7 Jun

Rate and Terms of a Mortgage Are Both Important

General

Posted by: Kimberly Walker

Here’s a story you can share with your clients who only want to talk about rate. Omer Quenneville loves to tell the story of the two clients who bought identical condos in the same building – and especially loves to remind the client who didn’t listen just how wrong he was.   “Do I love […]

Read More
1 May

Canadian Homeowners Admit to Mistake Making When Buying A Home

General

Posted by: Kimberly Walker

Majority (60%) of Canadian Homeowners Admit to Mistake Making When Buying a Home; Renovations (15%), Small Down Payments (14%), and No Home Inspection (13%) Among Top Concerns Affordability (46%) and Saving for Large Down Payment (32%) Top Reasons for Not Buying Until Now for First-Time Buyers Monday, April 29, 2013 Toronto, ON – When it […]

Read More
3 Apr

News Release Fraser Valley Real Estate Board April 3, 2013

General

Posted by: Kimberly Walker

News Release: April 3, 2013 LOWER INVENTORY KEEPS HOME PRICES IN CHECK AS ‘SLOW BUT STEADY’ MARKET CONTINUES (Surrey, BC) – In March, the Fraser Valley Real Estate Board processed 1,128 sales on its Multiple Listing Service® (MLS®), a 20 per cent decrease compared to the 1,412 sales during the same month last year, and […]

Read More
13 Mar

Lost decade predicted for Canadian housing market

General

Posted by: Kimberly Walker

Lost decade predicted for Canadian housing market 7 Home prices boom is now a bust; future increases will mirror rate of infl ation Think of it like an elastic ( being stretched). The snap back is going to be a lot harder.GRANT CONNORNATIONAL BANK FINANCIAL After years of growth, economists say the real estate boom is […]

Read More
4 Mar

News Release Fraser Valley Real Estate Board March 4, 2013

General

Posted by: Kimberly Walker

News Release: March 4, 2013 POSITIVE SIGNS FRASER VALLEY HOUSING MARKET IS STARTING TO MOVE (Surrey, BC) – Sales on Fraser Valley’s Multiple Listing Service® (MLS®) in February experienced a typical ‘early spring’ surge, increasing by 48 per cent in one month going from 617 sales in January to 913 last month. However year-over-year, they […]

Read More
26 Feb

What Mortgage Rates Could Do To Affordability!

General

Posted by: Kimberly Walker

Good Morning!!   Great article on the effect of rates on housing affordability…     •           TSX    -50.76 to 12,650.87 •           DOW   -216.40 to 13784.17 •           Dollar   +.0007 to 97.45 •           Oil   -0.70 to 92.41 •           Gold   +5.40 to 1592.00   *these numbers have been taken from  www.tmxmoney.com  at 6:18 […]

Read More
21 Feb

Interest Rates Rising: Are You Living On The Edge?

General

Posted by: Kimberly Walker

Interest rates rising: Are you living on the edge?   By GoldenGirlFinance.com | GoldenGirlFinance.com   Canada’s benchmark interest rate has been at 1 percent for more than two years and, as a result, a lot of Canadians have gotten pretty comfortable floating along on a cloud of cheap debt. Unfortunately, most economists agree that the […]

Read More
19 Feb

Most Canadians dream about buying and owning their first home..

General

Posted by: Kimberly Walker

Most Canadians dream about buying and owning their first home. A significant rite of passage, buying a home is not only a big financial deal, it’s a big life deal.   Most people assume it’s better to buy a home than to rent, and to be honest, I have a bias toward home ownership, too. […]

Read More
6 Feb

How Much Does The Mortgage Rate Matter?

General

Posted by: Kimberly Walker

How Much Does The Mortgage Rate Matter?  Often times, borrowers are   fixated on their mortgage rate because it’s the one aspect of their home   financing they know to ask about. But, it’s important to look beyond mere   rates into the bigger picture surrounding what’s significant when it comes to   your specific mortgage […]

Read More
4 Feb

News Release Fraser Valley Real Estate Board Feb. 2012

General

Posted by: Kimberly Walker

News Release: February 4, 2013 HOME SALES SLOW TO NEAR HISTORIC LEVELS IN FRASER VALLEY AS BUYERS WATCH AND WAIT FROM SIDELINES (Surrey, BC) – A total of 617 sales were processed through the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) in January, a decrease of 23 per cent compared to 799 sales […]

Read More