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One Year, Buyers Only

You have to list, to last. That’s a kind of old Realtor proverb. And there’s no reason to believe that it’s not true. You can’t make it as a buyers’ agent alone, they say. This is an experiment Starting now, I’m not taking listings in Nelson anymore, so I can exclusively work for buyers here.…

Special Tips for the Bank of Mom & Dad

If you’re thinking about co-signing on your kids mortgage to help them get into a market that’s hard for them to crack on their own there’s one critical and easy thing to know that will save them (or you) thousands of dollars down the road. Here are some additional resources about co-financing that are helpful…

Are more Albertan’s Moving West?

Here’s an interesting article about the potential causes of the increased heat in our local market. While Albertans may be a factor, I think a bigger factor is our current lack of inventory. The number of local first time buyers seems fairly high to me as well, given the interest rate environment and fears that…

Housing Market Ends Year in Balanced Conditions

Vancouver, BC – December 12, 2014 The British Columbia Real Estate Association (BCREA) reports that a total of 5,972 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, up 8.8 per cent from November 2013. Total sales dollar volume was $3.4 million, an increase of 12.1 per cent compared to a…

CMHC to raise mortgage insurance rates, effective May 1, 2014

CMHC to raise mortgage insurance rates Canada Mortgage and Housing Corp. is raising the rates it charges to insure mortgage loans by an average of 15 per cent. The federal agency said Friday that the new premiums will go into effect May 1 and apply to new mortgages, not those already insured. How much the…