As we all struggle to get by at this tremendously challenging time, it is an opportunity to take a breath and reflect. For decades now, (since the early seventies) we have been blessed with a generally inflationary economy. We have been part of the "have " generation with so much opportunity to pursue our goals and expand our horizons. For many in our city, we have been able to particaipate i ...

For some reason when the market was fast rising it was considered a great market. Now that the market is falling, so many people are angry, frustrated, and depressed. So why is that? What's the difference? With the recent rising market, Buyers got caught up with the "emotional excitement" of getting something bigger and better than what they were leaving. New entry Buyers were excited to own ...

For many months now homeowners have been lisitng their homes for prices that have no chance of selling. We are now in a widespread `Buyers`market. The `Detached` home market changed in June 2016, and the `Strata`market changed in June of 2018. If you are trying to sell your home, and it has not sold, it is only the price that is preventing you from getting a result. So one of only two things  ...

The recent government interventions have had the desired impact and have dramatically slowed down sales in the detached housing market of Greater Vancouver. Prices are at various stages of dropping depending on what areas and price range you are in. One of the factors which has not received much debate or converstion is having one of the greatest effects on our market. That is the new "stress ...

For many people, buying or selling a home is one of the biggest and most important financial decisions they will ever make. Since most of us don't do it very often, it is understandable that many times we don't even know what questions to ask, let alone which answers to expect.Real Estate is all timing! One must have the courage to make the right decision, at the right time, having been prope ...

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 ...