How to Become a Homeowner on a First-Time Buyer’s Budget It's not easy being a first-time home buyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory
MY HOME DIDN'T SELL! NOW WHAT? When it comes to listing your home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly.
BE AWARE-THE COWICHAN VALLEY MARKET IS CHANGING! There has been a lot of recent talk among myself and my colleagues here and on Vancouver Island in general. There is no question in anybody’s mind that the real estate market is changing now
JUNE 15 IS A BIG DAY FOR THE REAL ESTATE INDUSTRY IN BC! June 15th is a very important date for Realtors and you if you are planning on doing Real Estate. After that date Realtors will no longer be able to
The Office of the Superintendent of Financial Institutions (OSFI) has released guidelines for the mortgage industry that will take effect on Jan. 1, 2018. What does this mean for buyers and sellers? Recent previous changes meant insured borrowers (those putting less than 20% of the
We received some information from the British Columbia Real Estate Association - BCREA - which reviewed the recent Bank of Canada interest rate announcement: Bank of Canada Interest Rate Announcement - October 23, 2012The Bank of Canada once again opted to hold its target for the
Real Estate markets change and market specific strategies should be employed for the market that you are in. While some might say that we are approaching a balanced market I can say that we are still very much in a Buyer’s Market. In a Buyer’s
Did you know, if you are thinking of purchasing a new residential home for the purpose of using it as a secondary or recreational residence you may be eligible to receive a grant? This grant will be equivalent to the amount of the PST portion of the
Did you know, if you are thinking of purchasing a newly constructed home as your primary residence as a first time home buyer, you may be eligible to qualify for the first-time new home buyers' bonus? This bonus is a one-time refundable personal income tax
A short while ago I wrote my annual Spring Newsletter which I mailed out to all my clients. Yes, in this age of emails, e-cards and the like I still believe that a printed Real Estate Update from your Realtor is a nice way to
