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Buyers take note - B.C. Notaries bust common home buying myths


Here's a refreshing perspective for Buyers aiming to purchase a home in Vancouver's real estate market. 

Wayne Braid, CEO of The Society of Notaries Public of B.C., affirms the Spring market is very active where “Low mortgage rates, strong population growth, solid job markets, and retirees moving west to escape long winters are creating continued housing demand for homes and rental properties.” While this housing demand can be daunting for first time homebuyers confronting multiple offer situations, the boots on the ground BC Notaries dismiss a number of home buying myths in this recent BC Local News report

 



Low Canadian dollar attracting International Buyers to Vancouver


If you're an American, Chinese or other International Buyer this is an opportune time to leverage your currency and purchase Canadian real estate at a 20% discount! Read about this historic opportunity as outlined in Dan Scarrow's report from our Macdonald Realty location in Shanghai, China. I have included a link to Dan's interview entitled - Low dollar equals "bargain" Vancouver real estate for international buyers in my recent Vancouver - Cross Border newsletter which covers the current Vancouver market and other Cross Border real estate issues here. Be sure to give me a call at 778-233-8888 or send me an email to target the best leverage income or residential properties that meet your personal, investment requirements!

 



Vancouver Neighbourhoods - Housing Market Infographic Summaries


Now that the Vancouver weather has turned, with longer spells of rainy weather and muted Autumn colours, it's no surprise that September's sunny spell was accompanied by an uptick in real estate property sales across the Lower Mainland. Compared to the predominately Buyer's Market a year ago, this September turned out to be either a Seller's or Balanced market for house and condo sales. Check out the local neighbourhoods performance in this Macdonald Infographic summary.



Vancouver is a hit - Top 7 Western Canada real estate news stories


2013 was clearly a memorable year for Vancouver's real estate market. Read the Top 7 Western Canada real estate stories here - that include Vancouver's record setting of the highest price Canadian luxury home sale and the City's approval for what promises to be a mind-boggling top heavy skyscraper.



Vancouver coach houses, stacked homes, duplexes among forecast for 2014


With overbuiliding in some areas and emerging housing designs taking root in other Vancouver neighbourhoods, local architect and planner Michael Geller predicts that coach houses, stacked homes and duplexes are going to be increasingly popular in 2014.  Check out Michael's sensible analysis of how local demographics, immigration, and planning policy are shaping Vancouver's future cityscape.



The Art of Living Small


"Who said living small meant living simply?"

laneway house

Photo courtesy of Roger Brooks Photography

Certainly not the makers of a 516-square-foot Laneway House that will be auctioned off live at the Vancouver Convention Centre this September 21st, in support of the Alzheimer's Society of B.C. To view a photo gallery of contemporary laneway houses and read more about this upcoming event click here. 



Vancouver Real Estate Market Stabilizes


The Vancouver real estate market is showing signs of stabilizing according to Sarah Fullbrook with BC Business - Sarah reports "Residential prices continue to fall, but an increase in the sales-to-active-listings ratio points to increased market balance."  For full article click HERE.