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Interested In Purchasing Multi-Rental Properties?

Here’s How to Find the Right Rental Property for You If you’re interested in purchasing multiple rental properties to generate income, there are a number of considerations to make first. Finding the right rental property for you often involves a healthy combination of luck, good timing, and adaptability. But that doesn’t mean it can’t be done. Over the years I’ve had a number of clients with a surprisingly big rental portfolio. Actually, I still do. In Vancouver where many are struggling to afford their first home, even the idea of […]

Atrina Kouroshnia January 27, 2017 Post Comment

Greater Vancouver Home Assessments Are Pretty Great After All

The first month of 2017 has proven more interesting than expected. In fact, the New Year’s Eve hangover hadn’t even worn off before BC Assessment published its 2017 property value data online, spiking concern amongst property owners who discovered their homes were assessed at a much higher rate than the previous year. But not everyone believes the current assessment is an accurate reflection of their property’s worth. Proving that perhaps Greater Vancouver home assessments are not so great after all. PROPERTY VALUES LEAP INTO NEW YEAR Just days into the […]

Atrina Kouroshnia January 27, 2017 Post Comment

Arrested Development: How Provincial & Community Growth Will Impact Your Future Home

There’s more than a sliver of truth to the old saying, ‘the only thing constant is change.’ As a mortgage broker, I make it a point to get this same sentiment across to my clients. Because whether you plan to buy a home in a remote area for retirement or enjoy a more suburban lifestyle, at some point provincial and community growth will impact your future home. When we buy a property we tend to see it for what it is today, but we rarely spend time assessing what it’s […]

Atrina Kouroshnia January 23, 2017 Post Comment

The Up & Up About BC’s New Down Payment Program

A bombshell announcement was dropped in December when the BC government announced a plan to assist first-time homebuyers enter the housing market. Controversial BC Premier Christy Clark says the new BC Home Owner Mortgage and Equity (HOME) Partnership program will contribute to first-time homebuyers’ down payment. But will this usher in the real change that this province needs? Get the up & up about BC’s new down payment program and let me know what you think. ONE HOME, TWO DEBTS I have to admit that I was more than a […]

Atrina Kouroshnia January 13, 2017 2 comments

Snuffing Out Vancouver’s Real Estate Fire

Conversations in Vancouver tend to revolve around the same three subjects: rain, dating, and real estate. Anyone worth their Hunters and steamy London Fog however, knows that the sizzling price of real estate in the GVA has trumped the trifecta’s other subjects for some time now. After years of high-profile stories covering much public (and very vocal) embitterment over foreign buyers snapping up real estate and driving prices through the proverbial roof, B.C.’s provincial government has finally made moves to snuff out Vancouver’s real estate fire. On August 2nd, a […]

Atrina Kouroshnia November 23, 2016 Post Comment

Vancouver’s Changing Housing Market: Is Renting Really Best?

No one’s arguing the fact that Vancouver is a heated housing market. As a result, the decision to rent or own has become something of a rite of passage here in the GVA. Overall, 70% of B.C. households own, whereas just 48% of households in Vancouver do the same. That means Vancouver already has more renters than owners. While there are many benefits to renting–less responsibility, more access to cash, no property taxes, maintenance or repairs–I’d bet a big part of why that number is so high is the price […]

Atrina Kouroshnia November 17, 2016 Post Comment

Greater Vancouver Housing Prices (September 2016)

Many want to know how the market has changes, especially after the introduction of the foreign buyer tax. With data from the Real Estate Board of Greater Vancouver, I’ve designed these two infographics to compare real estate prices from May 2016 with September 2016 and was quite shocked by what I found. New changes, including the foreign buyer tax, may have thrown a proverbial branch into the wheels, but perhaps not as much as we would have thought. Although sales seem to be lower, the prices haven’t come down as […]

Atrina Kouroshnia November 13, 2016 Post Comment

5 Things Scarier Than The Cost of Vancouver Housing

With Halloween around the corner it seems only right that I dedicate a few words this month to something even scarier than Vancouver housing prices–non fiction. With subjects ranging from demonic possessions to jealous spirits and strange vortexes, here are a few of the most terrifying true-life stories ever written. THE HAUNTED, by Robert Curran It’s hard to doubt the validity of something when it’s backed by a priest and a pair of world-famous demonologists (yes, that’s a thing). But that’s exactly what The Haunted is. A true life account […]

Atrina Kouroshnia October 31, 2016 Post Comment

Housing Through The Ages

How We Live, Where We Live, & Why A fleeting thought yesterday about the effects of the digital revolution on our living spaces brought me back to a social sciences class in University that made quite an impression on me. During one particularly impassioned speech, my professor—a wonderfully forward-thinking woman—gave a searing indictment of how the industrial revolution changed everything from how we live to where we live. In particular, how most of us went from being farmers to city folks practically overnight. This change in homestead had profound effects […]

Atrina Kouroshnia October 28, 2016 Post Comment

The Big Short

Historical Mortgage Rates Throughout Canada At one time the Canadian mortgage market seemed like little more than some friendly competition between banks and credit unions. Boy, have times changed. From the heart-stopping mortgage rates of the 80s to our current dip just below 2.5%, today the market looks more like a stadium of gladiators at battle. To get a better idea of what the future holds for Canadian mortgages, I took a long look at Canada’s historical rates* over the last seventy years—here is some of what I discovered. The […]

Atrina Kouroshnia October 26, 2016 Post Comment
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