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 […]
An Overview for Non-Residents wanting to buy or sell Canadian Property from the British Columbia Real Estate Association. Read the full article. Non-Residents Buying Canadian Real Estate There are no restrictions for non-residents purchasing real estate in Canada, though they may become subject to Canadian income tax laws, and will certainly encounter the following taxes […]
September Sales Activity Reflects Increased Consumer Confidence NANAIMO, BC - Sales activity throughout the Vancouver Island housing market area rose in September, indicating increased consumer confidence and paving the way for strong fall sales. However, since sales in September 2013 were relatively weak, the higher numbers posted last month don’t represent a hotbed of robust […]
British Columbia – Affordability improves, yet still historically strained From RBC's Housing Trends & Affordability Report Housing activity was quite brisk in British Columbia in the second quarter. Home resales (unadjusted for seasonality) rose to a five-year high, while the pace of new listings picked up sufficiently to keep the demand-supply equation in balance. Price […]
Taken from RE/MAX Western Canada's Tips for Selling Your Home LETTING GO OF CLUTTER When prospective buyers walk through your home, they tend to imagine it as if it were their own. You can help them envision their dream space by presenting a clean, clutter-free environment NEW PERSPECTIVE Bring a friend, a RE/MAX professional agent or […]
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 […]
