Like many of you, I long for spring, sunshine, and cold Frappuccino’s.
Spring time is going to happen soon, and when it does here are two ways you can be ready. If you are considering jumping into the spring real estate market, and one tip that can help you understand new tax law, and in your principle residence, as you prepare your 2016 tax returns.
- Last year the spring real estate market surprised many! This year everybody is wiser, and ready to react, will that mean we are going to see a huge price increase and multiple offers? One reality that may push things into a similar place as last year, is the lack of inventory of homes on the market. What does this mean? Homes priced right that show well, are experiencing already multiple offers and surging prices. This is most common in town homes and the entry level detached home markets. If you are thinking of Selling, don’t miss the spring window of opportunity, call me and lets sit down and go over your options to capitalize on the spring market
- Thinking of buying a home this spring? Last year I helped many buyers through the multiple offer situations. Together with some great coaching we won more than we lost, and in every situation the overall outcome was great. If you are thinking of buying or know someone who is, call me and allow me to explain 5 key strategies which will help you to buy in this spring market. The most crazy one last year, is helping my client to win over 23 other offers!
- Tax Return time is coming up……. If you own a home, this year you must claim your home as your primary residence. I am not an expert on tax law so for more information click this link http://www.cra-arc.gc.ca/gncy/bdgt/2016/qa11-eng.html but if you would like to know the market value of your home, let me know and I can help you out.
Again I want to welcome new friends and clients to my monthly newsletter. Thank you for giving me the opportunity to help you and your family and friends. Please don’t keep me a secret, let me know how I can help those you know who are thinking of talking the Real Estate Plunge this spring. All the Best ……Dave
A number of years ago I took a group of teens to one of the best roller coaster destinations in the world….Magic Mountain Six Flags amusement park, in Los Angeles California. As I ran from one coaster to the next, I noticed that some people, including myself, after the fourth ride where beginning to slow down and take pause from the crazy rides that we where exerting on our bodies. Yes its true when you get older these rides seem less fun, and watching people exit the rides became more amusing.
To say our Real Estate Market in the BC Lower Mainland, has resembled a roller coaster in the last months would be an accurate analogy. As a Realtor I get the joy of being with clients on this up and down journey, and a role that I have come to enjoy and excel in, is one of helping people to navigate the ever changing coaster called the “Vancouver, Fraser Valley Real Estate Market.”
Here are a few of the new changes and reactions to those changes that I have been helping clients navigate through.
The new BC government 15% tax on foreign ownership in the Greater Vancouver area.
The new Federal government regulations on people who are applying for a mortgage when they are paying less than 20% down.
Understanding the very latest market statistics and how these regulations are impacting the market.
The response and expectations new clients should have, bearing in mind how times, and certain practise’s can change or alter.
So as we move forward the interesting aspect of our real estate market is the challenge to predict what it will do. And if you are considering or know of someone who is considering selling or buying, My hope is that you would give me a call or recommend me to your friends or family. Here are a few things that are helping me be the “Best for my Clients,” in this current market.
I am keeping informed and up to date with the current new regulations.
I am actively involved in current transactions with buyers and sellers.
I am connected to leaders in our industry.
I am seeking further training and personal development.
I am interpreting the most current statistics.
Again thanks to all of you for taking the time to read this update and if you have any questions please feel free to call, email or text me…as always it is a joy to serve you……Have a great month…..Dave