Blog by Patricia Houlihan - Personal Real Estate Corporation

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It's a SCARY market out there.... Interest Rates up....and Prices???

November 1st, 2018

It's a SCARY market out there.... Interest Rates up....and Prices???


For several months now we have seen a combination of government initiatives implemented which have significantly reduced the number of sales we are seeing and significantly increased the time it is taking to sell homes. There have been a lot of listings but very few sales. In part this is due to overpricing for the curre ...

SEVENTEEN YEAR LOW-What does this mean to you?

May 2nd, 2018
Today the Real Estate Board of Greater Vancouver announced that sales volume in Metro Vancouver hit a 17 year low in April. While this is surprising, it is key to remember that while sales volume affects prices, they are very different things. Obviously prices are still very high, even in some areas where prices are down substantially from where they were. The "new reality" where many governm ...

Real Estate 2016: A nice summary of the past year

January 11th, 2017
I don't think I have ever sent out a video done by the President of the Real Estate Board but this one is quite good 
(both this president, Dan Morrison, and this video). It is an easy to digest review of 2016. If you would like to discuss 
anything covered in this video message or what we can expect in Vancouver real estate in 2017 and beyond, please contact

CLICK HERE or below to view ...

TRUMPMARE solution: Canada anyone?

January 10th, 2017
Since that bad night in November, I have actually had several Americans wanting to get out of their country due to the nightmare of Trump actually being elected. I agree that it is so sad that so many 
people thought it was okay to vote for someone like that and personally I am happy to have non-Trump Americans here.  
For those who are looking for something other than a vacation home in Ca ...

It's that time again: Property Assessments are here!

January 10th, 2017

As usual at this time of year, I have received a lot of calls asking about the recently released property assessments. Most of the time, the property owner is either pleasantly surprised at their new assessed value or upset that the value is too high and they may need to pay more tax. Many times there is confusion regarding how the whole process works.  Here is a very brief summary of the pro ...

Do you own investment properties?

January 5th, 2017
For those of you who may want to realize gains on your investment properties, this article has some interesting points.  If you would like to discuss the value of your properties or any of the issues raised here, please contact me.

Liberal pledges on innovation and tax credits pose conflict

Bill Curry

OTTAWA — The Globe and Mail

Published Monday, Dec. 26, 2016 5:00AM EST


Liberal p ...

BC government to offer down payment loans for first-time buyers

December 16th, 2016

Here is yesterday's announcement summary-free money from the Province-a rare benefit for home buyers.  It is a reasonably good time for buyers trying to get in the market (it's all relative!) and this should help some.


December 15, 2016


BC government to offer down payment loans for first-time buyers

Premier Christy Clark unveiled a new loan program today to help first-t ...

Cates Landing North Vancouver Resales

November 4th, 2016
I am a HUGE fan of Cates Landing. I don't think you can beat the location, and the waterfront concos were very well priced. I know several realtors who bought there; I also wanted to buy suites on several occasions but each time I thought about it I came up with a buyer of mine who might want to make that purchase-and they did, leaving me with nothing to buy! Hopefully I can buy a suite when t ...

Provincial Budget and Real Estate-sorry families no help for you!

February 17th, 2016
Well the budget changes have been announced and there are three key real estate related changes:
There will be no Property Transfer Tax ("PPT) on NEW homes up to $750,000.  This will help some first time buyers who are trying to get into the market but there is really nothing in the budget to help families living in and around Vancouver: the people who currently have a harder time purchasi ...

You got multiple offers-but did you get the highest possible price?

January 29th, 2016

Recently I was asked why in multiple offers, some homes seem to be going a lot higher than other similar houses. The person asking was referring to a very crazy price we recently negotiated on an older home, in need of renovations, on a busy street, with only 2 bedrooms up. The assumption was that if one receives multiple offers, they will automatically get the best possible price. In my expe ...

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