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Posted on Jun 15, 2023
In this video Greg discusses the latest recommendations by the real estate board of Greater Vancouver to increase the property transfer tax exemption for first-time home buyers! Currently, if you're a first-time buyer purchasing under $500,000, you're exempt from the tax. However, rising home prices have made finding affordable options challenging...
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Cost of Living in Coquitlam
Posted on Jun 08, 2023
Join Greg Axford as he compares living costs in Coquitlam and Vancouver. Coquitlam is a more affordable option just outside of Vancouver. In Coquitlam, you can find cheaper houses, condos, and townhouses compared to Vancouver. Renting is also less expensive in Coquitlam. Other expenses like childcare, dining out, groceries, and leisure activities a...
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Underused Housing Tax 101. Do You Need to File?
Posted on May 30, 2023
This is a very brief simple description of who is affected by this new tax. The short answer is, if you own your own property, and are a Canadian citizen (or PR) you don't need to worry or do anything. Of course, we always suggest checking with an accountant familiar with the new legislation as there are some exemptions!
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Hold on Tight! Home Prices are Soaring Back to Peak Levels!
Posted on May 26, 2023
Greg discusses the current peak prices of houses in Greater Vancouver and how they're influenced by immigration and a shortage of homes. Greg shares data and insights on why more people are moving to Canada, increasing the demand for houses, while there aren't enough homes available. He also explains how this situation drives prices up and leads to...
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Buying A Presale in 2023
Posted on May 18, 2023
Thinking of buying a presale property in the Tri-Cities area and wondering if bypassing a realtor will save you money? Join Greg as he dives into this common misconception and provides expert insights to help you make an informed decision. While it may seem tempting to cut out the middleman, our experienced real estate professionals shed light on t...
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