Real Estate News & Articles

House sale to daughter could trigger tax hit

2009-05-25

Increased value would be treated as a capital gain Paul Delean Province Q: We purchased a home to help our daughter get established three years ago. She pays rent that covers the mortgage and taxes. She is now in position to purchase the pr…

Making homes ready for market

2009-05-25

Province Name: Dana Smithers . Business: Professional Real Estate Stagers (PRES), North Vancouver . Contact: www.presstaging.com; 1-888-296-3148. Number of employees: One, plus eight contractors. Time in business: One year. What is your bus…

Consumer spending won't drive U.S. or Canadian economies

2009-05-25

Other The economic landscape over the next decade will see a return to inflation in the U.S., a Canadian dollar above par, a solid run for stocks and resource prices, and the emergence of Asian consumer spending, finds a new economic outloo…

The Block - 450 East 11th Ave., Vancouver - Park Lane Homes newest development

2009-05-24

Location and layout spur sales flourish Lena Sin Province Nearly all the homes at The Block are priced under $500 per square foot. Photograph by: Nick Procaylo , The Province The Block is located in South Main, one of Vancouver’s olde…

Check bylaws before changing contractor

2009-05-24

Tony Gioventu Province Q: Our strata council wants to change the contractor who maintains our landscaping. Our past president claims we don't have the authority to terminate the current contract without the owners' approval according to the…

USB modem puts you in e-business

2009-05-23

Gillian Shaw Sun Sierra Wireless USB 598 modem Sealegs, Sealegs Corp Blumenau Model Train Set Expedition XP308i, Samson Technologies 1. Sierra Wireless USB 598 modem, through Telus , free with two- or three-year contract rising to $200 with…

Olympic Village could sell itself - the project in one of a kind for Vancouver and North America

2009-05-23

The project is one of a kind for Vancouver and North America Bob Ransford Sun The Olympic Village's biggest negative - a new neighbourhood crowded with too many city-hall-directed "firsts" -- is also its biggest positive -- now that buildin…

Tips on verifying counterfeit Canaddian bills

2009-05-22

RCMP shut down largest counterfeit currency lab, seize $220,000 in fake notes Carmen Chai Province Sgt. Tony Farahbakhchian of the RCMP commercial crime section shows a real (top) and counterfeit $100 bill. Photograph by: Wayne Leidenfrost,…

Arthur Erickson has died

2009-05-21

'We just lost Canada's greatest architect' Katie Mercer and Cheryl Chan Province Erickson was responsible for such landmarks as the Baldwin house and SFU. Photograph by: Jon Murray, The Province Arthur Erickson, arguably Canada 's greatest …

Landmark Bentall 5 sold to German investment firm for $300 million

2009-05-21

Vancouver market has low vacancy rates Derrick Penner Sun News that the Bentall 5 building in downtown Vancouver had been sold to a German investment firm for $300 million dropped like a bombshell in the city's commercial real estate sector…

Modern rather than fusion suits this Thai menu

2009-05-21

It's located in a spot that's done in many restaurants, but none of them had Tiff Mia Stainsby Sun Chef/Manager Topnarie (Tiffany) Kulsiriwanich at Charm Modern Thai with Panang Beef (left) and Green Curry Burger. – IAN LINDSAY / VANC…

Renowned architect Arthur Erickson dead at 84

2009-05-21

Kelly Sinoski Sun Arthur Erickson in 2002. Photograph by: Stuart Davis, Vancouver Sun files Arthur Erickson, pictured in 2004 in front of the Vancouver Law Courts, which he designed. The world-renowned architect’s creative vision neve…

Doors open wide for homebuyers

2009-05-20

Slower demand will depress Vancouver prices before sales recover in 2010 Province Homebuyers take heart. Vancouver 's housing market will be kind to buyers in 2009 and into early next year, Canada Mortgage and Housing Corp. said yesterday. …

Company takes the home office outside - Outer Space Building Corp.

2009-05-20

Entrepreneur develops small buildings to house work space in the backyard Brian Morton Sun Outer Space founder Lorne Wood in his Outer Space home office. Photograph by: Glenn Baglo, Vancouver Sun Lorne Wood's North Vancouver home office sit…

BC will have a 43% drop in housing starts in 2009 according to CHMC

2009-05-20

Recent sales increases have failed to sufficiently shrink inventories Derrick Penner Sun British Columbia 's real estate markets have reached a point where it is difficult to predict if they'll go down any further or begin a recovery -- or …

Record-low housing starts in April cast pall over market

2009-05-20

Julie Schmit USA Today Housing starts hit a record low in April, driven by a plunge in new apartment construction while some improvement was seen in the single-family sector, the government said Tuesday. The disappointing numbers indicate t…

Don't take anyone's word for anything

2009-05-17

Think twice if owner or council won't give requested warranty or insurance documents Tony Gioventu Province Dear Condo Smarts: We have been viewing a number of condos in the past few weeks to purchase as our new home. In the process of read…

The message from Mayne Island: sharing title is a (relatively) inexpensive route to a getaway home, but value-appreciation is no certainty

2009-05-16

Fractionally sold and bought, wholly thrifty Suzanne Morphet Sun Who could walk from this? Kim Biehl thought about it – briefly – a response to a concern that the economic downturn might prevent or delay completion of the Mayne …

Cellphones to dream about

2009-05-16

Gillian Shaw Sun HTC Magic, HTC Dream, HTC available with Rogers Palm Pre, Palm, with Bell Mobility Speakerphone HF-200, Nokia 1. HTC Magic, HTC Dream, HTC available with Rogers , price to be announced Maybe it's not quite as exciting as th…

New- home warranties and instructions hit web

2009-05-16

Sun A challenge experienced by most buyers of a residence in a new-home project are the warranties and instruction manuals, covering everything from building components to appliances, that come with the property. Intracorp has teamed up wit…

Construction status creates ‘confidence’

2009-05-16

Sun ‘‘It’s extremely important for buyers to see and touch their new home,’’ McNeill says. “Buyers today are very savvy: they can appreciate quality construction and finishes. Seeing their suite firsthand…

Cioppino's Yaletown Restaurant owner Pino Posteraro serve up lobster linguine to Roberto Luongo from Vancouver Canucks

2009-05-16

There are few dishes you can cook that will not benefit from a splash of the grape, local chefs Mia Stainsby Sun Cioppino's Pino Posteraro prepares lobster linguine, which is one of Vancouver Canucks goalie Roberto Luongo's favourite meals.…

The Edge residents at 289 Alexander protesting "united we can" relocation

2009-05-16

Gastown residents alarmed at recycling depot's relocation plans Gerry Bellett Sun Mark Wynen and Donna Whalley oppose a possible move of United We Can close to their condo building. Photograph by: Jenelle Schneider, Vancouver Residents in t…

B.C.'s residential housing shows slight signs of recovery

2009-05-15

April hike means home sales do better for third month in a row Province House prices in B.C. have yet to recover but the residential market is beginning to find its feet again, the B.C. Real Estate Association says. The average house price …