Blog by The Schacter Team

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Affordability at 17-year low

January 29th, 2008
Vancouver least hospitable to prospective buyer
John Morrissy

Province

Friday, January, 25, 2008

...

Recessions strike fear, but what do they mean?

January 29th, 2008


CBC News

The mere mention of the word can cause serious jitters for Canadians who hold a job, invest in mutual funds or are thinking about making a large purchase.

And when one is about to hit, you hear the word "recession" mentioned a lot.

The Economist magazine has an index to gauge an economic downturn, by counting the number of times the word "recession" appears within stories in t ...

19 20875 88TH Ave, Langley, British Columbia

January 28th, 2008

I just finished uploading this Townhouse for sale, 19 20875 88TH Ave, Langley, British Columbia

Beautiful "Terrace Park" duplex style townhome. Laminate flooring thru out and a great open spacious floor plan. Balcony off eating area. Fourth bedroom down could be den or family room. Large double garage! Lots of visitor parking. Recreation, shopping and schools in close walking distance - Grea ...

Keep your home in shape throughout 2008

January 23rd, 2008

Keep your home in shape throughout 2008


Province

Sunday, January, 13, 2008




Make a list of projects you plan to complete during the year. Include big projects so you can budget ahead. Check toilets for leaks. Post important emergency info: Location of main gas valve, for instance, or contact numbers for heating and cooling service.

FEBRUARY

Organize garage or shed; clean, sharpen ...

Scotia Bank 2008 Economic & Market Outlook

January 23rd, 2008

Warren Jestin, Senior Vice-President & Chief Economist

The unprecedented jump in the loonie over the past nine months highlights both the extraordinary volatility of exchange markets and the inherent vulnerability of the U.S. dollar to shifts in global investor sentiment. From its early-February low to the high briefly touched in early November, the Canadian dollar appreciated by almost 30%. ...

RELAX - THe Canadian mortgage picture is far brighter than in the US

January 23rd, 2008
The U.S. subprime crisis developed over several years as borrowers with little or no income, little or no equity, and a history of not paying their bills were approved for subprime mortgages. To attract even more of these borrowers, Option ARMs (specialized Adjustable Rate Mortgages) were offered. These mortgages started ...

27698 SIGNAL Court, Abbotsford, British Columbia

January 23rd, 2008

I just finished uploading this House for sale, 27698 SIGNAL Court, Abbotsford, British Columbia

Beautiful new home in new Aldergrove neighborhood. Slate tile throughout entry and hallway with soaring 2 story ceiling in formal living room. Maple kitchen boasts all granite counter tops and PLUS a separate spice kitchen. Family room has double crown mouldings on the drop ceiling and opens to ba ...

Bank Of Canada lowers key rate by .25%

January 23rd, 2008

Yesterday's announcement by the Bank of Canada that it is reducing its key interest rate by a quarter point means that lenders will be under competitive pressure to decrease rates for variable-rate mortgages and lines of credit based on the prime rate. However, lenders differ in when exactly they adjust their variable rates. At the same time the US Federal Reserve has reduced their rates by . ...

1650 196TH Street, Langley, British Columbia

January 14th, 2008

I just finished uploading this House for sale, 1650 196TH Street, Langley, British Columbia

Perfect hobby farm with 2 stall barn/loft, workshop, machine shop, and chicken coop. Solid rancher with lots of parking. Berber carpeting, French doors, gas fireplaces, maple hardwood and laminate. Huge master bedroom with his/her closets, ensuite with 2 person shower, soaker tub and pine cabinets. Ki ...

BC Home Sales Smash Record Book

January 14th, 2008

Vancouver, BC - January 11, 2008. British Columbia Real Estate Association (BCREA) reports residential sales volume on the Multiple Listing Service® (MLS®) in BC climbed 19.5 per cent to $45.1 billion in 2007, the highest level ever recorded. Residential unit sales increased 6.4 per cent to 102,811 units in 2007, only the second time BC home sales have exceeded the 100,000 unit mark (a ...

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