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Boomers vs. Millenials- A home purchasing battle between generations

May 23rd, 2019
Original Article by Samantha Rotbart | MAY 09, 2019Ah, the amenities of city living. Restaurants, theater and entertainment all within walking distance. Sound appealing? Millennials and baby boomers sure think so. When it comes to house hunting, the two generations – millennials, age 23-38, and baby boomers, age 55-75 – have more in common than ever before. In fact, the 2018 National Associa ...

31 ways home buyers, sellers and owners can save money

May 16th, 2019
Are you looking to save money? We can help! Here's 31 ways BC home buyers, sellers, and owners can save money. ~ Oringal Article by The Real Estate Board of Greater Vancouver1. BC Property Transfer Tax (PTT) First-Time Home Buyers’ ProgramQualifying first-time buyers may be exempt from paying the PTT of one per cent on the first $200,000 and two per cent on the remainder of the purchase pric ...

2019 FEDERAL BUDGET UPDATE FOR FIRST-TIME HOME BUYERS by Peter Kinch

April 17th, 2019
Article courtesy of Peter KinchIn March, the Federal Government came out with their long-awaited 2019 Federal Budget. For those of us on the West Coast, there was an expectation, or at least a hope, that we’d see some relief from the ‘2% Stress Test’ - Or perhaps an extension of the maximum amortization to 30 years. Instead, Ottawa introduced a new zero-interest loan to help first-time homebu ...

Federal budget 2019 – new initiatives for home buyers

March 20th, 2019
Original Article Posted by Real Estate Board of Greater Vancouver Today’s Federal Budget 2019 includes initiatives for first-time buyers, renters and measures to prevent tax non-compliance and money laundering.New First Time Home Buyer's Incentive This new program allows first-time home buyers with a minimum down payment (5%) for an insured mortgage to apply to finance a portion of their ho ...

2019 real estate market outlook: a forecast summary

January 24th, 2019
2018 was an extremely taxing – quite literally – year for B.C. real estate, in which taxation measures and other government interventions slowed down market activity considerably and creating a softening in average sale prices. So what will the forthcoming year hold? A further sales slowdown, a plateau, or a recovery? Falling or rising prices? As ever, industry organizations, brokerages and e ...

Great local business "Cartwright Jewelers" supporting children's charity

December 3rd, 2018
The Holiday Season is upon us again and along with it comes a flurry of events, treats and inevitable gift shopping! Chances are, you are wondering for yet another year, what to get those special friends who already 'have everything'. Well... we found it for you!We were delighted to stumble upon these beautiful snow globes at Cartwright Jewelers in Uptwon New West and THE BEST part is the ent ...

Below Is an Interesting Opinion on Ont. Proposed Rental Control, Let Us Know Your Thoughts !

April 21st, 2017
Below Is an Interesting Opinion on Ont. Proposed Rental Control, Let Us Know Your Thoughts ! "The reality is that you cannot tax your way to real and sustainable change." The current state of affairs:• We are in the process of a historical transition to a more rental-oriented real estate market• 28,000 new-build rental units were proposed as of the 4th quarter of 2016• More talk of rent con ...

New Westminster Real Estate Info Update

April 19th, 2017
The Real Estate Investment Network has predicted that within 10 years New Westminster will be the centre of a real estate investment boom thanks multiple factors that signify a strong economy and its location as a transportation hub city. New Westminster’s affordable housing costs, multiple SkyTrain connections, and its reputation to have low commercial development fees. is making the c ...

Have Vancouver housing markets really shifted?

March 3rd, 2017
The daily media predictably jumped all over the sharp decrease in sales activity that followed a jump in the property transfer tax for foreign purchasers of residential real estate in Metro Vancouver. “Vancouver property sales plunge as foreign-buyers tax takes effect,” proclaimed one headline; “September home sales plunge nearly 33% in Metro Vancouver,” ran another. The message was that ...

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