Bank of Canada revising economic outlook
Posted on Apr 25, 2021 in Government and real estate
When the Bank of Canada made its planned financial announcement this week, the headline that caught every analyst’s attention seemed to be about the brighter future.
The Bank is projecting that consumer spending will mean economic growth of 6.5 per cent this year, 3.7 per cent next year and 3.25 per cent in 2023. This projection is 2.5 per cent high...
Earth Day: reviewing energy improvements
Posted on Apr 21, 2021 in Energy efficiency
There can be a legitimate connection between Earth Day (tomorrow) and real estate. Promoting energy efficiency is known ti be a valuable factor in selling a home, which means it’s important to both buyers and sellers.
The number of ways that homes are becoming more energy efficient seems to be growing all the time.
The number of ways that homes are becoming more energy efficient seems to be growing all the time. In recognition of Earth Day, let’s...
Splashes of colour to brighten your home, your office, your life
Posted on Apr 15, 2021 in Home improvements
“Our homes have become offices, entertainment centres and classrooms, which means the colours, sights and sounds in our rooms have an even bigger impact on our daily lives.”
If there’s ever a need for elevating your mood in a positive way, it’s now, right?
That statement is in a Postmedia story in the Edmonton Journal this week, a quote attributed to...
Market value sells listings in real estate or on eBay
Posted on Apr 12, 2021 in Selling a house
The concept of selling a house is the same as anything else that sells at market value.
It is worth what the market says.
For example, suppose you want to sell something on eBay that you think is worth $50. So you list the item for $50 and over the next 7 to 10 days, interested parties will bid. Maybe two will bid, or more. In the end, the highest bi...
Finding down payments for first-time buyers
Posted on Apr 08, 2021
Some of you may not want to let your kids read this:
A recent poll showed that Canadian parents are willing to gift children (or other family members) an average of $60,513 to help them buy their first home.
Nice!
The reality check (or reality cheque) here is that may be what it will take to help young people enter the real estate market. Not that thi...