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Articles of Section 'Real Estate'.

Real Estate

On-campus living beats the bus

Lower Mainland postsecondary institutions aren't offering enough residences to meet the demands of their students. Is better transit, rather than an expensive expansion of housing, the solution to the commuting crush?
Real Estate

Strathcona property owners and tenants demand a plan for the neighbourhood

Five community groups have joined together to form the Strathcona Revitalization Committee and to make sure their voices are heard when the city reviews the Downtown Eastside/Oppenheimer official development plan in early 2009.
Real Estate

Rental-building sales fall in Metro Vancouver

There has been a significant drop in the number of rental apartment buildings sold in Metro Vancouver in the first six months of 2008 compared with the same period last year.
Real Estate

Canadian foreclosure info takes some digging

Media reports from the United States routinely list a litany of horrors about the number of foreclosures. According to an August 4 New York Times report, 8.41 percent of subprime-mortgage loans from 2005 were in arrears by 90 days or more or in foreclosure in the month of June. Of subprime-mortgage loans from 2007, 16.6 percent were delinquent, according to the report.
Real Estate

Real-estate pros say media influence buyers

There’s more evidence that the Lower Mainland housing market is slowing down. On August 5, the Real Estate Board of Greater Vancouver reported that prices for detached housing fell 2.3 percent through June and July. Over the same period, prices for attached properties dropped by one percent, and apartment units by two percent. It was a front-page story in one newspaper.
Real Estate

Vancouver city council zones the West End's future

On July 8, Vancouver city council approved a motion to review zoning regulations in the West End, the neighbourhood that’s the traditional home of the city’s LGBT community.
Real Estate

Gauging rates for Vancouver rooms during 2010 Olympic Games

The going rate for a budget room—with shower but no view—at Vancouver’s Budget Inn Patricia Hotel on East Hastings Street is $69 per night. For the not so budget-conscious traveller, the Renaissance Vancouver Hotel Harbourside on West Hastings Street can provide more appropriate digs for $289 a night—no breakfast.
Real Estate

Owners group seeks strata-law reform

There are 460,000 individual strata units in B.C., but a homeowners group says there are several deficiencies in the provincial legislation governing condominium homeownership. In early May, the Victoria-based Vancouver Island Strata Owners Association issued a report identifying six areas that need to be addressed: strata governance, strata-management licences, disclosure, strata-development approvals, property taxation, and strata-fee equity.
Real Estate

Building permits go green

Suzanne Anton wants to see a clothesline outside every new home in Vancouver. The Non-Partisan Association city councillor has one, and she said that she rarely uses her electric dryer, even in winter.
Real Estate

B.C. homes take to the water

You’d think that in a region that’s running out of land for new housing, policymakers and investors would look to the water. Vancouverites have, after all, lived on the waterways since before the city was incorporated. According to one float-home real-estate agent, the demand is there but the developers are not.
Real Estate

Oil prices could steer real-estate market

As CEO of the Greater Vancouver Home Builders’ Association, Peter Simpson is understandably interested in seeing how gas prices will affect the behaviour of home buyers in the long term.
Real Estate

Bill 27: lowering B.C. housing prices or bankrupting municipalities?

At the Union of British Columbia Municipalities convention last September, Premier Gordon Campbell promised to reward developers of green housing projects with “faster approvals”. The premier also pledged to introduce measures to allow buyers “to avoid costs for municipal services that they just won’t use”.
Real Estate

City rezonings take LEED

Two days after the NPA knifed its leader, Mayor Sam Sullivan, Vancouver city council approved his most important policy initiative. On June 10, council approved a revised EcoDensity charter and all but one of its initial actions, despite opposition from more than two dozen neighbourhood groups.
Real Estate

NDP reveals its intentions in private member's bills

The media don’t always pay a lot of attention when Opposition MLAs or MPs introduce private member’s bills. That’s because these pieces of legislation usually don’t have a chance of becoming laws, especially when the governing party has a majority.
Real Estate

Smart tips for first-time home sellers

There’s a lot of information available out there for first-time home buyers. From tips on how to go about purchasing a house to materials proclaiming the advantages of owning a property, new buyers don’t have a shortage of print and on-line references.
Real Estate

Homeowners face increasing financial strain in Lower Mainland

More households in the Lower Mainland are facing the financial strain of home ownership, a Metro Vancouver staff report states.
Real Estate

Peak-oil spike reshapes the suburbs

The reality of peak oil will see properties classified into two types in the near future, according to Simon Fraser University professor Anthony Perl.
Real Estate

The heat is coming off the housing market

The strong sellers’ market appears to be nearing an end in this province. The British Columbia Real Estate Association expects more modest housing-price increases in 2008 compared with the previous year across most of the province. The only exceptions are the Chilliwack and District Real Estate Board’s and the Victoria Real Estate Board’s areas, where the average multiple-listing-service prices are forecast to rise at slightly higher rates than in 2007.
Real Estate

Development of Little Mountain Housing complex unlikely

A BC Housing spokesperson has confirmed that a phased development of the Little Mountain Housing complex on Main Street, between 33rd and 37th avenues, probably won’t be possible.
Real Estate

Is Vancouver ready to renovate?

The Vancouver city planning commission has asked city council to fund a neighbourhood-amenity mapping project at a cost of $30,000. In a report going to council’s standing committee on planning and environment on Thursday (May 1), the advisory body is asking council to set aside the money to help better understand how to adapt old buildings to modern uses.
Real Estate

Is Vancouver ready to renovate?

The Vancouver city planning commission has asked city council to fund a neighbourhood-amenity mapping project at a cost of $30,000. In a report going to council’s standing committee on planning and environment on Thursday (May 1), the advisory body is asking council to set aside the money to help better understand how to adapt old buildings to modern uses.
Real Estate

Safety crucial to realtors

Making a deal is as important as working safe for Karin Davidson.
Real Estate

To LEED or not to LEED

The debate is on over what environmental standard Mayor Sam Sullivan’s EcoDensity initiative should set for private buildings in Vancouver.
Real Estate

Vancouver real-estate marketer Bob Rennie promotes density

Every year, real-estate marketer Bob Rennie speaks to members of the Urban Development Institute’s Vancouver chapter. This year, the annual general meeting is scheduled for May 15, and Rennie plans to carry on where he left off last year: talking about affordability. He ended his 2007 speech by asking where police officers, firefighters, and other wage earners could buy homes.
Real Estate

Ex-trafficker Eugenio Pugliese loses appeal

The B.C. Court of Appeal has upheld a decision by the registrar of mortgage brokers to refuse to allow a convicted cocaine trafficker to apply for a licence until 2014. The registrar, former police officer Alan Clark, rejected Eugenio Pugliese’s application last year for a submortgage broker’s licence, concluding that Pugliese was “unsuitable and his proposed registration is objectionable”.

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