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Real Estate News

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Showing 1 to 10 of 46 total blog posts

5 Key Components of a Serious Buyer

Are you a “serious buyer”? Not sure?
Use the 5 key components below in preparation, to position yourself as a serious well-informed buyer.

The Beauty of Selling in Each Season

We’ve all heard it said…. “Fall and Winter are not the time to sell! You should wait until the Spring or Summer!” Homes are selling 365 days a year; let’s look beyond this common assumption and take a peek into the beauty of selling in both the colder, fall & winter months, as well as […]

Purchasing a Home is a Process Not an Event

Let’s take a quick glance at the process and dive into how your trusted Faith Wilson Group Agent takes you through the process step by step: Learn what you can affordWhy rule out completely viable options or waste time looking at homes that are simply infeasible? A Full-Service Realtor can get you started on the […]

Bank of Canada increases overnight rate target to 1 ¾ per cent

The Bank of Canada today increased its target for the overnight rate to 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic outlook remains solid. The US economy is especially robust and is expected to moderate over the projection horizon, […]

B.C. Speculation Tax

Original Document: https://www2.gov.bc.ca/assets/gov/taxes/property-taxes/publications/is-2018-001-speculation-tax.pdf Urban centres throughout the province are in a housing crisis. Rents and home prices have surged past local incomes and, in many communities, vacancy rates sit close to 0%. Speculation has contributed to runaway prices and made it difficult for British Columbians to find a home they can afford. This is hurting people, businesses and communities. The […]

Bank of Canada holds interest rate

Bank of Canada holds interest rateRead the official statement: Here’s the statement from the Bank of Canada on its rate decision for Wednesday, March 7, 2018. The Bank of Canada today maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit […]

Faith’s Property Insights for Vancouvers Westside Q4 2017

Faith Wilson Group 4th Quarter 2017 Westside Property Insights Detached houses KEY INSIGHTS More than 1,000 detached houses sold on the Westside in 2017 at a benchmark price of around $3.5 million. Anywhere else in the world, such a multi-billion dollar performance in a relatively small area would be considered outstanding, perhaps historical. But this […]

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 […]

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 […]

 

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