MAJORITY IN B.C. SAY “BUY NOW”, ACCORDING TOxml:namespace prefix =" o" ns =" "urn:schemas-microsoft-com:office:office"" / RBC HOMEOWNERSHIP SURVEY   xml:namespace prefix =" st1" ns =" "urn:schemas-microsoft-com:office:smarttags"" /VANCOUVER, March 6, 2007 — Homebuying intentions in British Columbia are holding steady, according to RBC Royal Bank's 14th Annual Homeownership Survey. Th ...

I received a couple questions regarding BC Assessment.  I thought I'd share the resource where I found the answers.  The Minister Responsible for BC Assessments answers the following 3 questions in a short video.  1. What to do if you have not received your notice by Jan 17th;2. Who to contact if you have concerns about your notice;3. Jan 31st is the deadline for appealing your assessment. h ...

  A variable rate mortgage allows the borrower to take advantage of low rates – the interest rate is    calculated on an ongoing basis at prime minus a set percentage.  (Prime is the base rate that banks use in pricing loans to their best and most creditworthy customers.)  A variable rate mortgage can pose challenges for some, such as financially stretched first-time buyers who may not be ...

Home Staging is a popular trend brought up to Vancouver from L.A.  It is rumoured that L.A Home Stagers even go as far as hiring actors to act like they are living in the home during the open house.  That may sound drastic but according to the presenter at a Staging Course I recently attended, a staged home will sell for 3 to 6% more than an unstaged home.  That converts to $30,000 on a $500, ...

Is the Market Slowing Down? Interest rates have slightly increased.  People are speculating that it may be causing the market to slow down, but I disagree.  The market is still strong but only approximately 69% of properties that are listed are actually sold.  That means nearly 30% of listings expire.  My opinion is that the market feels slow because some Sellers are overpricing their proper ...