Blog

Benefits of a Buyers Market

Posted on Mar 28, 2019

There are fantastic opportunities for buyers in the current market. Some advantages include:

- Negotiating one on one with sellers
- Possibilities to negotiate off already reduced list prices
- Ability to negotiate subjects that will keep you (the buyer) protected
- No bidding wars
- More inventory to choose from
- More time to make a decision
- Falling p...

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Market Update Spring 2019

Posted on Mar 28, 2019

HOUSING MARKET CONDITIONS CONTINUE TO FAVOUR HOME BUYERS

VANCOUVER, BC – March 4, 2019 – The Metro Vancouver* housing market saw increased
supply from home sellers and below average demand from home buyers in February.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the
region totalled 1,484 in February 2019, a...

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Why Aren't Prices Falling?

Posted on Feb 08, 2017

The Real Estate Market appears to be dealing with a lot of economic variables that should lead to dwindling demand and subsequent price corrections. Some of these variables include the new foreign ownership tax, new Property Transfer Tax structure, tougher lending requirements, increasing mortgage rates, and increasing CMHC fees. However, as I glan...

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New Mortgage Changes Slated for 2017

Posted on Jan 19, 2017


Below are some changes slated to hit the mortgage market in 2017. I received this from an awesome mortgage broker (contact details below if anyone is looking)... The mortgage environment has already seen a lot of movement in 2017, here is a quick debrief of the three big changes thus far. 
  1. Today CMHC announced they will be raising their premiums star...

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New Mortgage Rules October 2016

Posted on Oct 04, 2016

I just received this across my desk from a mortgage broker I have worked with in the past. It helped me to clarify some of the new changes ahead, so hopefully it does the same for you. If you are looking for a great mortgage broker Zaheed is the guy to talk to. He works hard to stay on top of changing rules in the industry, he can tailor a mortgage...

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The New Connaught Living in Edgemont Village

Posted on Sep 21, 2016

Edgemont's newest luxury condo building. The site includes a gallery with some artist concepts, floor plans, amenities and a section to register for news and updates. The development will be a incredible addition to an already incredible neighborhood. Here is the link to the official webpage: http://www.connaughtliving.com/index.html

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Steve Hamer-Jackson Personal Real Estate Corporation with Oakwyn Realty and a Master Medallion Club Member with the Real Estate Board of Greater Vancouver