What you need to know before, and after, buying a condo – Ask a Vancouver Mortgage Broker

What you need to know before, and after, buying a condo ROB CARRICK–  The Globe and Mail Your life as a homeowner will likely include some time in a condo. Condos suit young adults, and retirees who want to downsize. As houses rise in price, more people in between those extremes may opt for condos. […]

With Vancouver prices up, a call for curbs – Ask a Vancouver Mortgage Broker

Along with a jump in house sales, house prices in Vancouver have risen sharply and will likely continue to climb in the new year, pushing some frustrated house hunters to call for curbs on the foreign buyers they blame for stoking the rapid ramping up of housing values. B.C.’s real estate market powered through third-quarter […]

Women the new ‘wildcard’ in the condo market – Ask a Vancouver Mortgage Broker

Megan Vickell is a new brand of condominium owner that people predicting a market crash may have forgotten to factor in. She’s young, single and ready to buy her first home. And, more importantly, she’s female — part of a growing demographic that just might be creating a new paradigm in the housing sector. A […]

Re/Max forecasts ‘exceptionally healthy’ real estate market in 2014

MISSISSAUGA, Ont. — Canada can expect an “exceptionally healthy” housing market in 2014 thanks to improvements in the overall economy that helped produce a surge in the latter half of this year, a leading real estate group said Wednesday. Can’t afford Canadian property? Downsize your home, upsize your storage locker With the condo market in […]

Vancouver only Canadian destination to land on Lonely Planet’s rundown of top travel cities

Lucky number seven. That’s where Vancouver finds it’s on Lonely Planet’s ranking of the top 10 cities for travel in 2014. (Tweet this fact) Lotus Land is sandwiched between number six Shanghai and number eight Chicago, the only other North American city included on the list. Sorry, top “brand” cities New York and Toronto. The world’s best […]

CMHC offering tailored outlooks for various Canadian markets – Mortgage Broker, Vancouver

Canada Mortgage and Housing Corporation (CMHC) is offering a number of housing outlook conferences in various Canadian cities; each offering a useful and practical information session that will help brokers understand trends unique to each market. “CMHC’s Housing Outlook Conferences offer access to timely, reliable and unbiased information,” Sam Carnovale, CMHC Key Account Manager, Brokers […]

Where to buy now- We tell you exactly which neighbourhoods are set to skyrocket in value.

“Double, double, toil and trouble.” Written over 400 years ago by the Bard, this phrase from Shakespeare’s infamously dark play, Macbeth, could just as easily describe Canada’s real estate market in recent years. On one side, there are international economists—and their much publicized reports—declaring the market to be overvalued and due for a sudden, corrective […]

Canada’s Top 100 investor neighbourhoods revealed – Ask a Vancouver Mortgage Broker

By Grainne Burns For brokers looking to encourage their property-investor clients into the marketplace, this may be the tool you need. Rocky Mountain House. Brossard South. Doon. These place-names may mean little to investors now, but they have just been listed in the coveted Top 100 Neighbourhoods to invest. They — and the rest of […]

Flaherty threatens action – Consult with a Vancouver Mortgage Broker

Finance Minister Jim Flaherty says he will step in to intervene once more if the housing market appears to move toward a bubble. “I’m comfortable with where we are, but we have to watch and, if we see anything moving toward a bubble, we can intervene,” Flaherty said in an interview with BNN Television this week. “It’s […]

Luxury home sales expected to climb: study – Ask a Vancouver Mortgage Broker

Sales of luxury homes will likely gain momentum in the fall, fuelled by demand from international investors, according a new report from real estate sales and marketing company Sotheby’s International Realty Canada. The company said Tuesday that sales of high-end homes worth at least $1 million were up in major Canadian urban markets in the […]

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