Interest Rate hikes are Hitting Some Hard
Posted on Oct 19, 2018
A strong economy can spell hardship for a struggling few.
A slowing economy and rising borrowing costs will probably push Canadian delinquency rates higher in coming months, according to the country’s largest credit reporting firm.
Bill Johnston, vice president of data and analytics at Equifax Canada, predicts the rate of late payments on consumer d...
Should You Grow Marijuana in Your House
Posted on Oct 17, 2018
As of October 17, 2018 it is legal to grow up to 4 marijuana plants in your home. This may be legal but beware that it may decrease the value of your home and could seriously impact the ability for potential buyers to access a mortgage to buy your home in the future. The Real Estate Board of Greater Vancouver as well as the Fraser Valley Real Estat...
To Buy or Sell First - That is the Question.
Posted on Oct 15, 2018
This is the most common question asked by prospective home sellers; whether they should sell their home first and then buy, or whether they should buy first and then sell. It really does depend on the Seller/buyer and on the market conditions. There really is no right answer but each situation will present options with greater risk so it's importan...Slowing Trend Adds Inventory in Fraser Valley
Posted on Oct 10, 2018
The slowing of sales activity and expansion of overall inventory that has defined much of 2018 for the Fraser Valley housing market continued in September, with sales at their lowest point and inventory at its highest for the year.
The Fraser Valley Real Estate Board processed 1,035 sales of all property types on its Multiple Listing Service® (MLS®...