Follow The Money For X Sake! “Real estate and money laundering – spotlight on Canada” is the very latest misguided report; yet another regurgitating how Realtors are to blame for allowing money-laundering. The context of the real estate money-laundering issue has been skewed by not getting to the root cause of the lack of effectiveness of … Read more
Next In BC Real Estate Market? This excerpt is reproduced from THE BULLETIN • AUGUST 2016 – a publication of BCREA What Will Happen Next In BC Real Estate Market? With real estate being a red hot topic in the media lately, BCREA’s Economics Team has compiled a series of reports to examine market statistics … Read more
Good things come to those who wait. As many will recall, following years and countless public meetings, in 2014 Port Moody decided to designate Westport in the Official Community Plan as a new amenity community hub. In doing so, Port Moody Council designated the Andres site as a Special Study Area suggesting that it requires … Read more
REALTORS® Reminded of Obligations to Clients “Don’t Take the Risk of Providing Services in an Area You’re Unfamiliar With.” – RECBC Once again (June, 2015) REALTORS® are being reminded by the Real Estate Council of British Columbia (RECBC), about the dangers of stepping outside their comfort zone. “Even in a hot property market, you can’t … Read more
Multi-Family versus Single-Family Homes in Port Moody The recent Coronation Park Community Visioning Meeting at City Hall once again echoed the desire of some to freeze this traditional single family neighbourhood in time as if the Evergreen Line were still a fantasy and we still lived in a pre-sustainability and pre-climate change bubble. Quite apart … Read more
West Port Moody – A Win-Win Concluding this series of three (1) (2) posts on West Port Moody, I thought it might be interesting to look at some of the tax benefits that we could gain from a new village centre, or gateway, in this part of town. This is an important topic since some folks … Read more
West Port Moody – Westport Promises My last post noted how West Port Moody and Moody Centre have been left behind in terms of amenities and sustainable lifestyle. At the same time, it’s fair to add that the stage has been set in the last couple of years for this picture to change significantly. While … Read more
Leaky Port Moody City Hall The citizens of Port Moody have just been served a special assessment, and they’ll need to pay “$3.8M to fix leaky city hall,” as reported in the Tri-City News of April 24, 2015. In rounded figures, if the approximately 13,000 residential households are contributing around two-thirds to the tax base, … Read more
“Where’s the Beef?” It’s been called a cultural phenomenon and a marketing metaphor. By questioning the matter of a hamburger over thirty years ago, Clara Peller coined the iconic phrase, “Where’s the Beef?” This question raised by the popular Wendy’s ad created a value proposition for consumers to consider; whether they were actually getting steak, or … Read more
Getting more affordable townhomes to market – What would it really take? A recent report, Getting to Goundbreaking (G2G), was produced by the Greater Vancouver Home Builders’ Association (GVHBA) in partnership with the Urban Development Institute and Simon Fraser University’s Urban Studies department. The report examines the residential building approval process for a townhome development to: … Read more