August 2014

ultimate mortgage checklist

Posted on Aug 28, 2014 in Mortgage misc



The lowest possible rate is how many define a good mortgage. But that’s like judging the “best car” by the one with the lowest monthly payment.

Anyone who’s had to cough up a mortgage penalty or deal with refinance limitations can vouch for one thing: Mortgage restrictions can easily outweigh small (e.g., 0.10 to 0.15 percentage point) differences i...

Read More

home buying guide for new immigrants to canada

Posted on Aug 27, 2014 in Canadian Newcomers, Non-Residents



Welcome to Canada!

Good news is buying a home in Canada is relatively easy compared to other countries. 

Here is a great 'visual' I came across today that puts in perspective how easy buying a home in Canada can be if you are a new immigrant.

The infographic tells you a bit about:
  •  Canada
  • the property market, 
  • types of housing, 
  • what to consider when buying...

Read More

multiple offers on West vancouver homes

Posted on Aug 19, 2014 in West Vancouver Homes



West Vancouver's house market has had less competing buyers vying for one home in contrast to North Vancouver.

Over the past eight months approximately 9% of West Vancouver's 514 home sales sold over their list price in comparison to 21% of North Vancouver's 853 home sales. In addition, 5% of West Vancouver homes sold at full list price and 7% in No...

Read More

Multiple offers on north vancouver homes

Posted on Aug 18, 2014 in North Vancouver Homes



Up to 21% of North Vancouver homes sold over their list price indicating they were likely in multiple offer situations and 7% received full list price!

Delving a bit further into the Real Estate Board of Greater Vancouver MLS stats from January 1 st to August 15th the following are approximate percentage of sales over the MLS list price:
  • 8% in the $6...

Read More

North Vancouver strata pulse

Posted on Aug 15, 2014 in North Vancouver Strata



Since the beginning of the year the North Shore's North Vancouver strata market pulse has been hanging mostly in the upper reaches of balanced market conditions:
  • 15% January SRA
  • 21% February SRA
  • 16% March SRA
  • 17% April SRA
  • 20% May SRA
  • 23% June SRA
  • 18% July SRA

West Vancouver strata market pulse has not been following North Vancouver's balanced market trend...

Read More

west vancouver strata pulse

Posted on Aug 14, 2014 in West Vancouver Strata


Since the beginning of the year the North Shore's West Vancouver strata market has been pretty much in buyers' market territory:
  • 11% Sales Ratio average (SRA) in January meaning that 1.1 in 10 strata homes selling
  • 13% February SRA
  • 10 % March SRA
  • 14% April SRA
  • 14% May SRA
  • 16% June SRA
  • 13% July SRA

North Vancouver strata market pulse is a bit different from...

Read More