Macrealty April 2012 Market Update

April 28th, 2012
There has been a lot of mortgage news recently as the Big Banks fight for market share with record-low mortgage rates. In February, we covered how BMO Bank of Montreal started the mortgage wars by offering a 2.99% 5-year fixed rate mortgage. Other lenders followed suit, matching the 2.99% rate, but generally offering only a 4-year option. On March 29th, RBC Royal Bank signalled the end of thi ...

Government Grants for Property Owners and Buyers

April 18th, 2012
There are a number of grants available from Government to assist people who own or are buying property.

Here is a list of 28 of those grants, taken from Realtor Link magazine, April 5, 2012:




If you have any questions, please call me.

Patricia Houlihan

To Live or to Invest

April 13th, 2012
I frequently read that people spend far too much time worrying about the investment potential of the places they buy to live in. Apparently this phenomena is somewhat unique to Vancouver-we are obsessed with real estate and making money off of it. A good example is a home that is currently listed on Panorama Drive in Deep Cove.

The house is tremendous value: it is waterfront, has a dock in gr ...

A shift in the market....

April 12th, 2012

Increased selection helps maintain balance in Greater Vancouver housing market

Home sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Service® (MLS®) in March 2 ...