Our Federal & Provincial Governments seem to be sensitive to the public need to create a climate where housing is "more affordable". However, one might question their motives, and especially their solutions. Even if we choose to ignore the fact that their recent policies may just be politically trying to appeal to their bases, it is only reasonable to conclude what their real intended goals a ...

I have always found it interesting that when prices are going up it is perceived as a very "positive" market. When prices start to drift lower for some reason it is judged as "negative". When you are a client who is out of the market, (usually new in town, renting or living at home), a rising market can make you sick to your stomach. If you are able to submit an offer, you seem to always be i ...

Today arranging Real Estate financing is tougher than ever before. New property transfer rules, and higher "stress" tests have made it very challenging for all consumers. In the summer of 2016 new transfer taxes made it much more expensive for new immigrants. In the fall of 2016 new tougher stress tests for first time buyers were introduced, and just recently (Jan 1, 2016) an even more string ...

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Many Sellers of Real Estate believe the right time to sell their home is after spring break or Easter holidays. The weather is better, the gardens start to flower, and much of the public is in better spirits. Did you know however, by far the best time for you to sell your home is from the middle of January to the middle of March. This time of year is most desireable because Buyers have time t ...

Perception vs. Reality! Recently it has been reported that we had a reasonably healthy October Real Estate market in West Vancouver. Sales were up over last year, and prices were stable. If you look a little closer however, you may see a different picture. It is true that we had 29 sales, up from 22 last year, but did you know that the average Oct sales total for the last 30 years is 62? Furt ...

Trick or Treat! Recently the Federal government may have played a trick on Canadians and announced a new mortgage qualification standard to be implemented on Jan 1, 2018. Earlier this year, rules were changed which impacted those Buyers who had less than 20% down payment. Now, even tougher standards will be imposed on consumers with more than 20% down. These further new rules will create a Bu ...

North & West Vancouver Real Estate has entered the "stagnant" portion of the historical sales cyle. This generally means there is very little motivation from either the Buyers or Sellers. During this time, prices can remain relatively stable even though there may be high levels of inventory and low levels of sales. The last time we had a "Detached Home" market that was stagnant, was the time ...

Real Estate is all timing! To be successful, you must have the facts. Accurate present and historical statistical information can often prove invaluable to your decisions. Real Estate moves in cycles. Sometimes it is a 'sellers" market, sometimes a "buyers" market, and much of the time in between. If you get caught at the wrong portion of the cycle trying to make a move that can't be supporte ...