RISK. We are all too familiar with this four-letter word that strikes fear into the hearts of many investors. But, when it comes to passive real estate investing, it’s essential to find ways to minimize it. When you invest, the goal is to create income to see your assets grow. But of course, it’s impossible…
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Why Aren’t Would-Be Sellers Listing Their Homes? There’s One Big Reason They’re Stalling
The biggest complaint in today’s housing market might not be the high prices or even rising mortgage interest rates. It’s that there aren’t enough homes for sale, a situation that appears to only be getting worse. So why aren’t sellers selling? Their top concern is putting their current residence on the market before finding a…
Kudos: Richmond realtor pledge $100K to Richmond Hospital
Donations to help with the development of a new emergency department and medical imaging centre. Richmond realtor Walloce Sohl has pledged $100,000 over a five-year period to benefit the new acute care tower at Richmond Hospital. Sohl was introduced to the Richmond Hospital Foundation in 2018 and became an early donor to the ACT NOW…
Traditional starter homes ‘completely dead’ in big cities: Realtor
Realtors say the notion of a typical starter home for young Canadians has changed, especially in the country’s biggest housing market. For many young homebuyers, the days of being able to follow in their parents’ footsteps and buy a traditional, detached starter home have largely come to an end in Canada’s big cities, according to…
Vail Valley broker Sara Hoodicoff to co-chair session at Colorado Association of Realtors event
Local Realtor Sara Hoodicoff will co-chair a seminar on international sales at this week’s Colorado Association of Realtors Spring Summit in Vail.Sara Hoodicoff/courtesy photo The Colorado Association of Realtors is holding its spring summit this week at the Four Seasons in Vail. Local broker Sara Hoodicoff will co-chair one of the meetings at the three-day…
Red Deer realtor honored by real estate association for decades of giving back
“Our committee was deeply impressed by Dale’s relentless commitment to charitable efforts that support community development,” says Darcy McLeod, Chair of CREA’s Environmental, Social, and Governance (ESG) Committee and a member of the selection committee for the award. “During the 37 years of his career as a REALTOR®, he has gone above and beyond to…
A Surprising Sign That Home Prices Could Finally Plunge This Summer
After a few years of flying high, home prices are finally coming back down to earth with a thud. In fact, the prospect of an outright price drops is looming on the horizon, according to a new Realtor.com report. In March, real estate listing prices came nationwide at a median of $424,000, down from June’s…
Realtor fined for supplying incorrect information to bidders before auction
The Environment Court application was to preserve a native pūriri tree like the one pictured, not for the construction of a six-storey building next door, as a prospective buyer told the realtor. Photo / Tania Whyte A realtor who called bidders the night before a house auction and told them a six-storey building was going…
Okanagan realtors report spring market activity improvements – Okanagan
The Okanagan’s housing market has cooled significantly since last year but according to March statistics, this spring is warming things up. The Association of Interior Realtors said there have been 1,207 residential unit sales recorded across the Okanagan in March representing a 37.2 per cent decrease in sales compared to the same month last year….
Pending Home Sales Grew for Third Straight Month, Up 0.8% in February
WASHINGTON (March 29, 2023) – Pending home sales grew in February for the third consecutive month, according to the National Association of REALTORS®. Three US regions posted monthly gains, while the West declined. All four regions saw year-over-year decreases in transactions. The Pending Home Sales Index (PHSI)* — a forward-looking indicator of home sales based…