In a special five part series in the Canadian Real Estate Magazine investor Simmi Wadhera outlines the key lessons she has learned from dealing with property managers and advises fellow landlords on what they should consider before hiring one. Do you know the most critical factor in making the management of your day-to-day real estate […]
Article from the Wall Street Journal By Paul Vieira Focus Is on Risk to Taxpayers OTTAWA—Major changes to the rules governing Canada's mortgage-financing regime aren't in the offing, Canadian Finance Minister Joe Oliver said Sunday, as he played down suggestions Ottawa is looking to force the country's banks to bear more housing risk. Mr. Oliver […]
Article from Fresh Home Magazine Rich or poor, we could all use a little frugality in our lives. After all, who wants to waste money on electricity bills when there are far more fun ways to spend it? Remember your grandmother? — the one who insisted on wearing a sweater instead of putting on the […]
Attention Grade 12 students!! RE/MAX of Western Canada has renewed the Quest for Excellence bursary program. This year we are once again offering (16) $1,000 bursaries for a total of $16,000 to grade 12 students What is RE/MAX Quest for Excellence? The Quest for Excellence Program is a bursary program for grade 12 students in […]
Multiple Listing Service® (MLS®) sales summary data for August released by the Vancouver Island Real Estate Board (VIREB) shows housing sales activity in the VIREB coverage area was down 8% when compared to August 2013. President Elect Jason Finlayson is encouraged by the strong summer showing. “August 2014 sales remained strong in the Vancouver Island […]
Are you financially prepared for any unexpected home repairs? What can you do to make sure you are prepared for the inevitable? Discover some helpful advice in the following article. By Michele Lerner No matter how well you maintain your home, it's inevitable that eventually either age or a manmade or natural disaster will damage […]
Summer is winding down, so now is a great time to deal with any home maintenance issues you’ve put on the back burner. It’s easier to do them now, before they become a bigger problem in the colder months! Here are the top five to-dos I recommend for the end of summer: 1. Clean your gutters […]
Article from CBC NEWS The Canada Mortgage and Housing Corporation expects house prices and sales volumes to increase, even though fewer new homes are expected to be built next year. Canada's national housing agency says it expects builders to stop making as many new homes and focus on selling the ones they've already built. The […]
Canadian home prices showed momentum in July, rising 1.1 percent from June, according to the Teranet-National Bank house price index. Victoria, Ottawa, Toronto and Quebec City had the highest month-to-month increases, and 10 of the 11 cities that the index tracks saw prices rise from June. The outlier was Winnipeg, where prices have ticked down […]
Buying a new home is a major investment and possibly the biggest financial decision of your life. If you're preparing to buy your first home it is important to remember that the cost is more than just your mortgage payment and down payment. RE/MAX Western Canada gives a list of expenses that will be incurred […]
