What affects your credit report?

What’s Your Credit Score and How is it Calculated

Payment History – How you pay your bills - 35%

Specific types of accounts (credit cards, retail cards, loans, mortgage,)

Presence of adverse public records (bankruptcy, judgments, suits, liens, collection items)

Severity of delinquency (how long past due) and amount due on collection items.



2010 Mortgage Rate Forecast

Home buyers will benefit from a low mortgage rate
environment through much of 2010. The BC Real Estate
Association forecasts borrowing costs to rise more
quickly during the tail-end of 2010 and through 2011.
In line with previous forecasts, mortgage rates have
fluctuated within a narrow range in recent months... click here for the rest.
PS - Enter for a chance...

Market is slowing down as usual

The phone calls are slowing down and there are fewer buyers active at the moment and the listings are low. Just prior to Christmas makes for a good solid spring run. Now I have time to put up those Christmas lights I have been putting off and hopefully just before the next cold snap.



TTM Rescources Pres Says New Mine Would Employ 650 to 800 People – Opinion 250 – News for Northern and Central Interior of British Columbia, Canada

TTM Rescources Pres Says New Mine Would Employ 650 to 800 People
By 250 News
Monday, November 16, 2009 11:14 AM

Prince George- The President and Chief Executive Officer of TTM Resources who are proposing to build a new molybdenum open pit mine south of Vanderhoof, in the Nzako Rd area, says the...

UNBC Best In The West -Third In Canada

UNBC Best In The West -Third In Canada By 250 News Thursday, November 05, 2009 02:14 PM Prince George - The nineteenth annual Maclean's magazine ranking of Canadian Universities has rated UNBC, third in its category of primarily undergraduate universities in Canada. MacLean’s gives it the label as the best small university in western Canada, and...

P.G. Economic Base Changing – Opinion 250 – News for Northern and Central Interior of British Columbia, Canada

P.G. Economic Base Changing - Opinion 250 - News for Northern and Central Interior of British Columbia, Canada: "By 250 News Thursday, October 29, 2009 01:41 PM Prince George, B.C.- A new study by Initiatives Prince George indicates the face of Prince George’s economy is changing. The 2009 report “Economic Structure by Industry” provides a broad overview of...

Real estate market rises

Written by Citizen staff Thursday, 11 June 2009 Northern B.C.'s real estate market saw a strong upswing last month.Homes in the region, which stretches from 100 Mile House to the Yukon border, sold for an average of $225,530 in May, a monumental $27,339 jump from the month before. Likewise, the number of sales stood at 349,...

Doctor already implementing cancer strategy to save lives

A Prince George doctor carries the fate of future cancer patients in northern B.C. on his shoulders.Dr. Ronald Chapman, executive director of the Northern Cancer Control Strategy, is responsible for implementing a $151-million project designed to save lives though methods of prevention, screening, diagnosis and treatment. The cancer control strategy, from prevention through to palliative...

Permanent Wood Foundations (PWF)

Over the years there has been many misinformed Realtors® and Buyers about Permanent Wood Foundations and like anything else if you have concerns I would always recommend a Structural Engineer to inspect the foundation if you do have concerns about PWF, Block or any other type of foundation. Here is a link to some...

Northern Gateway eNews

Here is reprint I received via email from Northern Gateway, hope you enjoy. - Welcome to the first issue of the Enbridge Northern Gateway Pipelines electronic newsletter. This eNewsletter will keep you informed about the project, delivering up-to-date information that matters to you directly to your inbox.We hope you'll take a few moments to catch up...

MLS – Sales and Listings for 2008

I have just compiled the MLS data of Sales and Listings for 2008 here in Prince George. This report is for Detached homes within City limits. You will note that Prince George has done alot better than most claim. Also note that May, June, July data is not available and is not represented in the data. Click...

Canadian Mortgage Industry in the Media

Canadian Mortgage Industry in the Media
- Nov.2008

In recent weeks, there have been numerous articles in the national media on the state of the Canadian mortgage industry. Issues regarding the impact of longer amortizations and a perceived failure to anticipate the effects of various mortgage products have been at the forefront....

Putting title fraud in perspective

Putting title fraud in perspective
Title fraud made its way into the media headlines earlier this summer, creating an unhealthy climate of fear that unnecessarily worried land owners. REALTORS® felt the heat too, as their buyers and sellers asked whether they and their properties were safe from fraud.

The facts are that BC’s land...

Market picking up!

In the last 2 weeks the market is picking up with buyers. I am now busy with buyers from all categories ( investors, 1st time and those moving up or down in size of home). I think the fact the Federal Gov't has or is cracking down on the 0% down mortgages for 1st time...

Buyers Market

As we speak there are great homes for sale that are priced very well. Like everywhere else in most cities across Canada we here in Prince George also have a big supply of homes which makes it great for the buyers (at least for the next few months). As Prince George diversifies away from the...

Leaky roof in spring?

Leaky Roof
That gentle spring rain is great for your garden, but it's not so nice when you're dealing with a leaky roof. If you've noticed peeling wallpaper, cracked paint, stains on the ceiling or actual drips that you have to catch in buckets or pots, you need to think about fixing your roof.

1st time buyers exempt tax up to $425,000

The Provencial Government has issued amended First Time Home Buyers requirementsFinally the government has raised the price of first time home buyers exemption.As of today, a first time home buyer will now qualify for a full exemption of property transfer tax with a purchase price of less than $425,000 (rather than $375,000)....

Listing and Sales as of today.

Things are starting to pickup now that the snow and cold has stopped. As of this posting we have had since Jan.1st the BC Northern Real Estate Board has reported:
- 106 new listings (land, homes, condo etc)
- 56 sales (land, homes, condo etc)

So it should prove to be a very consistant...

2007 & 2008 Outlook

Well it was another good year in 2007 and I am very optimistic about this year 2008. Prince George in general has diversified well over the last 5 years, the expanding PG Airport will bring alot of freight, refueling and service business here. The increased rail traffic will also bring small to medium manufacturing to...

Let it snow!

Wow another great day here in Prince George BC. Woke up to about 6 inches of new fluffy snow and only -5c. One of the many things I like about Prince George is we normally get 4 different seasons and our winters are normally snow, and sunny skies.

Here is a picture I just...

Selling in Spring?

Selling This Spring Are you considering selling your home this spring? As we head into the year's busiest real estate season, ensuring that your home is in its best condition will help attract maximum interest. Here are some tried and true steps to follow: Begin the purge. Put your house on a diet. Give consideration to the appeal...

Happy Canada Day!

Canada is 140 years young and hope you all had a great weekend. My family & I spent the weekend in the Edmonton Area and came home today. We saw lots of Black Bears by the highway this time between McBride & Prince George. Here is a video I took of a mother Bear &...

PG Poised to be a Hub

The chatter is getting louder here in Prince George. There is lots of land being bought up and assembled around the Prince George Airport and now only a few own alot. The recent report in the news is indicating that before anything gets announced the real estate has to be purchased....hummm? Click here for one...

Things have not changed

Well its Feb.25 and the Prince George Real Estate Market is still very busy. Especially under $250,000. The main drive is we have 3 groups of people wanting homes under $250,000 and that is #1 is '1st time buyers' #2 is people moving down (down sizing)#3 is 'Investors' as they can still get a equal...