Mindblown: a blog about philosophy.
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Northern BC Housing Market: 4,100 Sales Projected
The BC Real Estate Association projects a 12.5% increase in home sales this year. Expected unit sales in the north will reach 4,100, showing a strong market recovery.
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Will Greater Vancouver Be a Buyer’s Market in H2 2024?
Greater Vancouver market shifts from a seller’s market to balanced conditions in 2024’s second half. 2024 sales forecast remains at 28,250 units, with a 0.18% difference from mid-year actuals.
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BC Assessment Value vs. Your True Home Value
BC Assessment values rely on property characteristics, location, size, view, age, add-ons, and sales data.BC Assessment affects taxes, but rates, property class, and minimum taxes also play a role.
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It’s Time for a Middle-Class Tax Cut in BC
British Columbia now sees more people leaving than moving here due to high costs.BC has the highest gas taxes and most expensive housing in Canada, worsening affordability.
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Upgrade Smart in BC: Whole-Home Efficiency Revolution
A whole home approach to renovations maximizes comfort and energy efficiency by treating your home as a system. Start with the building envelope, including insulation, windows, and doors, to create an effective barrier against external elements
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Rent or Own? The Path to Owning Your Home
Weigh Flexibility vs. Investment: Renting offers flexibility, while buying builds equity and offers tax benefits. Consider Long-Term Stability: Buying is better if you plan to stay in one place for many years.
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BC Housing Starts Decline, Economic Concerns Grow
New construction permits in B.C. have fallen by 23%, with multi-family permits down by nearly 20%.The chief economist at the regional real estate association warns of a potential extended downturn in housing starts.
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Happy Labour Day
Happy Labour Day! Labour Day is a chance to honor and appreciate the hard work and contributions of workers in various industries. It's a chance to look back at workers' rights achievements and labor rights progress over time. Sending warm wishes on Labour Day to honor the dedication and contributions of workers everywhere. May your…
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New RTA: BC Homebuyers Face Eviction Notice Hurdles
Recent changes to the Residential Tenancy Act (RTA) effective July 18, 2024, have raised major concerns. New four-month eviction notice for personal use complicates home purchases, especially for first-time buyers needing mortgage insurance.
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90% of B.C. Communities Adopt New Multi-Unit Housing Rules
New zoning legislation aims to increase row homes, triplexes, and townhouses across B.C. communities. Out of 188 local governments, 162 have adopted the new small-scale multi-unit legislation.
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