The Real Estate Board of Greater Vancouver sent out their October Market report this week and it can be said that things are looking a little grim. Home sale activity remains below long term averages with home listings at a four year high. Home sales are down 34.9% from October 2017. They are…
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Selling a Home with a Public Guardian in Trust (PGT) I recently sold a home which was under Public Guardian in Trust, this means that the PGT as a corporation had taken over the legal proceedings of the home in order to protect the interests of the home owner who may not be capable due…
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Convection Ovens When touring homes many Realtors highlight the convection oven that the kitchen includes. We all say that is great and then we we leave the home or condo we have just toured I often am asked ..." so, what is a convection oven?!" The definition; a cooking device that heats food by the…
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Speculation Tax There has been a lot of back and forth on the new Speculation tax in BC. Aiming to combat high vacancy rates and wealth migration, the tax is one of many steps the government is taking to address Vancouver’s housing crisis. The tax is designed for homeowners who do not live in their…
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About Peat Bogs in Vancouver when it comes to Real Estate Have you ever been driving through East Van and noticed that the houses seem to have a quirky angle to them? Or the sidewalks look like they are sinking? If so you have probably experienced Vancouver’s peat bog areas. These peat bogs came about…
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The Real Estate Board of Greater Vancouver (REBGV) has just released their market update for September and it has me considering the current market. Knowing the market is key to successful sales and allows me to price competitively and get the best possible outcome for my client’s. I also recommend that my client’s have a up…
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Assigning Presale Condos or Townhomes With many assignments sales happening in the Vancouver Real Estate Market it is good to learn as much as possible before you decide to invest in a pre-sale purchase or ‘Assign’ your pre-sale at a later date. The definition: “An Assignment is a legal sales transaction whereby the Original Purchaser…
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Being a first time home buyer can be daunting. You may be wondering how to buy your first home. Is it the right time and place? Can I afford it? Do I have enough for a down payment? How do I know I am getting the right price for my home? Where do I find…
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Continuing our series on Vancouver’s neighbourhoods this week we look into the history of Coal Harbour. Nestled on the edge of Vancouver overlooking Burrard Inlet and surrounded by the Sea wall, Stanley Park and downtown’s shopping and entertainment districts, Coal Harbour real estate offers some of the best (and most expensive) views in all of…
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Oh September…..summer holidays (sadly) come to an end, the kids go back to school and we prepare for a busy month of listings and sales. Fall marks a revival of the market with many home owners choosing this season after the chaos of summer to list their homes leading to a busy market. This can…
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