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Blog by Angela & Bryan Schroeder

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First Time Buyers

August 9th, 2010

Mortgage brokers often see trends developing before anyone else. They are often the first point of contact for people who are looking to get into the market. Through analyzing pre-approval trends they are often able to predict certain opportunities that will arise within a four to five month window.

Over the last week or so I am told that there has been a significant influx of pre-approval ...

ReZoning - Coming soon

July 24th, 2010
For anyone who is planning to develop a piece of land in Nanaimo, you should be aware of the new zoning bylaws that are being drafted to enhance the new OCP (Official Community Plan). The City's idea is to make the system more friendly, while promoting more affordable housing, in an environmentally friendly way. If you have an interest in property for the purpose of development, these new b ...

Interest Rates UP Again

July 20th, 2010
As has been rumoured for the last few weeks, the Bank of Canada interest rates were raised again today by 0.25%. This brings the record low rates up a notch, but should not have a major detrimental effect on housing prices. With the rates remaining low at 0.75%, it is not sufficient to cause any sort of panic. The Prime rates are still significantly lower than the average rates over the pa ...

Ride of Your Life

July 15th, 2010
View this VIDEO FOR THE REAL ESTATE RIDE OF YOUR LIFE!!!!

Nanaimo BC July Newsletter

July 6th, 2010
2010.07 NL.pdf

HST & me...

June 29th, 2010
As Benjamin Franklin was purported to say, "...nothing can be said to be certain, except death and taxes."

July 1st - HST will be implemented in BC and Ontario. According to an Ipsos Reid poll, 78% of BC residents are opposed to the HST, but like it or not, it will be implemented on July 1st. According to a similar poll, many people plan to reduce spending on items that are considered to be ...

HST

June 22nd, 2010

HST Update

As everyone is prob ...

Nanaimo BC June Newsletter

June 16th, 2010
June 2010 Newsletter

An Eye on Interest Rates

June 5th, 2010
So, here we are.

The Bank of Canada has increased it's amazingly low rates for the first time in three years, with speculation running high that it may repeat this exercise in the near future. The Bank of Canada governor Mark Carney has stated that further changes, "would have to be weighed carefully against domestic and global developments", in keeping with the target of achieving 2% infl ...

Be Wary of Suspicious Offers

May 14th, 2010
There was a warning posted this morning out of the Alberta media, about "suspicious offers" being presented to purchase real estate properties. According to the article by Clara Ho at sunmedia.ca, unsolicited letters have been sent to a number of homeowners, with an offer to purchase their properties at near market value, citing a closing date that is six months or more in the future, with t ...
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