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Don’t Panic, Stay Calm

Last month Oxford Economics released a report forecasting that “Canadian Home Prices Expected To Fall 24% By 2024 or can crash 40%”.First off, I want to point out that Oxford Economics made a similar prediction in 2020 that the Canadian  Housing market was expected to fall by 9% in 2021- which obviously didn’t happen. Now, there are a lot of people who read this article and I just want to throw...

4 Mistakes to Avoid in Commercial Real Estate

Big risk, big reward! That applies to a lot of real estate investments. But of course, if you’re smart about your investments then you can always lower your risk. Things such as planning for the worst, avoiding beginner mistakes, and staying away from sticky situations.  This is ever more prudent as you level out of residential investments and dive into commercial real estate.  Here are the 4...

3 Major Renovations to Boost Home Value

Renovating your home before you sell it, good move or bad?  Minor renovations such as patching a hole in the wall or repainting the walls are small and cost efficient changes that could help make your home more appealing to the potential buyer.  But if we’re talking about big changes we all need to be realistic about how much you should budget towards a home that you intend to sell....

Should I Buy or Sell in the 2022 Recession?

All this summer people have been buzzing about a recession. Word around is that there are experts and non-experts alike debate about when it’s coming, or if it’s already arrived. With lowered employment, downward economic trends, a recession can last anywhere between months to even years. Investors have put a pause to their stocks, people are thinking twice about quitting their jobs. And what's on...

BC Assessment Vs. Market Value

https://www.youtube.com/watch?v=_ouhybeVJ0E BC ASSESSMENT BC assessment is used by the government to classify your property value and determine the base for your property tax. The assessment can be based on a few of the following: Location, the view, lot size, age of the home, number of garages or add-ons. The Value that you received in the mail this year, is actually from the evaluation last...

Oberizon Homes – Where Luxury is Redefined

Having been in the real estate industry for six years, the successes of Jas Oberoi Group are thanks to the support of many friends, family, and clients. It’s our hope that those who have supported us will continue to be through this new endeavor. This has been a labour of love and we’re pleased to announce the new Jas Oberoi venture in Oberizon Homes, where luxury is...

Professionals You’ll Meet While Building Your New Construction

It takes a village to raise a child and it’ll take a community to build a home. Or so they say, and in the world of real estate construction it really becomes a group effort to build the home of your dreams. So, if you’re looking to get into new constructions these are some of the professionals you need to prepare the meet.  https://youtu.be/a8oj6fZf35Q Land Surveyor  To start...

H.E.L.O.C. Real Estate Investing

Home Equity Line of Credit- this is what HELOC stands for.  If you’re a homeowner and you’ve been paying your mortgage for however many years you’ve owned it, it doesn’t matter if the mortgage is completely paid off your house or not, your home now has equity appreciation.  Equity appreciation is how much value your home has grown in the eyes of the bank or your lender. How is this...

Fixed vs. Variable Mortgage

What’s the difference between Fixed and Variable Mortgage?  As you all may have heard, the Bank of Canada has increased the overnight mortgage interest rate by 0.5% for the first time in 20 years! With word that there will be another increase in June. This might have potential buyers high-tailing it to lock into a fixed rate. But before you go on making any commitments, is it really worth it?...

Crash or Correction

We’ve reached a point in the real estate market that has everyone buzzing. Prices have stopped skyrocketing and in fact, they're even dipping a bit! Buyers left and right are celebrating, sellers are regretting they didn’t sell last year, and nearly everyone is asking if this means we can look forward to a market crash. But what constitutes a...

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