How To Protect Yourself From Mortgage Fraud As Home Buying Season Dawns Upon Us

Posted on

Winter is over, the snow is beginning to melt, temperatures are getting warmer and “for sale” signs will begin springing up in various neighborhoods. This is the signal for home buying season. If you are planning on buying a home, here’s how you can avoid being a victim of mortgage fraud and protect yourself and […]

Read More…

Luxury Home Sales And Prices Have Plummeted. Is It Time To Buy?

Posted on

The Foreign buyers tax, Mortgage stress test and incremental mortgage hikes have severely impacted the Vancouver real estate market in the past 2 years. The luxury home market has been hit the hardest:  In 2017 there were 4,282 homes that sold over $1 million – in 2018 only 3,151 units were sold – a drop […]

Read More…

5 Great Reasons Why Maintaining Your Roof Is So Important.

Posted on

Your roof is one of the largest parts of your house and the most vulnerable, as it is exposed to weather hazards and other elements that contribute to its damage and deterioration. If it is neglected, its lifespan can be dramatically shortened and this can be very expensive for you the homeowner. By doing regular […]

Read More…

BC Government Launches New Condo Registry To Prevent Condo Flippers From Evading Taxes.

Posted on

Keeping in line with one of its election pledges to create transparency and prevent tax evasion in BC’s real estate industry, the BC government recently launched the “Condo and Strata Assignment Integrity Registrar”, which will scrutinize condo sales more closely. Beginning January 1, 2019, developers who sell strata lots in development properties are required to: […]

Read More…

Now Is A Great Opportunity To Take Advantage Of The Softer Market And Invest In Real Estate.

Posted on

Investing in real estate is an alternative to investing in the stock market. We are in a buyers market with the number of available listings at all time highs. Now is a great opportunity to take advantage of this situation as prices will eventually start to rise, and you may miss out on a fabulous […]

Read More…

Real Tips On How To Save Money On Your Energy Bills This Winter

Posted on

Nowadays, the price of pretty much everything is going up, including energy. While the cost of heating your home may be steadily rising, you are in a position to control how much energy you use, thereby reducing the pain in your wallet. Below are some tips to help reduce your costs while improving the comfort […]

Read More…

Can Home Sellers Back Out Of A Deal To Sell Their Home?

Posted on

Purchasing and selling a home is a very emotional process. Normally one hears of buyers backing out of real estate contracts, but there are situations when the seller can and will back out of a sale. Why would a seller back out? A Lack of a suitable home to move into. This arises when the […]

Read More…

If You Are Planning To Build A New Home, Here Are Some Important Tips You Cannot Ignore

Posted on

It may seem a daunting task, but building a new home can be a rewarding experience.  You can truly make it your own: you get to choose colors, cabinets, flooring and fixtures without having to deal with the design choices or shortcuts made by previous owners. But building a new home can be very stressful […]

Read More…

Good News For The Self Employed – Buying A Home Will Be Much Easier

Posted on

Self-Employed individuals have had a harder time qualifying for a mortgage as their incomes may vary or be less predictable. This will soon change as from October 1 2018, Canada Mortgage and Housing Corporation (CMHC) will make changes that will make it easier for the self employed to secure a mortgage. The self employed make […]

Read More…

Should I Sell Or Should I Renovate? – Important Points To Consider

Posted on

You have been in your present home for a number of years, the family is growing and you have been thinking about moving into a home that fits your needs.  You want a new home but you love your neighbours, your yard, the schools are close by, the bus stops 15 feet from your entrance,……these […]

Read More…

Corporate Secrecy On Landownership In BC May Soon Be Gone

Posted on

In 2001 when Gordon Campbell became premier of this province, he amended the Business Corporations Act, by declaring a law (Section 49) that prevented the media from visiting a corporate registered records office to find out who owns the company. This was a thorny issue with Transparency International Canada, which has been saying all along, […]

Read More…

How US President Trump’s Steel Tariffs Can Have Dire Consequences For The Canadian Construction Industry.

Posted on

The temporary reprieve we wrote about in March was just that – a temporary reprieve. (read our blog “The Steel Tariffs: We Have A Temporary Reprieve, But Will Trump’s Proposed Tariffs Affect Canadian Real Estate?” ) Last month the unthinkable did happen when US President Donald Trump slapped tariffs on some $20 billion worth of Canadian […]

Read More…

Here’s What You Need To Know About The New Real Estate Rules Recently Rolled Out.

Posted on

On June 15, the BCREA rolled out new rules aimed at better protecting both home buyers and sellers. The real estate board mandated an independent advisory group in June 2016 to look at market conduct in view of the white-hot market and all the scandals and shady dealings that were affecting consumers at the time. […]

Read More…

REBGV Market Update For May 2018 – Housing Inventory Increased As Supply Accumulated.

Posted on

The May 2018 market report released by the Real Estate Board of Greater Vancouver (REBGV) noted that reduced demand allowed the housing supply to accumulate across Metro Vancouver. “With fewer homes selling today compared to recent years, the number of homes available for sale is rising,” Phil Moore, REBGV president said. “The selection of homes […]

Read More…

Real Burglars and Home Invaders Sharing Their Secrets On Where They Strike and How You Can Avoid Becoming A Target.

Posted on

When it comes to securing our homes we all think we are doing the right thing by buying expensive alarm systems, installing security cameras, putting our lights on timers, etc. But does any of that really scare the burglars away? Not really, according to a ground breaking survey done on convicted burglars and home invaders […]

Read More…

REBGV Market Report For March 2018 – Housing Sales Dip While Prices Rise

Posted on

The Real Estate Board of Greater Vancouver (REBGV) released its housing report for March 2018. It reported that Metro Vancouver home sales continued to drop on a year-over-year basis. According to RBC Senior Economist Robert Hogue, the region’s sales decline is not surprising due to the mortgage stress test that had been introduced at the […]

Read More…

10 Reasons Why You Should Use A Realtor When Purchasing A Pre-Sale Deal

Posted on

Buying a condo through a “presale deal’ is when you make an initial lump sum payment for the right to receive a finished unit at the end of the deal.  It is a popular practice especially in the Lower Mainland, where there a number of condo projects currently under construction. Some huge advantages to buying […]

Read More…

The Steel Tariffs: We Have A Temporary Reprieve, But Will Trump’s Proposed Tariffs Affect Canadian Real Estate?

Posted on

Last week, US President Donald Trump announced plans to impose a 25% tariff on steel imports and a 10% tariff on aluminum, in a bid to boost domestic production and add new jobs. Yesterday we got some relief as the proposed tariffs for Canada have been shelved for the time being. But, if the tariffs […]

Read More…

REBGV Market Report For February 2018 – A Weak February Overall.

Posted on

According to the Real Estate Board of Greater Vancouver (REBGV) report for February 2018, condo prices rose as inventory failed to keep up with demand, but single-family homes continued to be in a buyer’s market. Despite the condo market’s strong performance, the statistics show that it was a weak February overall, as new mortgage qualification rules, rising […]

Read More…

Archives