Real Estate News and Advice   
February 10, 2012

Search Realty Times
 

Setting goals? Tracking progress? Help has arrived.









Get more leads every month with Market Leader!



Need Product Help?

Customers -- Click for Live Support


Call: 214-353-6980




Local Market Conditions




Condo Trends: The 2010 Olympics and Vancouver Condo Rentals
An application for REALTORS®

As we peer into the final months of 2009, we start hearing the forecasts already for 2010. The look for job growth is always an indicator to watch when looking at growth ahead. Vancouver, British Columbia in Canada is one of the lucky markets that will see at least a period of growth because of the upcoming 2010 Winter Olympics.

RentfortheGames.com, is a site set up for the renting of condo units throughout the city in preparation for the throngs of tourists coming to town for the Olympic Games. The site has definitely set itself up in the technology field, the website is only one part of its hi-tech outreach. They’ve also implementedFacebook (of course) and Skype for those using voice over internet protocols.

Viewing through the listings, it appears that some of the property owners may be hoping for a lottery-like winning with they’re proposed rents. Just like those who wanted to charge $10,000 per week for a stay in Washington, D.C. for the Obama inauguration (and didn’t get it), rent requests are huge in Vancouver, but some are also reasonable.

At least for the time being, Vancouver should be a hot rental market for current homeowners and for new condos coming on the market.

Published: September 14, 2009

Use of this article without permission is a violation of federal copyright laws.


Order a Webcast About This Article Bookmark and Share







Real Estate News Network



Exclusive Leads In Your Market

Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

Today's Headlines 09/14/2009


Spotlight


LIBRARY


Agent Publicity | eNewsletter | Local Market Conditions | Video Newsletter | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2009 Realty Times®. All Rights Reserved.