New Regulations for Older BC Strata Buildings

Are you stuck in old, run-down strata properties? You will now have an easier time selling their units. The Strata Property Act has been amended, permitting strata corporation members to terminate a strata corporation by an 80 per cent vote. Previously, a strata corporation could only be terminated with a 100 per cent vote. “We made this change to give strata lot owners more freedom to choose what they want to do as their property nears the…

Why I Came Back to Vancouver’s Kitsilano

This article is about stories my clients have told me regarding leaving and returning to Vancouver’s Kitsilano. We lived in kits for nearly three decades and just loved it but when we retired we decided to sell our Kitsilano house and move to Vancouver Island. After a year of living on the island we got lonesome for Kits and found ourselves taking the ferry back to Vancouver more often than we had thought we would….

BC Real Estate Prediction for 2017 and 2018

Will the new foreign buyers tax effect Vancouver real estate sales and prices, or will the prices continue to trend upwards? Read the latest opinion from Central 1 Credit Union’s Economist Here’s another opinion on BC real estate sales and prices from BCREA Chief Economist Cameron Muir Vancouver, BC – August 25, 2016. The British Columbia Real Estate Association (BCREA) released its 2016 Third Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales…

BC Housing Starts Decline in July

Housing starts in BC declined last month . On a year-over-year basis, new home construction was up 14 per cent in July due to a 25 per cent jump in single detached starts and an 11 per cent rise in multiple units. Through the first seven months of the year, BC housing starts are up 37 per cent compared to 2015. Multiple unit starts dropped 14%. Single-detached starts in the Vancouver CMA were up 15…

What’s Special About Vancouver’s Jameson House Condos?

JUST LISTED! 2306-838 W. Hastings in the heart of Vancouver’s Downtown District and only two blocks to Coal Harbour’s waterfront seawall. Enjoy the 97 Walkscore. Close to luxury shopping, restaurants, coffee shops, supermarket, the cruise ship centre, Vancouver’s convention centre and the business district. Live the Vancouver Lifestyle! This 1750sf spaciously laid out 2 bedroom and den faces north west and has a water, mountain and city view plus a 73sf deck for cocktails! This…

Expert Advice for Vancouver’s Real Estate Buyers and Sellers

Expert Advice for Vancouver Real Estate Sellers and Investors There are two types of Vancouver real estate sellers – those who are investors and those who are owner occupiers. Making the decision about the correct time to sell is much easier for investors, because they are generally doing one side of the transaction. Either they accept the current market conditions – perhaps they are cashing out of the market and retiring – or they wait until…

Vancouver Real Estate Forecast

Since becoming a Realtor in 1981 I have probably seen every possible type of real estate market, ranging from the current very strong seller’s market to the very strong buyer’s market of 2012/ 2013 and the mid to late 1990s, and the worst of all was the dreadful market of the early 1980s when Pierre Trudeau increased interest rates to 20% and many people were faced with the reality of their mortgage term expiring and…

Top Ten Questions Vancouver Real Estate Sellers Should Ask

Top Ten Questions Vancouver Real Estate Sellers Should Ask their Realtor How long have you been in business and are you a full-time Professional? Do you specialize in my neighbourhood and for how long? Do you work with a team and how does that work and who exactly will I be dealing with and are they qualified? What is your average list to sales price ratio compared to REBGV average Do you have current testimonials?…

Why is Vancouver a Good Real Estate Investment?

Why is Vancouver a Good Real Estate Investment? The city’s population is steadily growing. In 2010 there were 600,000 in the city and 2.4M in Greater Vancouver and 4.6M in all of BC. The density factor is about 5,249 pr sq kilometer and is on Pacific Standard Time, so is the closest geographical Province to Asia. Vancouver has a shortage of land It is hemmed in by the mountains on the north, the ocean on…