Use the downturn to help your heirs
Filed Under Main Content · Tagged: Downturn, Good Time, Heirs, Mr Khan, Tax Liability, Times Colonist Victoria
Times Colonist, Victoria, BC – So it’s a good time to freeze the value of the owner’s interest because the potential growth that is passed on — and therefore, not subject to tax liability on the owner’s death — is all that much higher, Mr. Khan said. Provided, that is, the frozen value is still enough for the owner’s needs…
Use the downturn to help your heirs
Vancouver residents cite affordability as top reason for buying condos
Filed Under Main Content · Tagged: Affordability, Bianco, Condos, Good Time, Mortgage Rates, Real Estate, Reason, Secured Lending, Vancouver Bc, Vancouver Residents, Vancouver Sun, Vice President
Vancouver Sun, Vancouver, BC – “This is a good time to explore a condo purchase given that mortgage rates are very attractive right now and many condos have dropped significantly in price,” Joan Dal Bianco, the bank’s vice-president of real estate secured lending, said in a statement…
Vancouver residents cite affordability as top reason for buying condos
Developers trim prices to keep baby boom buyers in the market
Filed Under Main Content · Tagged: Baby Boom, Dave Steele, Dramatic Shift, Game, Houses, Housing Developers, North America, Resort Style, Retirement Investments, Style Project, Vancouver Island, Vancouver Sun, Vancover Bc
Vancouver Sun, Vancover, BC – As home prices and retirement investments take a dive across North America, housing developers are changing strategies just to stay in the game. Vancouver Island developer Dave Steele and his partners are betting that by making a dramatic shift in their expectations for a 62-unit, beachfront, resort-style project near Qualicum Beach, they’ll be able to build some houses while others have stopped…
Developers trim prices to keep baby boom buyers in the market
B.C. housing starts to decline 43% from 2008: CMHC
Filed Under Main Content · Tagged: Canada Mortgage And Housing, Cmhc, Housing Starts, Metro Vancouver, Supply And Demand, Vancouver Bc Canada, Vancouver Sun
Vancouver Sun, Vancouver, BC – Canada Mortgage and Housing is forecasting the average Metro Vancouver home price to decline 13 per cent in 2009, and a further 2.3 per cent in 2010. “Buyers’ market conditions that began in mid 2008 will persist through this year before supply and demand conditions become more balanced in 2010,” Canada Mortgage and Housing said in its forecast..
