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9 Reasons Why People Invest In Real Estate

As prepared by Neil Uttamsingh, based on his experience as a real estate investor and in no particular order. 1) Status I have seen some people invest in real estate, and continue to invest in real estate over many years, in order to ’show off’.  They invest because...

Bank of Canada backs off housing bubble talk

  I see that the Bank of Canada has backed off their earlier position in respect to mortgage rates as per my previous blog. In a speech in Edmonton, bank official David Wolf ruled out increasing interest rates to discourage mortgage lending. Wolf, an adviser to bank...

Are you ready for higher mortgage rates?

December was a vibrant month for real estate sales in London and I have to admit being taken by surprise. Are we not facing record unemployment rates and a huge trade deficit? Perhaps the unemployment benefits have not yet expired? Low interest rates, the rush to beat...

Sucessful Open Houses

Successful open houses   You have heard the arguments before…   “Open houses are a waste of time.” “All I ever see are tire kickers.” “I am only making a show for the owner.”   Yet, every weekend we see houses held open across Canada.  And while some agents...

I am a poor loser

I am a poor loser and I would be the first to admit it. Sales is a very personal game, there is a lot of emotion involved, good and bad, a lot of ups and downs. Which is why it is odd when people say “don’t take it personally, it’s a numbers game”. Mind you they...