Turn on any financial news program and at some point you'll hear the experts extolling the virtues of diversification. Real estate has long been considered a conservative, long-term strategy to growing wealth. While some seasoned real estate investors make it look easy, to be successful, beginners should follow some basic principles.
Learn all you can. Before committing your cash, you..(read more)
The idea of buying a rundown home, fixing it up, and reselling it for a profit, is thought of by many as a lucrative means to making extra money. But is this really feasible?
The reality is that many fixer-uppers are in such disrepair that it will cost more to do all the necessary repairs and improvements than it would to buy a home in move-in condition. This does not mean, however, that it is never..(read more)
For many, retirement is a time when people shift priorities and put their own needs first. One of the most important choices they need to make is where to live in retirement. Choosing the right community and home is an important and challenging decision.
Ask yourself, do you want to:
Remain in the home you occupied before retirement?
Remain close to your present community, but move..(read more)
Median selling price in March 2008 for a single family home was $674,000 up from $582,500 in March 2007. An attached home(townhome) median selling price in March 2008 was $449,500 down from $455,000 in March 2007. Apartment/Condo median selling price was $271,000 in March 2008 up from $248,000 in March 2007.
Total number of homes selling is down and yet overall selling prices are up.(comment)
Port Moody has now opened it's new recreation complex right next to the city hall. Go on down to check out what's new, including: weight room, aerobics, spinning classes, running track, child care center, or go to:
http://www.cityofportmoody.com/NR/exeres/F14FC3B7-49D2-45A3-82E2-D29B3D2E89B2.htm
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'Enough is enough' message from public meeting
Leneen Robb, Coquitlam NOW
A proposal to redevelop the Heritage Mountain shopping village in Port Moody is attracting intense interest -- even though it's at such an early stage in the approval process that council hasn't formally discussed it yet.
Key Choi owns the site, considered the last undeveloped parcel in NewPort Village. It's located..(read more)
As recently as the '70s, wall-to-wall carpeting was a standard selection for homeowners who were purchasing new homes or new flooring. Linoleum was quite popular in the kitchen, and bathrooms were often covered with inexpensive vinyl tiles. These are still..(read more)
Most roof and siding leaks are hard to find because they originate away from where they show up. In order to find the source of a leak, follow a roofer's advice and "think like water." Water typically comes in through worn, broken, or missing..(read more)
Coquitlam-Reshaping Our Economic Future
Share New Ideas- Be Part of the Solution
Join Dr. Roslyn Kunin, Economist and Andrew Ramlo, Urban Futures Institute for an evening of shared learning about the trends, opportunities and challenges facing Coquitlam's economy. Bring your expertise and ideas.
The City of Coquitlam is launching a new Intergrated Economic Development Strategy Initiative and they..(read more)