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  1. New York is banning agent fees for rentals

    Brokers working for landlords can’t charge fees Steve RandallMortgage Broker News The cost of renting an apartment in New York can be eyewatering, not least because of the fees. But a new guidance issued by the New York Department of State this week has seen renters jump for joy while real estate agents and brokers […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-02-2020
    Real Estate Related

  2. Home sharing a win-win for two generations

    Millennials living with baby boomers to afford homes Myles ShaneREM Many millennials believe they may never be able to afford a home unless they have family that can help them out financially. But baby boomers, many of whom are now seniors, are also being significantly affected by the rising costs of living. With no relief in […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-02-2020
    Real Estate Related

  3. Fraser Valley home sales typical for January

    Home sales in the Fraser Valley housing market were 7% above the 10-year average Steve RandallCanadian Real Estate Wealth Home sales in the Fraser Valley housing market were 7% above the 10-year average for the month in January, while listings decreased and prices were higher. Figures from Fraser Valley Real Estate Board show 974 sales […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-02-2020
    Real Estate Related

  4. Supply down, sales up in Metro Vancouver

    Vancouver residential market lacking inventory Gerv TacadenaCanadian Real Estate Wealth The residential market of Metro Vancouver started the new decade with a substantial jump in home sales; however, the current supply of dwellings up for grabs is becoming thin, according to the latest data from the Real Estate Board of Greater Vancouver (REBGV). Home sales […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-02-2020
    Real Estate Related

  5. Insurance options should be considered

    Strata corporation should consider the options for renewing your insurance Tony GioventuThe Province Dear Tony: We are a first-time buyer and looking at an older condo in Surrey that is affordable and large enough for our family. The building just posted a notice, without any explanations, they could no longer purchase insurance as of January […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 06-02-2020
    Strata Information

  6. Two single-family homes in Shaughnessy could be replaced by 81-unit rental building

    Rezoning proposal envisions four-storey building along Granville Street and West 32nd Avenue Naoibh O’Connor Vancouver Courier A market rental building may be coming to Shaughnessy. A formal rezoning application has been filed for a four-storey project on a site that includes 4750 Granville St. and 1494 West 32nd Ave. Domus Homes and Stuart Howard Architects […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-02-2020
    Real Estate Related

  7. BC to offer online process for property tax deferment

    British Columbian homeowners can go online to defer property tax Steve RandallREP British Columbian homeowners who want to apply for deferment of property tax will soon be able to do so online. The property tax deferment program provides low-interest loans that allow qualifying BC homeowners to defer their property taxes until they sell or transfer […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-02-2020
    Real Estate Related

  8. Vancouver home sales start 2020 strong but below average

    Home sales activity in the Metro Vancouver housing market continue to improve Steve RandallREP Home sales activity in the Metro Vancouver housing market continue to improve on 2019’s slump. Data from the Real Estate Board of Greater Vancouver shows a 42.4% increase in sales year-over-year with 1,571 homes sold. This is also up 22.1% from […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 05-02-2020
    Real Estate Related

  9. Metro Vancouver?s residential real estate prices continue to creep up

    Home sales in January 2020 were 42.4 per cent higher than one year previously, reports board, while inventory remains low Joannah ConnollyWestern Investor The Metro Vancouver residential real estate market has had a fairly strong start to the year, relative to the poor performance of one year previously, the Real Estate Board of Greater Vancouver […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-02-2020
    Real Estate Related

  10. First-time home buyer incentive ‘a flop’ with minimal take-up

    Federal program so far used by only 29 home buyers in Metro Vancouver Frank O’BrienWestern Investor The federal First Time Buyer Incentive (FTHBI), introduced in September 2019, has so far been used by only 29 buyers in Metro Vancouver and fewer than 3,000 first buyers across Canada. Calling the program “a flop,” Sherry Cooper, chief […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    on 03-02-2020
    Real Estate Related
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