Blog - Craig Doherty

March Wrap-Up Podcast

(April 12, 2015)

For those that don't get (or don't read) my Newsletter here's the video report of the hot and frothy Vancouver real estate market https://www.youtube.com/watch?v=Tzu4f_MEhnk&feature=youtu.be

CMHC Increasing Mortgage Insurance Premiums for Buyers with Small Downpayments 

(April 12, 2015)

OTTAWA - Canada Mortgage and Housing Corp. is raising mortgage insurance premiums for homebuyers with less than a 10 per cent down payment by about 15 per cent, effective June 1.Premiums for homebuyers with a down payment of 10 per cent or more and for CMHC's portfolio insurance and multi-unit insurance products are unchanged.The changes do not apply to mortgages currently insured by CMHC.CMHC say... read more.

The World's 20 Largest Economies in 2030*

(April 12, 2015)

Get ready for a new economic order. In the world 15 years from now, the U.S. will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind.  
That's according to the U.S. Department of Agriculture's latest macroeconomic projections that go out to 2030, displayed in the chart below. The U.S. will just barely remai... read more.

Vancouver. Why People Want to Visit and...then Live!

(April 12, 2015)

I'm just sitting at the Vancouver airport (voted one of the nicest in the world) waiting to board my Air Canada flight to China. I was just reminding myself as to why I was getting back on a plane when the last 15 years of my work life have been spent on a plane. I sell Real Estate now. My neighbourhood is what I sell. So why China? To ignore a country that represents roughly 20% of the World's po... read more.

7 Quick Home Inspections That Could Save Your Life

(April 05, 2015)

https://brightnest.com/posts/7-quick-home-inspections-that-could-save-your-life

Locals Are Adapting and Buying 

(April 05, 2015)

I thought this was a nice quick article which describes the attitude Vancouverites are taking to the market. Sure there is a grumbling about affordability but with a certain resignation of "whaddya do?" http://www.vancouversun.com/business/Barbara+Yaffe+Vancouver+home+buyers+unfazed+skyrocketing+prices/10942158/story.html

Seemingly There's No Slowing in West Vancouver 

(April 04, 2015)

There is an endless demand for view properties in Ambleside and Dundarave, the hottest parts of West Vancouver. I recently listed this 46 year old house and it sold near ask for $2.8M with no subjects in 24 hours. 

Metro Vancouver Homebuyers Out In Force In March*

(April 03, 2015)

Demand continued to rise across Metro Vancouver's housing market in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 4,060 on the Multiple Listing Service® (MLS®) in March 2015. This represents a 53.7 per cent increase compared to the 2,641 sales recorded in March 2014, and a 32.6 per cent increase compared to the 3,061 s... read more.