Comments on: 2010 Vancouver Olympic Winter Games Update

by: katee wowk

Wed, 09 Jan 2008 05:55:12 +0000

I have been looking with interest at the up coming games in 2010.
I realize the need for rooms.
I live 20 minutes from the border in Bellingham washington and I would be glad to rent out a roon or 2 for people that can’t get a room anywhere else.
I have a comfortable 4 bedroom home,
thanks
Katee

by: Vancouver condos

Tue, 18 Dec 2007 16:15:13 +0000

Hello Jerry, I may be wrong but I believe that the scenario will be similar to that of post-1986. The World Fair had helped both the city and the region, so one shouldn’t doubt that the situation will be the same after the Vancouver 2010 Games. And let me add a piece of stats. The Real Estate Board of Greater Vancouver has just released a report of a survey it commissioned of 2006 home buyers and home sellers in the Greater Vancouver region. I learned that just over half of respondents (54%) both bought and sold a property in 2006. 44% only bought and 2% only sold a property. And here is another interesting fact: Approximately one-third of buyers are first-time home owners.

by: Jerry

Thu, 06 Dec 2007 00:16:07 +0000

Hi Jay - That is a good question about whats going to happen to the real estate market in both Vancouver BC, and actually in Whatcom County as well. I think with the spot light on Vancouver, it seems pretty obvious to me that the British Columbia real estate market might see some appreciation over the next couple years.

After the Vancouver Worlds Fair in 1986 the entire Whatcom County market saw double digit jumps in prices that started about 2-3 years after the end of the Vancouver, BC event. I think that after so many people had traveled through our area and sort of discovered Bellingham, WA; they started moving to the area and buying up homes in Bellingham. I believe we might see something sort of close to that, but nothing near double digit price appreciations.

I certainly look forward to the Vancouver 2010 Games though, because we will be buying tickets next fall to attend several of the Winter Olympic events. I’m hoping they have enough Winter Game events in and around Vancouver, because I’m not sure if I want to travel the distance to the Whistler Resort. Take care Jay.

by: Vancouver condos

Wed, 21 Nov 2007 12:26:03 +0000

I found an interesting discussion about Vancouver BC housing prices at another blog up here. One of the commenters said he was against the Olympics because “it is just going to create another gap between the rich and the poor.” Talking about how the Olympics would change the real estate market, a commenter excalimed that “in 2012 everything will sink into the ground”. Well, I don’t think so. I believe real estate in the Vancouver, BC market willl retain their value even after the Games. I agree that with the build up to the Vancouver 2010 Winter Olympics, prices will go up in the British Columbia Province, but serious doubt there will be any kind of a market dive soon after.

Jay B

by: Jerry

Thu, 18 Oct 2007 19:01:36 +0000

It looks like most of the counties up in the the Northwest section of Washington state will be working all the angles they can to grab a part of the Vancouver 2010 tourism traffic. The state will have spent $7 billion to make it easier for people to get to the 2010 Olympics in Vancouver, B.C., including $665 million in Snohomish County. SnoGold 2010 is the Snohomish venture for the Winter Olympics.

by: Jerry

Fri, 12 Oct 2007 15:52:32 +0000

Tickets for the 2010 Winter Olympic Games in Vancouver, British Columbia will go on sale in October 2008. The date will be on the minds of many Olympic enthusiast as the excitement builds towards the Games. One year from today marks the start of the initial round of Canadian ticket sales for the 2010 Olympic Winter Games.