Jark Krysinski & Associates BA,ABR,IMSD (Vancouver,Richmond,Burnaby)

I just sold an amazing property at the ANDALUCA building in Downtown, great property!

This article includes
#1 BUILDING DETAILS first &
#2 BUILDING LOCATION second &
#3 BUILDING & UNIT PHOTOGRAPHS of our recent "Open House"
Contact us @ Jark@SOLDbyJARK.com or 604.790.9945, to view units in this building!
Courtesy of Jark Krysinski & Associates

#1 BUILDING DETAILS
BUILDING NAME: ANDALUCA
HIGHLIGHTS: Andaluca at 1388 Nelson Street was built by Polygon with rainscreen system. Located in the West End, walk to park, seawall and shopping centre.The complex features 42 units with 37 condo units at 1388 Nelson and 5 townhouse units at 1008 Broughton and 1392-1398 Nelson.
BUILT DATE: 1998
MANAGEMENT CONTACT: BAYWEST PROPERTY MGMT, 604-257-0325
DEVELOPER: POLYGON
# STORIES: 4
# UNITS/SUITES: 42
LOCKERS: NO (LARGE INSUITE STORAGE IN THIS BUILDING)
MARKETING:
BUILDER: POLYGON
ARCHITECT: N/A
OTHER FEATURES: Bike Room, Elevator, In Suite Laundry, Clothes Washer/Dryer/Fridge/Stove/DW, Balconies, Rainscreen System, 9ft ceilings, Crown Moldings, Gas Fireplaces, Gardening, Garbage Pickup, Gas, Hot Water, Management

VIRTUAL TOUR: http://bit.ly/ifabo8
#2 BUILDING LOCATION

View Larger Map

#3 BUILDING & UNIT PHOTOGRAPHS

DISCLAIMER: The above information, while deemed to be correct, is not guaranteed.

Dependably,
___________
Jark Krysinski & Associates, REALTOR®, BA, ABR (Sept.)
REMAX Crest Realty Westside, 1428 W. 7th Ave., Van, BC, V6H 1C1.
DIRECT: 604.790.9945, OFFICE: 604.602.1111 x.147
TOLL FREE: 1.888.479.8999, FAX: 604.602.9191
www.SOLDBYJARK.com
www.BRIDGEMAKERSGROUP.COM
www.MEETUP.com/BridgeMakers
www.MEETUP.com/MiddlePeople
www.TWITTER.com/SOLDbyJARK
www.FACEBOOK.com/JarkTheSaint
http://d553bf1.ACTIVERAIN.com/
ca.LINKEDIN.com/pub/JARK-KRYSINSKI/20/b6a/462
"I KNOW EXACTLY WHAT YOU'RE LOOKING FOR"

How stocks have performed relative to Real Estate prices in Canada at large. Which one makes better long-term investment? The article "Stocks vs. Real Estate" give us some useful data for us to decide whether to invest stocks or real estate. Appreciating 12.4% annually between 2001 and 2006, according to the S&P/Case-Shiller U.S. Home Price index. That clobbered stock prices, which gained only 4.3% a year as measured by the S&P 500. Although over the long run stocks win easily, it is also more risky.

It really needs to think twice before you invest. Want to earn more and with less risk? Find us to ask, we are sure we will give you worthy information.

Reference: http://money.cnn.com/galleries/2007/real_estate/0704/gallery.stocks_v_realestate.moneymag/index.html

US Real Estate Investments

I just received this from some dear friends in the US, which is also reported by MSN Real Estate, and wanted to share some great facts with you: "Real-Estate Winners and Losers of 2011"

Let's look back at what 2011 meant for US real estate players, Winners: Property Investors
Here's one thing that almost everyone in the real-estate business seems to agree on: 2011 was the year of the investor. With a flood of bank-owned properties on the market and prices rolled back to 2003 levels, investors who had cash or access to credit were eagerly scooping up properties.
But unlike in years past, investors this year weren't after the flip but the rents, which have inched even higher this year.
This investment boom had many agents reporting intense competition and a flurry of sales on the low end, despite a drab overall market. Cash buyers walked away with many of the steals.

Winners: Apartment Landlords
The housing bust made it great to be a landlord again. Occupancy and rents continued to climb, as more strapped owners were thrust back into the rental market, along with those who were unable or unwilling to buy in a real-estate market still looking for bottom.
U.S. apartment occupancy reached 94.8% in the third quarter, according to MPF Research, up from 91.8% when the rental market hit bottom in 2009. Rents have swelled 7% since then and are expected to grow an additional 5.1% next year, according to MPF.

As for 2012...

With so many factors at play, it's difficult to predict where the US economy will move in 2012. Economists are divided, but the general consensus seems to be that the US will not do much worse that it did in 2011, but not much better either. Global economy, particularly the situation in Europe, will affect how well the US economy performs. (Read more on this subject at Business Insider, Miami Herald or Washington Times.)

Regardless of the state of US national economy, we expect a year full of growth here at Klei Investments. After all, real estate is local and some areas are bound to perform exceptionally well even as others languish.

Based on economic fundamentals and analyst insight, we have developed a set of strategies for the new year. Here are some of our expectations of US real estate in 2012:

1. Overall increase in number of foreclosures, resulting in further real estate value decreases
If we look at the entire country and generate averages, we will see a higher number of foreclosures and resultingly, lower property values. We can blame this on the robo-signing scandal, which involved some US banks conducting foreclosures without following the proper legal processes — when this became apparent, investigations and a freeze on foreclosures ensued. As a result, we now have a large number of unprocessed foreclosures. When the robo-signing issue is resolved, these foreclosures will enter the market and possibly pull down home values in certain markets.

