Blog by The Schacter Team

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Buying for the Long -Term: Making the Right Decision

May 11th, 2012

With news reports this week suggesting the Canadian property market might be in a bubble, is this the right time to buy? If the market is in a bubble that may mean that prices may fall in the next few years, rather than continuing to rise. When prices have been rising consistently as they have been, it can be difficult to imagine them ever falling. There are plenty of reasons to think that th ...

Let's Change our Vancouver Real Estate Vocabulary

January 11th, 2012

Vancouver Real Estate Vocabulary | BCBusiness
Image by: Stewart
The way Vancouverites discuss real estate needs a serious makeover in 2012.

A new year means new resolutions, and we should start fresh when talking about Vancouver real estate.

Happy 2012! In keeping with the spirit of the brand new year, I say we resolve to look at our dynamic real estate market in a fresh way. Let’s proverbially “sweep out the old” and make room in o ...

Don Campbell on GlobalTV BC - December 31, 2011

January 11th, 2012

Bank of Canada holds rates at 1%: Key takeaways

September 8th, 2011

Bank of Canada holds rates at 1%: Key takeaways
Mark Blinch/Reuters

Eric Lam Sep 7, 2011 – 9:32 AM ET | Last Updated: Sep 7, 2011 12:37 PM ET

Amid an environment of growing economic uncertainty at home and abroad, Governor Mark Carney and the Bank of Canada decided Wednesday to maintain the key lending rate at 1% while declaring the need for rate hikes has “diminished.”

"This is a dramatic po ...

Bank of Canada holds rates at 1%: Key takeaways

September 8th, 2011

Bank of Canada holds rates at 1%: Key takeaways
Mark Blinch/Reuters

Eric Lam Sep 7, 2011 – 9:32 AM ET | Last Updated: Sep 7, 2011 12:37 PM ET

Amid an environment of growing economic uncertainty at home and abroad, Governor Mark Carney and the Bank of Canada decided Wednesday to maintain the key lending rate at 1% while declaring the need for rate hikes has “diminished.”

"This is a dramatic po ...

Banks move to bump up mortgage rates

September 1st, 2011

Some Canadian banks are hiking their variable mortgage rates, seeking to pump up its profit margins as it becomes evident that interest rates will remain low for some time to come.

Royal Bank of Canada (RY-T49.08-1.04-2.08%), the country’s largest bank, kicked off the increases on Tuesday, raising the rates on its five-year variable closed residential mortgages by 0.20 percentage points. As a ...

Six tips to help sell your home faster

September 1st, 2011

In a declining real estate market where supply outstrips demand, a person can generally sell a house faster by lowering the price. But there are other ways to enhance a home's attractiveness besides lowering the asking price. If you're looking to sell your home in a cooling real estate market, read on for some tips on how to generate interest and get the best price possible.

Differentiate Fro ...

Fraser Valley Real Estate Board Donates $10,000 to YMCA for Housing for Single Moms

August 18th, 2011

November, 25 2010 02:55:34 pm, by FVREB
Categories:Announcements, Quality of Life Initiatives

http://www.fvreb.bc.ca/blog/index.php/2010/11/25/fraser-valley-real-estate-board-donates-10-000-to-ywca-housing-for-single-moms

YWCA Vancouver is pleased to announce a donation of $10,000 from the Fraser Valley Real Estate Board (FVREB) in support of our new housing development for single mothers i ...

Realtors say new homes cost less thanks to HST

July 19th, 2011
Realtors say new homes cost less thanks to HST
 
 
BY PAUL J. HENDERSON, THE TIMESJULY 7, 2011
 
 
 
The BCREA backs up claims by Chilliwack’s MLAs that the HST will reduce new home pricess, at least below $525,000.
Photograph by: File, TIMES
With Harmonized Sales Tax (HST) referendum ballots arriving in mailboxes soon, Chilliwack's MLAs are ramping up support for the "No" side in favour of ...

Interview with Warren Buffet

July 8th, 2011
Warren Buffett said his Berkshire Hathaway Inc. spent about US$4 billion acquiring stocks since February as new portfolio manager Todd Combs added two holdings.
"We bought some equities that we probably spent US$4 billion on," Buffett told Bloomberg Television's Betty Liu on the "In the Loop" program today, in an interview from Sun Valley, Idaho. "They're in the space of common stocks."
Buf ...
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