Well Stats Canada just came out with the population figures for Prince George (2006) and they are down from 2001 by 1,425 persons… Can’t explain that one as traffic has increased, rental vacancy rates are at an all time low of less than 2.8%, home building and sales are still climbing and corporate transfers to PG are still on the up swing. Prince George Airport, CN Rail are all in expansion mode.
I can only think we have a lot of people that did not want to be counted. You know the ones that don’t want big daddy government knowing your personal stuff.
Anyways…. PG is booming with or without Stats Canada.

I was talking with a client the other day and it came to light that what some of us in the Real Estate industry take for common knowledge is in fact not. I am talking specifically about Canadian mortgage terms. Most people are familiar with 1,2,5 and even 10 year fixed terms for their mortgage but not 18 and even 25 year fixed terms! Yes during my conversation with a client he had mentioned "I wish mortgages were like the old days of my parents he said, the days when you had the same mortgage payment and rate for 25 years." It was at that point I realized that it was not common knowledge that 15, 18 & 25 fixed terms are available and in fact as of this posting you can get 25 year closed for 6.13% and if we went back a few months they were as low as 5.7% which was even lower than our parents in the 'good old days'.

 

Have a great day.

Hot, Not Bothered: Inexpensive Home Heating Tips The dramatically rising cost of home heating is a bothersome concern for most Canadians. Heating your home efficiently this winter will be the key to keeping your energy costs under control. Here are some quick, easy and, most importantly, inexpensive ways to maximize warmth and minimize impact to your pocketbook:·

 

Adjust Your Home Thermostat: It goes without saying that the less energy you use, the lower your heating bills will be. Set your thermostat at 21ºC when you're home awake, 18ºC when you're sleeping and 15ºC when you're out of the house. Purchase a programmable thermostat to reduce you heating bill by as much as 20 per cent.

 

Let the Sun Shine In: While up to 25 per cent of your home's heat is lost through its windows, they are also a source of solar warmth. During daylight hours, keep your drapes open and let the sun help heat your home. Insulate your windows with plastic film to reduce heat loss by 50 per cent. Insulating curtains are expensive, but pay for themselves within 7 years.

 

Seal the Leaks: Caulk, seal and weather strip around windows and doorframes, baseboards, ducting and electrical outlets to save up to 20 per cent on your heating bill. Remember to close your fireplace flue when you're not enjoying a fire. Install a door sweep to resist against under-the-door drafts. Turn off the heat supply and close the door to unused rooms, such as a guest bedroom. Close interior doors leading to hallways or stairways to keep the heat where it's needed most.

 

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