There has recently been a change to mortgage rules that will make pre-approvals slightly tighter. As of now it appears that they will only be targeting insured mortgages (less than 20% downpayment). The reason is to protect the government from over lending, however it could make it more difficult for first-time buyers to get into […]
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When comparing real estate in East Vancouver vs Vancouver West it is no secret that you can get a lot more bang for your buck in East Van. As we are seeing more and more townhomes being built on both sides of the city, we thought it would be good to compare the difference in […]
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Typically there are two types of buyers that look at buying townhomes. Young families that need more space, and downsizers that have sold their house and are looking for something that is a bit more manageable. Townhouses can be the perfect in between for both upsizers and downsizers. Seeing people struggle with downsizing we have […]
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In this edition of the September Market Update we will look at trends in East Vancouver townhomes after the 15% tax was implemented (read more about the new Foreign Homebuyer Tax). How did this affect the market in August and what do we think moving forward? As you can see we saw less listings and […]
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The Final Release of Hanna Townhomes is happening now. With only 3 townhomes left this is your last chance to secure a townhome in this new development by E. 16th Ave in the heart of Mount Pleasant. Townhome 9, Townhome 10 and Townhome 11 are the last three available: Townhome 9 3 bedroom 2.5 bath […]
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