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Market Updates

During the process of buying or selling a home, countless questions are bound to surface regardless of how "seasoned" you are in Real Estate.  Some questions are easily answered, however others may require a bit of research and study.   I understand how difficult it can be to sift through the mountain of information out there in order to find answers that are relevant and meaningful to you.  

As a firm believer in "knowledge is power," I do my best to educate and inform my Buyers and Sellers about the current market conditions and the process involved once you have made the decision to move.     

If you would like to receive regular Market Updates or newsletters please contact me at dodi.t@shaw.ca or call me at 604-644-3634

Latest News

As you may know, I've been a proud supporter of North Vancouver's Blockwatch program for many years.

 

In the latest issue of the Block Watch Society of BC's newsletter, there is once again an abundance of good information and sources to help keep everyone safe!  So of course, I have to share this with you! 

 

Topics that may help or be of interest:

 

1. Youth Crime Prevention

  • CybersafeBC.ca, where youths age 10-16 can register, take a course, pass the exam and become CyberSafe Certified
  • Resources to help educate and keep yourself safe online:  cybersafebc.ca/resources
  • Information on Youth and Gangs
  • Self-help website with a range of legal information for youth

2. Back to School speed limits

3. Online shopping and online auction safety tips
4. Halloween Safety Tips
5. If you experience a break-in...what to do
6. Street Scams to wach out for
7. Preventing bicycle theft

 

To read the full newsletter click here: Block Watch News

 

or visit their website at:

www.blockwatch.com

 

Be safe!

Regards, Dodi

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Inside this issue of my newletter, I've summarized the 5 year trends, or key performance markers, of residential sales for North Vancouver, West Vancouver and Downtown, as well as, the Spring 2014 residential sales market for the same.

 

Whether you are selling, buying or just curious about: median sales prices, average days-on-market, or if we are in a buyers, sellers or balanced market, I hope you find the information helpful.

 

Read it all here: From The Desk Of Dodi Summer 2014

 

Don't hesitate to call if you any questions! 604.644.3634

Regards, Dodi

 

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As a proud supporter of North Vancouver's Blockwatch, and all they do for our community, I'm sharing with you the Blockwatch Society of BC's two latest newsletters, Spring 2014 and Summer 2014, full of great tips that cover:

 

 

Spring 2013

  1. Emergency Preparednss
  2. Top Scams of 2013 from the Better Business Bureau
  3. Fraud Prevention Tips
  4. What you need for a back country emergency survival kit
Summer: 2014
  1. Summer safety on the water
  2. Personal safety tips
  3. Roadtrip safety tips
  4. Swimming safety tips
  5. Info on Monitoring children's online activity

 

Click here to view: Blockwatch News March April May 2014

Click here to view: Blockwatch News June July August 2014

 

Insdie the newsletters they also provides links for more information on each topic. I truly hope you find these helpful in keeping safe this summer. 

 

Regards Dodi

 

ps The market for single family homes on the North Shore is moving fast. If you are considering a change in lifestyle, let's talk!  604.644.3634

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This great recap from the Real Estate Board of Greater Vancouver outlines the rules:

 

An age restriction bylaw is strata corporation bylaw requiring some or all of residents of a strata unit to be over a certain age. 'A strata corporation may adopt an age restriction bylaw and enforce it,' said real estate lawyer Mike Mangan. The bylaw must meet the requirements of the Strata Property Act and the Human Rights Code and other provincial and federal legislation and regulations. 

Human Rights Code

The Human Rights Code prohibits discrimination unless the activity is exempted.

The Code does not apply to an age restriction if a statute specifically permits a distinction based on age.

The Strata Property Act

The Strata Property Act s. 123 (1.1) permits this distinction:
     'Without limiting a strata corporation's power to pass any other bylaws, a strata corporation may pass a bylaw that restricts
      the age of persons who may reside in a strata lot.'

What does this mean?

'So long as an age restriction bylaw otherwise meets the requirements for enforceability, the strata corporation may enforce its age restriction bylaw against every resident equally, regardless (of) whether the person is an owner or a tenant,' said Mangan.

Exceptions – phased strata developments

There is an exception in some phased strata developments, explains Mangan.

A phased strata plan involves the development of strata lots on one or more separate parcels of land in two or more phases.

'If certain conditions exist in a phased development, the strata corporation may not make, modify or repeal a bylaw to restrict the age of occupants, unless particular requirements are met,' said Mangan.

If the developer in a phased development complies with the dates in the Phased Strata Plan Declaration or in an amended Declaration, for the beginning of construction of each phase, the regulations state that the strata corporation may not create, change or repeal any bylaws dealing with 'the age of the occupants' until one of the following occurs:

     • the annual general meeting is held following the deposit of the final phase 
     • in accordance with the Strata Property Act, the developer elects not to proceed with the next phase 
     • The Supreme Court of British Columbia declares that the developer is deemed to have elected not to proceed
     • the strata corporation obtains the written consent of the developer.

 

If you have questions about age restriction bylaws, contact your don't hesitate to call us 604.644.3634

 

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So who is buying real estate, what types of properties are they buying and where are they buying on the north shore?

 

Click here for my newsletter and summary of real estate trends on the North Shore and in Greater Vancouver:

 From the Desk of Dodi Spring 2014

 

As always I'm here to answer any questions you may have. Whether you are planning to sell or buy, I'd love to help you capitalize on today's market trends.

 

Regards Dodi

604.644.3634

 

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604–644–3634
dodi.t@shaw.ca

RE/MAX Dodi Thorhaug Realty
#101-2609 Westview Drive North Vancouver, BC V7N 4M2 Canada

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