Blog by Patricia Houlihan - Personal Real Estate Corporation

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Vancouver Real Estate and the rental market

April 27th, 2007

Today in the Business section of the Sun there was an article which sounds a bit scary for renters….

I have a client who has been looking to buy rental apartments and it is clear that investors will pay big bucks for this type of property. However, apparently they won’t pay to build it. Although Vancouver rents are very high, after land costs and building costs are factored in ...

Victoria Drive Open House!

April 26th, 2007

We are happy to say that this Saturday, April 28, 2007, 2:00 PM to 3:30 PM we will be hosting an Open House at 5555 Victoria in Victoria, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Victoria.

Please come with any questions you may have.

As always please do not hesitate to give me a call at 604-376-7653 if I can answer any questions befo ...

Victoria Drive Open House!

April 25th, 2007

We are happy to say that this Sunday, April 29, 2007, 1:00 PM to 2:30 PM we will be hosting an Open House at 5555 Victoria in Victoria, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Victoria.

Please come with any questions you may have.

As always please do not hesitate to give me a call at 604-376-7653 if I can answer any questions bef ...

Subprime Mortgages and Vancouver Real Estate

April 21st, 2007

People keep asking me about this issue so I thought I should write a blog on it.  The first thing I want to make clear is what a subprime mortgage is not: it is not a mortgage below prime rate!  What it is, is a mortgage provided by a non-mainstream lender usually to a buyer who cannot qualify for a mainstream mortgage.  Because they are offering you a service that you can't get in the usua ...

Vancouver homes and taxes!

April 20th, 2007

Well today is the big vote at the City of Vancouver-to decide whether home owners will face an 8% increase in their property taxes.  For years commercial properties have been more heavily taxed and the proposal this year is not to increase commercial tax rates at all but to just increase residential.  Given how much more commercial entities (bear in mind this includes small, and sometimes o ...

Kitsilano Open House!

April 20th, 2007

We are happy that this Saturday and Sunday, April 21/22, 2007, 3:00 PM to 4:30 PM we will be hosting an Open House at 1990 W 6th Avenue , in Mapleview Place in Kitsilano, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Kitsilano.

Please come with any questions you may have.

As always please do not hesitate to give me a call at 604-376-76 ...

Victoria Open House!

April 20th, 2007

We are happy to say that this Saturday and Sunday, April 21/22, 2007, 1:00 PM to 2:30 PM we will be hosting an Open House at 5555 Victoria in Victoria, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Victoria.

Please come with any questions you may have.

As always please do not hesitate to give me a call at 604-376-7653 if I can answer a ...

Taking money from out of the garbage and putting it into your wallet....

April 19th, 2007

One of my tenants just moved out. She was a great tenant-but I always try to get my tenants to buy not rent....Why do I do this?

I think everyone should buy a place-it doesn't make sense to rent if you can afford to buy.  Given the rents in Vancouver, and given that now my clients can get mortgages with nothing down (or very little depending upon their individual situation) it general ...

Vancouver real estate and green building supplies

April 18th, 2007

Well once again the issue of environment intersects with real estate! It is great how much easier it is to now go green in building and renovating a home.  Consumer demand is finally making it viable to sell green products-although there is still a lot of room for improvement in public awareness and public embracing of the concept. While wide plank reclaimed flooring is all rage, few people ...

PH13 5555 Victoria, Vancouver, BC

April 18th, 2007

I just listed this Apartment for sale, PH13 5555 Victoria, Vancouver, BC

Fabulous Penthouse suite with view in great location! One bedroom and den with lovely finishings, fireplace and in-suite storage. Pets friendly. Close to shops and restaurants but quiet suite with nice outdoor space....all at a great price! Open house Sat/Sun 21/22 from 1-2:30

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