April, May and June of 2021 could be likened to the spring of 1858 when thousands forged their way north into the Interior and Cariboo regions in search of gold and fortune. The only difference is this spring, LAND is the gold that buyers and investors seek. Canadians are in the midst of re-positioning themselves, literally moving to change their location for safety and the security of a better financial position. Insured mortgages are running at record highs across Canada, meaning that banks are still actively lending and approving residential real estate mortgages. These risk free loans backed by CMHC and the Federal Government are a way to continue to bolster our failing economy and keep Canadians borrowing and spending money. The exit of the CMBPP leaves long term collateral damages like double digit price growth and widens the wealth inequality gap between renters and asset holders even further. The BOC had a primary directive to stabilize the economy with the Bond Purchasing Program and stated the widening wealth gap is a by-product of this best policy approach. The competition is getting tough in several regions including 100 Mile House, Williams Lake, Prince George, Fort St. John, Smithers, Terrace, Kitimat, Prince Rupert, Fort Nelson, Mackenzie and Quesnel all saw incredible sales figures and record prices. Great demand and small supply continues to create multiple offers on medium to lower priced housing. Read More> British Columbians have been living with uncertainty for over 2 years, and even when the threat of viral infection becomes a secondary consideration, fundamentally what we have lived through has changed us. Once a year, my daughter Linda and I travel to Europe as a part of our annual estate marketing strategy. This trip takes us to several European countries over two weeks, including; Germany, Holland, Switzerland, Austria and England. For decades, we have been doing this to network with buyers and sellers promoting properties from our […]
Tag Archives: bc real estate market news
The Great 2021 LAND RUSH!
Positioning for profit and peace of mind.
A test of resilience for long-standing BC markets
Is there still a middle class in our electric future?
Supply, Demand and Debt – You Can’t Print Gold!
Transformative Lifestyle Choices Spur 2020 Land Rush.
BC Markets to Feel the Global Discord in 2020.
