Blog by Patricia Houlihan - Personal Real Estate Corporation

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Market Update: September 2019

September 16th, 2019

Market Update: September 2019

The last couple of years have not been great for sellers of real estate....nor for anyone who works in and around real estate! Government interventions have had a significant impact. In Vancouver we have seen all levels of government take action to slow the market; in the rest of the Province interventions have come from the federal and provincial governme ...

The New Reality: What is your home worth now?

April 23rd, 2019
The New Reality:  What is your home worth now?

The market has picked up quite a bit this Spring when compared to last year and earlier this year.
Recently, we have seen a lot of properties, even in higher price points, going to multiple offers.  We have also
seen properties going to multiple offers after they have sat on the market for a while with no activity.  This occurs when 
seller ...

April Real Estate News: The Math on Buying vs. Renting

April 16th, 2019

MAKE YOUR MONEY WORK FOR YOU

April 15th, 2019

Renting your home? We do Property Management!

April 11th, 2019

Renting your home? We do Property Management!

 

  • In your neighbourhood: visit our offices in Deep Cove or Downtown Vancouver
  • We know the market, know the community and know how to protect your valuable asset
  • Meticulous tenant screening and monitoring
  • Licensed Property Manager, Realtor and Lawyer (helpful if tenant issues arise)
  • Long Term or Short Term, leave the headaches to us.

 

...

To (just) LIST or to SELL...that is the question!

March 27th, 2019

To (just) LIST or to SELL...that is the question!

The market has slowed substantially over the past several months. Homes are being listed but many are not selling. Those that are still selling need to be priced right to get attention from buyers. If a home is attractively priced, and marketed well, there are still buyers out there willing to buy. We are still getting a lot of activity on ou ...

What's the deal with the School Tax?

January 18th, 2019

What's the deal with the School Tax?

 A lot of people are asking me about the school tax-particularly as it applies to luxury homes...I won't get into the issue of whether we can really call a $3 million-dollar home in Vancouver "luxury" but here is the information from the Province's website. If you would like me to explain any issues or answer questions about it, please let me know.

 Scho ...

More on Property Assessments: How to Calculate Tax Payable

January 18th, 2019

More on Property Assessments: How to Calculate Tax Payable

Here is an article from the BC Assessment Authority which answers a question a lot of my clients have been asking about the tax payable on their homes this year. 

The Property Tax Equation

BC Assessment determines the assessed value of your property based on a valuation date of July 1st of each year. Your assessment notice is maile ...

OPPORTUNITY KNOCKS!!!

January 15th, 2019
OPPORTUNITY KNOCKS!!!
This market is not great for many of us but, unfortunately, it is likely to be with us for quite a long time. On the positive side, there are opportunities to be had-this is a great market for many, including:
-first time buyers
-those wanting to upgrade to a better home (the "gap" works in your favour now)
-investors looking to get into real estate investments o ...

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 ...

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