Vancouver, B.C. – December 2, 2020 – Housing demand in Metro Vancouver* continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,064 in November 2020, a 22.7 per cent increase from…
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Wondering what type of home you should buy - duplex or single-family home? What are the differences? Read more to learn whether a duplex or a single family home is right for you. We explore the cost and home value as well as why builders may focus on building duplexes. What makes a house a…
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Staging your home is a great strategy to get it sold. A staged home gives a good first impression when potential buyers come through. Generally, it helps sell your home faster and for a slightly higher price. Today we run through 5 top tips on staging your home to help you sell your home. Tip…
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Buying a home for the first time is a daunting task. With so many factors to consider, the process is no small feat for a first time homebuyer. We cover the top 3 biggest mistakes first time homebuyers make and provide advice on how to avoid making them. 1) Not being prepared to buy The…
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A UBC leasehold property is a property on the university land that has been rented to a developer. UBC leasehold properties are a great purchase to make in the Vancouver real estate market. Provincial law prohibits UBC from selling freehold properties. Not many people are aware of this. But what exactly does that mean? This…
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When buying a property with a strata, there are several documents to read before your purchase. Buyers should read through these documents to determine the status of the strata and make an informed purchase decision. Today, we will run through how to review strata documents as a buyer and what you should look for in…
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So you want to buy a home for the first time? Buying a home is a big decision and one you want to take seriously! There are many factors to consider when buying a home, especially when it’s your first time. Here are 5 general factors to start thinking about if you are looking to…
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When purchasing a new home, you need to be aware of the Goods and Services Tax (GST). This blog includes some quick facts about GST and available rebates to get you familiarized with the tax. 1. GST is 5%. GST is quite straightforward. It is 5% of the purchase price. 2. The tax applies only…
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What is strata insurance? Strata insurance is the coverage provided for properties and liabilities within a strata. In accordance with the Strata Property Act, strata corporations are required to obtain and maintain property insurance and liability insurance. What does strata insurance include? Strata insurance typically includes coverage for common property, common assets, buildings shown on…
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In Greater Vancouver Real Estate we know there are many pre-construction, pre-sale home buyers and investors alike. We also know many of these buyers see gains on their property value before the development is built and often sell which is called assigning a contract. It is very important as a Vancouver Realtor to know the…
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