December 2011

Found 3 blog entries for December 2011.

2012 will most likely be a continued rebounding year for the British Columbia real estate market. Outside of the Vancouver Metro area, expect the real estate market growth to remain slow, but steady and stable.

Overall, British Columbia is expected to see a higher than average growth in housing starts, estimated by the CMHC to be a 7.1% increase for 2012. Housing starts in British Columbia are projected by the CMHC to be roughly 24,000 on the low side with a high forecast of 28,000. Of these, 60% of the new starts are forecast to be multiple units. As with most of Canada, mortgage rates remain low in the British Columbia region, making financing attractive for purchasers. Mortgage rates remain close to 3.5% for a 1 year closed term and below 5.5% for a

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Renovations and Repairs – Preparing Your Home For Selling – 7 Things you should know When Selling Your Home.

Selling your house is the process of turning your house into a product. You cannot expect someone to buy a product that is broken or damaged.

Here are some valuable tips you can use when selling your home or getting ready to list your home on the market:

  1. When selling your house, you need to make all necessary replacements and repairs to damaged parts of your house. When preparing your house to be sold, there are certain areas of the house that buyers will look at the most. Knowing these areas will help you to be successful in selling your house.
  2. The two rooms to be concerned about most are the kitchen and bathrooms. These rooms can
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Why Surrey is BC’s BEST Real Estate Investment Town. For two years in a row, The Real Estate Investment Network of Canada rated Surrey BC the best real estate investment city in Canada for residential real estate. The REIN group also rated Surrey the 4th best overall city in Canada for real estate investment.

The study was based on:

  1. Average household income
  2. Transportation capacity
  3. Job outlook
  4. Population
  5. And other factors

Surrey has been growing steadily over the past decade and some predict it may eventually overtake Vancouver as BC’s largest city. Its population has grown by 100,000 in the past decade. The city is rebounding from the worldwide financial setbacks of 2008, showing substantial growth in the residential market.

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