604homesblog

I was pretty busy last week and didn't get the posts out about the big news that the 40 year mortgages and 0% down option will be eliminated on October 15th, 2008. I don't have too much to add to the discou rse on this. I have not worked with many buyers using either of these options. I am sure it will keep some  buyers out of the ...

The following is a letter to the editor by Real Estate Board of Greater Vancouver president Dave Watt that was published in the Vancouver Sun today:Letter to the Editor:   We’re deeply concerned that The Vancouver Sun’s view, expressed in the June 25 editorial ‘Rising real estate fraud makes title insurance essential’, ...

No time to write much about it (I'll update this later), but realtor.ca is now live. Go check it out!   Matthew Collinge: Vancouver REALTOR®

Mountain Equipment Co-op is hosting Paddlefest this Sunday at Ambleside Park in West Vancouver. As a lifelong kayaker this event caught my eye. Assuming the weather is nice, and what  big assumptoin that is these days, this sounds like a great day at the beach for all ages from singles to families with kids. MEC says: This is a ...

Homeowners can save significant money by conserving water in their bathrooms with these easy, energy-saving tips: Take shorter showers. By cutting shower time from ten minutes to five, based on one shower a day, BC Hydro predicts an average saving of 34,675 litres of water annually. The hot water from showers can account for as much as 25 per ...

No time for any commentary on this today, but I thought you'd be interested. Everything below is from RBC Economics' monthly Economics Digest. You can comment below. ------ Housing market froth finally evaporating After yet another blockbuster year for Canada’s housing markets in 2007, the much-anticipated ...

This was the headline of the British Columbia Real Estate Associations (BCREA) news release today. BCREA Chief Economist says “Rising fuel and food prices are impacting the housing market, as many potential homebuyers take a wait and see approach out of concern for their household budgets.” B.C. wide unit sales were down 31% (30.5% in ...

Well, starting June 23rd, this form and ALL the info it asks for will be required by law in Canada for all real estate transactions. This is part of the Proceeds of Crime Money (Money Laundering) and Terrorist Financing Act which I am guessing was passed in reaction to 9-11. It sure asks for some detailed information. We will be asking for your ...

Many had been expecting another rate from the Bank of Canada today, but low and behold they have decided to stick with the status quo. Here is the announcment from the BoC.Bank of Canada – Prime Rate Unchanged - 4.75% Since the April Monetary Policy Report (MPR), economic developments have been broadly in line with expectations. However, the ...

Fairview, Vancouver  -  Announcing a price reduction on 305-2483 Spruce Street, a 822 sq. ft., 2 bath, 2 bdrm apartment "with 340 sq ft balcony". Now MLS® $575,000 CAD - Price Reduced!. Property information