Shuchat Group Real Estate Blog

From the Guardian:

Chinese parliament approves controversial Hong Kong security law

 This article is more than 1 month old

Move paves way for anti-sedition laws that rights advocates say threaten freedoms, as US opposition builds

Attendees of the Second Plenary Session of the National People’s Congress clap their hands during a speech on May 25
 China’s National People’s Congress is preparing to vote on a draft decision that would pave the way for anti-sedition laws to be directly enacted in Hong Kong. Photograph: Andrea Verdelli/Getty Images

China’s legislature has approved controversial national security laws for Hong Kong, dealing what critics have called a “killer blow” to the city’s autonomy and freedoms.

Delegates of China’s National People’s Congress broke out into applause in Beijing’s Great Hall of the People after voting through a draft decision that paves the way for sweeping anti-sedition laws...

Read full post

The latest BC Real Estate Association economic impact analysis of the Covid-19 pandemic on BC housing prices, with a look at the sectors and players most affected.  This is a 38 page graphical presentation which distills the facts from the noise and I urge you all to review it. Please feel free to share this on any social media or with friends who may be feeling anxious about the current situation.
One thing that I found interesting in the Q & A that I had the privilege of attending with Brendan Ogmundson, BCREA 's Chief Economist, was that he did not feel the market was concerned at all with the magnitude of the new government debt or that same would result in increased interest rates to reflect any kind of increased federal borrowing risk.  That was very reassuring.
Read full post

This is an idea whose time has now arrived.  With people looking to spend a great deal of more time in their homes for leisure or work, a connection to the outdoors in strata units will be that much more important.  This company looks like they have the perfect system to help strata owners expand their living spaces.  Check out their video.  I think it is an "Amazing Real Estate Idea"!
Read full post

"New Homes" design pet peeves. I am getting tired of repeating house designs which show little thought, and, unless we talk about them, they might continue to be repeated by builders who do not bring their Realtors into the design discussions. Here are a few of mine, and feel free to add. Some of you may disagree. To each his own. However, I think, it is time we talked about some of them. Would love to hear your thoughts.
  1. interior garage entrances which require you to walk through a narrow laundry room with laundry machines which obstruct passage. I think we should pass by the laundry room door, not have to pass through a laundry room every time we come home through the garage;
  2. a) The main hall closet for the entire family in a 4-6 bedroom house is a 30" door under the stairs, more usually reserved for vacuum attachments with depth only. Why not use the frontage of the wall for a wide closet. b) No hope to move the door to the side as the closet has the electrical panel and other wiring...
Read full post

Completely renovated and ready to move in. Huge rooms and an enclosed porch quiet enough to be a reading or music room.  New bathrooms, kitchen, cabinetry, flooring, fireplace, quartz countertops, lighting and stone chimney. Walk to Richmond Centre, Skytrain, new Senior Centre, pool and library. Strata fees include hot water, nat gas and municipal utilities. Call Arnold for showing protocol: 778-227-7325 Check out this short video featuring "The Music Room!
Read full post

For many of you, real estate issues are not really top of mind right now as a result of the everyday stresses because of Covid-19. Nevertheless, because real estate has been top of mind for so many years as price continued to firm, I thought I would shine some light on what is happening in the industry right now.

Firstly, the government declared Real Estate Agency services to be an essential service.  Being that real estate is so connected to shelter, it was felt that the doors could not be closed on services that assist in the provision of housing.  However, based upon the general self-isolation guidelines, Brokers have generally advised Realtors to restrict services to those which are exclusively essential. Currently,  the Real Estate Board of Greater Vancouver has suspended access to open house listings and has discouraged personal showings.  In cases where the showings are essential in nature, my Sutton Westcoast Realty office has instituted strict protocols for the...

Read full post

Not everyone gets to be able to sell their home at the perfect time in life when all clutter is removed. Sometimes moves are made when families simply grow out of their current home.  Two of the forgotten areas of home staging are the back yard and the garage.  In my practice, I have noticed that for these two areas, it has become acceptable to simply leave them as a footnote: garages are jam packed with clutter from the rest of the house and back yards are simply unimpressive spaces accessible from the kitchen with little thought to exterior decor. But people need to "be" outside and incorporating the outside, especially the backyard into your living space will impart lasting benefits to your property.

During the summer months, if you have somehow managed to spiff up your exterior space, take the time to shoot some amazing photography to capture the fruits of your efforts.  Perhaps you might end up selling your home in the winter or the rainy season when leaves and water...

Read full post

I am going to put some effort into reviving this page.  For starters, I will open the page up to comments.  I will explore downsizing alternatives for people living in the Lower Mainland.  Be sure to check it out from time to time to see articles and topics which complement this blog.
Read full post
Categories:   Coming Soon1
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.