These statistics are surprising. The first time home buyer is not any more the one who hardly can scrape 5% down. The average first-time home buyer in Canada is 29 years old and expects to be able to pay a…
Buying and Seling
real estate transactions
Who said real estate in BC is too expensive?
by Vasko DeLev • • 0 Comments
Everybody says so! Of course, Vancouver is pricey. But still there are homes in BC for sale even under $100K. Vancouver Sun did a simple search on Realtor.ca for cheap homes and came out with 14 homes. The Canadian Real…
Mixed start for housing
by Vasko DeLev • • 0 Comments
Toronto, Vancouver and Calgary have released their statistics for the first month of 2013. Those in the real estate business know that January is perhaps the slowest month of the year. Add the unusually cold weather this winter and you…
Own or rent?
by Vasko DeLev • • 0 Comments
If you ask Statistics Canada you are more likely to own your house. But again it depends… According to the latest study home ownership in Canada has gone up over the last 25 years. By how much? By 7% –…
Worth reading
by Vasko DeLev • • 0 Comments
Real estate: Housing prices are holding But sales have declined big time – full 17%. That is what the latest statistics from CREA indicate. While the real estate professionals do not make a big deal about the declining sales figure,…
Start the week on the right foot
by Vasko DeLev • • 0 Comments
A relaxing weekend means to unplug, to stay away from the noise of emails, tweets and phone calls. The world, however, does not sleep. And perhaps some developments over the weekend or last week may be important to you. Here…
Real estate forecast: Mild dip in sales, higher prices by the end of 2013
by Vasko DeLev • • 0 Comments
Royal LePage in their newest report about the Canadian real estate forecasts a slow first quarter, fewer sales, and maybe a bit lower prices. Nothing dramatic, but it is a fact that sellers are in the mood to postpone listing…
Step by step guide for first time home buyers
by Vasko DeLev • • 0 Comments
Information is power. It saves time, it helps make a sound decision and reduces the moments of frustration, when you are confronted with a problem. To say that there is not enough information for home buyers would be grossly inaccurate. …
Buying a home: The trap of online search
by Vasko DeLev • • 0 Comments
Houses-for-sale internet sites is the first place people go to when searching for a home. So what’s wrong with that? Nothing. You save time and money. In one hour you can flip through so many houses, that it would take…
Should I buy? Should I sell? Should I wait?
by Moe McIlwain • • 0 Comments
Buyer’s vs. Seller’s Market There is a lot of talk in the media: ‘Sky is falling in Canadian Real Estate’. The market is going to ‘crash’, etc, etc. The consensus is that the Canadian economy and bank system are more…