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Curtis Lindsay |
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New Mortgage Rules for April 19, 2010Finance Minister Jim Flaherty is tightening mortgage rules to crack down on speculators and discourage homeowners from taking on too much debt. The minister said he is responding to growing concerns that Canada's housing market is overheating, although he stresses there is no bubble in Canada's...Posted by: admin Thursday Mar 11, 2010 16:35 2009 The Year of The HouseIn the midst of one of the most tumultuous economic periods in recent history, residential real estate has proven to be a safe harbour, with sales and average price expected to post gains in most major Canadian cities in 2009, according to a report released today by RE/MAX. The major...Posted by: admin Saturday Dec 05, 2009 19:21 Update on BC's HST and Real EstateOn November 18, 2009 the Ministry of Finance releases a "Tax Information Notice" regarding the new increased rebate levels on the Harmonized Sales Tax for new home purchases. The new housing rebate would be enhanced so that new homes purchased as a primary residence would receive a...Posted by: admin Saturday Nov 21, 2009 15:48 Olympic Flame Arrives in VictoriaThis month the Olympic flame arrived in Victoria to begin its 106-day, 45,000-kilometre relay across Canada leading up to the 2010 Winter Olympics in Vancouver on February 12. Like many others, I was there to see the flame arrive at the steps of the legislature as First Nations members brought...Posted by: admin Friday Nov 06, 2009 22:38 Canadian Hitter Wins The RE/MAX Long Drive ChampionshipHe did it again. Canadian sensation Jamie Sadlowski smashed a 384-yard drive to win the RE/MAX World Long Drive Championship for the second consecutive year on Oct. 30 in Mesquite, Nev. Sadlowski, 21, earned a cool $150,000 payday for his victory over Jerimie Montgomery of Plain City, Utah,...Posted by: admin Wednesday Nov 04, 2009 16:31 Rent-2-Own. A Good Option!?Great article by Sarah Siddons, see the full article at http://money.howstuffworks.com/personal-finance/real-estate/rent-to-own-homes.htm For some buyers rent-to-own may be their best option when considering the purchase of a property. Often referred to as lease-to-own, the process works similar...Posted by: admin Friday Sep 25, 2009 12:50 Classic Boat FestivalVictoria's Inner Harbour will be a busy place this Labour Day weekend as festivities for the 32nd annual Victoria Real Estate and Black Press Classic Boat Festival kick off this Friday September 4th. While this will be the final year of sponsorship by the Victoria Real Estate Board, the event...Posted by: admin Monday Aug 31, 2009 21:43 Harmonized Sales Tax (HST) and its Impact on Housing in BCHarmonized Sales Tax The announcement regarding the proposed new Harmonized Sales Tax (HST) by the BC Provincial Government has come under fire recently by a number of groups and political parties. The HST will combined the seven per cent Provincial Sales Tax (PST) with the five per cent federal...Posted by: admin Wednesday Aug 19, 2009 20:48 Summer sales soar in June 09The arrival of summer saw a significant surge in property sales throughout the Greater Victoria area along with modest price increases for single-family homes and townhomes. A total of 946 properties sold in June through the Victoria Real Estate Board’s Multiple Listing Service®...Posted by: admin Sunday Jul 12, 2009 12:27 Victoria MLS Sales Statistics for May 2009The Greater Victoria area housing market gained additional strength last month with a significant increase in sales along with firm prices. A total of 879 homes and other properties sold in May through the Multiple Listing Service® (MLS®), up 17 per cent from the 747 sales in April and up...Posted by: admin Tuesday Jun 09, 2009 11:45 Page: |
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