The Bank of Canada cut its key overnight interest rate 50 basis points to 0.5 per cent, the lowest level ever Click here to read full story OTTAWA - The Bank of Canada has cut a key short-term interest rate about as low as it can go in what is becoming a frantic effort to spark recovery from a recession it admits it has misjudged in terms of both duration and seriousness. The central bank did what ...
Posted by Barry Connerty
on March 6, 2009
First time buyers are leading the way in our economic turn around as they take advantage of great deals on houses and on Money. With housing prices down 11% from Last January and mortgage rates at the lowest we've seen in years it really is a great time to buy. Check out this article by the Canadian Press:
Click here to see the actual web page
First-time home buyers could lead a rebound ...
Posted by Barry Connerty
on February 25, 2009
Just strolling along Sapperton Landing talking about New Westminster.
Posted by Barry Connerty
on February 16, 2009
Barry Connerty is talking about Canadian Tire, Shoppers Drug Mart and Telus. All three companies posted large earning this quarter. That relates to Real Estate because, just as these companies, have managed to earn profits in the current economy there are some segments of the Vancouver, Lower Mainland market that are still performing well. What needs to be heard ...
Posted by Barry Connerty
on February 16, 2009
We are starting to see the media finally start making some positive claims based on the statistics that have been causing all the negativity. As I have been saying for months now, people are going to realize that market corrections are part of the growth cycle and that negative growth periods can often be the best time to buy.
It may sound like conflicting statement but the truth ...
Posted by Barry Connerty
on February 16, 2009
New Listing:
111 - 1830 Alberi Street
Vancouver, BC
Newly updated - Non conforming - 2 bdrm Garden Suite. Great location, West of Denman with Northeast exposure. New flooring, appliances and in suite laundry. Large patio with hardwood decking and patio stones, new fence and gate to sidewalk with built in cooking area which includes SS BBQ, SS Fridge and ...
Posted by Barry Connerty
on February 7, 2009
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Posted by Barry Connerty
on February 6, 2009
http://www.margusriga.com/
Posted by Barry Connerty
on February 6, 2009
One question that keeps coming up with pretty much everyone I know - friends, clients, family - When is the right time to buy? Some people in the industry are getting tired of the question but I love it. No one knows for sure when the exact bottom is going to come or if there will indeed be an actual bottom mark. More likely there will be a flat period which will last several months ...
Posted by Barry Connerty
on February 2, 2009