February 8th, 2018
The first quarter of 2017 was a dark time for would-be GTA homebuyers. Prices were reaching unheard of heights, causing many to question if they could afford to own in … [read more]
February 8th, 2018
Slowing Momentum Affordability was the elephant in the room at the annual Urban Development Institute (UDI) forecast luncheon on January 18. While few panellists mentioned it by name, its shadow … [read more]
Comments Off on Housing Momentum Slowing but More Supply Still Needed
February 8th, 2018
The percentage of non-permanent residents (NPR) living in Vancouver who hold mortgages in the city increased from 3.3% in 2014 to 3.9% in 2016, according to new CMHC data, and … [read more]
Comments Off on Vancouver Mortgages Held by Foreigners on the Rise
February 7th, 2018
Whether you’re building an addition, completely remodeling or just finishing your basement, a home improvement loan can help add value and comfort to your home. There are a variety of … [read more]
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February 7th, 2018
While buying a single-family home might sound like a good idea because you don’t need too much cash for a down, it’s awfully risky. Why? Well, if and when your … [read more]
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February 7th, 2018
The Canadian real estate market is supposed to be in the midst of a soft-landing, as the effects of a new mortgage stress test and an interest rate hike begin … [read more]
Comments Off on CMHC Housing Market Still Highly Vulnerable
February 7th, 2018
In its latest report, the Real Estate Board of Greater Vancouver said that demand will continue to be high for condominiums and townhomes in the region, but less so for … [read more]
Comments Off on Vancouver’s Condos & Townhomes Remain in High Demand
February 6th, 2018
Andrew Carnegie—founder of US Steel and one of history’s richest men—once observed, “More millionaires have been made through owning real estate than through all other industrial investments combined.” Owning real … [read more]
Comments Off on How to Diversify the Real Estate Investment Portfolio
February 6th, 2018
There’s an old adage in real estate known as “the five-year rule.” Simply put, it states that it takes at least five years to acquire enough equity in your home … [read more]
Comments Off on Is It Worth to Sell the Property Before 5 Years?
February 6th, 2018
Greater Vancouver is one of Canada’s — and the world’s — most expensive housing markets, but 40 years ago it was a very different story. In 1977, the average … [read more]
Comments Off on REBGV Home Prices Have Increased Significantly in the Last 40 Years
February 5th, 2018
You’re probably familiar with the 80/20 rule also known as “Pareto’s Principle”. Obviously the 80/20 rule is a generality but basically it means there is an unequal relationship between inputs … [read more]
Comments Off on How to Do A Basic Rental Investment Analysis
February 5th, 2018
In the past, home sellers were told to tidy up, mow the lawn and perhaps do a few modifications. However, the current dog-eat-dog real estate market now demands a more … [read more]
Comments Off on The Science & Art of Home Staging
February 5th, 2018
Metro Vancouver condo and attached homes continued to dominate demand in the region last month. Thanks to the strong interest in the typically more affordable housing types, overall residential sales … [read more]
Comments Off on Demand for Vancouver Condos & Attached Homes Dominated January
February 5th, 2018
With the early spring selling season kicking off shortly after the new year, it’s time to give your home the boost it needs to meet today’s buyers’ expectations. Take advantage … [read more]
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February 4th, 2018
From smartphones to smart TVs, everyday devices are becoming more and more sophisticated and autonomous. The devices being integrated into our homes allow the house to respond automatically to the … [read more]
Comments Off on How Home Automation is Taking Over the Remodeling Industry
February 4th, 2018
Clearing clutter out of our physical spaces, and therefore out of our lives, has the power to refresh the space in our heads. While this alone makes any time a … [read more]
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February 4th, 2018
Foreign investment into the US luxury residential real estate market has jumped to a new record high of $7.48 billion, with Miami, Manhattan and Los Angeles proving to be the … [read more]
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February 4th, 2018
With historically low temperatures and storms hitting the East Coast, there’s no shortage of weather and conditions that create the perfect opportunity to ….. slip. While winter weather brings fun … [read more]
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February 3rd, 2018
When moving into a new home, one of the most important things you should do is create a home inventory. In the event that somewhere down the road, your valuables … [read more]
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February 3rd, 2018
If you’re considering buying a fixer, or a gorgeous one-story home that would be even better with two stories, have fun with the dreaming and designing, but don’t forget the … [read more]
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February 3rd, 2018
For months now, economists have been saying that the Canadian real estate market is heading towards a “soft landing,” as higher interest rates and new mortgage rules coax prices down … [read more]
Comments Off on Trouble Ahead for Canadian Real Estate?
February 3rd, 2018
The Metro Vancouver housing market remained stable in January with the average home price rising 0.6%, compared with December, to $1,056,500. This came as sales fell 9.8%, compared with December, … [read more]
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Comments Off on Looking to Buy A Home in 2018? – The Year That “Patience Will Be Rewarded”