Annual Property Assessment Notices from BC Assessment Authority were mailed out in early January 2020, & by now you should have received yours. The “Assessed Value” figure is BC Assessment's...
2020 Property Assessment: How Accurate & How Does It Affect Property Taxes?Annual Property Assessment Notices from BC Assessment Authority were mailed out in early January 2020, & by now you should have received yours. The “Assessed Value” figure is BC Assessment's... Real Estate Market Improving: Van East & West Detached Stronger Than Metro VancouverThe Real Estate Board of Greater Vancouver Stats Report for May 2019 showed a significant increase in Greater Metro Vancouver homes Sales - up 44% from Sales in the region for April. May Sales were also... Market Expectations Market RealitiesMarket Expectations, if sustained, sooner or later become Market Realities. A significant reduction in Sales activity fuelled by politically motivated, economically flawed taxes & government policies... Update on Making Room in Vancouver Rezoning InitiativeIn my News Bulletin Fall 2018, I outlined the City of Vancouver initiative to increase the supply & affordability of housing for both renters & buyers in most Vancouver’s residential neig... Speculation Tax - a Misnomer, Selective Cash GrabBy now, BC property owners should have received a mailed notice from the BC NDP Government requiring them to complete a Declaration (by March 31, 2019) to be exempt from a new, selective tax that targets... Market Outlook Winter 2019The Vancouver Real Estate market - especially for Detached Homes - went through a rough patch from late Summer 2018 to Winter 2019. The effect of restrictive new mortgage lending policies introduced by... CMHC VANCOUVER RENTAL MARKET REPORT FALL 2018On November 28th, Canada Mortgage and Housing Corporation released its Fall Rental Housing Market Report for the Census Market Areas of Vancouver. CMHC releases these reports semi-annually, and the lengthy... Making Room in VancouverUnder a policy initiative titled “Making Room Housing Program” the City of Vancouver is introducing dramatic re-zoning proposals to increase housing density & supply in most of Vancouver... Importance & Value of Pre-Listing Home InspectionsReal Estate markets change, & strategies used to market & sell properties must adjust & change as well. The hot Vancouver market of a couple of years ago - with high sales, low inventory, easy... Market is Tentative for Sellers & BuyersChanges in Government Legislation & Taxation Policies along with the policy statements accompanying these changes, is being felt in the Vancouver Market. Stiffer taxes on purchases by non-residents,... New Vancouver Empty Homes Tax, Will It Empty Your Pockets?By now you likely thought we have been taxed enough? Did you also think that the City’s social engineering agenda had completely gone into Totalitarian State mode? As of Feb 2nd (now moved to March... Real Estate Is An Expanding Investment
Market Outlook Winter 2018The Vancouver Real Estate market - especially for Detached Homes - has gone through a bit of a roller coaster ride from Winter/Spring 2016 through to now - Winter/Spring 2018. 2016 1st half saw a very robust,... New Mortgage Lending RulesAs of January 1, 2018, uninsured mortgage consumers (i.e. those with 20% or more downpayment) must now qualify for property financing using a new minimum qualifying rate. The rate will be the greater of... Vancouver Real Estate, Can Prices Go Any Higher(originally published in 2010, updated to 2017) By Bob Bracken
Good Investments Often Made NOT Found(originally published in 1999, updated to 2018)
Investment Property Equals Very Affordable Home(originally published in Spring 1997, updated to 2017)
Case Study - What most Missed, One Buyer Saw
Market Outlook Fall 2017The 1st half of 2017 in the Vancouver Residential market (at least for Detached and land based property) can justifiably be characterized as “The Comeback” - i.e. from the effects of the 2016... Bloomberg News “Gets” Vancouver Real Estate ValuesFor decades - as many of my Clients and Readers know - I have been expounding (ad nauseam ?) my belief in the underpinnings of Vancouver Real Estate values and the fundamental economic conditions that predict... |