Vancouver Real Estate – How I learned to stop worrying and Love the Bubble. Don’t believe the Hype. (the Bubble-Hype that is) Short Version Vancouver Real Estate – in particular detached home prices can, and likely will, rise further. As more single...
[vc_row][vc_column width=”1/1″] Happy New Year! A few thoughts around resolutions to address your existing Mortgage; Payment Frequency and Amount. Take charge of something that is within your control, the effective amortisation of your mortgage. A change...
In the spirit of the most direct fictional character I know, Ron Swanson, I offer the following treatise on the subject of Real Estate. A compelling approach that has been effective for thousands of years. Buy Land. Thank you,...
[vc_row][vc_column width=”1/1″]As produced in the December 2013 edition of Western Investor Are we there yet? Lenders take a winding road back to recreational real estate RECREATIONAL FINANCING Are we there yet? Famous words from the backseat as families...
Good debt, bad debt, let’s talk about debt. Short version The focus on lending restrictions needs to include if not at this point be shifted primarily to consumer debt, i.e. credit cards, unsecured credit lines, auto loans, recreational vehicle loans, etc. Current...
[vc_row][vc_column width=”1/1″]Short version; No changes pending regarding CMHC client premiums Headlines easily mislead us Long version; The headline below in last weeks Globe & Mail caught more than a few of my clients attention, prompting needless...
This post is an opinion piece recently published in New Homes Magazine. Is it the right time to buy Vancouver Real Estate or not? This is a question that I am asked on a near daily basis by clients, friends, family, even my barista. My answer has been...
Although I started my Blog more as a way to communicate market data, policy updates, and the odd bit of ‘opinion’ to my current clients, it seems on occasion it catches the eye of people outside that circle. i.e. Garth Turner. titled; ‘The...
Annual State of the Residential Mortgage Market in Canada November 2013 Following are highlights from the 2013 CAAMP report. A copy of the full report is available to download at www.caamp.org For homes purchased in 2013, 82 per cent had fixed rate mortgages....
Happy Movember! The following is a summary of data highlights and anecdotes gathered during my attendance at the 19th annual CMHC Housing Outlook conference this past Friday Nov 1st. Interest Rates Both variable and fixed interest rates are expected to remain low for...
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