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  • Home buyer demand increases across Greater Vancouver housing market

    An increase in home buyer demand put Greater Vancouver in the upper reaches of a balanced real estate market in May. [edit] “Our MLS® statistics tell us that there’s more home buyer demand today than at any point over the last three years,” Ray Harris, REBGV president said. “With sales surpassing the 3,000 mark in May ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on June 3, 2014
  • 10 Things to Consider When Buying Your First Home

     Buying your first home? Here are 10 things (among a lot of others) to consider we hope will help! Meet your mortgage advisor and find out what you can afford. It's so disheartening to find out later you can't get the loan amount once you've done all that shopping first. Or finding out that you can actually afford just a ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on May 30, 2014
  • Tips and gratuities on your income tax

    It's that time of the year again! I think we all dread the rush with doing our taxes each year and I'm pretty sure my accountant hates being rushed too. I don't ever give out any advice with taxes but I am often asked by individuals who make a lot of their income through tips and gratuities and how to handle that when they have ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on April 14, 2014
  • CMHC is increasing its mortgage insurance premiums for homeowners

    CMHC is increasing its mortgage insurance premiums for homeowners and 1-4 unit rental properties effective May 1, 2014. The change will only apply to mortgages underwritten after May 1, 2014 and it will apply to all homeowner business from that day forward as a result of increasing capital targets. Premiums will rise about 15 per ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on March 5, 2014
  • BC assessment and REALTOR® assessment. Why the difference?

    The BC assessment we recieve in the mail each year can sometimes be much different from the value your REALTOR® will provide to you. Why? I've met a lot of homeowners asking me why my assessment may be under what the government has assessed their property at. But more often than not, I'm asked by my buyer why our offer should ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on February 24, 2014
  • Government reduces tax burden on first-time buyers

    First-time home buyers received welcome news in today’s provincial budget. It may not apply to everyone, but for those looking to purchase homes between $425,000-$500,000, this new program should help put some money into your wallet. The government has announced, effective February 19, 2014, under the Property Transfer Tax (PTT) ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on February 18, 2014
  • Spring 2014 will be one of the busiest for available real estate inventory

    Market Summary The market had slowed down over the winter break, which is normal for that time of year.  January's supply is sitting around 9.1 months, which is considered a buyers' market. While the sales are low for the start of the year, current inventory levels are very low and many buyers are having a hard time finding ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on February 4, 2014
  • Search HPO Registries on the Go

    It’s easier than ever to access the HPO’s New Homes Registry and Public Registry of Residential Builders. These free online registries have been optimized for mobile display. Real estate professionals and homebuyers can now access important property information while on the go. Conduct property research on your hand-held mobile device ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on January 30, 2014
  • File your taxes if you want your First Time Home Buyer’s Property transfer tax exemption

    Want to utilize the First Time Home Buyer’s Property transfer tax exemption program?   If you plan to get an exemption but have not filed tax returns in British Columbia for two of the last six years, you must have been ordinarily resident in BC for at least one year before the transfer is registered in order to get the ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on October 17, 2013
  • One Pacific - False Creek by Concord Pacific Phase Two

    Skip the lineups and purchase before the general public by becoming one of our VIP guests with The Powerhouse Agents.  We've already assisted our clients during the first release select their first choices, let us help you do the same! "One block to the seawall, marina waterfront,  Cooper's Park, Urban Fare, ...
    Posted to The Powerhouse Blog (Weblog) by 876747 on September 10, 2013
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