• phone: 604-376-7653
  • fax: 604-266-3514

Blog by Patricia Houlihan

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PROPERTY ASSESSMENT APPEALS - FILE IT NOW!!!

January 30th, 2012
If you were thinking of appealing your Vancouver property assessment, tomorrow is the last day to do so so act fast!

If you have any questions about the true value of your home, please feel free to call or email me.


Patricia Houlihan
(604)376-7653
phoulihan@vancouverviews.ca

Dual Agency Takes A Hit

January 24th, 2012

Yeah!!! Dual Agency takes a hit!  Buyers recognize need for proper representation.

While this has nothing to do with Vancouver real estate, I think it is of interest to most people involved in real estate transactions.

People who know me know that I am a firm believer in buyers and sellers having their own agents except in very exceptional circumstances.  I think that given that the buyer wa ...

SUPER MORTGAGES

January 20th, 2012
SUPER  MORTGAGES - Some help to combat Vancouver Real Estate Prices
 
There have recently been 2 mortgage announcements that could help buyers of Vancouver real estate.

Apparently Bank of Montreal has a limited time deal for 5 year mortgages at 2.99%.  This is a great rate - HOWEVER given all of the restrictions, it might be better to buy your home with the slightly higher rate offered by ot ...

Macrealty December 2011 Market Update

January 4th, 2012


Here in BC, 2011 was another strong, stable year for the housing market as solid domestic demand and positive demographic shifts continued to buoy both prices and sales. The biggest gains were seen in the 5 municipalities of Vancouver, West Vancouver, Richmond, Burnaby, and White Rock. These 5 key markets averaged detached home price gains of roughly 20% in 2011. The remainder of municipalit ...

Historically normal activity keeps the Greater Vancouver housing market in a balanced state

December 19th, 2011

The Greater Vancouver housing market saw relatively typical home sale and listing activity in November.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,360 in November. This represents a 5.9 per cent decline compared to the 2,509 sales in Novemb ...

Macrealty November 2011 Market Update

December 5th, 2011

With the recent defeat of the HST (to be implemented in March 2013), I have received some questions about how this will affect the real estate market. The short answer is: there will be a minimal effect, and some people will win, while others will lose.

While we can prognosticate about how these changes will affect the market, the government has yet to come up with a set of transition rules ...

They all SAY its the wettest.....

November 29th, 2011

For years I have heard people say Deep Cove is the wettest place to be-I don't agree (I think most of the North Shore is equally wet-without necessarily being equally beautiful) but I always respond explaining that it rains the same number of days just a little harder and it is much greener and bluer as it is surrounded by ocean and mountains.  In this CBC clip, they admit there is no real ev ...

Greater Vancouver at lower end of balanced housing market

November 14th, 2011

With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing ...

Where the buys are...

November 7th, 2011
Where the buys are:
 
People keep asking me if there are any good deals in the current market.  My response is that while prices are high in many areas, the interest rates are amazingly low and the market is much more favourable to buyers than it has been for years.  There are still multiple offers on properties that are well priced but in most cases buyers now have some "breathing room" in m ...

Macrealty October 2011 Market Update

November 4th, 2011

2011 has been the tale of two real estate markets, as mainland Chinese buyers influence some areas and asset classes while ignoring others altogether. The biggest beneficiaries of the influx of Chinese immigrants have been Vancouver and Richmond, and to a lesser extent, Burnaby, White Rock, and West Vancouver. Many areas of these cities have seen their single family home prices increase 20+% ...

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