This weekend was my daughter’s 5th birthday party. On Saturday, we had 10 screaming 5 and 6 year old girls over. On Sunday, we had a family party including a couple close friends (20 adults and 23 kids (aged 3 to 16)).
When I told my 93 year old grandmother that I purchased a home in East Vancouver’s Mount Pleasant neighbourhood, I thought she was going to keel over and die. “You bought WHERE?!
Take a look around as you drive through the streets of your neighbourhood and you may notice, as I did, that many people are choosing to build their own homes these days. Driving through one street, I counted 7 new single family homes under construction within 5 blocks!
In this day and age everything seems to be going “smart”… my phone, my books, my camera, my car and so on. Now I’m looking for my home to go smart too.
Having just recently returned from a trip to New York (literally, just a few hours ago) I thought I would show off some photos from some great exhibits at the Museum of Modern Art. They just so happened to be showing an exhibit called “Counter Space; design + the modern kitchen”.
For the most part real estate in Vancouver has been considered a sport for the better part of the past 8 to 10 years.
That is the question.
Yes, December is already here and the malls are as frantic as a cattle ranch with people buying gifts for their loved ones. Every year homeowners get so caught up in the festivities that they forget to give some TLC to the one thing that provides them with shelter… their home.
The old saying that “slow and steady wins the race” may be particularly true when investing in real estate. The days where new communities sold out in mere hours are behind us, now replaced by steady absorption over several months.
Last week we posted a blog that helped make sense of the new mortgage rules that were introduced on January 17, 2011. Because of the high debt to income ratio in Canada, the government had to change the way people borrowed money. These changes include: