Real Estate News & Updates  

Region's housing starts surge over '09 period - March 09, 2010
But HST, new mortgage rules credited more>>

2010 Olympics - March 01, 2010
Flag waving, chest thumping, wearing the colours, bursting into spontaneous choruses of Oh Canada. That’s different. If nothing else, the 2010 Olympic Winter Games in Vancouver and Whistler have provided an excuse for the most visible expression of national pride, perhaps outside of wartime. more>>

Faster, higher, stronger? - February 18, 2010
A look at what the Vancouver 2010 Winter Olympics may mean for the market more>>

Games to give B.C. 'short-term' boost But long-term positives possible - February 09, 2010
Anyone who wants to calculate the impact of the Olympics on B.C. had better acquire some halo-measuring mojo, two bank economists said Monday. more>>

Canada: "V" shaped recovery? - February 06, 2010
....it couldn't have been that easy, could it? Yet charting out the month over month GDP looks an awful lot like a "V" shaped recovery....well perhaps sharing some of the traits associated with its cousin the "U". more>>

10 Financial Resolutions for 2010 - January 28, 2010
Make a plan. Create a straightforward budget for the year and monitor it monthly or weekly. Each month, review your progress and revise where necessary. more>>

10 Tips for Staying Organized in 2010 - January 27, 2010
If you’re like most people, one thing that always makes your New Year’s resolution list is, “Get more organized.” more>>

World-class in 'unaffordability' - January 26, 2010
Vancouver is the least affordable housing market in nearly 300 metropolitan markets worldwide, according to a study released Monday. more>>

Good news on all fronts in housing - January 13, 2010
Average house prices in B.C. rose two per cent in 2009 as the province's housing market began with a whimper and went out with a bang. more>>

Real-estate prices rising rapidly - January 10, 2010
Not the best time to invest in the market as economy begins rebuilding more>>

House prices set to surge - January 08, 2010
Surge of activity expected after Olympics slowdown more>>

Success stories: Real estate bounces back - January 06, 2010
First-time homebuyers help boost sales by substantial numbers more>>

Prepare for coming mortgage-rate rise - January 04, 2010
Many people are tempted to take advantage of low mortgage rates before they start rising again, and before housing prices recover completely from the slide they took in 2009. more>>

CMHC sees home prices ready to rise - December 03, 2009
Housing markets across the Lower Mainland are headed higher next year, Canada Mortgage and Housing Corp. predicts more>>

Home bargains on way out - November 26, 2009
Mortgage rates and prices rising, fewer homes to buy more>>

Real estate's recovery to come in 2010 - November 17, 2009
Housing looks good, but other areas have excess capacity more>>

Bathroom spending gathers steam - November 10, 2009
a room to relax in: Flush Canadians are investing more time and money on high-end features and modern designs more>>

Get your roof in shape! - November 09, 2009
act now: By winter, it may be too late and too tricky more>>

Harmonize your house, mend your life - October 16, 2009
Purge your home of junk and you'll get a handle on your life more>>

Study those intereste rates - October 15, 2009
take your lead from the key central banks more>>

Pay attention to the state of your attic by Mike Holmes - October 14, 2009
insufficient insulation, ventilation are all too common more>>

Be sure to inspect your home inspector - October 05, 2009
Mike Holmes: Inspect the inspector more>>

Housing prices show signs of stabilizing - October 02, 2009
world trend: Buyer confidence increases more>>

Home buyers happy to fork out more green for greening - September 30, 2009
Smart owners would pay up for enviro-certification more>>

Housing market rebounds - September 26, 2009
Recession 'one of the shortest on record,' report says more>>

City's school population drops as families leave for cheaper regions - September 24, 2009
Elementary school enrolment in Vancouver is plunging because there isn't enough affordable, family-friendly housing in the city, a new report says. more>>

Vancouver sole exception across country - September 24, 2009
Easy to buy anywhere but here more>>

Recovery emboldens builders Vancouver's housing starts lead nation - September 10, 2009
Housing starts in the Vancouver area surged by a nation-leading 84 per cent between July and August as builders were emboldened by the recovering resale market. more>>

He buys soon, she buys now - August 18, 2009
Women know home is right for them first day they see it more>>

Vancity abandons interest-rate hike - August 12, 2009
Vancity credit union has abandoned its plan to increase interest charges on lines of credit after months of complaints from furious members. more>>

B.C. permits lead nation - August 07, 2009
'Too early to say' if sector is out of the woods more>>

JULY REAL ESTATE SALES REACH RECORD LEVELS IN FRASER VALLEY - August 06, 2009
(Surrey, BC) - Fraser Valley saw the highest number of real estate transactions ever recorded for the month of July. There were 2,089 sales processed on the Fraser Valley Real Estate Board's Multiple Listings Service® (MLS®), an increase of 62.3 per cent compared to 1,284 sales in July of last year. The previous highest July was in 2005, with 2,051 sales. more>>

Condo Owners Lament Loss of Loans - August 05, 2009
Abrupt Cancellation: Government action sparks scramble for alternative funding more>>

Analyst sees 'reason for optimism' as house prices rise - July 30, 2009
OTTAWA -- Canadian housing prices rose in May by 0.7 per cent -- the first time since October that they didn't decline month-over-month, according to a national index released Wednesday. more>>

Under 40? Victoria's calling to you - July 29, 2009
Vancouver ranks No. 3 among hometowns for young professionals more>>

Home sweet homes - July 15, 2009
'Housing sector has shifted into recovery mode' more>>

Top tips for buyers - July 14, 2009
expert advice: How to get the best mortgage more>>

Building boom won't last - July 11, 2009
Economists dampen hopes of sustained revival more>>

More People Can Afford to Buy BC Houses - July 09, 2009
Sales Start Picking Up: Vancouver costs drop but stay well ahead of the rest of the country more>>

Tax credit applies to rec property - June 28, 2009
Cottages qualify under home-reno program more>>

Island Development Pushed - June 26, 2009
Courtnall, Anderson Forge Ahead more>>

April tough month for Vancouver home prices - June 12, 2009
Vancouver posted Canada's sharpest drop in new home prices in April, Statistics Canada said yesterday. more>>

Asia's Growth Prospects - June 12, 2009
Serious recession have a way of accelerating existing trends. The rising importance of Asia for the world economy has been a fact of life for some time now. However, Asia's role has now increased exponentially. The economic recovery leaders will be Asia, not the United States. more>>

Pam's condos on hold - June 12, 2009
oceanfront project delay called 'blessing in disguise' more>>

Home buyers show confidence in the market - June 10, 2009
Despite a stream of negative economic news, most Canadians who've recently bought a home have confidence in their decision, according to a poll by the Canada Mortgage and Housing Corp. more>>

Women Buying In - May 27, 2009
Responsible for 60% of first-time home sales in B.C. more>>

Doors Open Wide For Homebuyers - May 20, 2009
Slower demand will depress Vancouver prices before sales recover in 2010 more>>

Easing Amortization Anxieties - May 20, 2009
Protecting buyers from deals that are just too sweet more>>

Rates rise for credit lines - May 20, 2009
Don't like to do it, but tighter margins force us, credit unions say more>>

Tax Savings For First Time Home Buyers - April 08, 2009
more>>

Home-equity leverage can be savvy financial strategy - April 04, 2009
Lower interest rates major focus more>>

Insurance? Don't leave a home without it - April 03, 2009
June Jell will never forget the time she and her husband John sat down with their agent and turned mortgage insurance down flat. Six months later, he died suddenly of a heart attack at the age of 59, leaving her struggling to keep up with house payments. more>>

Pay more now and save later - April 02, 2009
One of the least-known secrets among new homebuyers in particular is the huge effect the amortization period of your mortgage has on the interest you will pay during its lifetime. more>>

Cash in on buyers' real-estate market - April 01, 2009
BUT DO YOUR HOMEWORK: Many first-time buyers don't know how much house they can afford more>>

Home Prices: Slide Goes on - March 26, 2009
Canadian housing turns seller to buyer's market after five years more>>

Finding A Future Amidst The Furore - March 04, 2009
As a seller, sharpen your pencil. Do not worry about sales being down by 45 per cent; find out what you need to do to get your property into the 55 percent that sells. You cannot get the price of yesteryear – you need to be priced below the competition or take it off the market. more>>

That light at the end of the tunnel is a sold sign - February 25, 2009
There is all manner of measurement to consider when one is trying to determine just what side of the current recession one is living on. more>>

Wheel and deal on mortgages, but know the bottom line - February 15, 2009
Take these valuable hints aimed at the best deal for you more>>

Housing Prices In Decline - February 12, 2009
Vancouver and Victoria posted year-over-year declines in new housing prices in December, marking their third-consecutive month of erosion. more>>

Faint Flicker of Optimism - January 29, 2009
On the eve of what might be the biggest-ever injection of fiscal stimulus into the Canadian economy more>>

