My East Van Blog

East Vancouver Heritage Homes

Despite all the news about the Vancouver Housing Market slowing down, there are still properties that are getting multiple offers; and heritage homes in East Vancouver are getting a lot of attention.

Older homes that have been nicely renovated are being targeted by many buyers. With standard size lots still maintaining stable price levels - builders, first time home buyers, and young families are... read more.

Night at the Aquarium

Neal and I were lucky enough to attend the 6th annual Night at the Aquarium fundraiser. It was a beautiful evening and they raised $316,433. One hundred percent of the proceeds will go towards the aquarium's conservation, research and education programs.

There were dozens of participating ocean wise restaurants and wineries serving delicious mini dishes, glasses of bubbly, wine, beer and spirits. 

A... read more.

More Townhouses Coming to Vancouver

Vancouver Mayor Gregor Robertson unveiled the city's newest plan to attack the housing affordability problem.  The plan is to develop more row houses and stacked townhouses near transit centers.  The buildings will be a mix of rental, co-op, strata, etc. 

The idea is to bring down and/or stabilize rental rates for those unable to afford today's housing market, and in general, bring down the cost of h... read more.

Shorter Mortgage Amortizations

Three big changes were introduced by Finance Minister Jim Flaherty today for "high ratio" mortgages:

1. The maximum amortization period for high ratio mortgages will be shorten from 30 years to 25 years.  Shortening the amortization means both higher monthly payments, and higher income levels needed to qualify for a mortgage.
2. The government also limited high ratio mortgages to homes with a purchase pric... read more.

Renting Out Your Property - Know Your Rights

Renting out your property, or homes with mortgage helpers have been increasingly popular in the last several years. But do you know your rights as a homeowner? If you get a "bad" tenant, can you just kick that person out? The answer is No. The provincial government has very detailed rules that protect the rights of the landlords and the tenants. Here is a quick list of some reasons you can serve n... read more.