No Bubble To See Here – Part 1

[vc_row][vc_column width=”1/1″]Short version: There is no bubble. There is increasing demand and decreasing supply. The media want to sell newspapers, hence one inflammatory theory after another. Shadow this, foreign that, dirty money, etc. Factors, but...

Playing With House Money

[vc_row][vc_column width=”1/1″] SHORT VERSION How much of the current record-setting price gains are self perpetuating? That is, ‘I just got paid $100,000.00 over asking, so now I too will pay $100,000.00 over asking… maybe $120,000.00 over’. It’s ‘found...

Property Transfer Tax Changes

[vc_row][vc_column width=”1/1″] Property Transfer Tax Changes Short Version There are no changes to the first-time home buyer exemption limits (with the exception of point #2 which includes first time buyers). All buyers (first-time buyers and repeat...

Subject Free? Perhaps Not.

Subject Free? Perhaps Not. Short Version: Stellar credit, tremendous equity, and strong documented income are not enough to guarantee financing approval. The lender must approve of the property as well – and there is more than simply value reviewed. Lenders reserve...

Interest Rates, First Time Buyers & Socks

[vc_row][vc_column width=”1/1″]As we race into the holiday season a few brief notes for first time buyers of both 2015 and 2016. Along with a tidbit on interest rates, always a hot topic. First a mention of my sock project: Please check out ‘Beat...