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Category: Tips + Trends for Buyers

New BC Government Regulations for Short-Term Rentals in 2024

As of May 2024, the BC Government will be adding its own short-term rental restrictions, which will be in addition to municipal and strata restrictions. The main thrust of the new provincial government legislation is to keep short-term rentals within principal residences only. Although the details are still evolving, below are the current highlights that […]

First Time Home Buyer Incentive Programs 2023

Here are several programs and incentives that exist in British Columbia and Canada to support first-time homebuyers:   CANADIAN GOVERNMENT PROGRAMS   First-Time Home Buyer Incentive (Government Shared Equity up to 10%) The First-Time Home Buyer Incentive helps first-time homebuyers without adding to their financial burdens. Eligible first-time homebuyers who have the minimum down payment […]

Top Tips for Buyers Facing Multiple Offers

Purchasing a property is a very exciting time for Buyers, and there is nothing we love more than assisting clients with that experience and seeing the expressions on their faces when they get the news that their offer has been accepted. In today’s market, we continue to see multiple-offers on houses, townhouses and condos across […]

Property Transfer Tax

Property Transfer Tax (PTT) is a provincial land registration tax paid by a property buyer or owner when a property title is registered at the Land Title and Survey Authority (LTSA). How much is the PTT? The PTT is charged on the fair market value of a property at a rate of: 1% on the first $200,000 […]

5 Tips for Condo Buyers Facing Bidding Wars

As we help our clients navigate the current market, we continue to see high demand for condos, especially at the lower-to-mid range price points. Many of our clients who have been trying to purchase since early January, have been repeatedly faced with multiple offer and “subject-free” competition. A factor that may be feeding this demand […]

Best Paying Jobs In Vancouver BC

Are you contemplating moving to beautiful Vancouver, BC? Then you should be aware of what the best paying jobs are in this bustling tech-hub city! To discover what the highest paying trades in Vancouver are, you first have to start by taking a deep dive into British Columbia’s economy itself. Vancouver leads Canada in new […]

Moving to the city and curious, is Vancouver safe? Wonder no more!

Moving to the city and curious, is Vancouver safe? Wonder no more! Before moving to any city and starting a new life, there are many things potential home buyers want to know. While the school system, economic prosperity, climate, location, and affordability all come into play, safety always seems to be the top priority. If […]

Affordable Vancouver Island Waterfront Living

For many, Vancouver Island offers a great alternative to mainland living and investment given its natural beauty, affordable prices, and laid-back lifestyle. Imagine your morning begins by watching whales breaching as you sip coffee on your patio. Later, launch your kayak off the beach and head out for a late morning paddle. In the afternoon, […]

Programs Available for First Time Buyers in the Vancouver Real Estate Market

Buying real estate in Vancouver can be a daunting task for first time buyers given the prices and fast pace of the market in this city. To help first time buyers, there are a number of government-sponsored programs available to provide assistance, and these programs are especially helpful in Vancouver real estate. Here are some […]

Top BC Grants & Rebates For Home Buyers and Owners

Currently there are 27 cost-saving programs, grants, rebates and other offers for BC home buyers and home owners. New to the list this year are the BC Seniors’ Home Renovation Tax Credit, rebates for Energy Star appliances and new BC Hydro Power Smart programs for businesses. Below are just a few to mention, or view the […]

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