Blogs

Effective November 1st - New Mortgage Rules:  Summary: You've probably heard of the new mortgage rules handed down to Federally regulated financial institution through OFSI's (Office of the Superintendent of Financial Institutions Canada).  This email is a brief outline of these new rules.!Important!  These rules affect Federally regulated lenders such as Chartered Banks.  Credit Unions and o ...

B.C. Real Estate New Home HST/GST Calculatorhttp://www.rosborough.com/bc-real-estate-new-home-hst-calculator.html

Tighter mortgage rules start to take toll on high-end homesOttawa’s clampdown on mortgage borrowing is now gripping high-end homes, not just the entry-level market.The federal government eliminated the approval of 30-year amortization periods on government-backed mortgages in June – and the decision’s impact can now be seen most vividly in the cooling off of Greater Vancouver’s market, with s ...

http://former.vancouver.ca/commsvcs/planning/rezoning/applications/1412-1460howe/index.htm REVISED Rezoning Application - 1412-1460 Howe Street, 1410 and 1429 Granville Street, and 710 Pacific StreetThe City has received a revised application to rezone the sites at 1412-1460 Howe Street, 1429 and 1410 Granville Street, and 710 Pacific Street from BCPED (B.C. Place/Expo) and FCCDD (False Creek ...

The Conference Board says its September survey indicates Canadian consumers were generally the most confident in more than a year.Consumer confidence is soaring in British Columbia, with the province recording the biggest improvement in Canada this month, according to a Conference Board of Canada report released Wednesday.Nationally, the Ottawa-based economic forecaster said its index of cons ...

'Average' house prices don't tell the whole story. There are better indicators to glean market trendsWhen someone asks how house prices are doing in a particular neighbourhood, the question seems easily answered.The big real estate boards all issue monthly price reports that spell out what the average selling price was in the previous month and how that compares to the month, and the year, be ...

About to Buy a New Home? Don’t Show It to These PeopleA listing agent may have shown a prospective buyer a specific house two or three times. Now the buyer wants another showing, which is surely a good sign that she’s ready to make an offer. The buyer also tells the agent that she wants to bring her new boyfriend, best friend, out-of-town parents or co-worker with her to the showing.Well mean ...

The Anatomy of a Real Estate PurchaseThe steps, process and details of buying real estate can be intimidating and overwhelming to the first-time (and even the veteran) buyer. If you’ve never done this before, you likely have no idea how the process begins or what to expect.Every market does things a little differently, and you should ask your real estate agent how the process works in your co ...

5 Biggest Turnoffs When Touring a HomeA real estate agent’s job entails more than assisting clients with the nitty-gritty details of buying or selling a home. Good agents also tour as many homes as possible. Knowing the local inventory gives them an edge over the competition and provides great value for future buyers and sellers because those agents know the market — their product.Having tou ...

Summer doldrums: Greater Vancouver home sales sag in AugustHome sales in Greater Vancouver in August sagged but there was “stability in prices,” said Real Estate Board of Greater Vancouver president Eugen Klein Wednesday.Total residential property sales in Greater Vancouver in August were the second lowest since 1998 and 39.2 per cent below the 10-year August sales average of 2,711.Sales of d ...