Monthly Archives: March 2012

Canada Mortgage Calculator with 40 Year Amortizations!

Canadian Mortgage Calculator for Vancouver Real Estate with Amortizations up to 40 Years I am both a property owner in Vancouver and a Realtor. I am constantly watching the mortgage market here in Canada to see how changes to mortgage interest rates and amortization affect both the Vancouver real estate market and my personal real estate holdings. The current ultra low mortgage rates (Like 2.99% on a 5 Year Fixed Rate Mortgage!?) have really focused my mind on mortgages and one of the things I use online A LOT (OK, compulsively, all the time) is a mortgage calculator. Frustration with… Find out more

Condos in Vancouver | High Strata Fees Bad? Low Strata Fees Good? Not Always…

Are High Strata Fees Bad? Are Low Strata Fees Good? When buyers are looking at condos to purchase in Vancouver, many focus on the maintenance/strata fee and generally feel that a low strata fee is a good thing and a high strata fee is a bad thing. In many cases, this is not the correct conclusion. Why? Good Car, Bad Car Cars and condos are a lot alike, especially when it comes to the relationship between maintenance and repairs and how this impacts their future value. Consider the example of two high end good quality automobiles that were exactly the… Find out more

Meccanica Vancouver Presale PRICING SE False Creek Condo & Floor Plans!

Meccanica, A New Vancouver Presale Condo in South East False Creek by Cressey Check out My Listing at Meccanica! 318-108 East 1st Avenue Meccanica is a new concrete Vancouver presale condo tower being built by Cressey at 108 West 1st Avenue at Quebec Street in Vancouver's South East False Creek neighbourhood. Meccanica will have a 12 story tower and a 6 level podium and will have 170 condo suites in total. All the suites at Meccanica will have balconies and air-cooling (Just like AC, but we can't call it that). Automotive Inspired Design Meccanica will have a modernist automotive theme… Find out more

February 2012 Vancouver Real Estate Statistics Package from the REBGV

February 2012 Real Estate Board of Greater Vancouver Statistics Package Greater Vancouver housing market trends near long-term averages as spring market approaches Closer alignment between home buyer and seller activity helped bring greater balance to the Greater Vancouver housing market in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,545 on the MLS® system in February 2012. This represents a 61.4 per cent increase compared to the 1,577 sales recorded in January 2012, a decline of 17.8 per cent compared to the 3,097 sales in February 2011 and a 2.9… Find out more