Bruce Cram - Real Estate

Bruce Cram - Real Estate

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12/14/2023

When will interest rates fall and by how much?

The other day I read an article with an interview with Ben Tal, deputy chief economist at CIBC. He gave detailed reasoning as to why CIBC believes that interest rates in Canada will start to fall in May or June 2024.

Since I clicked on this article, Google has been sending me more articles from competing economists. Many of these same Canadian economists believe that high-interest rates are here to stay for the long term.

The truth is that nobody - not even Tiff Macklem, the governor of the Bank of Canada - knows exactly when rates will drop or by how much!

So if the person in charge of making the decisions over interest rate policy isn’t sure himself, it likely isn’t advisable to take too much stock in predictions others make.

What do you think interest rates will do in the next 12 months? Let me know in the comments.

12/12/2023

If you’re planning to sell in the next 6 months do this now!

Getting your house ready for the market can take time. After having lived in your space for as long as you have, no doubt you’ve accumulated ‘stuff’.

The very first activity to get your home market ready will be to declutter.

A decluttered home will show as being bigger and brighter than one that isn’t organized

Watch this short video for 3 strategies that can make decluttering easier.

12/03/2023

We adopted a french bulldog.

We already have a dog. We certainly weren’t planning to have another.

We were dog sitters a few times for Millie for a weekend when he was quite young.

Often we were only supposed to watch him for a weekend but his owners would only pick him up after a week.

At his original owner’s house, he was often pinched by a young girl. Now, almost half a year later, Millie still barks at all young girls. This is a problem because Millie barks at my daughter and her friends.

Millie is fun to have around. He’s already super loyal and already very attached to my wife.

Welcome to the family Millie.

11/22/2022
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