Canadian summers offer ample opportunities to enjoy the warm weather, from lakeside gatherings and cottage weekends to neighbourhood barbecues and outdoor sports. Summer is also an ideal time for buying and selling homes, with the busy season often stretching from the Victoria Day weekend in May to Labour Day in early September. Read more…
Is it a Good Time to Buy a House for the First Time?
Remax Blog
Let’s be honest: There is a lot of uncertainty in the current Canadian real estate market. Are home prices climbing, rising, or stagnating? Where will mortgage rates be by the end of the year? Will economic conditions improve as 2024 progresses? Indeed, there are many variables that buyers and sellers need to think about as they navigate through all the noise in the housing sector. Read more…
Thrifty Tips for a More Luxurious Home
Remax Blog
Avoid the cost and chaos of a major renovation and transform your space into a luxurious home with these simple steps. Money may be tight, but you can still live the luxe life. Read more…
10 Expert Tips for Staging Your Home
Remax Blog
You’re about to move up into a home that better suits your lifestyle. Congratulations, it’s an exciting time! But before you can do that, you need to sell your current home. The goal of any seller is to get the highest sale price in the shortest amount of time. If that’s your objective, too, consider staging your home. Read more…
The Pros and Cons of Owning Commercial Real Estate
Remax Blog
If you are interested in real estate as an investment, or you want to diversify your real estate holdings, commercial real estate might be for you! With commercial real estate, you can earn a steady income and still have the potential to earn a great return when you sell. Read more…
Farmland Investment: Growing More Scarce and Valuable Every Year
Remax Blog
As inflation eats into profits, investors continue to seek out alternatives to typical commercial real estate offerings in the office, retail, multifamily and industrial sectors. Farmland investment, which has historically provided stable annual income, attractive risk-adjusted returns and a solid hedge against inflation, is one of the fastest-growing options on the table today. Read more…
Navigating Home Inspections: A Guide for First-Time Buyers
Remax Blog
Are home inspections back in style again? During the pandemic-era buying frenzy in many Canadian real estate markets, bidding wars were commonplace. This not only involved submitting a bid higher than the asking price, but it also involved desperate homebuyers choosing to waive home inspections to close the deal as quickly as possible. Read more…
Why Selling a Cottage Now To Save on Capital Gains Tax Could Cost You More
Remax Blog
Those who were planning to sell their cottage this summer are up against the clock, if they want get ahead of the June 24th deadline in an effort to keep more of their money. The announcement of the 2024 budget revealed that as of June 25th, the capital gains tax inclusion rate will rise to 66.67 per cent, up from the current 50 per cent inclusion rate, on capital gains greater than $250,000. Read more…
The Financial Upside of Downsizing
Remax Blog
For years, downsizing has been common throughout the Canadian housing landscape. When homeowners see their children all grown up and leave the nest, they have little need to own a larger residential property. In addition, the amount of work and cost to maintain a single-family home can be quite challenging for older households. Read more…
Important Things to Consider When Selling Your Home
Remax Blog
Selling your home is a big deal, and it often signals the start of a new adventure. Whether you’re upsizing to welcome new family members, downsizing for a simpler life in retirement, or moving for that dream job, the process is filled with decisions that go beyond just slapping a “For Sale” sign in the yard. Read more…
Bailey Street development in Squamish clears another hurdle
The Squamish Chief
The District of Squamish (DOS) council has given second reading to rezoning for the ‘Village on Bailey’ proposed development on the edge of downtown Squamish, paving the way for a future public hearing. Read more…
Whistler looks to flex new powers from province on short-term rentals
The Pique News Magazine
The Resort Municipality of Whistler (RMOW) wants to increase the amount it can fine non-compliant tourist accommodations (short-term rentals) by 200 per cent.
Under changes given first, second and third reading at the May 14 regular council meeting, fines issued under the Municipal Ticket Information System (MTI)—or more simply, Tourist Accommodation Fines—will increase from $1,000 to $3,000 per day under new maximums allowed by changes to the province’s Short Term Rentals Act (Bill 35). Read more…
Applications open for $40M loan program for secondary suites
The Pique News Magazine
The province opened applications on Thursday for a $40-million low-interest loan program to help homeowners build secondary suites, as part of its efforts to generate more affordable housing in B.C.
Premier David Eby and Housing Minister Ravi Kahlon launched the three-year incentive program at Castle Building Centre on Bay Street in Vic West. Read more…
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