so $50,000 will buy less than 80 square feet of housing in the city.

But it is much different in the recreational market of vast British Columbia, where a day’s drive can lead to lakefront acreages for less than $40,000,

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Residential investing: Time to look at limited partnership

Frank O’Brien, Western Investor, July 11, 2017

The average price for a detached house in Metro Vancouver is now $1.54 million and the average condo apartment is selling for $524,600, according to Landcor Data Corp. You need a large down payment – starting at $100,000 – to make even condo rental payments work at covering your costs, which must include a property manager.

But there is a quieter,

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Prominent philanthropists Joe and Rosalie Segal list Point Grey mansion for $63 million

Derrick Penner, Vancouver Sun, June 22, 2017

The air of Vancouver real estate is rarefied for ordinary purchasers, but prominent philanthropists Joseph and Rosalie Segal are reaching for the top of the luxury market with a $63-million asking price for their palatial Point Grey mansion.

That price would set a record for Metro Vancouver, according to a statement from Sotheby’s International Realty Canada.

The Segals’ home isn’t listed on the real estate industry’s Multiple Listing Service,

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Cabin Fever

Melissa Edwards, BC Business, July/August 2017

2577. That’s how many recreational properties changed hands in 2016 – a 75 per cent surge over the previous year and up almost threefold from 2011. Vacationing Lower Mainlanders may dream of ownership as they snooze on rented lakefront decks this summer, but British Columbias aren’t driving sales, says Rudy Nielsen, president of Niho Land and Cattle Co. Ltd., on of the province’s largest recreational property dealers.

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