Will the new home buyer’s incentives save the housing market? The newly released 2012 budget for the B.C. government contains a sort of a lifeline thrown to real estate market in Vancouver. Aside from all the “bubble talk” the government…
Monthly Archives: February 2012
Fearing layoffs?
by Vasko DeLev • • 1 Comment
Financial strategy for government workers who may lose their job With the government budget coming up soon, all the talk during coffee brakes is about the layoffs. There is only one certainty – large number of people will lose their…
Discount coupons: are they for the poor only?
by Vasko DeLev • • 0 Comments
Do as the rich do – use them! The reality is that “rich” people use more often discount coupons than the one in need. The recent proof for this anomaly is a research done by Coupons.org. According to their findings,…
Neighbourhoods: Barrhaven (Ottawa)
by Vasko DeLev • • 0 Comments
The real estate pulse The data presented here may not cover exactly the area City of Ottawa calls Barrhaven. I have taken the liberty to carve out a rectangular between Woodroffe Dr., Fallowfield Dr., and Strandherd Dr. and to look…
Real estate pulse of your neighbourhood
by Vasko DeLev • • 0 Comments
New project: Home shoppers start here Home buyers can’t complain about lack of information. MLS.ca has thousands of listings, real estate agents promote properties for sale on their websites, the local newspaper and free brochures are flooded with ads. And…
The ”feel good” effect on housing
by Vasko DeLev • • 0 Comments
Jobs – critical element for stable real estate With planned reductions of government jobs lots of people wonder how this will affect the value of their house. It’s a good question. Traditionally the evolution of things for many goes this…
TD Canada Trust on its way to conquer New York
by Vasko DeLev • • 1 Comment
… while some Canadian consumers straggle to get credit The other day I was reading people complaining on an online forum about TD raising the rate on their line of credit. Yes, they did it on mine too – from…
Housing: More people = higher prices?
by Vasko DeLev • • 0 Comments
Can demographics explain the housing boom in Canada? The easy answer is yes, but this is the wrong answer. With the help of Stats Canada we now know the growth of our metropolitan cities. The simple logic that goes like…
TD Canada Trust: Prepayment fees
by Vasko DeLev • • 0 Comments
TD is making some changes in the right directions. Going forward, the bank will disclose on their mortgage documents how the prepayment fees would be calculated. An online calculator has also been added to their website. Borrowers can now…
Canadian housing: “More like a balloon than a bubble”
by Vasko DeLev • • 0 Comments
Should you listen to Sherry Cooper? When BMO released their housing report at the end of January, the media was quick to grab selected quotes and try to calm down the nation that no housing bubble is to be found…