Current property decline won't last long: Rennie - January 26, 2009
'Now is time to buy undervalued property as financial blowout will be done by next September' more>>

Big banks act quickly to pass on rate cuts - January 22, 2009
Rapid response down to eased short-term borrowing costs more>>

Year of the Deals - January 12, 2009
His final advice: work with a sharp realtor, do your research and make an offer. more>>

White House takes hit, too - January 09, 2009
It is still about $27 million less than value a year ago more>>

Canada's office market still in good shape - December 24, 2008
“Canada’s office market is well positioned going into the projected recession, thanks to its strong performance during recent years that drove vacancy rates down to historically low levels and continued to drive rents higher through 2008,” more>>

End of boom isn't a bust - November 21, 2008
Another big bank contended that even the recent 10-per-cent fall in Canadian housing prices is significantly overstated. more>>

Housing prices drop in Metro Vancouver - October 04, 2008
B.C. Real Estate Association chief economist Cameron Muir does not foresee a U.S. style meltdown in B.C. He said "We don't have the subprime mortgage crisis they have and there is no spike in mortgage rates on the horizon or sharp increases expected in interest rates." more>>

Why the housing market is not set to melt down. - October 01, 2008
It's difficult not to be affected by all the media that is dominating the news these days. So a recent article in the Globe & Mail is encouraging. In the article, Scotiabank’s economics department cite several reason why the Canadian mortgage market is healthier then that of the United States. more>>

Lower Mainland real estate values will stay strong - September 25, 2008
Real estate is local by nature and when there is an overall downturn some areas will fare better than others, says Grant Murray, vice president of sales for the Concord Pacific Group of Companies. “To some extent, we are in the best possible location in North America for real estate to hold prices and continue upwards.” more>>

Abbotsford the best place in BC to do business! - September 12, 2008
Abbotsford placed 17th in Canada above Vancouver in the Canadian Business Magazine's annual top-40 list of the country's best business locales. It is the second year in a row Abbotsford has been named B.C's best place to do business. more>>

Co-ownership is what many canadians are turning to - September 11, 2008
Affordability is what drives some canadians into co-ownership, for others it is a way to invest instead of buying stocks and bonds in a volatile market. Eric Shackleton from The Canadain Press gives a good overview of why many are turning to co-ownership and what to watch out for. more>>

Housing Starts to Moderate in 2008 - August 18, 2008
According to Canada Mortgage and Housing Corporation's Housing Market Outlook, new home construction will begin to slow in 2008, but will remain high by historical standards. In BC an increase in the number of existing homes for sale will offer more choice to home shoppers and reduce new home demand. Read on to learn more about the Housing Starts forcast for 2008 and 2009. more>>

Vancouver and Chillawack have scored well as tax friendly cities! - August 01, 2008
Chilliwack is among other cities which have scored well as being one of the most tax friendly cities in Canada. According to a global survey by an international accounting firm, Canada has the third-lowest tax cost for businesses among 10 countries. Vancouver had the fourth lowest overall tax burden while a survey of corporate executives ranked Canada as the fifth-best country outside the U.S for business investments. more>>

Credit squeeze will hit the 40 year mortgages - July 28, 2008
New rules taking effect October this year will curb first-time buyers. No more zero-down loans will cool the real-estate market. The new rules are aimed to avoid a housing meltdown like the one in the US. An article written by Fiona Anderson from the Vancouver Sun explains how this may affect first time buyers. more>>

Budgeting today for your dream tomorrow! - July 16, 2008
Budgeting is something many of us don’t actually do. We dream of having an investment property, a cabin on a lake or that extra money to renvote our home. By starting a budgeting plan today you'll be surprised how quickly you might find that extra money to invest or to make those improvements to your home. Here are six simply steps to start budgeting today. more>>

New federal regulations came into effect! - July 03, 2008
Homebuyers and sellers need to provide a little more information to their realtors from now on. New federal regulations came into effect that requires your realtor to ask you for some personal information and identification. It is something many of you may have questions about and we wanted to provide you with some information that you may find helpful. more>>

Abbotsford is leading the way... - June 26, 2008
Abbotsford is expected to have the highest growth in the nation! It could rise 2.9 per cent in 2009! Abbotsford is one of only 3 cities to post a GDP growth of more than two per cent this year. more>>

Joint home ownership opens up some pitfalls - June 23, 2008
Ray Turchansky has written an article discussing what friends and families should consider when purchasing a home together. In today's market more and more families are getting together to purchase property. A great way for young couples to get into the market, but it is important to let a professional set the terms down on paper. more>>

