Evon Mayer, Surrey real estate: Blog

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CMHC Cautiously Optimistic

August 24th, 2009

CMHC cautiously optimistic According to the Canada Mortgage and Housing Corporation (CMHC), the key factors currently driving Fraser Valley’s housing market are mortgage rates, the employment rate, population growth and demographics. And although consumers have pulled back on spending during this recession, BC’s economy and that of the Lower Mainland remain ...

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Real Estate fights for Buyer RE HST

August 10th, 2009

BCREA meets with Minister of Finance about proposed HST On August 4, BCREA representatives John Tillie (President), Moss Moloney (Vice President) and Robert Laing (CEO) met with the Honourable Colin Hansen (Minister of Finance) to discuss the profession's recommendations on the new Harmonized Sales Tax (HST). The recommendations were as follows: Keep costs associated with buying and sel ...

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$20,000 Rebate - Not Enough

August 10th, 2009

$20,000 rebate barely softens soaring levies By John Bermingham, The ProvinceAugust 9, 2009 Come July of next year, John and Mary Homebuyer could be feeling hosed rather than harmonized by the province's new tax. In Vancouver, where the average new home sold for $896,792 this year, those lucky enough to afford one paid out $60,775 in taxes. That i ...

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Buyers Hammered - HST

August 10th, 2009

Builders, buyers hammered HST will add thousands on to price of new home By John Bermingham, The ProvinceAugust 9, 2009 For the Record (Aug. 10/09): A quote attributed to Peter Simpson of the Greater Vancouver Home Builders’ Association in this story may have left the impression that people buying “million-dollar-plus” homes would not be affec ...

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BC organized real estate opposes the HST

July 30th, 2009

BC organized real estate opposes the HST Presidents of the Fraser Valley and Greater Vancouver boards and BC real estate association have all spoken out against the newly proposed Harmonized Sales Tax (HST). The BC government announced on July 23, 2009 that effective July 1, 2010, BC will adopt the HST, combining BC's seven per cent PST with the five per cent federal GST for a single sales ...

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Survey suggests Consumer Confidence Concerning Real Estate Improving

July 30th, 2009

New BCREA survey suggests consumer confidence concerning real estate purchases may be improving The May survey, conducted by the Mustel Group, was released on July 15. It contained questions that were last asked in a similar survey in January 2009. BCREA wanted to measure change in consumer attitudes over that four month period. In a news release, BCREA revealed that four-in-ten British C ...

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Media message re: Harmonized Sales Tax

July 29th, 2009

Media message re: Harmonized Sales Tax I have been asked by the media for the Fraser Valley Real Estate Board’s position on the newly proposed Harmonized Sales Tax (HST). The BC government announced on July 23, 2009 that effective July 1, 2010, BC will adopt the HST, combining BC's seven per cent PST with the five per cent federal GST for a single sales tax rate of 12 per cent. As I expl ...

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MARKET : Buyer Demographics

July 10th, 2009

Who are The Buyers fueling the market? To get a better sense of who is buying in Fraser Valley, what they’re buying and where, a statistical pool was undertaken. As expected, the most active segment was first time buyers (32%), followed by those moving from an apartment or a townhouse to a detached house (22%). Sellers moving from a house into a condo or cashing out completely ...

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Going GREEN !

March 16th, 2009

GOING GREEN : I am going to do my part; in this GREEN Month of March 2009 I will be changing my work vehicle to the VERY GREEN Volkswagen Jetta Wagon TDI Diesel Official Energuide fuel economy figures for the 2009 Jetta TDI sedan are 6.8/4.8 L/100 km city/hwy (manual transmission) and 6.8/4.9 L/100 km city/hwy (DSG automatic). My test car had the optional DSG transmission, and over a we ...

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Buyers RULE

February 18th, 2009

BUYERS RULE: After 6 1/2 years of a strong Seller’ s market, BUYERS R RULING. Sellers R reducing prices & offering bonuses 2 Realtors who have Buyer’s. Builders R looking @ creative financing & amenity packages 2 lure hesitant Buyers 2 purchase. Flippers R filling Craigslist w strata units that they didn’t intend 2 buy in the first place. Statistically, the number of sales decreased 30% ...

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CMHC Cautiously Optimistic

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Real Estate fights for Buyer RE HST

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$20,000 Rebate - Not Enough

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Buyers Hammered - HST

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BC organized real estate opposes the HST

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Survey suggests Consumer Confidence Concerning Real Estate Improving

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Media message re: Harmonized Sales Tax

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MARKET : Buyer Demographics

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Going GREEN !

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Buyers RULE

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