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Interest rate hikes are coming but they'll be lower than many expect: CIBC

Rates likely to pause well below U.S. Federal Reserve's latest 4 per cent forecast TORONTO, April 10, 2014 /CNW/ - While it's clear that interest rates are heading upward, a new report from CIBC World Markets finds that the hikes will be lower than in previous cycles and fall below what many, including the U.S. Federal Reserve, are predicting.  "The nature of the upcoming expansion ...

REBGV - Home sale and listing activity continue to chart a steady path for the region’s housing market

Steady market is trending towards sellers.   Real estate listings in the Greater Vancouver area are on the rise. Listing this March have risen 9.1% from March 2013 listings, and have increased 12.4% since February 2014. The increase in listings means more supply for buyers. This is good news for buyers and sellers. Buyers have more choices, but sellers are still seeing multiple offers. A great ...

#15 1073 Lynn Valley Road, North Vancouver, BC

I just finished uploading this Townhouse for sale, #15 1073 Lynn Valley Road, North Vancouver, BC Welcome to the River Rock. This bright single level, 845 sq ft townhouse has a great open floor plan. This wonderful home features 2 bedrooms plus an open office/den area, a spacious living room with gas fireplace and separate dining area. The large kitchen includes stainless steel appliances ...

Vancouver home sales rise in March from year ago, real estate board says

VANCOUVER — Home sales in the Vancouver region picked up in March compared with a year ago, but were still well below the long-term average for the month, according to the city’s real estate board. The Real Estate Board of Greater Vancouver said Wednesday there were 2,641 homes sold through its Multiple Listing Service, up from 2,347 a year ago. However, the tally fell short of the ...

Metro Vancouver housing prices are expected to remain strong

Vancouver entered its 10th consecutive month of sales gains with the market looking healthy for spring, according to today's Vancouver Sun article.    

Buying a pre-construction condo

Buying a pre-construction condo can be a risky business. But, a little due diligence can go a long way   1.   Talk to experienced buyers No marketing effort can beat the power of word-of-mouth. Ask people around you who have bought a pre-construction condo in Vancouver before. Ask them about their experiences, fees, connections and who they recommend. There is no shame in learning ...

Property Rentals - Know the Rules

Searching for a rental property can be tough in Vancouver, and while Craigslist seems to be the go to place to find a rental, it is important to know when someone is being scammed.  My best advise is: Do your homework.  In BC we are legislated under the Real Estate Services Act and Residential Tenancy Act.  The legislation is there to provide guidance, and protect both the landlord ...

Dining out for Life - tonight

Don't for get that March 25 is the day for Dining out for life.   Local Restaurants will donate 25% of their food orders towards Friends for Life and A Loving Spoonful, both very amazing organizations that help people with life threatening illnesses. What better excuse to go out for a good meal?

First Time Home Buyer Mortgage Financing

This is a helpful article from my associate, Jeff Evans, who is a mortgage broker with Centum. We work with many first time home buyers and if you are looking for your first home, contact me, we can help make buying a home easy. First time home buyers are often overwhelmed with the home purchase process. As a mortgage broker, part of my job is to help make sure that you understand the process and ...

Featured Real Estate Listing: 105-5665 Irmin Street, Burnaby, BC

RARE FIND!!!! Don't miss out on this great opportunity at Macpherson Walk. Comes with 2 UNDERGROUND PARKING STALLS side by side! Yes you heard right 2 PARKING STALLS!!! This beautiful 1 bedroom ground level unit includes a door that opens up to a spacious yard which includes a wooden deck and an OUTDOOR GAS BBQ LINE. The unit has an excellent layout with NO WASTED SPACE. It features Designer carpet, ...
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