What Politicians’ Promises Could Really Mean for BC’s Real Estate Market

A few days ago I submitted a Huff Post article about how each major party in the 2017 provincial election intends to tackle our real estate issues. But it’s always difficult to imagine a “what if” becoming a “what is.” Here’s a look at what politicians’ promises could really mean for BC’s real estate market. One of the centralized topics for virtually every party was the recent introduction of the 15% foreign buyer tax, an amount The Green Party wants to see doubled to 30%. As outlined by a recent […]

BC Real Estate Remains A Sure Bet for Many Foreign Investors

While Vancouver held its breath after Christy Clark announced the new 15% foreign investment tax, those in the business remained poker-faced. Sure, home sales dropped over the two or three months following; but a trained player knows it takes longer than that for the real estate market to reveal its hand. Buoyed by global crises, currencies as fickle as the governments who print them, and the most heated US presidential race in recent memory, BC real estate remains a sure bet for many foreign investors. IT’S TIME TO BE HONEST… […]

Keeping Up With Vancouver’s Cambie Corridor in Phase Three

While some of us were unsure at the outset, The Cambie Corridor looks to be changing Vancouver for the better. Now in its final stages, words like “coveted” and “in demand” are being used to describe the ambitious project. Well-suited for the 30-something crowd, I’ve been keeping a keen eye on the Corridor this past year. Here’s what I’ve learned in keeping up with Vancouver’s Cambie Corridor during phase three. THE CAMBIE CORRIDOR WINS WITH PUBLIC TRANSIT An article recently published in The Georgia Straight highlighted top picks among Vancouver […]

Canada’s New Mortgage Regulations Create Bigger Competition for Entry-Level Buyers

I know what you want me to tell you. That Canada’s new mortgage regulations have quelled the stormy seas of our real estate market. That you’ll finally have a chance to compete; maybe even take part in that long-time bidding war fantasy you’ve secretly been harbouring. That just maybe, you will realize your dream of owning a home. Unfortunately, I can’t tell you that. In fact, from what I’ve seen Canada’s new mortgage regulations have just created bigger competition amongst entry-level buyers. Here’s how: SUPPLY & DEMAND IS NOT AN […]

The Truth About BC’s New Home Loan Program

It was just days before Canadians rang in 2017 that the new BC Home Partnership Program was introduced. Designed to lend a hand to first-time homebuyers eager to enter the housing market, the jury is still out on just how firm a helping hand it will be. In fact, the truth about BC’s new home loan program when it initially came out was that there was a significant lack of information about its finer points. WHAT THE NEW LOAN PROGRAM IS In place on January 16th, 2017, the program is, […]

What You Need To Know About Global Warming and Waterfront Property

In light of Trump’s recent win, it only seems natural to start talking environment. While there are those who still don’t believe in global warming, hard scientific data shows the seas are rising. Not only that, this trend will continue full steam ahead into the foreseeable future. So, whether you currently own waterfront property or are simply dreaming about it, there are real concerns to be aware of. Here I’ve compiled (almost) everything you need to know about global warming and waterfront property. When we hear the term “flooding the […]

Atrina Kouroshnia February 17, 2017 Post Comment

What Is the Real Made-In Tag Of Your Home?

Find Out Where the Materials Used to Build Your Home Really Come From As global trade continues to sweep the globe, it’s becoming harder to track where goods actually come from. One item may arrive from Asia, only to be doctored here at home and resold. But our interest in supporting the local economy and environmentally-friendly materials has grown; as has our desire to prevent poor working conditions for those abroad. This has resulted in a new, more conscious homebuyer. One who wants to know what is the real made-in […]

Atrina Kouroshnia February 11, 2017 Post Comment

What Do the World’s 3 Most Expensive Cities Have in Common?

What do the world’s 3 most expensive cities have in common? This was my thought recently as I looked at pictures of Hong Kong, Sydney and Vancouver side-by-side. While there’s no denying their physical similarities, I wondered if that was where the common thread stopped? DEMOGRAPHICS OF THE WORLD’S MOST EXPENSIVE CITIES According toDemographia International’s Housing Affordability Survey, Vancouver clocks in as the world’s 3rd least affordable housing market. Largely regarded as the most comprehensive comparison of metro housing affordability worldwide, it covers 367 metro markets in 9 countries. They […]

Atrina Kouroshnia February 7, 2017 Post Comment

The Truth About Your Mortgage Preapproval

If you are reading this blog, the first thing I want to tell you is this. Pre-approvals are conditional. Too many of you are treating your pre-approval as if it were written in stone. It’s not. Changes in the market and to the rules can come slowly, or, as we’ve seen more recently, in a hailstorm of provincial red tape. And you, dear reader, are powerless to stop it. In fact, the only thing you have on your side is preparedness and, well, me if I’m your broker. Let’s look […]

Atrina Kouroshnia February 3, 2017 Post Comment

The Housing History of Vancouver

How Did We Get Into This Mess?! I may not be a fortuneteller, but if you’re reading this blog I’ll bet that I know what you’re thinking right now. How did we get here? How did a once sleepy little city morph into the second most expensive housing market on planet Earth? In an article posted on the Global news website in February, they posited that The Real Estate Board of Greater Vancouver may in fact be the best source of historical home price data around. With their monthly reports dating […]

Atrina Kouroshnia January 31, 2017 Post Comment
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