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Housing Market News

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Showing 1 to 10 of 65 total blog posts

Faith’s Home Buyer Breakdown for Richmond – October 2017

Faith’s Home Buyer Breakdown for Richmond, October 2017 Detached houses KEY INSIGHTS The Richmond detached housing market proved a contradiction in October. Richmond was the only Metro municipality to report higher starts of detached houses, with 51. Yet Richmond also had among the lowest sales of detached houses in October, down 1.5% from October 2016 […]

Understand what you really want to buy

I was talking to a mature client this week on the front porch of his pleasant Kitsilano house. He is considering downsizing to a condominium and said his son is hoping to buy his first home in Vancouver. But he was concerned that he “wouldn’t fit” into a condo after 25 years of living in […]

Female homebuyers are different, maybe smarter

A wise female financial advisor once explained to me the difference between how her male and female clients view money. “For most men, money is a river: as long as it keeps flowing, everything is fine. For most women, money is a lake and they get nervous if it ever starts to go down,” she […]

April 2017 – Real Estate Statistics

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

March & Q1 2017 – Real Estate Statistics

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

February 2017 – Real Estate Statistics

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

January 2017 – Real Estate Statistics

Our exclusive monthly analysis is the most comprehensive report of its kind. Featuring statistical analysis and thoughtful insight for 3 property types (Single Family Detached, Townhouses and Condos) across all Vancouver, North Vancouver, Richmond, Burnaby & New West, Tri-Cities and South Surrey & White Rock MLS® areas, it is a must-read for anyone considering buying […]

Attention First Time Buyers – Want to Increase Your Net Worth?

The BC Government’s Homeowner Mortgage and Equity Partnership (HOME) program offers an opportunity for a first time buyer to achieve a significant return over the next 5 years.   This opportunity could apply to all first-time buyers, whether it’s you, you and your partner, your brother or your sister, your daughter or son, or your […]

BC Government Offers Assistance for First-Time Buyers

On January 16, 2017 the BC Government will start to receive applications for its new ‘Homeowner Mortgage and Equity Partnership program’ to “…assist residents of British Columbia who are eligible first-time homebuyers by providing repayable down payment assistance loans”. “The B.C. HOME Partnership program will meet the buyer’s contribution up to 5% of the home’s […]

Sticker Shock and Looking Forward to 2017

The BC Assessment notices that homeowners have seen likely came as shock to some. But what needs to be understood is that a large increase in your property assessment will not automatically translate into a big increase in your property taxes. Property taxes are actually affected by comparing the average change in your city to […]

 

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