Richmond BC Real Estates

Real Estate Agent
This blog is about the real estate market in Richmond, Vancouver and Greater Vancouver. > Richmond detached homes, townhomes and condos/apartments for sale > Selling and buying your home in Richmond, Vancouver and Burnaby
Federal government rules out 40-year and zero-down mortgages "In an announcement released today, the government said government-backed mortgages would require a minimum down payment of five per cent and a maximum amortization period of 35 years. The borrower would have to have a consistent minimu...
Canadian Columnists Linda Leatherdale on 2008-05-04 posted on Canoe Money a timely article on the Canadian Housing Market - "Opening door on market" "Some feverishly argue there's no way Canada's real estate market will crash and burn like the U.S. market, where one prominent analyst warns that ...
Finance Minister Jim Flaherty recently suggested it might be wise to outlaw 40-year mortgages. "A recent Statistics Canada study showed Canadians are finding themselves with two mortgages and deeper in debt than at any time in their lives. They are increasingly house poor, and with housing values...
The following is a Financial Post article on Candaian interest rates as presented by a panel of economists: A panel of nearly a dozen non-government economists Thursday urged the Bank of Canada not to go ahead with an expected further interest-rate cut Tuesday, with some members voting for a rate...
Real estate agent raffling off his Spanish apartment to settle debts "An unemployed Spanish real estate agent is selling raffle tickets in a bid to get rid of his $500,000 apartment in Ciempozuelos, near Madrid, because he is behind on his mortgage payments and cannot sell it." Read more... This ...
For the month of May 2008, the following real estate articles highlighted the real estate market scenes in Canada: Economists sees no reason to worry Immigration main driver behind frenzied activity Survey: 56 more condos so far in '08 Economic Retreat Sparks Use Of R-Word Westerners Look To Mari...
Canadian Real Estate Market News Articles For the month of April 2008, the following real estate articles highlighted the real estate market scenes in  Canada: Mortgage market enters 'uncharted waters': Scotiabank Ottawa the place to live in Canada: MoneySense Look back, look a long way back Slid...
The housing market in UK follows the US and has been in decline for a few months. Below is an article from Larry Elliott at The Guardian published on Friday May 30 2008: Any suggestion that Britain's overblown, over-hyped and over-valued property market is due for a soft landing after the excesse...
Here is the 10 weeks 5-year bond rate as reported by the Bank of Canada. Copyright © 1995-2008, Bank of Canada. The gradual increase in the bond yield over the past 10 weeks confirmed the earlier RBC Economics's quaterly rate forecast that future interest rates were likely to go up.
GST Payable On A Real Estate TransactionIn British Columbia, GST is applicable to many services involved in a real estate transaction, including real estate sale commission, appraisal, home inspection, lawyer fees, etc. The exception and exemption for GST payment are on resale homes, home mortga...

James Wong Vancouver Richmond

Chinese Realtor, Vancouver > Richmond
local_phone(604) 721-4817
smartphone(604) 721-4817
Contact The Author