Ms. Merrifield says the market will be driven by young professionals who held onto their jobs, who are renting or purchased a condo, and who’ve discovered that their money will suddenly go further. Middle-aged people looking to upsize will also see relative bargains.
“And with low interest rates, [people] will have buying power that they won’t have seen since probably 2009.
If there’s one rule to financial success, it’s invest early and invest often. While most would assume that means putting funds into a 401K or stock, today’s reality paints a very different picture as to what investment means. Young, old, single, or married, people have recognized that real estate is king, and that your greatest return doesn’t just come down to the dollars and cents alone. It’s about finding a home that fits your needs now and the future that warrants it valuable.
Rental properties can provide a lot of benefits. Sure, it takes some work to maintain the home and handle tenants, but the extra work is usually worth it.
There are some factors to keep in mind while you’re researching the real estate market. Are you willing to pay the speculation and vacancy tax to get into certain regions in the instance that you’re not able to fill the rental right away? What size of house would renters be looking for? How much can you afford? The list goes on.
If you’re not sure about buying a new or used home, this list of benefits to owning a newly constructed home may help! Always do your research before investing into real estate. Talk to specialists and be sure to figure out your budget.
When it comes to explaining the merits of The Landing at Wood Lake, it’s hard to know where to begin, given that Troika Developments CEO Renee Wasylyk believes the project hits the sweet spot for proximity, pricing and popular things to do.
Millennials. They’ve tackled challenges with smart solutions, opted for unconventional lifestyles that favor experiences and set a new precedent for access over ownership. While it’s not that they are the only ones who value a sense of belonging, affordability, and smart technology. It’s that they’ve been the strongest force to disrupt norms and in uncovering what motivates us as a society. The shift has led to the likes of researchers such as David Allison whose work on ‘valuegraphics’ has proven age is irrelevant, and from one generation to the next, we’re more alike one another than ever before. Read More
Ever pictured a life that allows you to do what you enjoy in the place you call home? Why wait for that annual holiday to experience adventure when you can have it all year round? The Okanagan Valley’s endless options from beaches and slopes, to trails, and wineries, means you only have to go as far as your front door. Amongst it all is a hidden gem, Lake Country. A city sandwiched between Kelowna and Vernon, Lake Country has earned its spot as THE staycation destination, turning tourists into residents in the process.
Troika Management Vice President of Development, Rich Threlfall and our building partner CorWest Builders’ General Manager and President, Ray Wynsouw are among those leading the pack for Okanagan business. They recently sat down with Boulevard Magazine to discuss where their success is anchored and their vision for the future.
Spring has arrived and if you’re lucky enough just to be coming out of the freezing temps then you know that means one thing – it’s patio season! But just how well are you utilizing your space and enjoying the perks of your outdoor space? A majority of homeowners are guilty of one thing – playing favorites to their interiors, but with a little time, money and attention to that undervalued haven you can be sure will ensure it’s just as comfortable and inviting as the inside… maybe even more! Take the advice of Troika’s Design Expert and focus on 3 things to bring your outdoor living to the next level. Read More
You’ve likely all dreamt about it one time or another. Escaping from the hectic pace of day-to-day-life in the city if even for just a moment. For most, that means jetting off on a beach holiday to bask in the sun with a drink in one hand and book in the other. It’s that very desire for ultimate relaxation mixed with the fondness for the modern perks of urban living, that’s spurred an architectural trend proving coastal modern homes don’t just belong on the beach anymore.
What our buyers have told us over the years is that the smallest of changes can bring you one step closer to that home ownership dream. And that doesn’t mean sacrificing life’s joys, but it does suggest taking a look at the bigger picture and finding that sweet balance of living in the moment while saving for the future. Where do you begin? Stop doing these 5 things today to make sure you can own a home tomorrow.
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