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Welcome to our News Blog with Tips and Information about Real Estate in Prince George
What is Mortgage Refinancing?
First, let’s start with what is mortgage refinancing? Refinancing your mortgage refers to the process of renegotiating your current mortgage agreement for a variety of reasons. Essentially, refinancing allows you to pay off your existing mortgage and replace it with a...
Staging a home for sale
When real estate agents talk about staging your home, they're referring to a method of decorating your home that is designed to showcase its best assets, impress buyers, and sell it quickly for the highest possible price. Because not all sellers stage their...
Home sales strong in Q3 Prince George
“The third quarter of 2020 saw the second-highest sales on record in the region since data was collected in 1980, “ said Shawna Kinsley, president of the BC Northern Real Estate Board (BCNREB). Total sales through the board’s multiple listing service increased 32 per...
Royal LePage Aspire Realty buys office in Terrace
Rod McLeod at Royal LePage Aspire Realty has purchased the Terrace Real Estate Company office at 4665 Lazelle Ave from Shannon McAllister. McLeod also owns offices in Valemount, Quesnel, Chetwynd, Burns Lake, Terrace and a main office in Prince George. “What we are...
Should you buy a home during covid??
It almost goes without saying that COVID-19 has had a far-reaching impact on the Canadian economy and healthcare system in the first half of 2020. As expected, the spring housing market was much cooler than 2019, with the Canadian Real Estate Association...
The advantages and disadvantages of buying a foreclosure
Many buyers associate buying a foreclosure with getting a steal of a deal. This can be true, but there are also potential pitfalls. The pros and cons of buying a home involved in foreclosure vary with the phase of foreclosure the property is in when purchased. Missed...
5 Investments That Will Increase your Property Value this Fall
1. Design a Clean and Cohesive Kitchen When you’re trying to up your property value, never forget that the kitchen is the big-ticket item. If you only have the budget to focus on one of these five projects, we’d strongly consider investing your time and money into...
Demand for reverse mortgage up
According to the National Institute on Ageing, long-term care facilities were hit particularly hard by the coronavirus. This has made seniors think twice about moving from their current homes into long-term care. A reverse mortgage could, therefore, be a solution to...
How long will the rebound last?
Canada’s surprising real estate market rebound is still going strong, with home sales across the country seeing a 20% boost relative to pre-pandemic levels. But how long will the pent-up demand in housing last? According to the Canadian Real Estate Association (CREA),...
Bank loans or private lenders?
Banks Bank loans are generally a flexible way to borrow money. Through a bank, you can borrow for a specific goal, or for everyday living. Whether you are looking to finance a renovation, make a big purchase, or consolidate your pre-existing debts, banks can help you...
Realtors busy in Williams Lake
Talk to realtors in Williams Lake and they will say they have been busy. “It’s nuts,” said Anita Crosina, who has been in the Williams Lake real estate business for more than 40 years. “I’m going to say it’s been like that for a year or more.” She said she is not...
RBC Economics sees nothing to indicate that home prices will fall anytime soon.
It’s the opposite instead. “We see little that can stop the appreciation in property values near term,” RBC economist Robert Hogue wrote in a market update. Hogue’s paper came out on the day the Canadian Real Estate Association (CREA) reported that July 2020 home...