tinaradio

Blog by Tina Mak

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5613 UNION Street, Burnaby North, British Columbia

June 15th, 2009
I just sold this House at 5613 UNION Street, Burnaby North, British Columbia . View this recently sold House or see all my home sales

Are you still worry about Vancouver housing market?

June 3rd, 2009
Although there are still negative news about worst economy has yet to come, there are definitely more and more positive news than couple of months ago. B.C. Real Estate association in last November said housing price in 2009 would drop another 9%, in Feb, 2009, they raise it to 13%, last week they trim it down to 8% drop but IT HAS ALREADY HAPPENED. For those who follow religiously what the e ...

Fixed rates may be on the move UP...

May 28th, 2009
It's time to keep an eye on fixed rates, as the bond yields and spreads on 5 year fixed are pointing to a potential rise in rates.May 25th Market News:U.S. confidence data drives sharp loonie rally -TSX rallies as BMO tops estimates-Oil hits six-month high on consumer confidence§ TSX+216.40 to 10,285.90 climbed to their highest closing level since October on a big jump in U.S. consumer confid ...

Public sees light at the end of the tunnel!

May 11th, 2009
Recently,all the newspapers and media headlines are way more postive with "Things are getting better", "Canada's economy might have bottomed out already. If not, it will likely do so within months", etc. It's harder and harder to resist being optimistic about the economy. The gain of more than 35,000 jobs in Canada last month was contrary to all forecasts. Remember economists back in December ...

Obama eyes Canada as bank model

May 8th, 2009
Toronto Star David Olive BUSINESS COLUMNIST Barack Obama, contemplating sweeping reforms to the U.S. financial system, cited Canada as a model worth emulating in an interview published yesterday. "You know, I've looked at the evidence so far that indicates that other countries that have not seen some of the problems in their financial markets that we have nevertheless don't separate between ...

5613 UNION Street, Burnaby North, British Columbia

May 6th, 2009
I just finished uploading this House for sale, 5613 UNION Street, Burnaby North, British Columbia Southern exp. view from this 1 owner Italian quality blt hm on high side of the St. Big lot w fenced yard perfect 4 kids &pets. Spotless clean, 2 pc ensuite w his/her closts. Ground fl w/unauthorized 1 br suite, great workshop&wine cellar.

5613 UNION Street, Burnaby North, British Columbia

May 6th, 2009
I just finished uploading this House for sale, 5613 UNION Street, Burnaby North, British Columbia Southern exp. view from this 1 owner Italian quality blt hm on high side of the St. Big lot w fenced yard perfect 4 kids &pets. Spotless clean, 2 pc ensuite w his/her closts. Ground fl w/unauthorized 1 br suite, great workshop&wine cellar.

Change of Vancouver major banks lending policy

May 3rd, 2009
1) Power of Attorney: pls be awared that many bank will not accept power of attorney anymore or the policy has been tightened. The policy is different from bank to bank. Some banks need buyer to be in town to sign the application form and may accept power of attorney during closing & some is the other way round. For overseas buyer, please don't assume the power of attorney has the same power ...

Pent Up Demand!

April 30th, 2009
Just a quick note to share with u that the market is turning around way faster than we expected. I'm sure you don't need me to tell u that it's interest rate related together with the great housing price. My colleagues and I are facing between 2 - 10 multiple offers on the regular basis now. It covers everywhere not just downtown, it's in the Fraser Valley to Westside & downtown of course. So ...

US New Housing Appraisal Rules Starting on May 1st, 2009

April 27th, 2009
  In the last several years, some significant changes in both the real estate and home loan sides of the housing industry have had an impact on real estate transactions. The issue I would like to bring to your attention today could go further and affect the way you do business. The Home Valuation Code of Conduct (HVCC), which becomes effective May 1, 2009, governs the way in which appraisals ...
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