Blog by Tina Mak

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B.C. Vancouver remain least-affordable markets in Canada

May 20th, 2011
It is absolutely normal to logically thing housing price will fall, or plateau when interest rate moves up.  However, when the Mainland Chinese buyers are buying with cash money, higher interest rate & tighten mortgage rules really doesn't matter to them.  Yes, owning a home is becoming less affordable & the reality is going to get worse.  This report might make you feel stressed if you haven ...

Chinese Spreading Wealth Make Vancouver Homes Pricier Than NYC

May 17th, 2011
“Foreign investment in Vancouver residential real estate is showing no signs of slowing,” said Gregory Klump, chief economist of the Ottawa-based Canadian Real Estate Association, in a May 9 report.   While education for children often is the primary goal, some immigrants just want to move money out of China because they don’t feel it’s safe.   Vancouver is very high on the list for Chine ...

9 signs you can't afford a mortgage

May 17th, 2011
Well, if none of these 9 signs apply to you after you read this Globe and Mail article. What does it means? it means YES YOU CAN own your own home!! Pls plan for your retirement early before you realize it's too late.The key is only spend on what you need BUT NOT what you want!!Tina MakVancouver Radio Realtor AM1320The Bridge from East to West since 1992 www.TinaMak.comwww.TinaMak.cawww.GenYr ...

Canadians are richer than we think, thanks to soaring house prices!

May 17th, 2011
I always said no real estate no wealth! This confirmed my believe!  Canadians are richer than we think.  The ultra wealthy have a sizeable chunk of their net worth in their homes. Residential real estate makes up 21% of their assets.  For details: read this Financial Post article.  So, stop worry about WHAT IF u loss ur job, WHAT IF intereat rate goes up & unable to pay mortgage, etc etc.  An ...

Economists changed the home price forecasts for Canada

May 16th, 2011
Well, this is such a prime example why we shouldn't pay much attention to the Economists prediction! An experienced knowledgeable realtor will give you a way better analysis on market condition in your local market than relying on the Economists general predication. Anyway, here u go how they adjust their 2011 forecast: How the home price forecasts changed STEVE LADURANTAYE — Real Estate Re ...

Greater Vancouver housing market sees typical spring activity in April

May 7th, 2011
Enclosed the April housing stats from Vancouver real estate board. I'm sure u have heard about it on the news or read on the newspaper. However, the following article will allow u to understand it in more details. Click the podcast I enclosed here listen to the summary version I did on my May 7th, Saturday AM1320 Radio Golden Page radio show. Greater Vancouver saw a typical, solid month of ...

Interest Rate updated on May 03 ,2011

May 3rd, 2011
Go to www.TinaMak.com & click Mortgage Guide under Buyer & Seller Guides to view the most updated interested rate pls

AM1320 Golden Investment Page at 5pm

April 30th, 2011
so many local Vancouverites find it more n more difficult to buy property in Vancouver. I'm going to address this concern on my radio show at 5pm AM1320 today n share why parents need to think outside the box to help their children.Tina MakYour Vancouver Radio RealtorThe Bridge from East to West from 1992www.TinaMak.comwww.TinaMak.ca (温哥华中文地產網站)www.YGenrealestate.ca604-412-5860 ...

Interest Rate updated on April 25 ,2011

April 25th, 2011
Go to www.TinaMak.com & click Mortgage Guide under Buyer & Seller Guides to view the most updated interested rate pls

Most expensive real estate in the World!

April 19th, 2011
A new record has been set by the sale of a penthouse for £136.4 million in London. A modest £6 million for a one-bedroom. Average £6000 per sf.  Canadian buyer apparently among one of the prestigious group too! Check out One Hyde Park DevelopmentTina Mak Personal Real Estate CorporationYour Vancouver Radio Realtorwww.TinaMak.comwww.TinaMak.ca
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