Return to Balanced Market almost here
It’s been a buyer’s market since April and the return to a balanced market is almost here.
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Warranty for Homeowners is Worthless
The warranty insurance program in is basically worthless to homeowners, and allows corners to be cut in construction. “Buyer beware” remains a challenge, and even the best due diligence conducted by a buyer still presents unreasonable uncertainty.
Real Estate Intelligence…
It appears supply and demand information being reported for housing in Canada comes up short. Exactly how reliable are the statistics, analysis and commentary for real estate as being reported in Canada?
Port Moody Councillors display Disdain and Disinterest
It was disappointing not to say depressing to listen to Port Moody Council last Thursday. Not realizing perhaps that John Peller, a member of one of the City’s most historic families was in the room, a majority of Councillors repeatedly suggested that the genuine interest for an Evergreen station in West Port Moody was a … Read more
Evergreen Line – Déjà vu?
One definition of lunacy is doing the same thing over and expecting a different result. By this definition, current planning for the Evergreen Line is starting to look more and more deranged, and the poor taxpayer could be looking at a repeat of the costly planning mistakes made with some of the earlier SkyTrain designs. … Read more
Central Port Coquitlam – Huge 1 bedroom – Wheelchair Accessible
Huge 1 bedroom in Central Port Coquitlam. In 2005, Avebury Point was given a completely new “rainscreen” building envelope, which came with an HPO warranty. Yes, the exterior is as good as new; and the roof is being done! Wow! So you ask, “What is the interior like then?” Unlike all the newer buildings in … Read more
“…Homebuying is Easy”
…at least according to commentary in a publication regularly inserted in a local newspaper, which is widely circulated throughout Greater Vancouver and Fraser Valley communities: http://www.newlocalhome.com/editions/nlhr100722 The assertion, “…Homebuying is Easy,” seems to be based on the supply of homes listed on MLS. I checked yesterday and the Real Estate Board of Greater Vancouver (REBGV) … Read more
Rooftop Terrace in Moody Centre…
Sold in 9 Days in a Buyer’s Market! Your own PRIVATE 750 sf Rooftop Terrace: for relaxing, entertaining, gardening, or for your four-legged friend MLS# V827209 – “The Lighthouse” is located in the upcoming area of historic Port Moody, for an unrivalled quality of life that is affordable, modern family-oriented, promotes sustainable and green practices, … Read more
Real Canadian Hero
A hero is someone who courageously puts him/herself on the line to help others. Heroes are often ordinary people who take extraordinary actions in times of crisis. Real Canadian Hero is a biography of Corporal John Chipman Kerr V.C. and the tribute of a son, E. Rodney Kerr. This is not a book review but … Read more
Home Buyers Complaints Continue to be Ignored…
The CBC have reported that the Homeowner Protection Office (HPO) is ignoring consumers’ complaints and allowing builders to continue with “business as usual”. Builder relicensed despite unfinished homes This is a reminder that there is little if any protection for homeowners in BC. For more than 25 years before the HPO was even in existence … Read more