News July 24, 2024 · 3 min read 7 Great Marketing Tips For Finding New Tenants When it comes to new tenants, it important to attract reliable tenants who will take care of your property and pay on time. Here are some useful marketing strategies that will help you find new high-quality tenants: Social media marketing Using platforms like Instagram, X and Facebook can help you as a property manager curate […]
Founder's Message July 21, 2024 · 4 min read July 2024 Founder’s Message Summer is here once again on our beautiful West Coast. From exciting outdoor adventures to sunny patios and sizzling backyard barbeques, this month marks a time of relaxation and rejuvenation. The real estate market is active. Inventory is the highest it has been since the spring of 2019. Last month, there was a 7% increase […]
Market Update July 15, 2024 · 3 min read GVR Market Update For June 2024 – A Significant Downturn Appears To Be Building The June 2024 market report released by the Greater Vancouver Realtors (GVR) reported that the market is shifting in buyers’ favor as June sales were slow, and we just saw the second consecutive month of sales lowering month over month. It seems that the rate cut that many thought would bring buyers, has actually brought […]
Market Update July 15, 2024 · 2 min read Is Buying A Home A Good Investment? For those wanting a steady return on their money, houses can be a sure bet. When the baby boomers started madly buying houses in the 1980s, suddenly real estate seemed like the path to instant wealth. The real estate markets fluctuate constantly. There have been times when house prices have gone down. However if you […]
Home Care July 1, 2024 · 3 min read No Air-conditioning at Home? Don’t Worry We Have You Cooled Using These 7 Hacks It’s summer and for a change instead of finding ways to keep our homes warm, we are looking for ways to keep them cool. While installing air conditioning is a good option, it may not be necessary, especially as we don’t have the searing hot heat and humidity our friends in the East and down […]
Home Buying June 24, 2024 · 3 min read How Does The Bank Of Canada Rate Cut Affect The Housing Market? It finally happened. The first interest rate cut of 25 basis points from the Bank of Canada took place on June 5th. Somewhat welcome news to those homeowners with variable rate mortgages, but not enough for prospective homebuyers who have been sidelined by higher borrowing costs. Theoretically, interest rate cuts over the long run usually […]
Market Update June 24, 2024 · 3 min read REBGV Market Update For May 2024 – Home Sales Down At Least 20% And Inventory Continues To Climb REBGV Market Update For May 2024 – Home Sales Down At Least 20% And Inventory Continues To Climb While home sales were lower than what is typical at this time of the year, inventory continues to accumulate. This was made apparent in the May 2024 report released by the Greater Vancouver Realtors (GVR), formerly known […]
News June 19, 2024 · 3 min read The Most Popular Events Happening In Vancouver In June In June, Vancouver has a mild summer temperature which makes it an amazing outdoor event city without worrying about extreme heat temperatures. There are plenty of community events and outdoor activities, and the biggest challenge will be deciding on which event to go to! Below are a few of the most popular events in June: […]
Market Update April 25, 2024 · 3 min read GVR Market Update For April 2024 – Highest Inventory Levels Since 2020 The April 2024 market report released by the Greater Vancouver Realtors (GVR) reflected the underlying trend of the current real estate market where listed homes have breached the 12,000 mark, which is the most inventory seen over the past 2 years. The overall market balance, however, continues inching deeper into a seller’s market territory. This […]
Market Update April 16, 2024 · 3 min read GVR Market Report For March 2024 – Home Sales Down As Prices Rise This month, the Greater Vancouver Realtors (GVR) released its housing report for March 2024. Notable was the fact that homes sales were lower than from the previous year and that increased seller activity was giving buyers more choice to choose from.In his monthly comment, Andrew Lis, GVR director of economics and data analytics said,” If […]
News April 16, 2024 · 3 min read Strata Council – The Five Main Delegated Roles And Their Responsibilities A Strata council acts as the managing body of the strata corporation ensuring that it runs smoothly for the benefit of the owners. Its role is laid out in the Strata Property Act from which the legal roles and responsibilities of the strata are obtained.Strata Councils are comprised of 5 main positions: President, Vice President, […]
News January 23, 2024 · 3 min read Make Sure You Are Not A Victim Of “Virtual Staging” “Virtual Staging” Can Be Misleading. Make Sure You Are Aware Of This We are living in a sophisticated digital era where real estate photo enhancement is being done on a massive scale. There is also sophisticated virtual staging software available, where one can completely transform the makeup of a listing in a very short period […]
News October 26, 2023 · 2 min read How To Minimize Water Use During This Drought Season BC is currently facing severe drought levels and most of BC’s water basins are at an unprecedented Drought Level 4 or 5 (5 is the highest level). With the drought reaching historic levels, Stage 2 water conservation protocols are now in place, and all levels of government are asking citizens and businesses to do their […]
News October 26, 2023 · 3 min read Common Property Rental Mistakes That Can Be Avoided Management of a rental property can include long hours, emergency work, unusual situations, and a myriad of other factors as it involves dealing with people, which is not always straightforward. As with many property management issues, mistakes can occur, and they can end up being very costly to the owner of the property. The following […]
Market Update October 17, 2023 · 3 min read REBGV market Update For September 2023 – Despite More Housing Inventory, Prices Still Rising The September 2023 stats released by the Real Estate Board of Greater Vancouver (REBGV) confirmed that more homeowners were listing properties for the month, and the month-over-month price gains seen earlier this year abated. "A key dynamic we’ve been watching this year has been the reluctance of some homeowners to list their homes given […]
News September 21, 2023 · 3 min read Smart Ways Of Diversifying Your Real Estate Portfolio In most cases, real estate investments have always been beneficial to those who have ventured into them. A real estate portfolio is generally considered as a conservative investment strategy, and property usually appreciates in value over time. If done properly, diversifying your portfolio can benefit you in many ways and increase the profitability of your […]
