If you want into the Canadian real estate market with the lowest possible entry-level lending terms and conditions available then I believe your time could be running out. In October 2008 the federal government bailed out the Canadian banks with a $25-billion takeover of bank-held mortgages to ease a growing credit crunch, and Finance Minister, … Read more
Are you considering investing in real estate south of the border? Here’s a little backgrounder. It’s been concluded that borrowing related to real estate primarily fueled the credit bubble in the U.S. It is my understanding that as homeowners defaulted on their mortgage loans, the financial institutions then devolved many of their losses (and responsibilities) … Read more
Should you buy or sell first? Downsizing? Family growing? Relocating? These are some of the many reasons for wanting to move. The key to your decision on whether you should sell or buy first is planning ahead and we’d like to help you explore all of your options. For those that don’t have the financial … Read more
Tonight the Canadian Pacific Holiday Train 2010 completed its twelfth cross-Canada journey at Queen Street Plaza in Port Moody, BC, and once again the weather cooperated as the locals enjoyed the festivities. In Port Moody, attendees brought non-perishable food items to add to the generous corporate contributions made locally. All collected donations are given to … Read more
Buyer Beware – Buying Real Estate with Confidence A mortgage broker, a REALTOR®, a lawyer and a financial planner in the same room at the same time, offering a FREE workshop, and answering all of your questions about purchasing real estate. This unique real estate seminar will provide you with insights to avoid pitfalls and … Read more
As a Port Moody REALTOR I’m constantly driving out and about in the Tri-cities and surrounding areas, and while doing so, I get to make many interesting observations. One that is truly bothersome is pedestrian safety being compromised when distracted by the use of mobile devices. On January 1, 2010, the laws were changed in … Read more
Coquitlam, Port Coquitlam and Port Moody Real Estate, and surrounding areas of the Lower Mainland is now available from your mobile device… My real estate clients now have the ability to check out houses whenever they want, wherever they want from their smart phone. Then they can simply and directly contact me about a specific … Read more
LANDCOR® Data Corporation compared proprietary House Price Index results from July 2009 to July 2010 in order to estimate the change in property value. After the analysis here are predictions of what homeowners in the Tri-Cities can expect in the mail in January: Municipality Detached Condo Coquitlam 14.6% 7.1% Port Coquitlam … Read more
China has many popular beliefs, customs and superstitions. The Chinese, and in particular the Cantonese, take what numbers say very seriously. The concepts of Chinese numerology play a role when it comes to the real estate market of Metro Vancouver, according to the findings of a University of British Columbia study: Lucky number eight helps … Read more
Multicultural BC needs to be Immigrant-Friendly. “The ‘perfect storm’ has been created by an aging workforce, a declining 15-24 year old new entrant pool and stiff international competition for talent. Strong economic growth over the last five years has increased the skills gaps in BC. Small businesses are particularly vulnerable when trying to deal with … Read more