Home flipping – buying and reselling a home to make a quick buck – has risen in some hot U.S. housing markets, prompting concerns that local housing bubbles could be developing, according to a report published on Thursday. The report by RealtyTrac found that home flipping in 12 active metropolitan areas last year was […]
FOMO, or the fear of missing out, has become an increasingly popular acronym of late, joining the ranks of QE, POMO, ZIRP and NIRP in the everyday vernacular of people in financial markets. In the investment world, FOMO is about spurring people to make investment decisions quickly, and some times irrationally, based on the […]
Vancouver realtors say February was the best month on record for sales in the history of the city, a set of results that backs up a new report suggesting the luxury market in the city has nowhere to go but up. Vancouver home sales set new record, jumping 65.6% in a month There still […]
Dear median-income Vancouver household looking to buy real estate in the city where you work and play: It will take you more than six years to save for a five percent down payment on a median-priced home. And once you’ve reached that goal, carrying that median-priced home will consume 81 percent of your gross […]
