Airbnb has grown tremendously in the last several years as many travellers go-to accommodation site. Here in Vancouver, the City has a fairly strict policy as to who can Airbnb their property. Prior to 2018, rental stays for less than 30 days were not permitted in Vancouver, except for licensed hotels or bed-and-breakfasts in certain…

We hear all the time if the Vancouver Real Estate market is in a bubble or if the bubble is going to burst.  In order to answer this question we likely need to determine what is a real estate bubble?  We also need to determine what constitutes a bubble bursting? First off what is a…

When you are ready to buy your first home you have a few critical decisions to make.  First you need to decide how much you are willing to spend.  You should get a pre-approval from a mortgage broker, and from there decide if you want to max that out or spend a bit less so…

Chapter 1: Know What’s Selling Springtime; typically one of the busiest seasons for Real Estate. I’m incredibly curious to see what the April statistics have in store for us. We see so many posts, on so many mediums, casting a very dark light on the market. Everyone seems to be getting inundated with information without…

I recently went to the realtor prescreening of the Vista project by Dolomiti Homes in Burquitlam. We have been selling quite a few homes to our clients in the suburban areas surrounding Vancouver, as people are tired of paying a premium for square footage in the city when commuting via skytrain is quick, easy and…

With the high inventory of homes on the market today, homebuyers can afford to be picky. As consumers, we are always looking for the best option, so a home can easily be overlooked if it’s not in pristine condition. Use these 10 tips to whip your home into shape and wow potential buyers. Know your…

Interest rates; certainly a big topic of conversation as we saw policy changes throughout the country in 2018. Ever since the benchmark interest rate was increased by the Bank Of Canada, economists, policy-makers, bankers, and realtors have been warning Canadians to expect more increases as we progressed through the year. It was forecasted that there…

2018 Real Estate Review Firstly, Happy New Year! 2018 was certainly a year of change for the Vancouver Real Estate market. Changes with financial terms and lending restrictions to new taxes implemented, and a shift in pricing and volume, I feel as though it has left the public perplexed. In order to help make sense of…

Every time I see a house sell for under value I wonder what happened. Were the owners desperate? Was it priced incorrectly? Was something wrong with the building? I see all of the new listings and keep track of what homes are selling for. When I see homes sell for under asking, it’s generally due…

Should I paint? Should I hire a stager? Should I do renovations? How do I price my home? These are all questions that I receive on a regular basis, and there is not a one size fits all but here are 5 tips to use as a general rule of thumb: 1) Declutter – Thin…

Rent increases have been capped in the province of BC since 2004. The usual method to determine the cap for the upcoming calendar year was to take the current average rate of inflation and add 2%.  In 2019, that would have allowed a 4.5% increase.   The NDP government has removed the additional 2%, so…

Vancouver councillors have officially finished two days of public hearings by voting to allow duplexes in most city neighbourhoods that are currently restricted to single-family homes. The decision is another step toward adding homes in the city for young families pushed out of the Vancouver market by soaring property prices. A press release from the…

PREP YOUR CONDO! It’s never easy to say goodbye to summer. As the days get shorter and the leaves start to change colour and turn to red and gold, it’s a reminder that winter is just around the corner. But fall can be one of the nicest times of year, and it’s a good time…