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Pre-Sale Housing – Should You Consider It? 

The Real Estate News world is full of interesting comments these days and the one that seems to stand out is Pre sale. Pre-sales are homes you are able to purchase before the structures are ready for occupancy. 

A pre-sale home is a wonderful...

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Ready to buy now?

Buy now or wait to see if the rumors are true?

What if?? Your 5% down payment on purchases under 500K was increased to 10%? *
Or
What If?? You had to qualify at the posted bank rate(currently 4.64%) for your 5-year fixed term, 30-year amortization mortgage at Aprrox. 2.60% rate.*...

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Are you spending all your spare time with online home searches?  You may feel ready to move in tomorrow to the home you just found online.  To make purchasing a home easier, here are a few steps you could do BEFORE you start your search.  

1. Work On Your Credit Score.
Your credit score plays...

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New row of townhouses with garages


The new housing price index for Metro Vancouver saw another annual rise in April, the increase was nowhere close to the leaps in the resale market.  Month over month, new home prices in Vancouver rose 0.2 per cent above March 2016.


Across BC, new housing prices in April were up 3.8 per cent year...

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Detached Homes are still seeing the biggest price rises, they are up more than 38 per cent since last year, reports the Fraser Valley Real Estate Board.

Demand in the Fraser Valley continued to boom in May, with real estate sales once more the highest ever recorded for that month.  The total sales...

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Vancouver's crazy market shows signs of slowing down as some economists and real estate agents saying the peak has passed.


This would be great news to homebuyers who have struggled to win in multiple offers.  


 

“A few months ago the dogs — the less desirable units that a...

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Vancouver Home Sales Forecast to Moderate but

Prices to Keep Rising

Super - hot market expected to cool gently over the next two years.


The Vancouver market is likely to slow down before it gets too out of control, according to a new housing market outlook by the Canada Mortgage and Housing Corporation...

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How to Read Strata Documents Properly

 

 

 

There have been too many times where a buyer is unaware of an upcoming levy for a repair or a condition in the bylaws they knew nothing about.  As the new owner you are frustrated that the seller did not inform you of this.  Unfortunately,...

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Spring is here and it’s in full force.  If you are thinking about moving into your dream home, here is four great reasons to consider listing your home and moving into your dream home now, instead of waiting.

 

1. Buyer Demand is High & Inventory is Low


Recent numbers...

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BC Housing Prices are set to rise through 2018!


 

 

The BC housing market has out performed most forecasts to date.  Central 1 predicts sales growth of 22 per cent this year compared to 2015.  The Credit union expects detached home prices to rise faster at 23 per cent.

 

There...

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East Vancouver Home Sells For Way Over Asking Price!

 

This East Vancouver home was listed for just under $1.6 million and sold for $567,000 over asking price.  That's 35 per cents above listing price.

 

With this market no one bats a eye at a million dollar homes, but this set a new high...

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Are you wondering how the new CMHC down payment rules might affect you?  Our lender partners have been kind enough to provide us with the chart below to help make this simple and easy to understand.  See more information here:

 

 New Down Payment  Rules

  • Qualified borrowers who...
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Home buyers remain active despite reduced selection in Vancouver's Lower Mainland.

 

Ray Harris, REBGV president, comments that "Lower inventory is creating greater competition amongst buyers particularly in the detached home market."  

 

If you are thinking of selling this might be the...

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It was a typical year for the Metro Vancouver housing market in certain respects. The region’s home sale and listing totals for 2014 both rank fifth when compared against the past 10 years of activity, while home prices increased.

 

The Real Estate Board of Greater Vancouver (REBGV) reports...

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New Rain Screened Exterior. New Windows, Balconies, Doors, floors, Roof and more... Fresh paint throughout.... Clean and Move In Ready.... Walk to Makin Park, Shopping, Movies and recreation. 10 minute walk to Braid Sky train station. Check out all of the details here.

 

P.A. "Doc" Livingston...

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November 4, 2014

 

 

Home sales in the Metro Vancouver* housing market continue to outpace long-term averages for this time of year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,057 on the Multiple Listing Service®...

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September 2014 market update videocast featuring Board President Ray Harris.

 

Compliments of: REBGV

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Spring Buyers and Sellers Emerge in the Greater Vancouver Housing Market


VANCOUVER, B.C. – May 2, 2014 – Home buyers and sellers became more active in the
Greater Vancouver housing market in April.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in...

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Down Payment Mortgage Helper


Do you need a little help with your down payment because you don't quite have it all?
Well we have a great product for you! The product gives home buyers half of their 5%
down payment (up to $12,500).


Details on the Down Payment Helper Mortgage:

 

  • Lending area: Lower Mainland...
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