Hello out there! It’s Spring 2021. Do yourself a favour and skip to the last paragraph. Haha! or read the full context if you have a few mins. The Covid19 vaccines are making their rounds and I think we are all very hopeful we can return to normal very soon. The housing market has been red hot despite
2020 is nearing the end and I think we are all ready to say goodbye to 2020. Covid19, Lock downs, Job losses, protests, murder hornets, forest fires, snow in mid October with record cold temps, the list seems to be endless. As a whole Canada has done well and really come together as whole to keep our Covid19 numbers low
Sadly I must admit my last post missed the mark. I underestimated Covid19. It clearly has effected much of the entire globe and will leave huge and lasting impressions. I was for sure wrong to suggest that the effects of Covid19 on the financial markets would be “relatively short lived”. As the situation has played out it has proven to
Spring into 2020! Spring 2020 is just around the corner. This year started out with expectations of being a little more settled than recent years as far as the economic landscape is concerned. Cue Corona virus. What more can be said. This thing has crippled China, killing thousands while thousands more suffer from this illness globally. It is truly a
Looking forward to 2020 after the BOC’s latest The Bank of Canada’s recent decision to hold rates steady leads some to believe the economy is holding strong amidst global uncertainty. This may certainly be true to an extent, but i think the pressure is mounting and the current environment is about to encounter some turbulence. Stephen Poloz (Governor of the
Fall/Winter 2019 11/01/2019 The Calendar has rolled into November, it’s officially Fall/Winter 2019. Justin Trudeau is still our prime minister and the Bank of Canada governor is still Steven Poloz. The real estate market is still strong however we have seen some slowing and a shift closer to a buyers market. The Bank of Canada recently announced the key lending
Here we are 5 months since my last post. It’s time to check up on the market. It’s springtime and the sun is shining, we’ve had zero flood waters, and yes, Okanagan properties are still a hot item. Just not quite as hot as last year. Demand remains strong however it looks to be a much more balanced market than
It’s a new year that is welcoming us with open doors, excitement, speculation, opportunities, and for some there could be disappointment. The news headlines are cloudy at best, but the sun is still shining and while some will see the storm coming, others will be seeing the opportunity. If you’ve been basking in the riches of the recent market run
Dec, 2018 – News on the News When was the last time you read about “good news”? Recent market head lines are making waves with predictions for a real estate correction, losses in the stock market, and the potential for a looming recession. Doesn’t really sound very cheery does it? The good news is that most of what you are
Don’t rush to lock into a fixed rate mortgage! So you’re in a variable rate mortgage and the discount is prime -.6% or more. You’ve seen interest rates rising over the past year. It is expected the Bank of Canada to push rates up another .75% in the coming year, making your variable rate to be on par with some