Hey, We work with real estate prices everyday and this article below only confirms, what we already know, property prices have increased over the past year and by the article below, that will continue into 2015. Great time to invest or move up.. Daily Market Update Home News by Jamie Henry31 Oct 2014 Positive outlook […]

Broker: Variable will continue to trump fixed. by Jamie Henry | 30 Oct 2014 The message from several brokers is that variable rates still reign supreme, following a story about one financial professional’s personal mortgage blunder. “From what I analyze daily, low rates will be with us for a long time,” Brian Lambert of Real […]

CREA Reports Housing Sales “Ease Back” in September Oct 20, 2014 The Canadian Real Estate Association (CREA) reported last week that Canadian existing home sales declined on a month-over-month basis in September for the first time since January. Volumes were down 1.4% from August’s figures but, on a year-over-year basis, September saw sales which were […]

For Immediate Release: October 2, 2014  Strong summer for Fraser Valley real estate carries through to September  SURREY, BC – The Fraser Valley Real Estate Board processed 1,419 sales on its Multiple Listing Service (MLS®) in September, an increase of 25 per cent compared to the 1,131 sales during the same month last year, and […]

Canada house prices to climb further, crash fears rising … Anu Bararia Reuters – Published Thursday, Aug. 28 2014, 5:08 PM EDT                         36                                                                     13                       […]

CMHC crunches condo ownership breakdown inShare   by Justin da Rosa | 12 Aug 2014 Brokers and industry professionals have often wondered what percentage of condos in Canada’s two biggest markets are owned by investors and the data has finally been compiled. “As information on condominium investment is rather limited at this time, CMHC has […]

News Release: July 3, 2014 STRONGEST JUNE IN FOUR YEARS FOR FRASER VALLEY REAL ESTATE MARKET   (Surrey, BC) – The Fraser Valley Real Estate Board’s Multiple Listing Service® (MLS®) processed 1,668 sales in June, an increase of 26 per cent compared to the 1,327 sales in June of last year and 2 per cent higher […]

News Release: June 3, 2014 MARKET STRENGTH SOLIDIFIES IN THE FRASER VALLEY   (Surrey, BC) – May’s property sales in the Fraser Valley reached the highest they’ve been in seven years with the Fraser Valley Real Estate Board posting 1,633 sales on its Multiple Listing Service (MLS®), an increase of 18 per cent compared to May […]

It’s Friday and since we heard Bank of Canada Governor Stephen Poloz mention that it’s unlikely rates are increasing any time soon (article below) it’s a good day to talk variable rate mortgages. Yes, not everyone can qualify at the BOC 4.99% rate and some clients prefer fixed rates  – but there are still lots […]

Canadians still prefer fixed rates by Jamie Henry | 21 Apr 2014 Brokers may be touting the advantages of variable-rate mortgages but more and more Canadians believe fixed-rate options are preferable in the current environment. “Even though we’ve had a relatively stable rate environment for a number of years, Canadians are being prudent when it […]