Mindblown: a blog about philosophy.

Monthly payments become more manageable for young Canadians aiming for homeownership. Some advocate for broader eligibility, expressing concerns about effectiveness in high-priced markets.The industry expects a significant impact, potentially spurring more construction and aiding rental market relief.

Introducing a 20% tax on homes sold within the first year to deter speculation. Tax takes effect Jan. 1, 2025, decreasing over two years of ownership.

Kamloops: Avg home price around $620K; diverse economy with opportunities in various industries.Sooke: Avg home price approximately $679,700; picturesque coastal town offering a laid-back lifestyle.

Selling a timeshare in Florida can be stress-free with a reputable resale company like Fidelity Real Estate. Real estate agents may not specialize in timeshare resales, so working with experienced companies is recommended. Resort buyback programs and being cautious of scams are important considerations when selling a timeshare responsibly. Avoid upfront fees and unrealistic promises…

BCREA reports 3,979 residential unit sales in January 2024, ↑ 29.4% yearly. Avg residential price in BC ↑ 10.5% to $957,909 in January, compared to the low-point of $866,922 in the past 2-yr.

Teen brothers in Squamish, B.C., started a successful farm stand business selling veggies but are now facing eviction. The high rental costs in British Columbia are forcing families out of their homes, with some resorting to creative ways to appeal to landlords. The housing market's rapid rise in rent is causing evictions, leaving tenants struggling…

When buying a home, successful negotiation depends on understanding market value, finances, and inspection results. Tips include researching market value, knowing finances, and using a home inspection. Negotiate for price, repairs, warranties, closing costs, and other terms. Consider walking away if terms are unacceptable. Continue to full article

BC Real Estate Association reports ~30% increase in home sales yearly in January, with prices up. 3,979 sales completed in January, averaging $957,909, ↑ ~10% yearly, totaling $3.8B in sales.

After introducing the Rental Protection Fund, it aims to preserve affordable housing in British Columbia by funding non-profits to acquire existing rental buildings. With an initial $500M pool, the goal is to acquire 2,000 units. 306 units have been acquired so far, totaling $74M in funding. Continue to full article

Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!