Mortgage Updates and Budget Report
Posted on Apr 12, 2022 in On the Market
A highlight from this month's Federal Government Budget report is a proposed $40,000 TSA for under 40 year olds 1st time buyers who may make an annual contribution up to $8000 and unlike your RRSP when you pull the money out, it’s tax free. That’s good news. Of course it’s for a particular sub-set and must be used to buy a house and cannot be combi...
The Shifting Real Estate Market in the Fraser Valley
Posted on Mar 23, 2022 in On the Market
We are experiencing a shift in the real estate market in the Fraser Valley! This is a welcome change that's easing some of the pressure we've been experiencing in the past couple years. More inventory is coming on the MLS (Multiple Listing Service) every day and so this means we need to also shift some of our expectations AND our strategies.
In thi...
In thi...
British Columbia Real Estate Association White Paper
Posted on Mar 02, 2022 in On the Market
The British Columbia Real Estate Association - the arm between us as Realtors® (all 24,000 of us!) our local boards and the provincial government act to help navigate regulations and rules and also provide ongoing mandated education for our industry.
This week the BCREA provided the provincial government with a white paper with some recommendations...
Is the Lower Mainland Real Estate Market Shifting?
Posted on Feb 22, 2022 in On the Market
GREAT news! We are starting to see some shifts in the market! We predicted this would happen as more homes are being listed on the MLS (Multiple Listing Service). So what does that mean to you as a seller or a buyer?
Moving forward we will be adjusting our strategies.
Typically we’ve seen properties listed on the Thursday or Friday, showings on the...
Moving forward we will be adjusting our strategies.
Typically we’ve seen properties listed on the Thursday or Friday, showings on the...
Mortgaged Till We Die?
Posted on Feb 15, 2022 in On the Market
Mortgaged Till We Die?
The Globe and Mail came out with an article titled “Mortgaged until I die? For many, that’s okay” and their opening line is “With money so cheap and home appreciation so high, home ownership has taken on a whole new meaning.”
Ain’t that the truth? Do you remember when interest rates were 18% back in the 80’s? Times have change...
The Globe and Mail came out with an article titled “Mortgaged until I die? For many, that’s okay” and their opening line is “With money so cheap and home appreciation so high, home ownership has taken on a whole new meaning.”
Ain’t that the truth? Do you remember when interest rates were 18% back in the 80’s? Times have change...
Investment Opportunities in Vancouver
Posted on Feb 01, 2022 in On the Market
Where should you invest as a 1st time investor?
Most would assume the condo market in the Fraser Valley would be more affordable and there would be more opportunities, but you may be surprised to learn that the downtown Vancouver, and surrounding areas are actually a better opportunity at the moment! (February 2022)
I explain why in the video. I’d lo...
Most would assume the condo market in the Fraser Valley would be more affordable and there would be more opportunities, but you may be surprised to learn that the downtown Vancouver, and surrounding areas are actually a better opportunity at the moment! (February 2022)
I explain why in the video. I’d lo...