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Category: Industry Trends (16 posts)

  • July 25, 2018 @ 1:59 PM
  • Posted by Siemens Group

House Flipping 101: How to Prevent Injuries During Demolition Days

Demolition days are a major perk for those engaging in house flipping. You get to smash kitchens, bathrooms, bedrooms, and living rooms to smithereens as you demolish the interior of the home you're

  • March 28, 2018 @ 12:38 PM
  • Posted by Paula Siemens

Five Things to Consider Before Flipping a House

House flipping can be a tempting way to make fast money, but not every fixer-upper has the potential to be profitable. Here's five things to consider before buying a property to flip. 1. Time Tele

  • January 10, 2018 @ 1:43 PM
  • Posted by Paula Siemens

The Advantages and Disadvantages of Buying a New Home vs an Existing Home

If you're planning on investing in real estate, then you're going to have two main options: to buy an existing home or buy a new home. An existing home is a house that has been lived in before, wherea

  • November 22, 2017 @ 12:53 PM
  • Posted by Paula Siemens

Seven Inexpensive Home Staging Ideas for a Quick Sale

When your home is on the market, first impressions matter more than ever. If a potential buyer doesn’t like what they see in the first few minutes, that bad start could color the rest of their e

  • May 10, 2017 @ 1:10 PM
  • Posted by Paula Siemens

Home Buying 101 - Why the Relationship with Your Broker Should Be a Positive Partnership

Whether you are looking for your first home or moving up to the home of your dreams, having an experienced real estate broker or agent in your corner is a must. Real estate is a very specialized indus

  • December 15, 2016 @ 3:56 PM
  • Posted by Paula Siemens

New First Homebuyer Program for BC Residents

  New First Homebuyer Program for BC Residents   Today @ 10:30 am the BC government announces a new program which is put in place to assist first time buyers for getting into the market.

  • November 2, 2016 @ 12:41 PM
  • Posted by Paula Siemens

TD Going Off Course

  Good morning, Yesterday TD surprised everyone, including their branch system, by announcing that they were increasing their prime rate charged on their variable rate mortgages to 2.85% from 2

  • January 8, 2016 @ 9:45 AM
  • Posted by Siemens Group

Vegas Investment Property

I came across a blog posting today that I really liked: This guy purchased an inexpensive property in Las Vegas to rent out on airbnb. Based on the numbers he presents, he's getting a fantastic Retur

  • January 8, 2016 @ 9:34 AM
  • Posted by Siemens Group

Increase to First-Time Buyer Thresholds

BC’s 2014/15 budget contained a piece of very good news for some first-time homebuyers: The threshold for exemption for Property Transfer tax (PTT) has been increased to $475,000 (from the prior

  • January 8, 2016 @ 9:32 AM
  • Posted by Siemens Group

Habitat for Humanity

Last week I had the opportunity to volunteer at the Habitat for Humanity booth at the Mortgage Broker's Association of BC conference. I've participated in Habitat for Humanity builds several times, bu

  • January 8, 2016 @ 9:31 AM
  • Posted by Siemens Group

Protect yourself against identity theft

Identity theft can cause you huge headaches, but having your house sold without your knowledge is among the worst kind of outcome that can result. Take steps to prevent identity theft and fraud by:

  • January 5, 2016 @ 3:46 PM
  • Posted by Siemens Group

Investor's Group Rate Sale

Investor’s Group Rate Sale Yesterday the media went wild with the announcement of the Investor’s Group Variable Rate Mortgage Rate sale at prime less -1.01% =1.99% based on today’s

  • January 5, 2016 @ 3:43 PM
  • Posted by Siemens Group

Prime Rate - Stable

Yesterday, the US Federal Reserve finalized their bond buying program, QE3. They indicated that they will continue to buy bonds back that are up for maturity and that the prime rate will not be increa

  • January 5, 2016 @ 3:26 PM
  • Posted by Siemens Group

Major Banks Taking Profit

Earlier this week the Bank of Canada announced it was reducing its' overnight rate by .25%. Sounds great doesn't it! Well, it really is not helping anyone aside from the major banks and their sharehol

  • January 5, 2016 @ 3:24 PM
  • Posted by Siemens Group

At Last! 20 Top Interior Designed Agree on what's In & Out for 2015

Even if you're a casual observer of interior design trends, you know that getting the professionals to reach a consensus can be as tricky as making a Victorian couch seem at home among contemporary ac

  • September 30, 2014 @ 7:24 PM
  • Posted by Siemens Group

Housing Statistics and Data

  CMHC annual reports and monthly updates contain current and historical data on housing in Canada — new construction, new home prices and sales, rental statistics and the demographics o