Everyone dreams of owning their own home, but for many people, the financial requirements can seem insurmountable. While a home won’t ever be cheap, it might not be as bad … [read more]
These days, it isn’t always easy to find a property to buy. It is even harder when you are looking for your dream home. For many people, building their own … [read more]
A combination of narrowing price gaps and sky-high demand has reduced supply in Vancouver, leaving buyers with fewer purchasing options. According to Dexter Realty’s October Sales Report, detached home prices … [read more]
There are numerous opportunities for those willing to invest in real estate in today’s market. Whether you want to buy and rent out a house or start your own business … [read more]
Plans to put a stop to blind bidding in Canada could have the opposite intended effect by driving up real estate prices in hot markets, a new report suggests. The … [read more]
One of the biggest discussion points in real estate is home prices, both for real estate professionals and regular people. But while trends can be similar in different areas, actual … [read more]
Canadian real estate is seen as bulletproof but more banks are warning that might not be the case. CIBC Capital Markets’ November forecast shows a steep climb to the overnight … [read more]
Going against conventional wisdom, realtors are advising sellers to list during the winter rather than waiting until spring. According to a recent Royal LePage survey of more than 950 real … [read more]
Home prices in Metro Vancouver continue to inch higher as activity remains high and demand exceeds supply. According to a monthly market report by the Real Estate Board of Greater … [read more]
While there is no shortage of upkeep and maintenance-related tasks that property owners must deal with, not all tasks are created equal. Knowing which of these concerns to prioritize and … [read more]
We all know that COVID-19 has changed the world as we know it: our society, the economy, and beyond. So it’s no surprise to see that homebuyer preferences have changed … [read more]
In order to combat difficulties in the rental market in 2017, the city of Vancouver implemented the empty homes tax also known as the vacancy tax. Vancouver’s vacancy tax was … [read more]
The fall housing market is typically one of the busiest times in the year, a period where you might expect more listings to come online. But according to insights from … [read more]
Vancouver developers could see rezoning and permitting fees rise in 2022, including a new $218-per-hour fee to handle expedited requests for property research letters and documents. City council will vote … [read more]
Condo sales and prices have been on the rise in one of Canada’s most expensive and popular markets. In its 2021 Condominium Report for Greater Vancouver, RE/MAX attributed strong market … [read more]
Last week, Vancouver received a top 10 ranking in a global assessment of the worst real estate housing bubbles in the world. This, along with other bad omens and the … [read more]
If you are looking to get the best available interest rates when applying for a mortgage, your credit score can make a big difference in helping you secure the best … [read more]
Just Sold – Richmond #112 – 8760 No. 1 Rd Richmond Apple Greene Park – HANDYMAN SPECIAL. This functional and spacious 1 bdrm and den (easy to convert to a … [read more]
SURREY, BC – Demand for Fraser Valley real estate remained solid in October with overall sales the third highest on record. The Board processed a total of 1,938 property sales … [read more]
The increased activity seen in the Lower Mainland’s commercial real estate market in the beginning of 2021 carried into the second quarter (Q2) of the year. There were 726 commercial … [read more]
Unless you plan to pay for your entire property upfront, you will likely have a mortgage when you buy real estate. Mortgage interest rates are a huge factor in a … [read more]
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years. The Real … [read more]
Rory Clipsham is a independently owned and operated broker member of Oakwyn Realty Northwest. This is not an offer for sale. Not intended to induce breach of an existing agency agreement.
2025 Rory C Real Estate, All Rights Reserved. Contents of this website, including the photography & videos, may not be used without written consent from Rory Clipsham . Maximum effort is put towards the details but cannot guarantee, buyer to verify all details.
Comments Off on The General Answer & Terms That Affect Mortgage Affordability