Monthly Archives: March 2013

What is CMHC Mortgage Insurance? Jonathan Fung Mortgage Specialist Explains!

CMHC Mortgage Insurance Explained by Jonathan Fung Vancity Mortgage Specialist! What is CMHC Mortgage Insurance? To answer this question, I recently met with Jonathan Fung, a mortgage specialist with Vancity who was kind enough to discuss CMHC mortgage insurance with us. What is CMHC Mortgage Insurance? CMHC stands for Canada Mortgage and Housing Corporation, which is a Crown Corporation owned by the Federal Government. One of CMHC's core functions via its Mortgage Insurance is to assist illegible buyers purchase a home in Canada with less than a 20% down payment. Lenders and Financial Institutions view property purchases with less than… Find out more

The Views in Coal Harbour Presale Condo by the Janda Group

The Views in Coal Harbour Presale Condo Mike Stewart from Mike Stewart 604-763-3136 on Vimeo. The Views in Coal Harbour, A New Vancouver Presale Condo At a Glance • 15 storeys • 27 luxury units - CUSTOMIZABLE! • Mix of condominium & townhomes • Project spearheaded by Janda Group • Sizes range from 817-3281 sq ft • Development features 3 spectacular penthouses The Views in Coal Harbour is unique in that it is one of the last opportunities to buy new properties in the neighbourhood. The unique nature of this luxury presale condo is also seen in the fact the… Find out more

February 2013 Statistics Real Estate Board of Greater Vancouver

February 2013 REBGV Stats Mike Stewart by Home sales continue at below average pace Home sale activity has trended below historical averages for a full year in the Greater Vancouver housing market. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,797 on the Multiple Listing Service® (MLS®) in February 2013. This represents a 29.4 per cent decrease compared to the 2,545 sales recorded in February 2012, and a 33 per cent increase compared to the 1,351 sales in January 2012. Last month’s sales were the second lowest February total in the… Find out more