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Showing 1 to 10 of 28 total blog posts
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 […]
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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 […]
As Metro Vancouver housing starts hit a record level this spring, many buyers are pondering which is a better buy: a resale home (listings posted on faithwilsongroup.com or through the Multiple Listing Service (MLS)) or a brand new home, often bought with a pre-sale contract. Both resale and new homes offer advantages and disadvantages, so […]
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 […]
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 […]
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 […]
Starting today you can apply for the BC HOME Partnership program. This allows first time buyers a loan for up to $37,500 to buy their first home. For more information visit: www.bchousing.org
