This is a friendly, interactive exchange of information on all Real Estate related subjects. Follow on Twitter: @RETALKS


Search found 699 matches

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by reallyreal2
Sat Jan 20, 2018 9:51 am
Forum: Real Estate Talks
Topic: Are interest rates finally going to rise?
Replies: 119
Views: 7458

Re: Are interest rates finally going to rise?

I know - because the ONLY thing anybody cares about is where rates are in relation to where they were when you bought.
by reallyreal2
Wed Jan 17, 2018 5:15 pm
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Writing is on the wall - some choose to ignore and others read.
by reallyreal2
Wed Jan 17, 2018 10:29 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

.....and since the increase has been announced, the local RE agents are crying.  LOL Who is more self centered than a "greatest place on earth" Vancouverite?  A real estate agent in Vancouver! They seem to not understand that increases in interest rates is good - it means the economy is do...
by reallyreal2
Wed Jan 17, 2018 9:35 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Well here is the first increase of the year - I stress first . http://business.financialpost.com/news/economy/bank-of-canada-raises-interest-rate-to-1-25-highest-in-almost-a-decade Banks and economists are saying that we can expect two more quarter point increases - then there is " some forecas...
by reallyreal2
Mon Jan 08, 2018 9:58 am
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 23
Views: 1674

Re: Is the boom over?

eyesthebye2 wrote:
reallyreal2 wrote:
We could just squat in Pt Grey mansions that aren’t being used.  The owners wouldn’t even notice LOL


Isn't there a policy that If you can squat for a year without being removed then you own the property?

Let's do it!  
by reallyreal2
Mon Jan 08, 2018 9:58 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Yes - but the US is increasing interest rates also.  So when the US increases rates, that tends to increase the US dollar... which makes our dollar go down.

you guys talk like we are raising rates in a vacuum - we're not.  

Like I said, I hope people can afford an increase in interest rates  :lol:
by reallyreal2
Sun Jan 07, 2018 8:55 pm
Forum: Real Estate Talks
Topic: Is the boom over?
Replies: 23
Views: 1674

Re: Is the boom over?

We could just squat in Pt Grey mansions that aren’t being used. The owners wouldn’t even notice LOL
by reallyreal2
Sun Jan 07, 2018 8:54 pm
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Yep - 4/5 banks predict a rate increase this month. The other in April.

Let’s go with hara and ETB’s prediction....LOL
by reallyreal2
Sat Jan 06, 2018 9:12 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Yah - that’s not how it works.

I hope you ready for .75% increase in 2018 because we are trending that way.
by reallyreal2
Fri Jan 05, 2018 9:54 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

http://vancouversun.com/news/economy/canadas-unemployment-rate-declines-to-lowest-in-four-decades/wcm/981965ed-9ae6-4375-9087-abd05b8f8c6e Well looks like the economy is on fire - who here is expecting another rate increase very soon? I am ... and looks like many others are also.  Canadian dollar is...
by reallyreal2
Thu Dec 28, 2017 6:46 pm
Forum: Real Estate Talks
Topic: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto
Replies: 15
Views: 971

Re: Immigration has undoubtedly escalated housing prices in Vancouver, Toronto

Immigration is only a quarter of the puzzle. The majority of the puzzle has to do with the class of immigrants coming here and their ability to circumvent our laws. Bitcoin is here to stay - those that think otherwise will miss an opportunity as big as buying Vancouver RE in 2005. And probably be cr...
by reallyreal2
Wed Dec 27, 2017 4:47 pm
Forum: Real Estate Talks
Topic: Shady Realtors Anecdotes
Replies: 103
Views: 6030

Re: Shady Realtors Anecdotes

http://vancouversun.com/news/local-news/panel-finds-west-vancouver-realtor-shahin-behroyan-committed-professional-misconduct My prediction is realtors are going to start crying any second now when we all know that they are all just a bunch of scam artists. Anyways, I hear a bunch of realtors complai...
by reallyreal2
Wed Nov 01, 2017 11:07 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

https://image.ibb.co/n6WXoG/A43381_BD_1_BF8_4521_9559_90_BA170_C615_D.jpg I’m going to go out on a limb and say that Canada and American will never raise interest rates to anything meaniningful EVER again. Its been to long on emergency rates. To much borrowing and it will crash the system to get of...
by reallyreal2
Wed Nov 01, 2017 10:56 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

Not that the US and Canada are one and the same but the US sure is pretty aggressive when it comes to raising rates: http://www.ctvnews.ca/business/u-s-fed-leaves-key-rate-unchanged-but-hints-at-future-hikes-1.3659107 Even though they held steady, they sent a pretty clear signal that we can expect a...
by reallyreal2
Wed Nov 01, 2017 10:12 am
Forum: Real Estate Talks
Topic: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%
Replies: 42
Views: 2228

Re: 3 Reasons Canadian Mortgage Rates Will Never Hit 5%

http://www.ctvnews.ca/mobile/business/statistics-canada-says-real-gdp-contracted-by-0-1-per-cent-in-august-1.3656604 "The amazing run of amazing Canadian economic data is officially over, with growth coming back to reality in hurry," Bank of Montreal chief economist Doug Porter wrote in a...
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