Macrealty March 2012 Market Update

March 28th, 2012

On February 21st, the BC government announced the 2012/13 Provincial Budget (http://www.bcbudget.gov.bc.ca/2012/default.htm). A fiscally conservative document, the budget calls for business tax hikes and a spending freeze in order to try and meet the government's commitment to return to a balanced budget by fiscal year 2013/14. Also included in the budget are several changes that will affect ...

Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market

March 26th, 2012
Last year the beginning of the year was a fantastic time to list and sell-a great sellers' market. We anticipated that the same would hold true this year but according to the Real Estate Board statistics, the last couple of years were much better for sellers than this year has been to date.  This may mean that this Spring will be better for sellers than it was last year as some of the homes ...

Waterfront Is a Bargain!

March 5th, 2012

Did you know that right now the cost to buy a waterfront home is not much higher than the cost of many non-waterfront homes?  When I bought my current waterfront home, it took me 2 years to finally get something because most of the entry level waterfront was selling right away, often with multiple offers. 

That is not the case now:  there has been a huge supply of waterfront homes on the mark ...