13 Things You Should Know About Strata BEFORE Buying a Condo
Posted on Aug 22, 2024
Owning a condo in Vancouver comes with several unique challenges and issues that potential buyers should be aware of before making a purchase. Here are the key considerations:
1. High Strata Fees
• Overview: Strata fees in Vancouver can be substantial, covering maintenance, insurance, amenities, and sometimes utilities. Fees can increase over time, e...
Super Charged Real Estate Series: Choosing Your Optimal Style Of Negotiation
Posted on Aug 14, 2024 in Real Estate
Negotiation in real estate involves various strategies and techniques to secure the best possible deal when buying a home. Here’s a deep dive into different types of negotiation strategies and how they can be used effectively:
1. Competitive Negotiation
• Description: This strategy focuses on winning the deal, often by being assertive and driving a h...
Gov Extends Its Ban On Foreign Investors Buying Real Estate Another Two Years
Posted on Aug 12, 2024 in Government Regulations
On February 4, 2024, the Minister of Finance, the Honourable Chrystia Freeland, announced the federal government's intention to extend the existing ban on foreign ownership of Canadian housing by two years. The Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”), which came into force on January 1, 2023, and prohibi...
North Vancouver Real Estate Market: A Beacon of Stability
Posted on Aug 08, 2024 in Local News
FOR IMMEDIATE RELEASE
North Vancouver Real Estate Market: A Beacon of Stability Amidst a Changing Landscape
North Vancouver, BC – July 16, 2024 – The North Vancouver real estate market continues to demonstrate remarkable resilience and dynamism in the face of an ever-evolving economic environment. Known for its breathtaking scenery, high quality of l...
BC Residential Tenancy Act Changed For Second Time in Past 30 Days.
Posted on Aug 08, 2024 in Government Regulations
Press Release for BC Residential Tenancy Act
Top 20 Highest Increase Property Value Cities In The World.
Posted on Aug 06, 2024 in Real Estate
Vancouver stands out among a few others cities with the highest increase percentage in the world (from 1999 to 2019).
A comprehensive study of real estate prices over the past 20 years reveals significant trends in the world’s major cities. The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index shows a substantial rise in home values acro...