Blog by The Schacter Team

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BC Budget Assists Housing Affordability and the Environment

February 27th, 2008

Vancouver, BC, February 19, 2008 - First-time homebuyers and current owners will potentially benefit from measures to improve the affordability and sustainability of homes introduced in today's provincial budget.

Improvements to Housing Affordability

Commenting on today's budget, Tony Joe, Victoria REALTOR® and president of the Victoria Real Estate Board, identified key policy changes fo ...

First Time Home Buyers Property Transfer Tax Adjusted!

February 27th, 2008
The Government has issued amended First Time Home Buyers requirements.

The qualifications for the exemption have changed. A first time home buyer can now qualify for a full exemption with a purchase price of less than $425,000.00 (previously $375,000.00).

A partial exemption is available if the purchase price is more than $425,000.00 but less than $450,000.00.

Also, there is n ...

RE/MAX Decade in Review report: 1997-2007

February 27th, 2008

2008/02/21

Marie Selby
RE/MAX of Western Canada
Phone: 250-860-3628

Eva Blay/Charlene McAdam/Kim Kofman
Point Blank Communications
Phone: 416-781-3911

RE/MAX Decade In Review Report: 1997 - 2007

Residential real estate markets across Canada post solid gains over pas ...

RE/MAX Agents Raise $67,000 for the

February 27th, 2008

Children's Miracle Network at Conference

Kelowna, BC (February 25, 2008) - RE/MAX associates once again showed their generosity and compassion, raising $67,000 with the silent and live auctions at the annual "Breakfast of Champions" in support of the Children's Miracle Network and its affiliated hospitals. The event was held on February 9th during the RE/MAX of Western Canada 25th Annual ...

BCREA supports BC Government’s Brownfield Renewal Strategy

February 27th, 2008

BCREA supports BC Government's Brownfield Renewal Strategy
Innovative solution will produce new green benefits from old sites

Vancouver, BC, February 25, 2008 - The British Columbia Real Estate Association (BCREA) expressed its support today of the BC government's announcement of a $10 million remediation fund and supporting strategy to revitalize abandoned and underutilized lands known as ...

NORTH AMERICAN & INTERNATIONAL ECONOMIC HIGHLIGHTS

February 27th, 2008

NORTH AMERICAN & INTERNATIONAL ECONOMIC HIGHLIGHTS

The subprime mortgage default swap market may be pricing in a darker picture than the one likely to emerge,
but that will not help the valuations of American financial institutions in the coming months. An
unprecedented drop in house prices and the resulting surge in negative equity positions will continue to put
upward pressure on de ...

Federal Budget Report from BDO Dunwoody

February 27th, 2008

Highlights

  • $10.2 Billion Debt Repayment in 2007/08
  • New Tax-Free Savings Account Introduced
  • Rules for Dispositions of Taxable Canadian Property Streamlined
  • SR&ED Enhancements for Small and Mid-Sized Businesses

Overview

"Responsible Leadership For Uncertain Times"

Today, the Honourable Jim Flaherty tabled his third budget as Minister of Finance. Faced with a slowing economy ...

9022 203B Street, Langley, British Columbia

February 24th, 2008

I just finished uploading this House for sale, 9022 203B Street, Langley, British Columbia

Beautiful custom built home in very desirable area of Walnut Grove. updating and crown moldings throughout. Detached office/workshop, with small equipment room and security system-perfect for a home business. Cul-de-sac location with fenced backyard with greenbelt view. Gourmet kitchen great for entert ...

Expect Balance

February 18th, 2008


T h e B u l l et i n • f eb r u a r y 2 0 0 8 - V o l u m e 3 1 , n u m beR 1 f eb r u a r y 2 0 0 8
By Cameron Muir,
BCREA Chief Economist

What a difference a year can make. This time last year, BC housing markets were showing signs of fatigue: inventories were edging up, sales were trending down and moderation in housing demand appeared imminent. While affordability was the largest constr ...

BC Home Sales Edge Down

February 18th, 2008

Vancouver, BC - February 18, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC climbed 8.8 per cent to $2.25 billion in January, compared to the same month last year. Residential unit sales dipped 5 per cent to 4,949 units during the same period. The average MLS® residential price in the province ...

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