Resources from the Vancouver Island Real Estate Board Working with a Real Estate Agent: Buyers and sellers are presented with the brochure “Working with a Real Estate Agent” when they first meet a REALTOR®. Industry regulations have now made it mandatory for agents to explain immediately the kind of relationship you can have with your […]
Article from Realtor Mag The spring market will likely be a hotter one this year, as low interest rates and a healthier economy lure more home buyers to the marketplace. NAR's latest housing report: Tight Supplies Put Home Prices on the Move “Interest rates below 4 percent, rising rents, and healthier local job markets are […]
Article from the Toronto Star Personal Finance If you want to use your Registered Retirement Savings Plan (RRSP) to help buy your first house or condo, you can borrow up to $25,000 in any one year, with 15 years to pay it back. For younger readers it’s an attractive possibility, because a couple can borrow […]
From the Vancouver Island Real Estate Board January sales activity was down in the VIREB coverage area, but the average house price continues to inch upward. In the VIREB coverage area, 196 single-family homes sold on the MLS® system in January 2015. This represents an 8% decrease from the 212 sales recorded in January 2014 […]
Great infographic about the benefits of homeownership from House Logic.
BCREA ECONOMICS NOW Bank of Canada Interest Rate Decision - January 21, 2015 In a bombshell announcement this morning, the Bank of Canada announced that it is lowering its target overnight rate to 0.75 per cent. The surprise loosening of monetary policy is in response to the recent dramatic decline in oil prices and the […]
SOURCE: Resources from the Canadian Mortgage & Housing Corporation Whether you rent multiple units in a high-rise or an apartment in your basement, you need to know many things about finding tenants and making your rental business work to your advantage. Getting Started: When searching for tenants, can you exclude people with children? When a […]
Article from http://www.thestar.com/life/homes/2014/12/26/do_your_homework_before_shopping_for_a_home_ask_joe.html My New Year’s resolution is to buy my first home. What are the biggest trends you saw this past year that I should be aware of as I prepare for my purchase? The final days of the year are a good time to reflect about the past and make goals and plans […]
Are you a homeowner? Discover some helpful New Year's Resolutions to implement this year. Resolutions from House Logic This time, it’s going to be different. A brand new year, brimming with possibilities, and you’ve resolved to move through your house like a whirling tornado of can-do, fixing, painting, and organizing. This year, nothing will stop […]
From the RE/MAX Blog We all have fantasy images of our dream house. These images may be hard to let go of when buying a home, especially when all you can afford are homes that, well, let’s just say need some TLC. That’s when it’s important to keep in mind that the fixer-upper you’re looking […]
