What is radon? Radon is a naturally occurring radioactive gas that escapes from the ground and can accumulate in buildings. It is a colourless, odorless gas created by the breakdown of Radium. It cannot be seen or smelt so the only way to know it's there is to carry out a special test. How dangerous…
Read More
The pandemic has all but frozen our economy. Record numbers are out of work and on unemployment. This article will look at how homeowners can get help and what is happening with the real estate market in the shadow of the coronavirus. Help for Financially-Distressed Homeowners On March 27, 2020, the Coronavirus Aid, Relief, and…
Read More
Do you have a vacant property with no plans to find rental tenants? Or are you applying for a building permit and waiting to start and reno or demo? If you are a homeowner, investor or developer looking for a hassle-free rental opportunity on your property, then look no further. Property Sage is the empty…
Read More
What is Sales to Active Listings Ratio? The Sales to Active Listings Ratio (SAR) is the percentage of listings sold versus the number of active listings in a day. In a seller's market, the sales-to-active listings ratio is greater than 20%. In a balanced market, the sales-to-active listings ratio is between 12% to 20%. In…
Read More
Vancouver Housing Market April 2020 Report VANCOUVER, BC – May 4, 2020 – While Metro Vancouver* home sale and listing activity remains limited by the COVID-19 situation, REALTORS® across the region are fast adopting new tools and practices to help advise and serve their clients in a responsible way. https://www.youtube.com/watch?v=WGMjJCrcr1g&feature=youtu.be Home sales and listings down…
Read More
You may be wondering what is the difference between Empty Homes Tax and Speculation and Vacancy Tax. Some people think that the two taxes are synonymous. However, that is not the case with the taxes. If you are a property owner in Vancouver, knowing the difference between the two taxes is important. What is the…
Read More
https://www.youtube.com/watch?v=JRL4OwNbyzY Mortgage Deferrals in Vancouver During COVID 19 Last week we caught up with Niki Cuthbert from Ask About Mortgages about mortgage deferrals in Vancouver during COVID 19! Check out the question and answer video featuring Leo and Niki. They discuss everything you need to know about mortgage deferrals and what people should be doing…
Read More
https://www.youtube.com/watch?v=oz_sG8vcjyo In this video Ashley Smith, President of the Real Estate Board of Greater Vancouver (REBGV) takes us through a summary of the March 2020 Vancouver housing market March 2020 statistics. For our visual learners, watch the video above! Otherwise, continue reading our post for the main housing statistics and insights. Vancouver Housing Market March 2020…
Read More
I need to sell my house fast! Well, selling a house is a process! It might feel daunting or overwhelming when getting started on the journey. However, working with a top realtor in your local area makes it easier. Use these 5 tips to sell your home faster and easier. 1. Work with a professional…
Read More
What is Empty Homes Tax? The Empty Homes Tax is a municipal tax that affects anyone who owns a Class 1 Residential Property in the City of Vancouver. It is an annual tax at a rate of 1% of a property’s assessed taxable value. According to BC Assessment, which runs real property assessments throughout the…
Read More