For many people, real estate investments are a key strategy to grow wealth and get set up for success. As I always say, there’s a reason why all of those millionaires and billionaires have strong real estate portfolios. There are many tax advantages, allowing you to keep more of your wealth, including the capital gains deferral and deduction of ope...
The economy and the real estate market have both shifted, and that’s made some people nervous about the future of real estate. Because we saw so many home sales in 2020 and 2021 during what was a good time for the economy and the real estate market, there are worries that a flood of foreclosures is on the horizon. But are thousands of foreclosures...
If you want to successfully become a homeowner, getting pre-approved is one of the best first steps you can take. But sometimes buyers, especially first-time homebuyers, think that getting pre-approved is just another random thing to do.
Getting pre-approved is anything but something random or optional. In fact, it’s a key step to finding the right...
A new homebuyer protection period will protect people in B.C. looking to buy a home from being pressured into high-risk sales.
The period is the first of its kind in Canada and marks the first key action the Province is taking based on the B.C. Financial Services Authority’s (BCFSA) report on ways to o...
What is the new cooling off period for B.C. homebuyers?
Earlier this month the B.C. government announced that considering the low inventory and soaring house prices, that they will be introducing legislation for a cooling off period for home buyers. The intent is to give home buyers the opportunity to make well informed decisions on their purchase...
Happy New Year! I hope you had a nice time over the holidays and enjoyed that fantastic surprise of snow that kicked off winter! The cold of winter did not tamper that hot housing market of 2020 with December being another record-breaking month! As you will read further on, the Fraser Valley had it`s strongest December on record with 2086 sales! No o...