Blog by The Schacter Team

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Governments add to house prices through taxes and zoning rules

August 25th, 2010

Even allowing 'mortgage helper' suites drives up costs

Why I wouldn't mind being a first-time buyer right now

August 23rd, 2010
Buyer's market improves opportunities at bottom of ladder; HST threshold unlikely to create stumbling block for real estate newbies

By Peter Simpson, Special to the Vancouver Sun
August 14, 2010

Real estate pundits are starting to announce -albeit somewhat apologetically, in some cases -that the Metro Vancouver real estate market is now leaning away from sellers in favour of buyers.

Hey, ...

Two million reasons for high prices

August 23rd, 2010
Vancouver's housing affordability problem boils down to too many people on too little land
By Don Cayo, Vancouver Sun
August 21, 2010

What drives Vancouver's house prices so relentlessly to levels four times higher than Winnipeg's, and more than half again what Torontonians pay?

It's simple, says Tsur Somerville of UBC Centre for Urban Economics and Real Estate.

"If you want Winnipeg-l ...

Home sweet home: What to do about falling real estate values

August 19th, 2010
By HARVEY ENCHIN 8 AUG 2010 EVERYBODY'S BUSINESS

I penned this editorial to calm fears that the real estate market in Vancouver was collapsing and I've added some brief comments at the end.

Living in Canada's most expensive housing market, residents of the Lower Mainland are obsessed with real estate prices and mortgage rates.

And no wonder. The benchmark price for detached homes in Metr ...

Homebuyers shouldn't expect hot deals as housing market cools: experts

August 16th, 2010

August 15, 2010 - 06:00

Sunny Freeman, The Canadian Press

TORONTO - Sellers are facing more empty open houses and fewer bids on their homes, but experts say buyers shouldn't expect to see a retreat from record-high home prices when July housing data is released Monday.

Home sales have fallen 25 per cent since reaching a peak at ...

Tips for first-time homebuyers

August 12th, 2010

Posted Aug 12, 2010

BY EMC NEWS
EMC Lifestyle - For many, buying a home is one of the first - and biggest - goals in life. But the process of finding that first house and arranging to pay for it can also be one of the most complicated tasks in life. Especially when finances are limited, the market is pricey and there's so much choice.

Chartered Accountant Suzanne Schultz is a financial plan ...

Laneway housing takes off in Vancouver, but is a tougher sell in other Metro cities

August 11th, 2010
Coach houses catching on as a way to densify single-family neighbourhoods

By Kelly Sinoski, Vancouver Sun
August 9, 2010

There was no way Allan Bernardo could afford to buy his own home in his east Vancouver neighbourhood. But thanks to the city's laneway housing policy, he's going to have his own "Fonzie suite" in the family's backyard.

The new bachelor pad, which is under construction, ...

Housing buyers disappear

August 9th, 2010

There are a lot of unsold homes in Langley, as buyers fled the market in droves in July.

Home sweet home: What to do about falling real estate values

August 9th, 2010
By HARVEY ENCHIN 8 AUG 2010 EVERYBODY'S BUSINESS
Vancouver Sun

I penned this editorial to calm fears that the real estate market in Vancouver was collapsing and I've added some brief comments at the end.

Living in Canada's most expensive housing market, residents of the Lower Mainland are obsessed with real estate prices and mortgage rates.

And no wonder. The benchmark price for detach ...

B.C. brokers expect fewer transactions this year

August 4th, 2010

Vancouver Sun July 31, 2010

Where those of us who own residential property may have been this year and where we might be for the rest of this year and next year were the subjects of news releases this week.

The brokers' professional association, the British Columbia Real Estate Association, released two forecasts, for the rest of the year and for next year.

Multiple Listing Service volume ...

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