Keith Roy & Associates
Direct:1 (604) 264-6661
Office:1 (604) 263-1911
Fax:1 (604) 648-8132
Email:homes@keithroy.com
Macdonald Realty Ltd.
2105 West 38th Avenue
Vancouver, BC
V6M 1R8 CA
 
Friday, May 7, 2010

Macdonald Realty Named Largest Firm in Canada

Macdonald Realty placed first in the Real Trends 200 survey of Canada’s largest brokers.  The results were published in the May 2010 edition of Real Trends magazine, and was also reported in the May 5th and May 6th editions of the National Post, Vancouver Sun, and The Province.
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Tuesday, April 6, 2010

Listings Near You

To see the current listings around you where ever you are visit keithroy.com/m on your iphone. This is a great tool to see listings in your area.

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Monday, March 29, 2010

Raising Interest Rates

Effective Tuesday TD Canada Trust and Royal Bank are rasing there interest rates on some of the fixed mortgage rates. Including the 5 year fixed mortgage, which all new buyers have to qualitfy for.
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Friday, March 19, 2010

Lawsuit

On March 18, 2010 a Class Action Lawsuit was filed against Ozzie Jurock and his partners David Barnes and Ralph Case, by Gregory Bosworth who is the representative plaintiff on behalf of over 70% of the owners of the Roosevelt Heights Apartments in Prince Rupert.
 
In 2006/2007 the aparments were converted in to strata condos. The lawsuit alleges misrepresentation, the Defendants signed a disclosure statement under REDMA (Real Estate Development Marketing Act) stating that the buildings were free of material defects. The Plaintiff alleges that there were significant material defects discovered subsiquent to the sale of the condos which the investors believe the Defendants knew existed and did not disclose to them. The owners/investors have asked the developers to remedy the defects in the buildings but Ozzie Jurock and his partners have declined so the owners asked Mr. Bosworth to launch this claim on their behalf.
 
For more information go to:
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Tuesday, February 16, 2010

Interest Rates

The Finance Minister, Jim Flaherty, has said that the federal govenment is going to make it tougher for people to get a mortgage. Ottawa is going to require that all borrowers meet the standards of a five year fixed-rate mortgage. This will take effect on April 19th. Flaherty said that these measures would “have some stabilizing effect on the housing market. And stability is a good thing.” As well, he said the changes should still make housing affordable for first-time homebuyers. His main concern, he added, was that Canadians were at risk of overextending themselves as interest rates are at historic lows and are bound to climb.
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