Vancouver 2nd most unafforable city?

General 23 Jan

Vancouver is the world’s second-least affordable major city to buy a house, according to an annual survey of global housing markets. The Eighth Annual Demographia International Housing Affordability Survey covers 325 metropolitan markets around the world. It measures the markets using something called the “median multiple,” which is the median house price divided by gross […]

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Angela Calla on OWN Networks Million Dollar Neighbourhood

General 20 Jan

Good Afternoon, I thought I would share with you my involvement in the OWN’s show Million Dollar Neighbourhood, which begins airing in late January. I had the opportunity to be involved with Episode 4 where the hundred families came together to put together a charity “Wine and Dine event” with celebrity Chef Anthony Sedleck in […]

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BOC stays the same, fixed rates move to historic lows

General 17 Jan

Good Morning, No surprises here, prime remains the same the full press release can be viewed here http://www.bankofcanada.ca/publications-research/press-releases/ What is making news is we finally have longer term fixed rates below prime at 2.99%, various lenders have different policies and conditions on this offer, which may or may not be worth it for you and […]

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Divorce your mortgage and debts

General 6 Jan

Divorce your mortgage and debts  If you’re carrying a mortgage with an interest rate higher than 4% or debts that are costing you more than $300 a month, it’s time to divorce your debts with a new mortgage restructure. Let’s face it, you’re not only in a partnership with your spouse or significant other, but […]

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4 Questions Mortgage Borrowers should ask-Angela Calla

General 5 Jan

Here are the 4 Questions from City TV’s BT this morning 1. If I have mortgage default insurance do I also need mortgage life insurance? Yes. Mortgage life insurance is a life insurance policy on a homeowner, which will allow your family or dependents to pay off the mortgage on the home should something tragic […]

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3 reasons why there is such a demand for Canadian Housing from China

General 16 Dec

When asking this question to one of our clients (a new resident to Canada from China) they stated the following: 1.       In mainland China you cannot own a home, it can only be leased for 70 years. 2.       There are no “safe” retirement programs such as RRSPs or 401k’s. 3.       They didn’t feel comfortable leaving […]

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Will you get an extra paycheque in December?

General 13 Dec

Make use of extra ‘gravy’ at Christmas Garry Marr  Dec 10, 2011 – 7:00 AM ET | Last Updated: Dec 12, 2011 1:18 PM ET Christmas comes twice a year for some Canadians — or so they think. The three-paycheque month is viewed across this country as some type of well-earned bonus that comes through the […]

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Buying in the off season pays off in real estate

General 8 Dec

If you’ve been thinking about buying a new home but don’t think that the cooler months make for an ideal time, you may actually benefit from changing your perspective. Though spring and summer are typically the most active real estate buying and selling seasons, house hunting in winter has its own benefits. Knowing what they […]

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