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February Market News

Just announced this week, what you need to know!

The home flipping tax was announced in Thursday’s 2024 budget and is set to come into effect on Jan. 1, 2025. If you purchase a home and sell it within 2 years you will be subject to a tax up to 20% of the increase in value over that time. The seller will be taxed up to 20% on profits made on a property sold within 12 months. This tax declines to 10% after 18 months.

It will not apply to land or portions of land used for non-residential purposes,...

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HOME WITH HELM
Paring down belongings from your or your parent's home, a home that has been lived in for years, often decades can be an exhausting process as there are so many decisions to make. My recent Facebook post shares a few dos and don'ts to help streamline the process. Our latest e-newsletter is out. To receive monthly in your inbox subscribe at info@janethelm.com Ready to start a conversation about rightsizing your lifestyle? Whether you need a little guidance or full move...
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Marketing Strategy to Sell Your Home
In a world where first impressions can make or break a deal, the art of strategic marketing is a powerful tool to elevate a home’s appeal. At HELM we believe every home has a story just waiting to be told. Who Is the Buyer? Are the Buyers upsizing or downsizing? Is being close to the school of value to the Buyers and needs to be promoted? Will the additional room be professionally staged as a child’s bedroom, guest room, office, or exercise room? Many buyers will drive by the home for...
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AT THE HELM MARKET UPDATE
Metro Vancouver's housing market shows resilience in 2023, ending the year in balanced territory. The Real Estate Board of Greater Vancouver (REBGV)  reports that residential sales in the region totaled 26,249 in 2023, a 10.3 percent decrease from the 29,261 sales recorded in 2022, and a 41.5 percent decrease from the 44,884 sales in 2021. Last year’s sales total was 23.4 percent below the 10-year annual sales average (34,272). “You could miss it by just looking at the year-end...
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DOWNSIZING MADE EASIER
SOLD! “Janet, I am so appreciative of everything you did and continue to do for me. I’m not sure how I would have managed without you. I didn’t worry about anything.” "Thank you, Janet. Your expert advice, constant support, and communication with my sister were greatly appreciated by myself and my family."
Music to my ears! What a rewarding experience collaborating with H. Managing and navigating the rightsizing process with H took over a year, which included her paring down...
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