Election time; Foreign Tax, Vacant Tax, Property Transfer Tax, Property Taxes up 40%, Tax, Tax, Tax.... The last 365 days in Vancouver Real Estate has seen quite some changes. This "crisis" as the politicians like to call has lead them to tax the heck out of Real Estate to "protect" the citizens. Really? Taxing Real…
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The Best Condo Prices in Vancouver Real Estate are right here! Prices in Vancouver Real Estate has skyrocketed. People are now concerned they will never be able to afford a home in the locations they had wanted to. Which has had many Vancouver condo buyers turning to the grey area of Lease Land / Lease…
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People who buy Vancouver real estate and people who don't There are 2 types of people: people who buy Vancouver real estate and people who don't. These days, the#1 question I am being asked is my prediction of the market. "What will my home be worth in 2 years" seems to be the popular one.…
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What happened in 2016 with the Vancouver Real Estate market? Everyone says it was supply and demand. I agree! Money was very easy and cheap to borrow, people had made so much profit when they sold their homes they had no problems paying top dollar for the next one as it was probably hundreds of…
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In Vancouver we have a ton of speculation, uncertainty and a lot of bad press on Vancouver Real Estate and especially on Vancouver Realtor's! However, despite all this, multiple offers are still occurring on many homes and condos in Vancouver. The good news, not every home is in a multiple offer situation. And even if…
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I am super hesitant to post this as this is a massively hot topic and causing a lot of debates, arguments, hate and frankly racism which has been hurtful to watch and listen to. However, this is a well written article on this new 15% Tax. My stance is that I think it is criminal…
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With housing prices rising and the supply of homes dwindling in Vancouver it doesn’t take an economics major to realize the increasing pressure for potential home owners to lock down property closings within the city. I am here to provide the raw numbers that explain why Vancouver’s market is accelerating the closing process. The Real…
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A question that comes up more and more within a competitive market such as Vancouver is where are first time home owners going to acquire the funds needed for a down payment? Sacrifices must be made, not only within special occasions like putting off a vacation, but day to day financial exposure like cutting out…
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The First Time Home Buyers Program reduces or eliminates the amount of property transfer tax assigned as payment when you purchase your first home. If you are eligible for qualification, you may be partially or fully exempt from taxation on your purchase. Before we get to the exciting news of saving you cash on your…
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Vancouver is easily one of the most desirable places to live in the country, and there's plenty of good reason for it. We have everything you could ask for: scenic nature, mild climate (especially for Canada!), culture and all the amenities of a bustling metropolis. Where else can you be in the thick of city…
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