Blog by Hassenn "The Good Guy"

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Thank You!

February 7th, 2018
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I am very grateful for the RE/MAX Platinum Club Award and the MLS Medallion Club Award received in 2017.  My clients are my top priority and we work as a team, I wouldn't have done it without them.  Thank you All for your support in 2017!

Are you over-leveraging in real estate in Metro Vancouver?

February 5th, 2018

Billions of dollars have been invested in real estate in Metro Vancouver, especially in the last few years and we have had the up trend in price.

According to Trading Economics.com, Canadian household debt to disposable income ratio in 2017 was 173.34%, reaching an all time high in the third quarter of 2017.

I always advise my clients to have a Plan B in case the market goes sideways or ...

Housing Market Update (January 2018)

January 17th, 2018
Happy New Year!

Here is a link to BCREA's youtube channel by Chief Economist Cameron Muir.

"Robust housing demand in 2017 was underpinned by a strong economy, employment growth and rising wages," said Cameron Muir, BCREA Chief Economist. "Above trend migration, both international and interprovincial, also bolstered housing demand, while broader demographic fundamentals added fuel to condominium ...

GOOD NEWS FOR FIRST TIME HOME BUYERS!

February 23rd, 2017
THE BRITISH COLUMBIA REAL ESTATE ASSOCIATION (BCREA) HAS TAKEN INTO CONCIDERATION THE DYNAMIC CHANGE WTH THE MARKET AND HAS DECIDED TO INCREASE THE PROPERTY TRANSFER TAX FROM 475K TO 500K. THIS IS GREAT NEWS FOR FIRST TIME HOME BUYERS!

FIND OUT IF YOU QUALIFY BY VISITING THIS LINK

2016 Vancouver Real Estate Market Update

January 10th, 2017

Happy New Year Everyone!
2016 has been quite a roller-coaster in the real estate market and the overall industry. For us as Realtors, it felt like there was a tsunami! Buyers were frustrated after writing offers on 7 different properties, and came to realize that another buyer offered $100,000 or more on top of their offer. Sellers sometimes were disappointed as they expected to get more ...

2016 Rental Market Report for Greater Vancouver

December 8th, 2016
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Vacancy rates continue to be very low for Greater Vancouver in 2016. 

To view the full CMHC Rental Market Report click the link below.

http://www.cmhc-schl.gc.ca/odpub/esub/64467/64467_2016_A01.pdf

October 2016 Greater Vancouver Real Estate Market Analysis

November 29th, 2016
Today we will be looking at the statistics for October 2016 and comparing them to September 2016. We will be comparing Detached homes(not including new homes) in Vancouver West, Burnaby North, Coquitlam and Maple Ridge. Since our last Statistics video for September 2016, not much has changed. The market is still trying to digest the recent changes in mortgage rules and 15% Foreign Tax. There ...

CMHC Increasing risk rating from "Moderate" to "Strong"

October 26th, 2016
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Canada Mortgage and Housing Cor.(CMHC) recently warned about "High levels ofindebtedness coupled with elevated house prices."
CMHC is responsible to insure rusky mortgages such as mortgages with less than 20% down.

Please click the link below for more details.

http://www.bnn.ca/cmhc-to-issue-first-red-warning-for-canada-s-housing-market-1.586593

Where's the Most Interesting Place you've Stayed?

October 25th, 2016
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Have you ever dreamt of living in a cob house or storage container home?
There are so many creative and architecturally amazing homes all over the world.

This Article gives you a glimpse of unique homes you can rent or buy right now.

Click Here

Alert!! Changes to Mortgage Rules

October 13th, 2016
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We urge you to take a moment and read about the changes affecting the Federal Government Mortgage Insurance Rules, especially if you're thinking of buying soon. From October 17, 2016 onward every home buyer has to qualify at the posted five year qualifying rate. You can find up to date fates at http://www.bankofcanada.ca/. Also as of November 30, 2016 there is a new criteria in order to be el ...
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