[vc_row][vc_column width=”1/1″]New mortgage rules are headed our way this fall, and they will affect you. Short Version: As of this fall (no specific date set yet) you will qualify for 25% less mortgage money than you do today. Long Version:...
[vc_row][vc_column width=”1/1″] The image is of an actual flight leaving without me July 14, 2017. Despite being given 90min extra due to a delay…I missed it! A first in 25 years of solo travel. I also missed calling this rate hike accurately. It was...
[vc_row][vc_column width=”1/1″] The case for variable has always been strong, although often a few misconceptions must be addressed to clarify why this is. Economic good news is what pushes interest rates up, not economic bad news. When’s the...
[vc_row][vc_column width=”1/1″]The chart from a recent CMHC presentation says it all. ***Note*** The percentage numbers on the right of the image are the total number (quantity) of sales – NOT the sales price. Prices have not declined...
[vc_row][vc_column width=”1/1″]The average person if stopped on the street and asked; Are today’s low interest rates driving up house prices? Would likely say ‘yes’. They would be wrong. And we can let their lack of understanding pass,...
COLLAPSING OUR RRSP & VANCOUVER REAL ESTATE Annual Update – April 16, 2017 In the spring of 2012, after a 15-year roller-coaster ride on the stock market (huge gains and sharp drops) with a net gain of less than 2% on the total contributions made, it was...
No significant reading for you this morning. Instead you can click here to have a listen in on a chat I had with a couple of expert Vancouver Realtors… Matt Scalena, and Adam Scalena host a great series of interviews with locals about the Vancouver Real Estate...
It may seem like I have not been writing much on the market so far this year, in fact I have but most of it has been as guest pieces on industry related sitee. A lot of it may interest you as well. What is our government up to? (restricting your ability to borrow is...
[vc_row][vc_column width=”1/1″]Q. Is today the right day to buy yourself a home or not? A. Today is the right day assuming one has found a specific property that works for them on all levels. This question arises on a near daily basis within...
Most Realtors I speak with on a day-to-day basis have buyers starting to stack up like cordwood, and a very limited supply of properties to show said buyers. I have written posts for several years outlining why ‘there is no bubble’, and little has changed....
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