Useful Tips For Home Buyers in Vancouver | Gary Serra

Have a condo? It could give you up to 10% more buying power in the housing market!

Posted on March 10, 2017

CONDOS REMAIN IN DEMAND WHILE DETACHED MARKET DROPS! If you own a condo and have always wanted to get into the detached market, THERE HAS NEVER BEEN A BETTER TIME! Hesitation from Metro Vancouver home sellers is impacting sale and price activity throughout the Vancouver Real Estate market. After a slower January than average, the statistics are […]

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Is this a good idea?! No 15% foreign buyers tax for some.

Posted on January 30, 2017

No foreign buyers tax for people with a BC work permit The Canadian Press has just reported that there will be no foreign buyers tax for people with a BC work permit. “The 15 per cent foreign buyers tax was implemented last August in a bid to cool skyrocketing real estate prices.” CTV News has […]

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BC Home Owner Mortgage and Equity (HOME) Partnership

Posted on January 12, 2017

BC Home Owner Mortgage and Equity (HOME) Partnership In today’s market, saving for a mortgage down payment can be hard for first-time homebuyers. On December 15, 2016, the British Columbia government announced the BC Home Owner Mortgage and Equity Partnership (BC HOME Partnership) to help 1st time homebuyers by providing interest free loans to help with down […]

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How’s the market? Here’s the September SnapStats!

Posted on October 05, 2016

Metro Vancouver home prices have once again shown a year over year increase! The MLS® Home Price Index notes a benchmark price for all residential properties in Metro Vancouver at $931,900, an increase of 28.0% over September 2015, and only a 0.1% decrease over August 2016 numbers. However, the total number of homes sold over September […]

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Is a $10M budget “enough” to buy a house in Vancouver?

Posted on July 14, 2016

CBC News wrote an article on June 4th about Vancouver Real Estate market, and was asking the following question: What kind of house can you buy with a $10M budget? With the real estate bubble we have been seeing in the past 5 years in Vancouver, it seems that it is more and more difficult to buy […]

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