Vancouver and Richmond inventory levels (homes for sale on the MLS) continue to be at record low levels. There are far more buyers than there are sellers. Most quality homes and condos are selling with multiple offers and over asking. If you are thinking about selling sometime in 2016 I might suggest you list your home sooner rather than later. Once you make the decision to sell I would strongly suggest you interview several Realtors for the job.  

The Federal Government recently increased the minimum downpayment to purchase a home in Canada. Prior to the change a buyer was able to buy up to a 1 million dollar home (if they qualified) for as little as 5% down or $50,000 of their own money and borrow the other $950,000. Now buyers (if they qualify) will need 5% on the first $500,000 and 10% on the next $500,000. So, that same 1 million dollar home will now require a minimum $75,000 downpayment.  Here’s the big newsflash that most media outlets failed to report. It is very very difficult for a buyer to ever qualify for up to a 1 million dollar home with only 5% down. Most buyers would need a much bigger down payment for that size of loan. For that reason this slightly higher down ...

It’s that time of year again. The 2016 BC Assessment notices are arriving in the mail. As always, there is plenty of confusion and frustration as to what this spike in assessed values means for home owners. A few things to remember, if you had a 25% increase in your assessed value that will NOT cause your property taxes to spike by 25%. You're wasting your time if you’re looking to have your assessed value reviewed on your Lower Mainland home. The assessed value is ultra conservative. The market value of your home ( Real Value) is much higher. Where you might want to focus your concern is the over 55000 homes in BC that have now become ineligible for the BC homeowners grant in 2016.

I just finished uploading this Townhouse for sale, 6416 ASH STREET, Vancouver West, BCLike brand new! Move in condition!! Luxury corner unit townhouse in the prestigious gated "Weston Walk" . 1,714 sq.ft. , 4 bedrooms, 3 1/2 baths with private double car garage. 9' foot ceiling on main floor .Open kitchen with high end S/S appliances . It features a over 500 sq.ft. roof top with great view and piped gas for BBQ for your private enjoyment. A good size legal suite down stairs with separate entry/address/electricity meter and own fenced yard .Whole unit just been repainted . Upgraded lighting , temp control, carpet and with alarm too. Great location complex facing Tisdall park and with just minutes away from Oakridge mall, Canada line ...

I just finished uploading this House for sale, 11380 CLIPPER COURT, Richmond, BCthe PERFECT building lot.... this corner lot is located at the entrance to a family friendly CDS and offers 4,912 sq.ft. It is currently zoned under the LUC. Excellent neighborhood steps to all levels of school including McMath Secondary and a short stroll or bike ride to all of the shops, restaurants, boardwalk, community centre and recreation offered in Steveston Village. Bonus of a very well maintained 1 level home with 3 bdrms, 2 year old roof and updates. Live in invest or build your dream home.