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  1. Thinking of buying or renting near NYC? Consider the tax costs

    10 per cent of your salary goes to property taxes other Imagine setting aside 10 percent of your salary every year towards paying property taxes on your home. Well, that is a reality for some homeowners in the tri-state area. Homeowners in New York City’s affluent Westchester suburb pay on average $15,000 in annual property […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-08-2018
    Real Estate Related

  2. Brooklyn at Bernard Block 1471 St. Paul Street Kelowna 178 homes in a 25-storey mixed-use tower by Mission Group

    High on the outlooks at Brooklyn at Bernard Block Michael BernardThe Vancouver Sun Brooklyn at Bernard Block Project address: 1471 St. Paul St., Kelowna Project scope: A total of 178 condo homes in a 25-storey commercial-residential highrise in downtown Kelowna, the first of three buildings on the 1.5-acre site. Panoramic views of the city, Okanagan […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-08-2018
    Real Estate Related

  3. Marquise 495 West King Edward Avenue 58 homes from 620 to 1360 square feet by Blairmore Development Group

    Marquise takes a convenient west-side location Kathleen FreimondThe Vancouver Sun Project: Marquise Project address: 495 West King Edward Avenue Project city: Vancouver Developer: Blairmore Development Group Architect: GBL Architects Inc. Interior designer: Portico Design Group Ltd. Project size: 58 units (seven townhomes, 51 condos) Bedrooms: one, two and three bedrooms Unit size: 620 to 1,360 square […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    18-08-2018
    Real Estate Related

  4. Canadian real estate grossly overvalued – report

    The Economist ranked Canada most overvalued Ephraim VecinaMortgage Broker News A new global price analysis by The Economist ranked Canada as the 3rd most overvalued country in the world in terms of housing values, trailing just behind New Zealand and Australia. The U.K.-based publication’s study measured the average housing price versus the median incomes of […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2018
    Real Estate Related

  5. Stats indicate adjustment to B-20

    Buyers have adjusted to qualification rules Neil SharmaMortgage Broker News Real estate sales in Canada are trending upward and it’s likely an indication that consumers have come to grips with B-20. Canadian Real Estate Association sales statistics for July show  national home sales rose 1.9% over the previous month—and according to REMAX’s regional executive vice […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2018
    Real Estate Related

  6. B.C. cities with slightly more affordable homes

    Affordable housing markets in BC Ephraim VecinaCanadian Real Estate Wealth Despite exhibiting consistently inflamed price averages, B.C.’s housing market still offers some pockets of relative affordability that households can take advantage of, according to a new analysis by real estate portal Zoocasa. Single-income households have no luck, however; no B.C. metropolitan market even comes close […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2018
    Real Estate Related

  7. Is the impact of the stress test starting to fade?

    CREA says Toronto less affected by stress test Steve RandallCanadian Real Estate Wealth National home sales improved in July with a 1.9% rise in sales compared to the previous month. CREA says that although sales have been trending higher over the past three months now, they are still running below the levels seen a year […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2018
    Real Estate Related

  8. Ask plenty of questions about new fee schedules

    Ask questions about new fee schedules Tony Gioventu The Province Dear Tony: Our property manager has recently sent to all its clients an addendum that they wanted signed. I believe this is of concern to all strata councils as it can cause an increase in fees and in the event of major construction, imposes much […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2018
    Strata Information

  9. Park West at Lions Gate 1633 Capilano Road North Vancouver 258 one, two and three bedroom condos by Keltic Development

    North Vancouver condos designed to provide occupants with a sense of peace and privacy Mary Frances Hill The Vancouver Sun Park West at Lions Gate Where: Capilano Road and Marine Drive, North Vancouver What: 258 one-, two- and three-bedroom condominium homes in two concrete towers of 19 storeys and 23 storeys Residence sizes and prices: Ranging from […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    16-08-2018
    Real Estate Related

  10. There were fewer new mortgages in 2017 CMHC data shows

    Mortgage with new lenders down in Vancouver Steve RandallREP There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC. The corporation says that it looked at new mortgages originated for new owners, repeat buyers, refinances, multiple mortgage holders, and renewals with […]

    By Les Twarog Vancouver Real Estate and Condo Blog
    14-08-2018
    Real Estate Related

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