I recently sold two pre-sale condos in Vancouver, One Burrard Place and The Arc. Both were 2 bedroom condos which will be completed by 2017 and 2019 respectively. As well, I am on the hunt for a condo in Mount Pleasant, an exceedingly difficult task. It is common for Buyers to snap up condos in their pre-sale incarnation and then assign them with a serious up lift. So, for instance a condo wi ...
I read recently that The Red Pin, a new-age brokerage in TO, that according to historical data, May 1st was to be the best selling day of the year for real estate transactions! And, further, the month of May will be a top selling/buying month for Sellers and Buyers. The proof is in the pudding. I will be back on May 2nd to either verify that declaration or refute it. Stay tuned. ...
There are many homes under renovation in Vancouver - that would seem to be a good thing. CHOA e updates for B.C. has an article that is entitled " Managing Environmental Risks During a Renovation. Further, the Recycling Council of B.C. has a recycling hotline. All of those materials to be replaced need not end up in a dumpster - some can be recycled. I have seen where hardwood floors are li ...
A note from Jamie Golombek, managing director of CIBC Wealth Advisory Services has a new report out on why it may be poor economics to pay down your mortgage. You can read it at "Mortgage or Margaritas: Is paying down debt putting your retirement at risk?"
The Dog Days of Summer are here- finally. The prolonged wait for the fate of the HST is in sight and the fall could be busy with elections of various stripes. As a membr of the Government Relations Committee for the REBGV, I am still working toward eliminating the Property Transfer Tax for Buyers of homes in B.C., or, at the very least, because of the tremendous resistance from the governmen ...
On March 31, 2009, B.C. will become the first Canadian province requiring home inspectors to be licensed. Discussions as to the adequacy of the new standards are ongoing. Any inquiries and/or complaints can be directed to the BPCPA website at www.bpcpa.ca or call 1-888-564-9963.
As a member of the Government Relations Committee of the Real Estate Board of Greater Vancouver I will be attending PAC DAYS (political action) in Ottawa April 26-28th, meeting with the P.M. and MPs to discuss issues impacting homeowners and home buyers i.e. RRSP withdrawal limits for eligible home buyers, 1st time Homebuyers Tax credit, etc.
