Coldwell Banker - Westburn Realty

Nov. 06,2010Interview with Danny Chow from Rennie & Associate discuss what caused financial problems at the Olympic village Please click Podcast(Part 1) and (Part 2) listen to Cantonese interview How city hall messed up Millennium Water By adding millions of dollars to the cost unnecessarily, Vancouver created the problem that it's trying to get everyone else to solve BY ROB MACDONALD, S ...

 Please click Podcast(for point 1 to 8) and Podcast (for point 9 to 21) listen to Cantonese interview1. Home Buyers’ Plan Qualifying homebuyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment. Homebuyers who have repaid their RRSP may be eligible to use the program a second time. Go to www.cra.gc.ca, enter "Home Buyers’ Plan" in the search ...

Please click Podcast listen to Cantonese interviewAs I expected, Sept market showed more strength than August which is a typical slow month every year due to the beautiful weather. Besides the sales are up, prices are also higher than Sept 2009 as well as Aug, 2010. Visit my National Real Estate Market Information Centre page http://www.tinamak.com/CanadaRealEstateStats.ubr & click the Vancou ...

Please click Podcast listen to Cantonese interview In Asia, our home lands were mostly or even 100% leaseland so many buyers might not think it is a big deal when they look at leasehold property like those in UBC or Simon Fraser University area. In Vancouver East, Vancouver West, North Vancouver, Downtown just to name a few areas, there are hundreds of leasehold condos, leasehold townhouse ...

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining. The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This r ...

Please click Podcast listen to Cantonese interview What is the definition of Housing Bubble? A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets. It is characterized by rapid increases in the valuations of real property such as housing until they reach unsustainable le ...

Paul Vieira, Financial Post · Monday, Sept. 6, 2010 OTTAWA • What a difference a week makes in gauging the state of the Canadian economy. At the start of last week, few market players believed the Bank of Canada would raise its benchmark rate on Wednesday as concern over its largest trading partner, the United States, mounted. The U.S. economy was believed to be on the verge of flirting wit ...

July, 2010 Bank of Canada ravises interest rates further Notes slowing global economic growth The Bank of Canada increased the target for its trend-setting overnight lending rate on July 20, 2010, raising it by a quarter of a percentage point to 0.75 per cent. The increase follows on the heels of an equal interest rate increase in June 2010, when it was raised for the first time since 200 ...

Fixed Mortgage Rates Drop in August Canadians should expect lower fixed mortgage rates as lenders respond to dropping bond yields, while variable mortgage rates should increase following the Bank of Canada's rate announcement at the beginning of September. Fixed mortgage rates: Down The majority of our panel members believe fixed mortgage rates will decrease in August, and during the f ...

Here are 2 interpretations about HST and commissions. The position that can be taken is that any residential sales that firm up before July 1, 2010 but close on or after July 1, 2010, only GST would apply because 90% of the realtors job would have been finished, only conveyancing to be done. If you have listing which firms up after July 1, 2010, it likely that HST would apply; however there m ...