Blog by Hassenn "The Good Guy"

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Have you ever thought of living off the grid?

May 8th, 2018
WEST COAST HOMEMADE ISLAND

For the past two decades, Catherine King and Wayne Adams have been slowly building a floating fortress in a secluded cove near Tofino, British Columbia.

It all began 24 years ago, when a wicked storm blew in a pile of wood near their beach-side cabin. When the owner of the lumber gifted the couple the stormy bounty, King and Adams decided to follow their dream and t ...

New Mortgage Rules

March 14th, 2018
According to the BCREA, the number of units sold across the province in February dropped 5.7% compared to February 2017.  We probably start seeing the effects of the new mortgage rules.

For more details please visit
: http://www.bcrea.bc.ca/docs/news-2018/2018-02.pdf 

February 2018 Housing Market Update in Greater Vancouver

March 5th, 2018
Overall, the market in Februray was more active compared to January, especially for apartments and townhouses. As you might be aware, BC Government has changed some of the rules regarding real estate in order to make it fairer.  See the link below for the PDF format of the changes:


We will see if these changes will force some ...

Thank You!

February 7th, 2018
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I am very grateful for the RE/MAX Platinum Club Award and the MLS Medallion Club Award received in 2017.  My clients are my top priority and we work as a team, I wouldn't have done it without them.  Thank you All for your support in 2017!

Are you over-leveraging in real estate in Metro Vancouver?

February 5th, 2018

Billions of dollars have been invested in real estate in Metro Vancouver, especially in the last few years and we have had the up trend in price.

According to Trading Economics.com, Canadian household debt to disposable income ratio in 2017 was 173.34%, reaching an all time high in the third quarter of 2017.

I always advise my clients to have a Plan B in case the market goes sideways or ...

Housing Market Update (January 2018)

January 17th, 2018
Happy New Year!

Here is a link to BCREA's youtube channel by Chief Economist Cameron Muir.

"Robust housing demand in 2017 was underpinned by a strong economy, employment growth and rising wages," said Cameron Muir, BCREA Chief Economist. "Above trend migration, both international and interprovincial, also bolstered housing demand, while broader demographic fundamentals added fuel to condominium ...

GOOD NEWS FOR FIRST TIME HOME BUYERS!

February 23rd, 2017
THE BRITISH COLUMBIA REAL ESTATE ASSOCIATION (BCREA) HAS TAKEN INTO CONCIDERATION THE DYNAMIC CHANGE WTH THE MARKET AND HAS DECIDED TO INCREASE THE PROPERTY TRANSFER TAX FROM 475K TO 500K. THIS IS GREAT NEWS FOR FIRST TIME HOME BUYERS!

FIND OUT IF YOU QUALIFY BY VISITING THIS LINK

2016 Vancouver Real Estate Market Update

January 10th, 2017

Happy New Year Everyone!
2016 has been quite a roller-coaster in the real estate market and the overall industry. For us as Realtors, it felt like there was a tsunami! Buyers were frustrated after writing offers on 7 different properties, and came to realize that another buyer offered $100,000 or more on top of their offer. Sellers sometimes were disappointed as they expected to get more ...

2016 Rental Market Report for Greater Vancouver

December 8th, 2016
rental.jpg
Vacancy rates continue to be very low for Greater Vancouver in 2016. 

To view the full CMHC Rental Market Report click the link below.

http://www.cmhc-schl.gc.ca/odpub/esub/64467/64467_2016_A01.pdf

October 2016 Greater Vancouver Real Estate Market Analysis

November 29th, 2016
Today we will be looking at the statistics for October 2016 and comparing them to September 2016. We will be comparing Detached homes(not including new homes) in Vancouver West, Burnaby North, Coquitlam and Maple Ridge. Since our last Statistics video for September 2016, not much has changed. The market is still trying to digest the recent changes in mortgage rules and 15% Foreign Tax. There ...
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