Dean Birks

I have just compiled the MLS data of Sales and Listings for 2008 here in Prince George. This report is for Detached homes within City limits. We have done alot better than most report.
Also note that May, June, July data is not available and is not represented in the data.

Click Here for the report.

All the best in the new year!
Cheers

Dean Birks

Just another of the many reasons Prince George BC is a fantastic place to live, work and invest!

Click Here to watch video

YXS - The New Transpacific Logisitics Alternative

The Runway Expansion Project has transformed runway 15/33 from 7,400 ft. to 11,450 ft., complete with centre line (LED) lighting, dual ILS navigational systems and a dedicated de-icing refueling pad for wide body aircraft. Once completed, the Runway Expansion Project will allow the PGAA to market the airport as a new transpacific logistics alternative, providing carriers the opportunity to make Prince George a destination of choice for refueling and transshipment of cargo.

Well its that time in the cycle that there are a few Foreclosures now appearing here in Prince George BC. Most are not great deals but you never know.

Bank Foreclosures and Estate Sales often represent a great way to get a great deal on a home and investment property. If you would like a current list of all Foreclosures & Estate Sales in Prince George and surrounding area sent to you by email please click here.

As every day, week go by I find the news media becoming more inaccurate with their facts and I don't see a real good reason why. For the record in Prince George the MLS stats for single family homes on the market here as of Oct.30, 2008 is 487 homes! Not the 800 to 1000 you will hear out there.

Prince George is in a great position to recover ahead of most other places in BC or in Canada for that matter. Unlike the bigger centers Prince George builders never over built and most of the previous sales and future will remain in the resale category.

The next 6 months will be a fantastic time for buyers as it is a buyers market and the investors that buy here as well can still get a positive return on their money. Where the stock market people are happy to get 1% to 5% return you can still find investment homes or duplexes that can give 10% or more.

I think once the US election is over and our Provincial election is over (in May 2009)and the BC Liberals get back in, the world gets their finances in order, Prince George should continue its exciting growth.

Why?

1- Prince George never over built.
2- Lots of commercial rezoning is done and ready to go especially around the airport.
3- Allot of exploration has occurred around PG in the last few years and I don't believe any mine or major company will invest in infrastructure until they know the BC Liberals will get back in. (I believe they will and so should you).
4- Prince George is a great place to work and still own a home without having a massive mortgage payment. (One actually has an option to have a stay at home spouse to raise the kids which is unheard of in the bigger centers).
5- Investors can still get a good return on their money.
6- It is far cheaper to buy an existing home than to build.

That's just to name a few...

Wow another great day here in Prince George BC. Woke up to about 6 inches of new fluffy snow and only -5c. One of the many things I like about Prince George is we normally get 4 different seasons and our winters are normally snow, and sunny skies.

Here is a picture I just took at 7:10am today after I shovelled the snow.