Does a Recession Mean a Housing Crisis is Coming?

Real Estate
A lot of people are predicting a recession across Canada and the US. Goldman Sachs predicts that there is a 15% chance in next 12 months and a 35% chance in the next 24 months of us seeing a recession. But since our last recession was based around subprime mortgages in the USA, we ASSUME…
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Terms You Should Know Before Buying A Strata Property

Real Estate
Are you looking to buy a condo in Greater Vancouver? If so, here are a few strata terms you need to know to ask the right questions before you make an offer; Strata – In a strata development, the unit you purchase is called a strata lot. The common property is the rest of the…
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Is Renting or Buying the Right Choice for You?

Real Estate
Should you choose to buy or rent? What’s the best move for you? The answer will be different for everyone but here are some things to consider: Benefits of Owning: 1. Building Equity A major benefit of owning is that you’re able to build equity in the home. Real estate in Vancouver has been continually…
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Choosing Your Real Estate Agent – For Buyers

Real Estate
So how do I pick the best real estate agent? This can be a daunting question for many people who are in the market to buy real estate. Gene Hackman had the same daunting question to ask himself in the classic Cinderella-story sport film, The Replacements, when he played Jimmy McGinty, the head coach of…
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The Unexpected Reason People Are Moving To The Suburbs

Real Estate
It’s no secret the Vancouver real estate market has been known for its consistently increasing prices. In recent years, we’ve also been seeing huge year-over-year increases in sales of larger homes further from the downtown core, especially homes with great outdoor spaces. This has continued throughout the pandemic and doesn’t seem to be changing. Increased…
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Curate Your Dream Life Through Real Estate

Real Estate
Real Estate As An Investment Real Estate is one of the most timeless methods of investing in the world.  There is a famous quote by Andrew Carnegie that comes to mind, “Ninety percent of all millionaires become so through owning real estate.”  Real estate is a physical commodity that is limited in quantity, and a…
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Renting Out Your Property? Tips for New Landlords

Real Estate
Being a first-time landlord can be challenging and confusing but we have created a list of 10 things to consider in order to help you run a stress-free rental business. Treat Your Rental Property Like a Business A rental property really is a business and it should be operated and cared for as such. It…
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Is Buying A Presale The Right Choice For You

Real Estate
Are you considering purchasing a PRESALE property but unsure if it’s the right choice for you? Here is a quick breakdown of the ways in which presale transactions typically differ from resale: 1. Home Selection In the preconstruction phase of any new build, the developer will open a sales centre that will give potential buyers…
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5 Tips to Self Staging

Real Estate
5 Tips to Self Staging   Have you ever walked into an open house and instantly felt like… “I could live here and can I keep the furniture please?”. Well, more often than not this is due to good staging. Staging creates an emotional connection between the buyer and the desire for them to want…
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First-Time Home Buyers Incentives

Real Estate
First-Time Home Buyers Incentives Are you a first-time homebuyer? Here are some first-time homebuyers programs B.C. residents can take advantage of to make your first home purchase more affordable. Follow the links provided for more details. Government of Canada’s First-Time Home Buyer Incentive: The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly…
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First Time Home Seller Series: Part 2

Real Estate
First Time Home Seller Series: Part 2: A few fixes for listings Ok so you want to sell your house and you have a light plan put together. You have decided you will prep the house over the next 3 weeks to make sure it is show-ready, as you think this will make you maximize…
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Tips for Buying in a Seller’s Market

Real Estate
In an active real estate market, buyers may encounter competition from other buyers interested in the same property.  What makes your offer stand out can be the difference between having your offer accepted and walking away empty handed.  Discussed below are three strategies that can be implemented together or independently to help you win. Strategy…
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Location Location Location

Real Estate
Harold Samuel coined the phrase “location, location, location” as the three things that matter most when buying a property. Well, he’s not wrong. The fact that property is immobile is why Location is such an important criteria to consider when looking to purchase a property. Not only the location itself but all the externalities that…
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First Time Home Seller Series: Part 1

Real Estate
First Time Home Seller Series: Part 1: Do we buy or sell first? When it comes to navigating the Vancouver real estate market there are many questions that come up. The question “do we buy first or sell first” when it comes making a plan to upsize, downsize or move laterally in the real estate…
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Preparing Your Finances For Purchasing a Home

Real Estate
(FEATURING GUEST SPEAKER: RAY MACKLEM, MORTGAGE PROFESSIONAL) So you’re thinking about purchasing a home, you’ve thought about the perfect location and the perfect look but do you have your finances in order? I mean why not get to the fun stuff right away? Well, preparing your finances and getting pre-approved is a huge factor in…
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Vancouver Vacancy Tax Triples

Uncategorised
Mayor Kennedy Stewart pushed forward an amendment to increase Vancouver’s vacancy tax to 3.0% in 2021, triple what it was previously. He hopes that by increasing the tax rate it will push owners of empty homes to either rent them or sell them to feed the local demand.  As many are aware the original motion…
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5 Steps To Get You Started On Selling Your Home

Vancouver Real Estate
1. RESEARCH & INTERVIEW AGENTS Things to consider when interviewing your potential agent: Do they have a lot of listings but low sales volume? Go with someone who aims to sell their listings over the volume of listings. What do they know about your market/neighbourhood? It’s a plus to have an agent that is knowledgeable…
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What Is a Non-conforming Stata?

Vancouver Real Estate
Before I answer the question, if all duplex’s are non-conforming stratas, it is important to understand what a strata is and why they exist.  In the lower-mainland we have a strata property act that dictates certain rules that all strata owners must abide by.  One of the major points to understand is that within a strata owners…
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Bertram Bernard Block, Kelowna’s First Urban Village

Vancouver Real Estate
Featuring Bertram at Bernard Block, Kelowna’s first downtown Urban Village! 3 Minutes to the new future UBCO Downtown Campus, Bertram is a smart real estate investment because of its prime downtown location, walk score of 98, extensive building amenities and modern interiors. This stunning 34 storey high rise features 1 bedroom, 1 bedroom + den,…
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