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.
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.
We have spent more time at home, in our houses, condos and apartments in the first five months of 2020 than any other time in history.” Simultaneously around the globe in March, humanity was sent home to stay home. Home has become a workplace, a classroom, a workout studio/gym, a revolving gourmet restaurant, a dance […]
Having pushed the restart button and emerged into the “New Normal, we discover that BC’s economic engine is but a shadow of its former self. Citizens and businesses must now face the long term consequences of the national measures taken to combat the Covid19 pandemic. No amount of government stimulus funding will make up for […]
The pandemic has left some questioning the ‘grand bargain’ of small condo life — but for others forced to ride transit and continue working in public, there’s no choice at all, and even the best laid urban plans will have to adapt. Stefan Labbé / Tri-City News MAY 18, 2020 04:47 PMShannon Johnstone returns home from a […]
Social distancing across the globe brings the already tech-savvy real estate market to the ultimate test. Real estate is an industry born from face to face contact and will always need a human touch. But as we are urged to distance ourselves socially the impact on face to face business has to change… quickly! The […]
2020 residential real estate poised to be a “much more typical year” than recent activity, says B.C. Real Estate Association Joannah Connolly Glacier Media Real EstateJanuary 13, 2020 Following a slide in B.C. home sales that put total transactions in 2018 at 24.5 per cent lower than 2017, a flurry of activity in the second half […]
Remember back to a time when you were imagining how you would run your own business and what kind of lifestyle you would enjoy as a result of your imagined efforts. Before you registered your business name or incorporated, and before you knew what you know now about being an independent business owner. Was there […]
Property buyers spend allot of their time asking many questions to determine if a property they like is the right choice for them. Buyers must perform some level of due diligence with every property that they are seriously considering. A buyer must examine every aspect of a home and property to confirm that your listing […]
Planning a spring listing for your home or property? If your goal is to sell your home, you may be surprised to learn that there are many positives when potential purchasers are viewing your home during the winter months. The short lull in interested buyers around the December holidays turns into a mid January movement of […]
British Columbia has both an ever increasing population and a prevalent lack of saleable, privately owned land. BC’s population growth outpaced five other provinces and increased by 5.6 per cent over four years from 2011-2016. The provinces 4,648,055 citizen count has shown steady growth with an increase of between 5%-7% every 5 years since 2001. All those […]
FOR IMMEDIATE RELEASEAgassiz Based 3A®Group RE/MAX Nyda Realty Awarded Canada’s Best Property Agent for 2021. March 30th, 2021 3A Group RE/MAX Nyda Realty has been awarded Canada’s Best Property Agent for 2021 by Europe’s leading real estate magazine Bellevue. The 3A Group, led by the Fraser Valley, father and daughter team of Freddy and Linda Marks […]
Pandemic lockdowns accelerate rural property quest as urban upsides evaporate By Frank O’Brien | February 16, 2021, 12:00pm Six-acre, seven-cabin Eagan Lake Resort in the south Cariboo sold in 2020 for $1.1 million | Submitted Evidence is mounting that more city dwellers want rural real estate. In the past eight months, more than 62,000 Vancouver residents searched […]
At least 62,000 Vancouver residents searched for rural B.C. property since June 2020 as the pandemic locked down reasons to live in the city Frank O’Brien Western InvestorFebruary 10, 2021 Evidence is mounting that tales about more city dwellers rushing to buy rural real estate during the pandemic are more than anecdotal. In the past eight […]
Premises ID to be mandatory FEBRUARY 10, 2021byPeter Mitham All livestock producers will be required to register for Premises ID by next year. Participation is currently voluntary, but BC agriculture minister Lana Popham says industry demand has prompted the government to develop new regulations under the BC Animal Health Act making it mandatory. “BC farmers […]
B.C. could overtake Alberta as the Canada’s No.1 natural gas producer as environmental measures produce a premium payback Nelson Bennett Business in Vancouver Western InvestorFebruary 2, 2021 Timothy Egan, president of the Canadian Gas Association, said his association has forwarded a list of 70 natural gas related projects, worth a total of $12 billion, to the federal […]
Along with sales, the average price of homes is also predicted to rise, by nearly 8 percent SARAH GROCHOWSKI Jan. 26, 2021 9:30 a.m. BUSINESS The B.C. Real Estate Association is predicting a nearly 16 per cent uptick in sales in 2021 amid a rebounding in market listings since the start of the pandemic. “The […]
Whether you’re buying or selling a home, you need the right kind of partnerBy Justin Kerby Jan 23, 2021 Finding the right real estate agent to represent you can be challenging. There are many agents to choose from and almost every homeowner you meet will have a recommendation. It may take a bit of time, but […]