real estate

/Tag: real estate

April 2017

Facts By Email #15 – Winnipeg Best Hope For Prairie Landlords

By | 2017-04-21T13:47:36+00:00 April 17th, 2017|Facts By Email|

QUESTIONS, QUESTIONS PROXY PAPER MAY COVER EMPTY HOME TAX VICTORIA HAS AN AGENT FOR EVERY MLS LISTING WINNIPEG APPEARS BEST HOPE FOR PRAIRIE LANDLORDS VANCOUVER CHARACTER HOME PLAN COULD REDUCE HOUSING STOCK AND REDUCE HOUSING VALUES DOWNTOWN CALGARY HAS 230 ACRES OF EMPTY OFFICES "SQUEEZED" TRAILER PARK OWNERS EYE EXIT AS TAXES SOAR, RENTS CAPPED POWELL RIVER POST AMONG HIGHEST SALES INCREASE IN B.C.

Facts By Email #14 – Poloz Is Entirely To Blame For Higher House Prices

By | 2017-04-12T19:11:45+00:00 April 10th, 2017|Facts By Email|

QUESTIONS, QUESTIONS A NUMBERS ROMP – FROM TORONTO TO KELOWNA LANDLORDS SHOULD CHEER RISING CONDO PRICES PAPERWORK TO BE SENT FOR VANCOUVER VACANCY TAX CLOSE UP VANCOUVER DETACHED MARKET COMMERCIAL; PLAY HARDBALL IN LEASE TALKS OPTIONS WHEN SELLING BUSINESS WITH REAL ESTATE

March Market Report

By | 2017-04-08T12:39:43+00:00 April 8th, 2017|Hot Tip|

  • Sales higher in Toronto (+18%) Calgary (+20%) and Edmonton
  • Sales lower in Vancouver (-31%), Fraser Valley and Victoria (-17%)
  • Toronto sales of 12,077 are more than Vancouver, Calgary and Edmonton, Victoria and Kelowna (10,751) together
  • Average prices higher ALL CITIES, down in Vancouver
  • Alberta jobs higher in March (highest percentage increase in Canada)
  • SF homes and condo sales have decoupled in the Lower Mainland

Normal General rules

Sales higher, listings lower = prices higher later

Sales lower, listings higher = prices lower

NOW in Vancouver – THE NEW NORMAL:

Sales lower and listings lower … prices hanging in there

MAJOR POINT

  1. Last March/April sales were at all-time highs. Likely, we are […]

Nanaimo Departure Bay Beach Condo

By | 2017-04-08T11:53:00+00:00 April 8th, 2017|Hot Property|

  • $214,900 – 2 bed, 1 bath condo across the street from Departure Bay Beach. Rentals allowed;
  • $579,900 – 5 bed, 3 bath, 2-year-old home including a 2 bedroom suite in central Nanaimo. RV parking, Detached shop;
  • $399,900 – 11 acre parcel of land located in Chase River area of Nanaimo. Drilled well and a private road. Zoned agricultural;
  • Beaver Valley, 40 km northeast of Williams Lake, 160 acres lakefront with 1400 metres of lake frontage, $498,000.

 

DISCLAIMER: View any posting on this website with the understanding that “Jurock Real Estate Insider (JREI)” and it’s website www.jurock.com are not responsible for any result or results of any action or actions […]

Facts By Email #13 – Freakonomics: Vancouver Has A Pretty Good Problem

By | 2017-04-04T18:06:45+00:00 April 4th, 2017|Facts By Email|

QUESTIONS, QUESTIONS THE NUMBERS, THE NUMBERS – VANCOUVER RED Talk speakers puts housing “crisis” in proportion VANCOUVER RENTS “REASONABLE” ON GLOBAL SCALE METRO LAND SALES POINT TO HIGHER CONDO, RENTAL PRICES FOREIGN-BUYER TAX IMPACT EXPECTED TO WANE FIRST-TIME AID MAY JUST PULL BUYERS FORWARD SURREY CENTRE STRATA OFFICES QUIETLY AVAILABLE TO INVESTORS BC LANDLORDS WARNED ABOUT GROW-OP SURGE SASKATCHEWAN LANDLORDS FEAR TENANT DEFAULTS

Mission: Turnkey cash flow deal

By | 2017-04-01T11:11:11+00:00 April 1st, 2017|Hot Property|

  • List price $529,900,
  • 5 bed, 3 bath,
  • 2 suites,
  • 4 days on the market,
  • Current rent $2,295 plus utilities (1 tenant at $1,295 could be increased to $1,600 and lower suite at $1,000),
  • Well maintained, fully contained separate suites,
  • Walking distance to downtown Mission,
  • Close to West Coast Express commuter train.

 

DISCLAIMER: View any posting on this website with the understanding that “Jurock Real Estate Insider (JREI)” and it’s website www.jurock.com are not responsible for any result or results of any action or actions taken in reliance upon any information contained in any posting, nor for any errors contained therein or presented […]

March 2017

Facts By Email #12 – Prices Are Rising Everywhere

By | 2017-03-27T18:38:56+00:00 March 27th, 2017|Facts By Email|

MULTIPLE OFFFERS ARE BACK – ARRGH! B.C.’S FIRST-TIME BUYER INCENTIVE – NOVICES ARE FINDING AND BUYING HOMES WITH AN AVERAGE OF $9,720 DOWN CCA: DON’T THINK CHANGE ISN’T COMING – Hints and concerns from the 2017 federal budget METRO’S APARTMENT BUILDING MARKET STUMBLES – Sales slip in a market priced to perfection “YIMBY” SHOUT-OUT REACHES VANCOUVER – San Francisco activists protest for more density NEW YMCA COMING TO SURREY CITY CENTRE

Facts By Email #11 – Irish Wake: Wee Country Has 198,000 Vacant Houses

By | 2017-03-20T18:28:09+00:00 March 20th, 2017|Facts By Email|

NO SUBJECT OFFERS – A SCOURGE DOWNSIZING TO A HOUSE – RISING STRATA PRICES MAY MAKE IT POSSIBLE MARKETS ARE HEATING UP – MULTIPLE OFFERS APPEAR AGAIN IN THE VALLEY LARK IS MAKING SURREY STRATA COMMERCIAL SING BC NDP WANT TO MAKE FOREIGN TAX RETROACTIVE TO WAY BACK NORTH VAN CITY TO OK 3 HOMES ON ONE LOT SMALL STRIPS BEST BET FOR RETAIL INVESTORS CONDO MARKETS ARE RISING INTO SPRING – PRICES ARE MOVING UP

URGENT NOTE: Your Home Profit Is Now Taxable (In Part!)

By | 2017-03-18T10:56:26+00:00 March 18th, 2017|Hot Tip|

The Trudeau Liberals announced that you now have to report the sale of your home on your income tax return. Up until now when you sold your ‘primary residence’, you didn’t have to pay any taxes on the money you may have made as profit.

Point Roberts

By | 2017-03-18T10:55:21+00:00 March 18th, 2017|Hot Property|

Vacant lot: 1/3rd acre $49,000

Mansion: 4,157 sq feet $1,479 mill

Cottage: TLC $185,000

 

DISCLAIMER: View any posting on this website with the understanding that “Jurock Real Estate Insider (JREI)” and it’s website www.jurock.com are not responsible for any result or results of any action or actions taken in reliance upon any information contained in any posting, nor for any errors contained therein or presented thereat or omissions in relation thereto. It is further understood that the said JREI does not, pursuant to this posting, purport to render legal, accounting, tax, financial planning or other professional advice. The said JREI may or may not own […]