2. Some markets will perform exceptionally well
Real estate has always been, is, and always will be local. What is true for one neighbourhood may not be true for another neighbourhood. What is true for the national market in general does not apply for every single market in the US. The foreclosure supply inventory is not evenly distributed throughout the US. Some states have judicial systems that process foreclosures more quickly — properties in these markets are not likely to decrease further in value. In fact, some markets are showing signs of improvement, with lower unemployment rates, lower real estate inventory levels and higher property values. We will continue to see some pockets where investments will generate outstanding returns.

3. Rents will continue rising
Americans have been watching their home values drop and even losing their homes. More people will choose to rent rather than buy their homes. As a result, rents will go up. This is where investors come in to provide rentals to satisfy the high demand.

In 2012, we will focus on the lucrative areas where rents are high and values are likely to go up, so you can earn high, secure return on investment. We look forward to serving your US real estate needs this year.

REFERENCES:
Klei Investments
www.kleiinvestments.com
1.800.398.3889 (Call Toll Free)

[My Vancouver-central Networking group "The Bridgemakers Group" has hosted a presentation on the Asian-Pacific Community, their popular media, their cultural events, as well as a historical context necessary to understand our unique Position here in Vancouver, BC]

[This presentation is courtesy of Brett Featherstone-Price, her contact information is below]

Starting 10 years ago, a wave of immigrants from Mainland China came to Canada. 30 years before that saw the next latest wave- they were from Hong Kong and Taiwan. Came from different governance, from different history, different dialect. Today, they favor different news sources: Ming Pao and Sing Tao serve the Hong Kong and Taiwanese abroad.

Only the Epoch Times serves the Mainland Chinese pop. which are 80% of the Chinese speakers you encounter around Vancouver (and growing).

Let's look a moment at the governance I spoke about in different Asian countries: China is run by a communist government. Typical of communist rulers, they have not concealed their aims to destroy ancient artifacts, ancient languages, both written and spoken, and even ancient values like honesty, family, propriety. Here's just one illustration: No other government on earth has even considered trying to wipe out a group of peaceful meditators who practice being true, kind and patient. Chinese Communist Party on the other hand, created a government office called the 610 office specifically to attack and eradication Falun Gong, the peaceful practice. This is not unique in history. Hitler had an office called the Gestapo to eradicate Jews.

In a climate such as this, exercising simple things like pursuing the truth or dancing traditional dances are punishable by hard labour and torture. For example, when companies like Shen Yun and the Epoch TImes attempted to do so even outside of China they met with terrible threats and hardship inflicted by China's government. Despite that, what we have today is a renaissance of true Chinese culture and we know the real stories happening to Chinese people. Other media will hardly publish that, not in any language for fear or for apathy. But the tide is turning.

What I'm getting at (how does this affect your life already?) is that no one has seen performance with these melodies or this style of dance in two life times. There are almost 2 billion people who are cut off from their own culture, 2 billion who missed that in their lives - until today. No one else has access to breaking news from China like the Epoch Times and that news is read to the tune of almost 200,000 copies a week in Vancouver alone. We have the highest circulation of Chinese news, enormous loyalty and a very grateful readership. Chinese people are very happy to be experiencing this right now. There's an outpouring of new ideas and hope. Westerners on the forefront of current events, people who are highly educated, pay close attention to the Epoch Times.

On the business side of things: something you can take away for yourselves, here are some facts about most Chinese speakers that will help you do business with them: -Due to the enormous but rarely discussed pressure from the CCP, many business men have or are now setting up their families outside of China while they continue to collect their salaries in China and wait for a time they can safely go overseas. This means families need everything to set up life here: insurance, cars, homes, education, travel solutions, everything.
- They have more buying power than Westerners of the same income bracket due to one noteworthy habit: they prefer to save money, buy with cash and avoid credit. According to a recent report, In terms of mortgages, this means they prefer a shorter loan with larger monthly payments. They also would rather handle financing their new home without help. If you want to know more, we have an entire orientation for Westerners selling homes to Chinese in Canada.
-education, children, generations
-buying is a collective effort. Often more buyers than meet the eye.
-want to help save face - won't tell you what they think of an open house right away cause they don't want you to be embarassed. (that's the idea in a nutshell. Culture and traditions developed over 5,000 years tend not to fit into a nutshell so please forgive.)
-In Vancouver, what they say they want now: education from you and open arms
-Most read and speak English but prefer media in their native tongue. This means that you will be able to do business with them in English even if your ads appear in Chinese in Chinese media."

References:
Brett Featherstone-Price
Global Marketing Research Manager
The Epoch Times Newspaper
www.TheEpochTimes.com
My Mobile: (250) 920-9051
My Office:
from Canada: (250) 298-5056
from the U.S.: (805) 419-9003
brett.price@epochtimes.com
The Epoch Times is available in 33 countries and 17 languages
Follow us on Twitter: http://twitter.com/epochtimes
Visit us on Facebook:
href="http://www.facebook.com/epochtimes">http://www.facebook.com/epochtimes
Youtube Video URL: http://www.youtube.com/watch?v=lqlxj0_uYyk

My team has the expertise and resources you need to help you sell your home quickly and successfully. It all begins long before you open your home to showings. You need to see your home like a prospective buyer. To do that, you need to look at both the inside and outside with a fresh perspective. If you follow these simple steps, you will be helping to set the stage for a property that shows great to potential buyers.

You are not alone when it comes to preparing your home for sale. In fact, I have some great links for you from my website which are invaluable in the process.

REFERENCES:
Fit To Sell information on YouTube.