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Government reduces tax burden on first-time buyers

First-time home buyers received welcome news in today’s provincial budget. Any REALTORS® currently working with first-time buyers will want to share this news with them as soon as possible.

The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) First-Time Home Buyers’ Exemption program, qualifying first-time buyers can buy a home worth up to $475,000. The previous threshold was $425,000....

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Canadian house prices hit all time high in January with major price jumps in Toronto and Vancouver
By: Monika Warzecha FEBRUARY 12, 2014
 

loonies

Photo: Sharon Drummond/Flickr

The Teranet–National Bank house price index rose 0.4 per cent in January over December, bringing the composite index to an all-time high. Within the last five months, January’s gain was both the largest month-to-month boost and the first time in that period that a majority of the 11 markets...

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I just finished uploading this Condo for sale, 1702 1128 QUEBEC Street, Vancouver East, British Columbia

Amazing location. Across the street from exposite seawall. Steps to skytrain, & walking distance to Yaletown, Costco. This Bosa concrete tower were always much in demand because of its quality & excellent workmanship. This very bright NE corner suite has gorgeous views of mtns & water & city. Very, very spacious. Den is practically & used as 2nd bdrm, because of the size 9'6x8....

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Just as excess light can harm our eyes and odors can be noxious, there are plenty of noises in the average home that can create discomfort for occupants. Inspectors may offer their clients suggestions about how to reduce unwanted noise.
 
Why is excess noise an issue for building occupants?  It can lead to:
  • increased levels of stress;
  • lack of sleep;
  • compromised privacy;
  • hearing loss; and
  • distraction and reduced worker efficiency in work environments.

Where does nuisance...

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Homes sales were up big in the Greater Vancouver region last month compared to January 2013.

According to the latest data from the Real Estate Board of Greater Vancouver (REBGV), 1,760 homes sold on the Multiple Listing Service last month, a 30.3 per cent increase from January 2013, and 7.2 per cent above the 10-year average for the month.

“The Greater Vancouver housing market has been in a balanced market for nearly a year. This has meant steady home sale and listing activity accompanied...

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Stops at 57th and 33rd avenues are being planned at city hall as part of the Cambie Street corridor's development as the transit afterial.

This will favour the Vancouver's new development 'Empire' at Queen Elizabeth Park.
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About Your Realtor

When Pamela is not hanging out at Open Houses, she has been found literally hanging at Vancouver's Cliffhanger Climbing Gym in Mount Pleasant. I am always looking for new climbing partners.  If interested, please call me at 604.739.1129. 

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Categories:   BC HOME LOAN Program