GVR Market Report For March 2024 – Home Sales Down As Prices Rise
This month, the Greater Vancouver Realtors (GVR) released its housing report for March 2024. Notable was the fact that homes sales were lower than
Moving? Take These Important Steps When You Move Into Your New Home.
We are now into the prime of the moving season – more houses are bought and sold at this time than at any other time of the year. There is a
Strata Council – The Five Main Delegated Roles And Their Responsibilities
A Strata council acts as the managing body of the strata corporation ensuring that it runs smoothly for the benefit of the owners. Its role is laid
Moving To A New Home? Here’s How To Get On With The Neighbors From The First Day.
Moving in and out of a home can be stressful, and thankfully it doesn’t last for many days. Since a neighborhood will experience very few moves
Will The “Home Flipping Tax” Impact Affordability?
The recent proposed house flipping tax introduced by the BC government will come into effect on January 1, 2025, if passed. Under this legislation,
April 2024 Founder’s Message
Spring has sprung and Metro Vancouver’s real estate market is active. The Real Estate Board of Greater Vancouver reports that the number of
How To Deal Effectively With Pet Owning Tenants
In BC, pet owning tenants can find it challenging to find landlords who allow pets on their property, especially with such a tight rental market. As
Moving This Year? Here are Some Great Tips – Part 1 : The Planning Process
Spring is just around the corner and traditionally this is the start of the moving season. If you are planning to move, now is the time to start
Why Real Estate Investing Is A Worthwhile Option
One of the best decisions you can make is to invest in real estate. If done correctly, real estate investment is stable, profitable and can return a
What You Can Do and Cannot Do When A Tenant Does Not Pay Rent
Being a landlord, you have the best interests of your property and will take all the necessary action to ensure that it is running properly and
Will The “Home Flipping Tax” Impact Affordability?
The recent proposed house flipping tax introduced by the BC government will come into effect on January 1, 2025, if passed. Under this legislation,
March Is The Best Time To Start Planting Your Seeds
Growing your seeds indoors is useful because it gives your plants a head start, especially when the weather outside is not warm. This results
March 2024 Founder’s Message – Early Busy Days of Spring
This month marks the official beginning of spring. Signs of spring are everywhere as leaves begin to bud and early blooming flowers begin their
New Housing And Infrastructure Woes Top Of Mind At UBCM 2024 Housing Summit
This year’s Union of the BC Municipalities (UBCM) 2024 housing summit was unique as it was the first time “in a while” that all 3
5 Important Tips To Know When Buying A Rental Property
Buying a property for investment can be financially rewarding if done the right way, even in a challenging real estate market.
REBGV Market Update February 2024 – Rise In New Listed Properties In The Market
The Greater Vancouver Realtors (GVR) report released for February 2024 marked a surge in Vancouver real estate listings taking pressure of a
Looking For A Luxury Apartment? These Are Some Of The Must Have Amenities
Finding a luxury apartment that fits your taste is not easy, especially as it impacts your daily lifestyle and overall well-being. The amenities
Why You Should Use A Licensed Property Brokerage To Manage Your Property
In BC, all property managers are required to be licensed by the BC Financial Services Authority (BCFSA). Licensed brokers are bound as licensees to
Why Rental Property Cash Flow Analysis Is So Important
Investments are made to make a profit. If you own a rental property, you must ensure that the numbers involved reflect the fact that you are making
It’s a Great Idea To Inspect the Neighborhood Before Buying In
One of the most neglected due-diligence duty done by homebuyers is a thorough screening of the prospective neighborhood. There is a Russian proverb
Housing Challenges Being Faced By Local Municipalities
In September, mayors and councillors held their Union Of BC Municipalities (UCBM) Annual General Meeting in Vancouver. As with other years, a major
The Benefits Of Having A Wine Cellar In Your Home
Today, wine cellars are no more just limited to luxury mansions and fine dining restaurants. They are becoming a modern trend in many regular
REBGV Market Report For January 2024 – Year Started Strongly With Higher Sales
The Real Estate Board of Greater Vancouver (REBGV) report for January 2024 was released early this month and notable was the fact that newly listed
February 2024 Founder’s Message
Metro Vancouver’s real estate market is off to a strong start as the first signs of spring appear on the West Coast. Residential sales and
7 Ways On Improving Energy Efficiency In Rental Properties
Making a property energy efficient, in view of ever-increasing energy costs, will help improve the bottom line of any rental property. While there
Leaving Your Home For A Period Of Time? Take Heed Of This Important Insurance Advice.
If you are leaving your home for a lengthy period (over a 4 days), you must make sure that you understand how your insurance works when you are not
What’s Instore For The 2024 Property Rental Market?
Affordable housing has no longer become affordable as house prices are out of reach for those who want to own a home and rents have continued to
Is An Overhaul Of The BC Property Transfer Tax Required?
BC’s Property Transfer Tax was introduced in 1987 as a tax on every real estate purchase in the province when the average price of a home was
REBGV Market Update For December – The Year Closed Out With Balanced Conditions
The December 2023 Real Estate Board of Greater Vancouver (REBGV) market report showed that despite the highest borrowing costs seen in over a decade,
Make Sure You Are Not A Victim Of “Virtual Staging”
“Virtual Staging” Can Be Misleading. Make Sure You Are Aware Of This
We are living in a sophisticated digital era where real estate
Closing Costs – The Biggest Purchase Of Your Life Comes With Additional Fees
Your down payment and mortgage costs are not the only costs you will face when buying your home. There are several administrative and legal costs
More Small-Scale Housing Units To Be Built Across The Province To Help Alleviate The Housing Shortage
The NDP government is tabling new legislation this fall to tackle the housing affordability and shortage crisis, that the province is currently