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Interest rate hikes are coming but they'll be lower than many expect: CIBC

Rates likely to pause well below U.S. Federal Reserve's latest 4 per cent forecast TORONTO, April 10, 2014 /CNW/ - While it's clear that interest rates are heading upward, a new report from CIBC World Markets finds that the hikes will be lower than in previous cycles and fall below what many, including the U.S. Federal Reserve, are predicting.  "The nature of the upcoming expansion ...

REBGV - Home sale and listing activity continue to chart a steady path for the region’s housing market

Steady market is trending towards sellers.   Real estate listings in the Greater Vancouver area are on the rise. Listing this March have risen 9.1% from March 2013 listings, and have increased 12.4% since February 2014. The increase in listings means more supply for buyers. This is good news for buyers and sellers. Buyers have more choices, but sellers are still seeing multiple offers. A great ...

Vancouver home sales rise in March from year ago, real estate board says

VANCOUVER — Home sales in the Vancouver region picked up in March compared with a year ago, but were still well below the long-term average for the month, according to the city’s real estate board. The Real Estate Board of Greater Vancouver said Wednesday there were 2,641 homes sold through its Multiple Listing Service, up from 2,347 a year ago. However, the tally fell short of the ...

Metro Vancouver housing prices are expected to remain strong

Vancouver entered its 10th consecutive month of sales gains with the market looking healthy for spring, according to today's Vancouver Sun article.    

Buying a pre-construction condo

Buying a pre-construction condo can be a risky business. But, a little due diligence can go a long way   1.   Talk to experienced buyers No marketing effort can beat the power of word-of-mouth. Ask people around you who have bought a pre-construction condo in Vancouver before. Ask them about their experiences, fees, connections and who they recommend. There is no shame in learning ...

Property Rentals - Know the Rules

Searching for a rental property can be tough in Vancouver, and while Craigslist seems to be the go to place to find a rental, it is important to know when someone is being scammed.  My best advise is: Do your homework.  In BC we are legislated under the Real Estate Services Act and Residential Tenancy Act.  The legislation is there to provide guidance, and protect both the landlord ...

First Time Home Buyer Mortgage Financing

This is a helpful article from my associate, Jeff Evans, who is a mortgage broker with Centum. We work with many first time home buyers and if you are looking for your first home, contact me, we can help make buying a home easy. First time home buyers are often overwhelmed with the home purchase process. As a mortgage broker, part of my job is to help make sure that you understand the process and ...

Verve: Buy before March 30th & save 2 yrs strata fees!

Here is a terrific limited time offer that I have received and would like to share.  Contact me today to view and take advantage of this offer! VERVE I am so excited to be here to help you achieve your homeownership dreams in Surrey City Centre's best new home community - Verve. Check out my video below for the latest news including move-in dates and your last chance to SAVE 2 years of Strata ...

Top Remodeling Projects with associated returns!

As a Realtor, people always ask me what the top returns are in remodeling projects for the home. Here they are with their associated percentage of return on investment: 1.New Steel front door: 96.6%: Offers greater security as well as better insulation resulting in energy savings. 2.Exterior work: 97%: Biggest bang for your buck. Don't forget the importance of first impressions. 3.Addition ...

Canadians Attitudes on Mortgages

Canadians Attitudes on Mortgages 45% of Canadians would choose a fixed rate mortgage if they had to decide today 26% of Canadians would choose a variable rate mortgage 25% of Canadians were unsure of which type of mortgage they would choose FACT: 76% of Canadian homebuyers consult their banker for mortgage advice and 40% feel that the bank is their primary source of information about financing ...
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