Many complex and critical steps take place behind the scenes when you enter into a real estate transaction and you should always choose to work with a licensed and reputable conveyancing professional. If you are shopping around for the best mortgage and rate, it now makes sense to shop around for the best deal in conveyancing at the same time.
Many rural and remote acreages are being purchased this year and lots of buyers are discovering that they need the professional services of a surveyor to begin the process of securing the land with gating and fencing and to plan out the location of new dwellings and outbuildings. A boundary survey adds value to your title, it allows the title owner to confidently create a land use plan and develop the acreage to add maximum value using the land in the best possible way.
If the provincial government released another 2-3% of Provincial Crown Land into the private saleable holdings we would see an immediate and lasting impact on the real estate market as supply would increase dramatically and prices would stop their continued rise. The uplifting economic benefits of homeownership could continue to grow the economy and the province and its residents would actually benefit as a result instead of being continually penalized for a population growth issue that has been neglected by governing bodies in BC. The released crown parcels could be ear-marked for specific types of qualifying multi-unit and single family affordable housing which could actually be affordable!
Insured mortgages are running at record highs across Canada, meaning that banks are still actively lending and approving residential real estate mortgages. These risk free loans backed by CMHC and the Federal Government are a way to continue to bolster our failing economy and keep Canadians borrowing and spending money.
The exit of the CMBPP leaves long term collateral damages like double digit price growth and widens the wealth inequality gap between renters and asset holders even further. The BOC had a primary directive to stabilize the economy with the Bond Purchasing Program and stated the widening wealth gap is a by-product of this best policy approach.
We have spent more time at home, in our houses, condos and apartments in the first five months of 2020 than any other time in history.” Simultaneously around the globe in March, humanity was sent home to stay home. Home has become a workplace, a classroom, a workout studio/gym, a revolving gourmet restaurant, a dance […]
Having pushed the restart button and emerged into the “New Normal, we discover that BC’s economic engine is but a shadow of its former self. Citizens and businesses must now face the long term consequences of the national measures taken to combat the Covid19 pandemic. No amount of government stimulus funding will make up for […]
The pandemic has left some questioning the ‘grand bargain’ of small condo life — but for others forced to ride transit and continue working in public, there’s no choice at all, and even the best laid urban plans will have to adapt. Stefan Labbé / Tri-City News MAY 18, 2020 04:47 PMShannon Johnstone returns home from a […]
Social distancing across the globe brings the already tech-savvy real estate market to the ultimate test. Real estate is an industry born from face to face contact and will always need a human touch. But as we are urged to distance ourselves socially the impact on face to face business has to change… quickly! The […]
2020 residential real estate poised to be a “much more typical year” than recent activity, says B.C. Real Estate Association Joannah Connolly Glacier Media Real EstateJanuary 13, 2020 Following a slide in B.C. home sales that put total transactions in 2018 at 24.5 per cent lower than 2017, a flurry of activity in the second half […]
Remember back to a time when you were imagining how you would run your own business and what kind of lifestyle you would enjoy as a result of your imagined efforts. Before you registered your business name or incorporated, and before you knew what you know now about being an independent business owner. Was there […]
Property buyers spend allot of their time asking many questions to determine if a property they like is the right choice for them. Buyers must perform some level of due diligence with every property that they are seriously considering. A buyer must examine every aspect of a home and property to confirm that your listing […]
Planning a spring listing for your home or property? If your goal is to sell your home, you may be surprised to learn that there are many positives when potential purchasers are viewing your home during the winter months. The short lull in interested buyers around the December holidays turns into a mid January movement of […]
British Columbia has both an ever increasing population and a prevalent lack of saleable, privately owned land. BC’s population growth outpaced five other provinces and increased by 5.6 per cent over four years from 2011-2016. The provinces 4,648,055 citizen count has shown steady growth with an increase of between 5%-7% every 5 years since 2001. All those […]
Canada’s housing agency said the country is now at high risk of a sharp correction in home valuations as the continued appreciation in prices becomes unmoored from economic fundamentals. The Canada Mortgage and Housing Corp. raised its market risk assessment to high from moderate on Tuesday, in a report showing both activity and prices remain near record […]
Billionaires battle over False Creek land deal Vancouver’s Concord Pacific squares off in court against Singapore-based investor Oei Hong LeongSep 23, 2021 7:15 AM By: Chuck Chiang, Business in Vancouver The legal battle over the former Expo ’86 lands continued this month, when developer Concord Pacific Group appealed a court decision that awarded “special costs” in the […]
You’ll never have to mow the lawn again with these eco-friendly alternatives to grass.2min read There’s a harsh reality to how much water is required to maintain a luscious lawn. And in many dry and arid climates, supporting a grassy front and back yard is unsustainable. If you live in a desert-like climate or are looking for […]
Typical B.C. home price will top $937,000 in 2022 – and $1.2 million in Metro – as housing starts plunge 12.8 per centAug 30, 2021 9:08 AM By: Frank O’Brien Multi-family construction continues at the Oakridge Centre in Vancouver. | Chung Chow Despite election pledges from every major political party to boost new home construction, B.C. housing […]
For those thinking of buying a home in B.C., the housing market could have more movement this fallAug 25, 2021 11:49 AM By: Justin Kerby, REW The market has changed since the beginning of the year, and though a frenzy of dozens of offers is unlikely, B.C. buyers and sellers can still expect to see competition from […]
NEWSREAL ESTATEDEVELOPMENTURBANIZED BC government to allow new secondary homes with flexible uses on farmland Kenneth Chan|Aug 11 2021, 5:27 pmExample of a mansion in Surrey built on a property deemed as part of the Agricultural Land Reserve. Such large homes on farmland are not permitted today. (Google Maps) The provincial government has reversed course on some of its previous […]
Print Share Beverage manufacturing companies are an important part of Canada’s food and beverage manufacturing sector and will play a critical role in Canadian economic growth in 2021. The sector employs over 42,000, 15% of all food and beverage manufacturing jobs, and contributes $7.0B in GDP to the economy. Beverage manufacturing is a low-margin, high-volume […]
The August issue of Western Investor includes a look at seven B.C. waterfront homes listed at a lower price than a city condo. Here is a sample.Jul 16, 2021 3:49 PM By: Frank O’Brien PreviousNext1 / 3 Fawn Lake: 10-acre waterfront parcel with two cabins in the Cariboo.| LandQuest RealtyExpand A West Coast waterfront home is the often the long-held […]
Interested in buying a house that preserves your town’s history and culture? Learn the upsides and downsides from historic property experts.6min read When purchasing a historic home, buyers should be aware of unique parameters and responsibilities that come with living in a timeless residence. Are you considering buying a home built before your time? Here […]
Down payments are more than $100,000 higher than in Quebec, where buyers paid the lowest level in the country, new study showsJun 29, 2021 7:38 AM By: WI Staff – Chart courtesy of LowestRates.ca British Columbia homebuyers put down an average of nearly $160,000 to purchase a home during the first quarter of 2021, by far the […]