By: Marion Sanchez

Resale Condos vs Preconstruction: What’s Better?

Tags: Resale Condos vs Preconstruction:

Resale Condos vs Preconstruction: What’s Better?   You have two options when exploring a new condo purchase: Resale or Pre-construction. A resale property has a history of past owners/tenants. A pre-construction condo, on the other hand, is a brand-new unit in a new building. On the surface, it sounds like a no brainer: Why would you want a pre-owned condo when you can purchase a new on...Read More

By: Marion Sanchez

Condo and Townhome Prices Keep Rising in Greater Vancouver

Tags: Condo and Townhome Prices

  2016 marked an exciting yet concerning year for Canadian Real Estate. Home prices skyrocketed and realtors couldn’t find a moment to breath amidst the ensuing chaos of a red-hot market. Low inventory, foreign buyers, as well as a strong demand were all contributing factors, and the powers that be struggled to find ways in which to tame the market. A foreign buyers tax was one of the ...Read More

Mortgage Rules in Canada and BC are Changing

By: Marion Sanchez

Mortgage Rules in Canada and BC are Changing

Tags: Mortgage Rules in Canada and BC

It should come as no surprise that Canada’s major real estate markets have seen a dramatic increase in price point over the past few years. The dramatic increase can’t be attributed to anyone one single cause, but rather a wealth of causes; we’ve seen outside investors swoop in and drastically increase the sales volume in many of our biggest cities, we’ve seen tons of buyer...Read More

By: Marion Sanchez

Foreign Buyers and Immigration in Canada

Tags: Foreign Buyers, Immigration in Canada

Foreign Buyers and Immigration in Canada   In 2016, foreign buyers started to see the value in Canadian Real Estate. They flocked by the dozens to Canada’s major markets, primarily BC and Ontario, scooping up commercial real estate, condos, townhomes and detached properties alike. The promise of increased equity and strong investment opportunity made for a very hot market, and the oppor...Read More

By: Marion Sanchez

Why you must give your opinion regarding the Empty Homes Tax

Tags: REAL ESTATE MARKET VANCOUVER , CANADA, HOME PRICES, FOREIGN BUYER TAX, CONDOS AND HOUSES

If you don't rent in Vancouver, it's possible that you haven't heard or realized that beside the insanity of the Real Estate market, Vancouver sub-consequently suffers from a rental housing crisis. Some say that the "near-zero rental supply" is due to foreign investors who don't bother looking for tenants once they bought their properties, and others...wel...Read More

By: Marion Sanchez

Canadian Real Estate: Where Have We Been and Where are We Going?

Tags: Real Estate market Vancouver , Canada, Home prices, Foreign buyer tax, Condos and Houses

2016 was an interesting year in Real Estate. Markets like Vancouver and Toronto continued to see increased house pricing that exceeded the rate of inflation, despite continued rumours that 2016 would be “the year the bubble pops”. There were many culprits named as the causes of these insane price increases, with foreign investors being labeled as the biggest factor; In July of 2016, th...Read More