Commercial Real Estate Terms Your Clients Should Know
A REALTOR® specializing in commercial real estate helps buyers find the right building for their business. Different types of commercial Types of commercial real estate properties include: […]
Homes for the People – Housing Action Plan, BC 2023
Homes for the People – Housing Action Plan, BC 2023 On April 3, Premier David Eby and Minister of Housing Ravi Kahlon released their housing action plan, “Homes For People.” While much of the plan involves many previously announced commitments and plans, there are also new areas of commitment for the provincial government. Below […]
Home Buyers Recession Period
The Home Buyer Rescission period gives home buyers the right to withdraw from a home purchase agreement within three business days after an offer is accepted. The home buyers rescission period, hbrp came into effect in January 2023. This legislation allows for a three-day cooling-off period where a buyer can back out of their residential […]
First Time Home Buyers Savings Account – Here is what you need to know
First Time Home Buyers Savings Account – Here is what you need to know The First Time Home Buyers Savings Accounts are now available. Some institutions aren’t taking deposits for this type of account yet, while others are accepting deposits already. Under the program, first-time home buyers can save $40,000 tax-free towards their home purchase. […]
Foreign Buyers Ban Updates!
Updates for Foreign Buyers Ban The federal government has updated the foreign buyers ban, relaxing the rules. Below is a list of the updates from the foreign buyers ban. Enable more work permit holders to purchase a home to live in while working in Canada. The amendments allow those who hold a […]
Underused Housing Tax – What you need to know!
Underused Housing Tax – in effect as of December 31st, 2022 – What you need to know A new tax has hit the streets and the pocketbooks of Canadians, and it goes by the name of UHT – Underused Housing Tax. If you own an investment property that is registered with land titles as partnership, […]
BC Lacking Enough Housing to Solve Supply Problem
B.C.’s housing inventory lacking ‘right supply’ to resolve affordable housing crisis According to a newly-released Union of BC Municipalities (UBCM) report, B.C.’s housing inventory is keeping up with population growth but lacking the “right supply” to resolve the affordable housing crisis. The report shows that the province’s population grew 7.6 per cent while the number of […]
Real Estate Team Rule Changes
Real Estate Team Rule Changes Nowadays, many realtors are working in groups and identifying themselves as teams. These teams are subject to various rules designed to protect your interests. As of April 1, 2023, the rules governing real estate teams in BC will change to allow for more transparency for the consumer. Here is what […]
Walnut Grove Townhome Market Update 2023 – Hope is on the Horizon
Walnut Grove Townhome Market Update Hope is here for Walnut Grove Townhome Owners! The Walnut Grove townhome market is quite active right now. I just finished hosting two open houses at my listing at 9012 Walnut Grove Drive, and I was impressed by the traffic and response. People are back out, and they […]
Just Sold! 11-2075 Oak Meadows Drive
JUST SOLD! 11-2075 Oak Meadows Drive Brand new townhome featuring private rooftop patio and double garage. [/vc_column_text][vc_column_text] Size 1,400 square feet Bedrooms: 2 plus den Bathrooms: 3 Price: $857,000 Projected Rent: $3,300 per month [/vc_column_text][vc_column_text] It was a pleasure helping my clients find this cash-flow-positive investment property. Not only are the units in this development […]
