Real estate market analyst is calling attention to the plummeting condo and townhouse presales For a while, BC’s condo market future was burning bright. Now, it would seem that the fire has been extinguished. An ABC real estate market analyst is calling attention to the plummeting condo and townhouse presales. The feeling that something was … Read more
Yay! The Vancouver Aquarium will reopen its door to the public on Friday, June 26 after being closed for three months due to the COVID – 19 outbreak. The Vancouver Aquarium’s reopening is in full compliance with orders from the Office of the Provincial Health Officer and recommendations from WorksafeBC. Public and animal safety is … Read more
CLICK HERE TO DOWNLOAD THE LATEST VANCOUVER MARKET REPORT HIGHLIGHTS OF MAY 2020 Greater Vancouver home sales down 44% compared to last May, but prices remain steady VANCOUVER – The Real Estate Board of Greater Vancouver reported last Tuesday, May home sales were down nearly to 44% in Greater Vancouver compared to May of last … Read more
Buying a home during the COVID-19 pandemic Trying to buy a house or business location during a pandemic is anything but easy. While people are fending off the worst of the epidemic with social distancing and only going out for essentials, it’s easy to think that buying a home right now is impossible. Lucky for … Read more
Resources for Small Businesses Affected by Coronavirus The Provincial and Federal Governments are providing a wide-range of supports for businesses in British Columbia which are facing hardship as a result of the global COVID-19 outbreak. This list of supports is subject to change. Please contact support providers directly for eligibility and application details! 1. Work … Read more
It is no secret that Real Estate is one of the best investment vehicles where you can put your money to achieve your financial goals. That is why a lot of people are attracted to this lucrative investment. But what is the best type of investment property out there? There are 5 types of investment … Read more
Nobody is fond of bed bugs. Many people get creeped out because they can literally come from the bed into our skin to wreak havoc. These are parasites that are common everywhere. This isn’t a problem in undeveloped countries, but right here in your home. When it comes to a rented home, landlords should know … Read more
Being a landlord can be a dream come true for many people. However, many landlords will tell you that their lives are not always full of roses. Sometimes, there are thorns that they have to deal with and they found out that the property that they have is not so profitable as what they have … Read more
Myths roam about for potential renters everywhere. Local laws may prove to be true, but under the laws of British Columbia, there are specific rules about the eviction process, cost of rent, maintenance, and security deposits. BC has been still facing a housing problem, which has led to a rise in rentals. All the tenants … Read more
New-housing construction is expected to decline for the next two years according to the report prepared by the research firm Altus Group. The decrease is influenced by the higher interest rates, new tax measures and a slowing economy. According to Vancouver Sun the report estimates that housing starts in B.C. will fall to 37,475 units in 2019 … Read more
Many landlords myself included, make one mistake that is not an uncommon one, but you might do not think about it as much as other mistakes. The mistake I’m talking about isn’t property inspections, the property insurance, or even screening new tenants, it’s trying to self-manage your properties by yourself. Here is why this can … Read more
According to Vancouver Sun some of the multi-million dollar homes in Vancouver have been rented for a relatively cheap price as a result of the empty home tax. Read a full article how Speculation, Vacancy, and Empty Home Tax influence a drop in a rental price here. See also: Exempt From the Speculation Tax Declaration Resource: Vancouver Sun