Bob Bracken - Real Estate Investment Think Bob Bracken

After a significant change in Government and the look of the BC Political landscape following the May 9 Provincial Election, the Vancouver Real Estate market continued strong through May and June 2017....

In July 2016, Vancouver City Council voted to ban Natural Gas fuel from homes and restaurants by 2050. The 1st phase of that policy was put into place and applied on May 1 of this year to affect all de...

Wow! That was one wicked, snowy, cold (record breaking) Winter here in Vancouver! Now, we may see a more enjoyable Vancouver - maybe some Sun? The Vancouver Real Estate Market seems to have found a sort...

Premier and BC Gov’t Revises 15% Non Resident Property Transfer Tax

The BC Premier & Government recently implemented positive changes to the 15% Non Resident Property Purchase Tax & announced...

As noted in my last Fall Newsletter, 2016 was a “Dr. Jekyll/Mr. Hyde” Real Estate Market in Vancouver. After a very robust 1st half, the market was blindsided by the 15% Non-Residents Tax, and...

Finding a good Landlord is about to get a little easier in BC, thanks to the new online BC Landlord Registry. Perhaps the timing could be perfect to help Owners and Tenants, since we can expect an increase...

Finally, for a change, some positive news and policy initiative by Government to support property owners and buyers, and strengthen the Real Estate market locally and throughout BC.

Through the B.C. HOME...

Annual Property Assessment Notices from BC Assessment Authority were sent out in the mail starting January 4, 2017, and by now you should have received yours. The “Assessed Value” figure is...

On November 28th, Canada Mortgage and Housing Corporation released its Fall Rental Housing Market Report for the Census Market Areas of Vancouver. CMHC releases these reports semi-annually, and the lengthy...

On July 28, the BC Liberal Government passed Bill 28 - the new Property Transfer tax - adding 15% to the price of all residential home and multifamily property purchases closing after August 2. The tax...

The Vancouver home sales market was extremely active - hot - for the 1st half 2016 and it was constantly in the News and top of mind for Buyers and Sellers throughout the City, and beyond. After the July...

On December 16th, Canada Mortgage and Housing Corporation released its Fall Rental Housing Market Report for the Census Market Areas of Vancouver and Abbotsford-Mission. CMHC releases these reports sem...

The Vancouver home sales market has been extremely active - even hot - for most of 2015, and it has been in the News & top of mind for Buyers and Sellers throughout the City, and beyond. We are well...

Those who are, or are thinking of becoming, rental property owners and landlords, may be interested in the following proposed minor changes to the Residential Tenancy Act:

1. In keeping with government’s...

2014 has been a very strong year for Real Estate activity and sales for both the Commercial and Residential sectors in the Greater Vancouver market, and throughout B.C. generally. Furthermore, this strength...

Real Estate values are driven by supply & demand. The most potent drivers of real estate demand are population growth & economic growth. Vancouver & the Lower Mainland, with its limited, even...

The Property: A 2200 sq.ft., 3 level “character” house containing 6 bedrooms, 4 bathrooms and 3 kitchens on a 24.75’ X 112’ lot on West 12^th (busy street) in the City Hall area of...

Can prices go any higher!? Every year people ask this question about real estate in the Vancouver area. For local investors, this is a critical question as investment returns here rely heavily on capital...

The Vancouver area Real Estate market has taken a significant hit lately, and the bloom is certainly off the rose. This is partly a result of the challenges now facing all world finance markets, and also...

Real Estate ownership is probably the simplest & most direct means of people becoming rich today. One of the keys to prospering through real estate is the ability to think creatively, and use available...