Blog by MJ Ankenman

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Testimonial

July 24th, 2008

I have the pleasure with working with some wonderful clients. I received this email the other day and although I will probably edit it to put on my "What They Say Page" I thought I would post it here in its entirety. Reading the email left a lump in my throat and tears in my eyes. I am so glad and proud that my clients are so happy.

Hi MJ,

I’ve written a little something for you ...

Wood Construction

July 16th, 2008

Sean Hollman from 24 Hours has been reporting on an interesting development in condo construction. The provincial government is amending the BC Building Code to allow for construction up to six storeys, currently it is at 4 storeys. There is some concern about earthquake resistant guidelines as well as the fire safety of these buildings. I can see why adding storeys can affect the earthquak ...

Granville Loops Project

July 15th, 2008

Today, I attended an information session for the development of The Granville Loops area. The plan, which still has to be passed by council, is to remove the two loops coming off of the Granville Bridge. Two one way streets, one northbound, one southbound, are to be created that will be bicycle and pedestrian friendly and will lead down to the seawall under the bridge. This will also connec ...

Housing Stats for March

April 16th, 2008

The Real Estate Board of Greater Vancouver recently released the sales figures for March 2208. The number of sales were down compared to a year ago, but prices are up. The average benchmark price for a condo in downtown Vancouver increased by 11.5% compared to the same time last year. Prices for houses increased 17% for Vancouver West. For buyers the good news is that there is more inventor ...

Property Transfer Tax Changes

February 21st, 2008
Good news for first-time homebuyers, the Property Transfer Tax exemption has been raised for a higher purchase price, if requirements are met. The full exemption is available for properties with a purchase price of up to $425,000. There is a further partial exemption for any purchase price of up to $450,000.
This exemption applies to both a property bought in the GVRD or elsewhere in the pro ...

Gung Hei Fat Choy

February 8th, 2008

It is the Year of the Rat and that is suppose to bring change and opportunity. According to Sherman Tai, a Chinese Fortune Teller quoted in 24 Hours Newspaper, what that means for real estate is one should be more conservative."If you buy property for actual use, to live in or as a long term investment, that will be fine but don't be speculating." I think Vancouver is the only city where th ...

Do Yo Need Title Insurance?

September 29th, 2007

Property title problems have been in the news recently. Mortgage fraud seems to top the list, with examples like that of an Ontario resident who put her home on the market and months later discovered a thief had forged signatures, fraudulently taken out a $300,000 mortgage on her property, and then disappeared.

Title insurance has been offered as one solution. Do property owners need t ...

Vancouver The Start Up City

August 13th, 2007

I belong to several tech chats that are full of interesting info by interesting people. Although some of the chats can get pretty technical and a bit over my head often there is leading edge info about products. newsworthy announcements and the best place to have a beer!

Today Kris Krug linked to this article about Vancouver being a great place to invest in and/or be involved in for t ...

Facebook & Real Estate & SnoCones

August 12th, 2007

My tech guru, Robert Sanzalone of PacificIT has started a live podcast tech talk on TalkShoe, Friday evenings. I participated this week and spoke about blogging, Facebook and Snocones.

Summer Market Boiling

August 4th, 2007

The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales increased by 41.8 % ( 27.9% for condos in downtown Vancouver) compared to July 2006. This figure represents the second highest number of sales during the month of July in the Board's history.

Some of this increase in sales could be the result of the recent interest rate increase as new buyers try t ...

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