NUMBERS: SALES WAY DOWN. PRICES UP OVER SEPTEMBER 2015, DOWN OVER APRIL 2016 OUTLOOK CONFERENCE SPEAKERS OUTLINED THE 2017 OPPORTUNITIES OZZIE JUROCK: THE ECONOMY AND HOUSING MARKETS KYLE GREEN: GET REFINANCED NOW! CHARAN SETHI: SURREY IS THE FUTURE RAY LEVESQUE AND DAVID SEINBERG: INVEST WHERE YOU RETIRE. TREVOR BOLIN: THE NORTHEAST B.C. BOOM RICK HOOGENDOORN: VICTORIA REAL ESTATE OPPORTUNITIES BIG PENSION FUNDS BAILING OUT OF METRO VANCOUVER PRIZED ASSETS ON BLOCK AS BEAN COUNTERS PLAY ODDS TRUMP OPENING SIGNALS HOTEL BOOM ACROSS B.C.
(OUT-OF-THE-ROUGH) GOLF COURSES TO BUY INTO NOW Three of four look like winners WHERE PRICES FELL ON WEST SIDE VANCOUVER LUXURY PRE-SALE CONDOS DEFY TAX FEARS ZONING CHANGES THAT WILL DRIVE LOT PRICES HIGHER WHAT HAPPENS IF RATES GO NEGATIVE? NOT MUCH FOR BORROWERS PROVINCE RAKES IN TAXES FROM FOREIGN BUYERS THE PPT WAS SUPPOSED TO APPLY ONLY TO THE TOP 5% OF TRANSACTIONS – NOW? 95% DO NOT MISS JUROCK’S OUTLOOK 2017 CONFERENCE
SOUTH SURREY VS LOS ANGELES VS LONDON VS NYC BULLISH HOME BUILDERS AS HARBINGERS WHAT TO WATCH IN METRO VANCOUVER SUBMARKETS? U.S. FLIPPING UP 20%; TYPICAL GROSS US$54,000 10 LEAST AFFORDABLE AMERICAN CITIES HOT PROPERTY: 298 ACRE RANCH FOR $299,000
HOT PROPERTIES – PRESALE IN THE INTERIOR - $270,000 - MAKE MONEY WHILE YOU WAIT FOR COMPLETION BEST SHORT TERM: THE ISLAND AND OKANAGAN BEST LONG TERM: KOOTENAYS AND THE NORTHEAST B.C. SOME SURPRISES IN RECREATIONAL INVESTMENT REPORT PRICE FATIGUE FORCES METRO VANCOUVER SALES DOWN RENTING THE FUTURE FOR MILLIONS OF AMERICANS SENIORS PAY HIGHER RENT THAN MILLENNIALS
VICTORIA STARTING TO BURN FRONTLINE DISPATCHES FROM THE MOTHER OF ALL HOUSING BOOMS NEW PRICE RECORD SET FOR 33' LOT IN KITSILANO FOREIGN BUYER MISCUE SHOWS DANGER OF FAST MARKET NEW $740,000 CONDOS NOW "AFFORDABLE" VACANT OFFICE TOWERS SHOW LOCATION NOT ENOUGH VANCOUVER FLIPPERS: HAVE YOUR MORTGAGE BROKER ON SPEED DIAL U.S. HOME BUYERS UNDERESTIMATE EQUITY BUYING WITH A TENANT ALREADY IN PLACE
There is a lot of tight tracking of Canadian citizens visiting the US. The new computer system knows every day that you spend visiting. That has an impact on the rules under which you might have to file a tax return.
There is some confusion about how long one can stay before one has to file a US tax return. Well, there are two rules.
One … you go for 183 this year and you are fine. Over that you are considered a “resident alien” for U.S. tax purposes and must file a regular U.S. tax return.
Two: There is also correct that for the […]
SNOWBIRDS NOTE: REVISION AND CORRECTION SINGLE FAMILY PRICES UP AN OUTLANDISH 25% WHAT IF THE OFFSHORE BUYERS QUIT COMING? - Scary scenario sketched by the BC Minister of Finance CALGARY HOTEL MARKET TANKING; VANCOUVER TOWERING COMPARING 8 OF CANADA'S CONDO MARKETS B.C.'S BIGGEST PENSION FUND BUYING RV PARKS SELL A HOUSE, BUY AN APARTMENT BUILDING TROUBLED MT.BALDY MAY HAVE FOUND A BUYER - and Whistler home sales are finally recovering 5 FACTORS IN FUTURE REAL ESTATE MARKETS
At my outlook conferences I stated for 4 years that we had two markets – the very rich and everyone else. 4 YEARS!
Now Bloomberg calls Vancouver: North America’s Costliest City and says that “Rich Chinese Take the Blame – more and more point fingers at Chinese money”driving prices.
Actually when Bloomberg puts it on its front page it may be over! Having said that the fact is that Vancouver’s EAST SIDE EVEN IS MORE EXPENSIVE THAN NEW YORK! It is getting crazy. East Vancouver detached house prices have rocketed up 24% in the past year and are now increasing, on average, by $20,000 to $30,000 a month.
To put this in perspective, […]
- OZZIE TALKS ... - STRAIGHT FROM OUTLOOK 2016 BUY BIG RESALE CONDOS, NOT NEW WAKE UP TO ALBERTA OPPORTUNITIES MORTGAGES CHEAP - BUT HARDER TO GET OZZIE 20 ASTOUNDING PREDICTIONS - BC IMMIGRATION DECLINE CONTINUES - CLOSE UP: NEW CONDO INVENTORY IN 4 MARKETS
DON'T LOOK NOW BUT IMMIGRATION TO B.C. HAS GONE NEGATIVE More people coming from Saskatchewan than all of Asia HERE'S AN IDEA: BUILD ON TOP OF RENTAL HIGH-RISES MORTGAGE SCRUTINY GETTING TIGHTER, NOT SMARTER PRIVATE MEETING ON HOW TO STOP FOREIGN INVESTORS PLANNED BRIDGE TO COAST WOULD DOUBLE VANCOUVER-CITY LAND BASE STRATA INDUSTRIAL REMAINS TRICKY FOR INVESTORS Harder to post positive cash flow than with a residential condo ALBERTA COMMERCIAL MARKET HAMMERED BY OIL PRICES