Rent continues to rise - June 18, 2008
Monthly rates for a 2 bedroom rental property have risen. At 9.1 per cent, Abbotsford posted the nation's fourth highest year-over-year rent increase for two bedroom apartments in existing structures. Paul Luke from The Province talks about how the cost of rent is being pushed higher. more>>

High prices won't stop the buying - June 11, 2008
A recent article by Wendy McLellan in The Province newspaper, states BC is leading the nation in home ownership. Although owning your own home comes at a price, more and more people are trying to buy their own home rather then rent. A positive factor that helps increase neighbourhood stability. more>>

Supporting the community - June 04, 2008
The Eximus Team is proud to sponsor local sports teams in our community. As an active sponsor for minor fastball teams it was fantastic to see the Mission Thunder Girls Fastball Team win gold this past weekend! more>>

A staged home is easier to sell. - June 03, 2008
Sprucing it up really pays off. Staging a home can help sell your home quicker. Getting rid of clutter, choosing neutral colors and even giving your home a really good deep clean can go a long way when you put your home on the market. more>>

It's Tax Time! Property Tax that is... - June 02, 2008
Increases in property tax is felt all over the lower mainland. Bills of single-family Vancouverites jump 14.2 per cent. Value of property is still increasing but this means so is the property tax. Mario Tomsich is one of thousands of single-family Vancouver homeowners whose property taxes have surged an average of 14.2 per cent, seven times the rate of inflation. more>>

Keeping your home secure and locking out crime! - May 29, 2008
Don't make your home an easy target for thieves. There are many things you can do to help deter a buglar from breaking into your home. Often it's the simple things that are overlooked that can make a difference. Prevent your home from being an easy target. more>>

Home sales lose some sizzle - May 07, 2008
House prices are forcast to still rise this year but a balance has started between supply and demand and buyers and sellers. It's a relief for home buyers with listings up by 24 per cent in the first quarter of this year. more>>

Keeping your home a safe & healthy place to live. - May 06, 2008
Regular Maintenance is the key! Inspecting your home on a regular basis and following good maintenance practices is the best way to protect your investment in your home. Whether you take care of a few tasks at a time or several all at once, it is important to get into the habit of doing them. Establish a routine for yourself and you will find the work is easy to accomplish and not very time consuming. more>>

A compliment goes along way, especially when it comes from our clients. - May 02, 2008
The Eximus Team always welcomes our client’s feedback and we encourage it! Providing our clients with a questionnaire after a sale is complete is a way for us to keep track of our level of service. At The Eximus Team we do our utmost to provide exceptional customer service and to exceed the expectations of our clients. more>>

Lop years off your mortgage - May 01, 2008
There are ways to drive down a mortgage by lump sum or weekly payments. It may mean looking at your spending habits to find the extra money to pay off your mortgage quicker, but it can be done. Making bi-weekly or weekly payments could lop years off your mortgage. more>>

15 real estate myths & realities - April 27, 2008
Lower Mainlanders are said to be savvy about property. Read on to see how your knowledge stacks up. This is an article written by Derrick Penner for the Vancouver Sun. It is a great article filled with information that will put to rest some of the myths about real estate in the Lower Mainland. more>>

Exciting new Google Map Property Search from the Eximus Team! - April 24, 2008
Eximus Real Estate Team is pleased to announce the launch of its new Google Maps powered property search feature. A new and easy way for property seekers to find a home in their desired area, price range and specific requirements such as the number of bedrooms they would like! more>>

First-time buyers find way to get a home - April 23, 2008
B.C. market still healthy as people 'steadfast in their determination' to own, report says. Despite continuously rising prices, first-time homebuyers are still finding ways to get into the market, real estate firm Re/Max said in a report Tuesday. more>>

Helping to prepare your home for the market - April 10, 2008
Getting your home ready for the buyers to come through may seem overwhelming at first. It doesn’t have to be! Here is some information that may help you get started as you prepare your home for the market more>>

Eximus...Defining who we are - April 03, 2008
Many of you have asked the question, why does Remax Randy Dyck have a new image? Well, it was time to define who we are. Same Familiar faces, lots of fresh ideas and a commitment to serve you better. The image of the Eximus Real Estate Team is the physical manifestation of an 18 month ongoing journey developing within our company to improve the level of service we offer our clients. more>>

eximus (Latin origin): extraordinary, uncommon, exceptional, excellent, superb.