Vancouver Housing Market Heats Up

If you have been reading my website for a while, you know that I have said the market would heat up again and in the spring it gets busier.  It has been my opinion that the market has been continuously slowed by more difficult mortgage qualifying rules and that there is always an adjustment period with values after changes are made, after which the market resumes. [Read more...]

Burst Bubble in Real Estate? Actually…0.49%

Amidst all the doom and gloom about the real estate mortgage in Vancouver comes a story that puts it all into perspective.

I was visiting my father last week, and he couldn’t wait to show me an article in Macleans magazine talking about the major property value crash coming up.  I read it quickly, it seemed to be more opinions than anything really substantial.  I would agree that it’s hard to see the market appreciating by 5% or more per year in the future as it has until now, because real estate in the City of Vancouver is not very affordable by the average family.

However, many people are currently wishing to buy but are holding off until the ‘great crash” happens. I have heard about this “great crash” in 2008, 2009, 2010, 2011, and…2012.  There have been dips at times in those 5 years, but they have lasted a few months at most and then the market resumes and those “dips” are quickly wiped away. [Read more...]

2.74% for 5 years! And NO Mr. Flaherty I will not change it

We do have a special for 2.74% for 5 years.  There are certain restrictions and conditions to it, so contact me for more information and to apply.  And as per my title, unlike the other Canadian mortgage lenders who federal Finance Minister Jim Flaherty calls to tell them to increase their rates and they oblige, I will not increase my rates based on political pressure.

I declare that unlike the finance minister, I believe that your money is best served in your pocket and not in corporate profits.  I am a man of the people.  Contact me today and lets get you a terms and conditions that work for you.