Condos for sale in Mount Pleasant range in age from new to 55 years old. One of the areas to always be aware of in older buildings is the plumbing. Plumbing lasts approximately 25 to 30 years. If a buyer is considering purchasing a condo in an older building one of the areas that must […]
September was an important month for the Vancouver real estate market as new mortgage rules have been announced. The key impacts of the new mortgage rules are Lower borrowing power for buyers, specifically those with 20% down but also those who may need to qualify on a program that banks require to be insured, […]
I would like to list my single family detached house for sale on MLS, do I need to find out if I have an underground oil tank on my property? It is very important to find out if there is an underground oil tank on your property before placing your house for sale. If your […]
Many buyers believe that concrete construction is better than wood frame construction. In your Vancouver Condo search, it not always a simple “concrete is better”. One must look at each building individually; if a buyer eliminates all wood frame buildings automatically, they may be missing some great opportunities. Concrete is, in most cases, more expensive […]
Navio at the creek is Phase 2 of the new development by Concert Properties located in the sub area of Mount Pleasant, bordering Olympic Village. The location is fantastic; in the heart of one of the most desirable neighbourhoods in Vancouver. There is an established and vibrant community which includes cafés, shops, restaurants, businesses and […]
The Vancouver real estate market was already in a state of correction when the 15% foreign-buyer tax was implemented. In fact, the market started to slow and correct in mid-June of this year. Sales for the month of July and August have dropped and inventory has increased. 2016 Monthly Absorption Rates Detached Single Family Houses […]
Is it actually as large as advertised? Maybe not; today’s buyers need to understand true legal square footage when purchasing a Vancouver condo. A condo’s indoor and outdoor square footage are important factors when establishing market value. In fact, the square footage of every strata titled condominium in Vancouver is registered with a legal document […]
Important Information for Condo Investors Measurements are very important when investing in a Vancouver condo. Investing in a Vancouver condominium today means jumping into a market that is moving at an unprecedented pace. A new listing will hit the market on a Wednesday, followed by a weekend Open House with offers presented on that Monday, […]
Vancouver Real Estate Market Update Every sector of the residential real estate market is extremely busy. The total number of residential property sales in January 2016 was 31.7% more than the month of January 2015. In fact, the total number of sales for January 2016 was 46% above the ten-year average and ranked the second […]
2015 Real Estate Market in Review How high can Vancouver real estate prices go? For local Vancouverites it is the untenable question. Foreign buyers and seasoned investors are confident that prices will continue to rise. Low interest rates, a continued lack of listings and off shore money fueled a record breaking 2015. At this time, […]
