Homeowner advocate and local Realtor, John Grasty, offers Tri-City area homeowners (and buyers) relevant property information, including comparable sales data and the most up to date and accurate picture of activity and trends for a particular market. “This is simply neighbourhood intelligence; an added-value service with no strings attached,” says Grasty. “Homeowners have better choices … Read more
On December 17th Coquitlam and Port Moody were left scrambling to deal with a major mudslide that washed out the backyard of a home in the 1000 block of Corona Crescent in Coquitlam, pushing debris down the hill to Brookmount Road in Port Moody. A burst water main caused the mudslide which left a 50′ (approx. 15m) … Read more
The apartment building construction composite price index for Vancouver CMA decreased 3.8% in the third quarter (compared with the second quarter); the largest decrease in Canada. The apartment building construction price index provides an indication of new construction cost changes. “As was the case in the second quarter, the decline in the third quarter was … Read more
Consumers seeking the services of a home inspector are reminded to ask before signing a home inspection contract to see the Consumer Protection BC wallet-sized licence issued to home inspectors. Effective March 31, 2009, British Columbia became the first province in Canada, through the Home Inspector Licensing Regulation, requiring the licensing of all those individuals … Read more
The sudden discontinuation on July 31, 2009, of the HPO Reconstruction Loan Program by Housing Minister, Rich Coleman and his government was unconscionable. They have now brought consumer protection to an all-time low in BC. In the Fall of 2007 the Homeowner Protection Office received an independent report from McClanaghan and Associates which clearly pointed … Read more
A few years ago I became familiar with a 2005 Port Moody report, “Moody Centre Commercial Market Assessment and Revitalization Strategy Gap Analysis”. The objective of this report was to provide an overview of the market position and redevelopment strategy for the retail component of the Moody Centre Commercial District, “…a relatively large and mature … Read more
Rebate Threshold and Transitional Rules for New Housing The Province is proposing to increase the threshold for the BC HST new-housing rebate from $400,000 to $525,000 to ensure that, on average, purchasers of new homes up to $525,000 pay no more tax due to harmonization than is currently embedded as PST. The government has also … Read more
Inlet Centre Backdrop in Autumn In early 2008 multi-family homes in Port Moody became the city’s main source of available housing stock. Yes, more than 50% of Port Moody’s households are now multi-family. In contrast to other cities, and based on the 2006 Census, Port Moody has a significantly younger citizen profile which means amongst … Read more
A Port Moody condominium apartment for sale which I was showing to a woman was advertised as a two (2) bedroom. I discovered upon showing that it was in fact a one (1) bedroom and den. Well it turns out that the developer originally sold these properties as two bedroom units to unsuspecting Buyers (hopefully … Read more
I had the opportunity to review the plans and conceptual drawings for this development being proposed by Harmonix Ventures for Henry Street and Buller Street and fully support the project moving forward. This is in “Area 3” of Moody Centre as it was identified at the Design Charrette in 2007, and as a participant in that particular … Read more