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UBS Still Calling for Vancouver Housing Crash!

October 31st, 2017, Owen Bigland

It’s back! The European bank UBS is out with their annual world housing report and as usual Vancouver is one of there top 10 most overvalued markets. This year Vancouver comes in at #4. Last year we were #2. UBS and many others has been calling for a correction in Vancouver RE for about 8 or 10 years years now. The market has since gone up well over 100% since... One of these days they're g ...

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Posted in Video Blog

5828 LANARK STREET, Vancouver East, BC

October 30th, 2017, Owen Bigland

I just finished uploading this House for sale, 5828 LANARK STREET, Vancouver East, BC

Spacious & Well maintained 4 bedroom 2 bathroom bungalow with full basement and large rec room on quiet tree lined street near Knight & 41st. Over 2200sq.ft. on a 33x122 lot. Home has had many upgrades over the years. Roof 5 years old, windows 2008, new hot water tank. Refinished floors. Home is in good livab ...

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Posted in Listings

Vancouver Detached is on Sale!

October 27th, 2017, Owen Bigland

The market for Vancouver detached homes has slipped into a balanced and even a buyers market in most of the higher price brackets. Buyers who own a 2 or 3 bedroom condo or townhouse may want to take a look at moving up the ladder into the detached market. I’m seeing good livable homes of 2000 to 2200sq ft on 33X122 lots listed in the 1.4 mil area these homes were selling at $200k more just ...

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Posted in Video Blog

New Qualifying Requirements on Conventional Mortgages

October 24th, 2017, Owen Bigland

Effective January 1, 2018, first-time home buyers who don’t require mortgage insurance — those with a down payment of 20 per cent or more — must qualify for their mortgage at a higher rate. This new stress test won’t apply to people renewing their uninsured mortgage. Canada’s Office of the Superintendent of Financial Institutions (OSFI) announced these rule changes today. Draft changes were ...

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Posted in Video Blog

Sullivan Station Open House!

October 22nd, 2017, Owen Bigland

We are proud to announce that this Oct 22nd, 2:00 PM to 4:00 PM we will be hosting an Open House at 24 6110 138 STREET in the Sullivan Station neighborhood, Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful Sullivan Station.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Sullivan Station Townhouse for sale.

A ...

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Posted in Listings

Sullivan Station Open House!

October 20th, 2017, Owen Bigland

We are proud to announce that this Oct 21st, 2:00 PM to 4:00 PM we will be hosting an Open House at 24 6110 138 STREET in the Sullivan Station neighborhood, Surrey. This is an opportunity to visit this excellent Townhouse for sale in beautiful Sullivan Station.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Sullivan Station Townhouse for sale.

A ...

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Posted in Listings

Buying Presale Condos to Flip. Extreme Danger!!

October 17th, 2017, Owen Bigland

I’m hearing stories of a pre-sale condo gold rush going on in Surrey and parts of the Fraser Valley. One story that was relayed to me was of a person who bought 4 pre-construction 1 bedroom units with the plan to flip or assign them over the next 18 to 20 months before the units were completed. Apparently this buyer had not even talked to a mortgage broker or had the additional funds to clo ...

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Posted in Video Blog

24 6110 138 STREET, Surrey, BC

October 17th, 2017, Owen Bigland

I just finished uploading this Townhouse for sale, 24 6110 138 STREET, Surrey, BC

Fantastic, meticulously maintained, duplex style townhouse in tranquil Seneca Woods This wide floor plan home with 2000 sq ft has 3 spacious bedrooms and 3 bath. Includes a bonus extra large walk-out basement/recreation room that can be converted to a 4th bedroom and is already roughed in for a bathroom. The open ...

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Posted in Listings

211 8740 NO. 1 ROAD, Richmond, BC

October 16th, 2017, Owen Bigland

I just finished uploading this Condo for sale, 211 8740 NO. 1 ROAD, Richmond, BC

'Apple Greene' Rarely available 'Miami Suite' 2-bedroom, 1.5 bathroom corner apartment. In-suite laundry. Large kitchen with extra cupboard space and cozy breakfast nook. Sliding glass doors off the kitchen and off the living room. 1147 sq.ft. including the balcony. Comes with storage locker and underc ...

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Posted in Listings

Are We Taking on Too Much Debt?

October 10th, 2017, Owen Bigland

There have been a number of new reports stating that Canadians are taking on too much dept. Much of it in the form of residential mortgages. In this blog I will explain the difference between good debt and bad debt. Provided you're not over-extending yourself, there’s nothing wrong with taking advantage of the historic low interest rates we currently have. I will also discuss why all Canadi ...

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Posted in Video Blog
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Contact Owen

Owen Bigland

  • Mobile: 604.889.1118
  • Email: owen@owenbigland.com
  • Macdonald Westmar
  • Address: 203-5188 Westminster Hwy

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Macdonald Realty Westmar
203-5188 Westminster Hwy
Richmond V7C 5S7
: 604 889-1118
: owen@owenbigland.com

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