News September 21, 2023 · 3 min read The Impact Of AI On The Real Estate Market Many years ago, the internet had a huge impact on the real estate market, changing the way real estate was viewed and transacted. With the advent of AI (artificial intelligence) now permeating all aspects of our society, expect the home buying and selling process to see huge changes and perhaps, challenges. Because a real estate […]
News August 9, 2023 · 2 min read Will The Frustrations Facing The Current Rental Market Get Worse Before They Get Better? Current rental housing situation in Vancouver highlights the challenges and factors contributing to the high demand and low vacancy rates. The dynamics of the rental market in the region are indeed influenced by various economic, demographic, and policy factors. Here's a summary of the key points you've made: High Demand and Low Supply: The rental […]
News June 20, 2023 · 3 min read REBGV Market Update For May 2023 – The Real Estate Market Is Heating Up The May 2023 market report released by the Real Estate Board of Greater Vancouver (REBGV) indicates a significant increase in housing prices for the sixth consecutive month, reflecting a strong demand for housing in Metro Vancouver. This growth comes as a drastic shift from the market conditions in December 2022 when the Bank of Canada […]
News May 17, 2023 · 2 min read REBGV Market Update For April 2023 – Housing Market Is Mounting A Surprising Comeback Based on the April 2023 market report released by the Real Estate Board of Greater Vancouver (REBGV), the real estate market in the region is showing signs of resilience despite record mortgage rate hikes. Here are some key points from the report: Prices and sales rebound: Home prices have been rising, and sales have rebounded, […]
News May 17, 2023 · 2 min read The Stockholm Design Week – A Must Visit For Scandinavian Design It's exciting to hear that Stockholm Design Week is back and showcasing the best of Scandinavian design! With its focus on minimalism, functionality, and innovation, it's no wonder it has become the world's largest platform for Scandinavian design. The event will undoubtedly provide a fantastic opportunity for purchasers, architects, and designers to explore the latest […]
News April 18, 2023 · 2 min read Some Common Mistakes That Landlords Make With Investment Properties This section discusses common mistakes made by rental property investors and provides advice on how to avoid them. The mistakes highlighted include: Buying a property in the wrong location: It is important to research and choose an area with high rental demand and growth potential to ensure a steady flow of tenants and potential appreciation […]
News April 18, 2023 · 2 min read Do You Have An Emergency Kit In Your Home? It's important to be prepared for natural disasters or hazards, especially if you live in an earthquake-prone region like the Pacific Coast of Canada. According to a recent poll in the North Shore, 60% of residents do not have an emergency kit or plan. Here are some recommendations for building an emergency kit and creating […]
News April 18, 2023 · 2 min read REBGV Market Report For March 2023 – Sales Down From Last Year But Upward Price Trend Will Continue According to the March 2023 housing report released by the Real Estate Board of Greater Vancouver (REBGV), the housing market in Metro Vancouver showed some interesting trends. While there was a small increase in prices compared to February, with the spring market outpacing the forecasted modest price increases of one to two percent for all […]
News February 21, 2023 · 3 min read Project Arrow (APMA) Project Arrow is an ambitious initiative by the Automotive Parts Manufacturers' Association (APMA) of Canada to design and build a fully electric concept vehicle that showcases the best of Canadian innovation and automotive manufacturing. The project aims to bring together a network of Canadian automotive parts suppliers, universities, and research institutions to create a truly […]
Market Update February 1, 2023 · 3 min read REBGV Market Update For December 2022 – Home Prices & Sales Continue Their Fall The December 2022 market report released by the Real Estate Board of Greater Vancouver (REBGV) made it very clear that a lot less people have been motivated to either list or purchase a property. The sluggish pace can be attributed to the rapid succession of interest rate hikes. The current rate of 4.25% is the […]
Home Care February 1, 2023 · 2 min read Tenant Insurance: The Biggest Mistake You Can Make is Not Having It It is common for renters to skip insurance. In fact, a 2006 Insurance Research Council poll found that while 96 percent of homeowners have homeowners insurance, less than half of renters have a renter’s insurance policy. A common perception that tenants have about insurance is that the landlord’s insurance policy will cover their belongings in […]
Home Buying February 1, 2023 · 2 min read Market Update – New Federal Laws for the Purchase of Residential Property On January 1st, 2023, the Canadian government implemented a new legislation aimed at increasing affordability and making own ownership more attainable for residents. The act, known as the Prohibition on the Purchase of Residential Property by Non-Canadians, prohibits non-Canadians and corporations controlled by non-Canadians from buying residential properties in the country for a period of 2 […]
Founder's Message February 1, 2023 · 4 min read December 2022 Founder’s Message – A Year In Review The new year will soon be upon us. I would like to take a moment to send a note of gratitude and also reflect upon the past year. We are grateful for your friendship and business and have enjoyed helping you achieve your real estate goals. It has been a year of historic highs and […]
News January 31, 2023 · 3 min read 6 Benefits of Renting A Home Through A Real Estate Agent Real estate agents are normally associated with buying and selling homes, however there are many agents who gladly represent a renter looking for a place to lease, using the agent’s network and expertise. Here are 6 reasons you may benefit from using a real estate agent to help find your next rental: Access to many […]
News January 31, 2023 · 3 min read REBGV Market Update For November 2022 – Cooling Trend Persists And Sales Continue To Drop The November 2022 market report released by the Real Estate Board of Greater Vancouver (REBGV) revealed that the typical slow conditions apparent in November, lagged even more. Last month’s sales were a staggering 36.9% below the 10 year November sales average. Andrew Lis, the REGBV Director, economics and data analytics said “With the most recent […]
