January 2014

Nate's Mortgage Update - January 2014

Posted on Jan 31, 2014

I'd like to share a mortgage rates update from Nate McAvoy, Mortgage Broker with Dominion Lending Centres. If you are a first time buyer or are considering refinancing, here is a concise update on the current mortgage rate situation.

As we head towards the spring market, mortgage rates continue to be a major question for those looking to buy a home...

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BCREA 2014 Q1 Housing Forecast

Posted on Jan 30, 2014

Housing Forecast / Real EstateHOUSING DEMAND TO TREND HIGHER

Multiple Listing Service® (MLS®) residential sales in British Columbia are forecast to increase 4.8 per cent to 76,450 units this year, after increasing 7.8 per cent to 72,936 units in 2013. Housing demand in the province has now almost fully recovered from the downturn recorded in 2012. However, the spillover effect o...

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Depreciation reports now required for most stratas

Posted on Jan 28, 2014

Strata Properties VancouverStrata corporations with five or more units must now provide the most recent depreciation report as part of the new Information Certificate (Form B).

Strata corporations of four or fewer strata lots are not required to provide a depreciation report. A strata corporation can exempt itself from the obligation to obtain a depreciation report by passing...

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When is it time to have a Real Estate Checkup?

Posted on Jan 28, 2014

Real Estate Check-upMany people only see a doctor when they're sick or have some other health concern. On the other hand, some people visit a doctor regularly for checkups, to ask questions and get advice, and to maintain good health.

Which do you think is the better approach? Obviously, the second one! 

The same thing is true when it comes to real estate. Even if you ha...

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BC Home Sales Bounce Back in 2013

Posted on Jan 14, 2014

Vancouver Real Estate, Prompton, Tim WrayThe British Columbia Real Estate Association (BCREA) reports that a total of 72,936 residential sales were recorded by the Multiple Listing Service® (MLS®) in BC during 2013, up 7.8 per cent from 2012. The five-year average is 75,400 units, while the ten-year average is 84,800 units. Total sales dollar volume was $39.2 billion, an increase of 12.6...

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Housing Market Update for December 2013 (Video)

Posted on Jan 14, 2014 in REBGV Videos

How does this latest information effect your plans to buy or sell your property? The key to a successful real estate experience is knowing and understanding the detail behind the headlines for your city, neighbourhood, street and property type.

Please call or email me with any questions that you may have after watching this video. I'd be happy to he...

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