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Archive for December, 2009

KREB Market Stats November 2009

The Kootenay Real Estate Board has released market stats for November 2009. Here is a quick summary!

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Fraudsters operating at Craigslist SCAM Both Owners and Renters! Owners: To get a lot of details of the property (which they then advertise for rent on Craigslist) they pretend to be an offshore prospective tenant.

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BC Assessments

Assessments have been frozen for 2 years as of July 2007. In many outlying areas assessments are now higher than market value. You can check your assessment ANYWHERE IN BC at www.bcassessment.bc.ca CHECK IT NOW. Many assessments are now OVER market value. Get ready to dispute in January if you feel that is the case [...]

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Hi, I would like to spark a debate about the dollar amount requested as a deposit in a standard “Contract of Purchase and Sale”. Recently a situation was shared with me. To protect the privacy of those involved, I will use generic details. It is the concepts I am more interested in debating in this [...]

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By Mark Weisleder Basement flooding. Mould behind the walls. Cracks in the foundation. These are just some of the surprises that home buyers across Canada have discovered in their property after closing, which were not disclosed by the seller. I have reviewed many articles written by legal commentators who have taken the position that sellers [...]

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Today, one of Canada’s most popular sources for real estate information is going mobile. REALTOR.ca, a part of the real estate industry for over 13 years, is now available for REALTORS® and consumers on their mobile phones for the very first time. Keeping REALTORS® and homebuyers informed on the move, the new beta version of [...]

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The Kootenay Region saw a more moderate market rebound then the rest of BC in the Q3 of 2009. Sales rose by 26.6%, and began to firm up prices – by as little as 1.7% for a detached home and as much as 33.8% for an attached home. Overall, market activity is lower than Q3 2008 levels. Compared [...]

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