Rudy Nielsen, The Scrivener, Fall 2015
NIHO Land & Cattle Company president Rudy Nielsen was recently featured in the Fall 2015 issue of the Scrivener.
To read the article, click here.
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In The News
Equity generation’ squeezing retirees’ savings
Kerry Gold, Globe & Mail, July 17, 2015
Sarah and her husband had done everything right for retirement, squirrelling away savings, paying down the mortgage on their condo and not touching their line of credit.
However, when their daughter ran into financial trouble, they started paying her mortgage as well as other expenses. When their daughter got divorced, they stepped up the support, fearing that their young grandchildren would suffer.
Vancouver inventory squeeze finds buyers panicked, sellers anxious
Kerry Gold, The Globe and Mail, June 19, 2015
Emma Co has been a real estate agent for several years in Vancouver, but she’s never seen the market so fired up, particularly on the city’s east side.
“I can’t believe this market,” she said, seated in a coffee shop near Kingsway and Fraser. “I was talking to one realtor, and she said, ‘where is this going?’ “
It’s a reasonable question,
CBC considers selling Vancouver building to free up money for programming
Frances Bula, The Globe & Mail, May 26, 2015
The CBC is exploring whether to sell its $57-million downtown Vancouver broadcast centre as part of a national plan to reduce its real-estate holdings.
The 2.1-acre site may have “developable density” that could make it attractive as more than just another office building for sale, said Fred Mattocks, the CBC’s manager of media operations and technology for CBC English services.
Vancouver’s Growing Homes
Vancouver Magazine, April 20, 2015
When it comes to new Vancouver houses, we are living in the era of big. The bigger the better. The newer the better. Double sinks in the bathrooms. Double car garages. Double kitchens. The kids’ bathrooms come with extra-big tubs, showers, heated floors, televisions set into vanity mirrors. A galley kitchen? That’s so ’90s. It’s not a kitchen if it hasn’t got an island the size of a Volkswagen,
In Vancouver, developers’ plans hinge on plebiscite results
Kerry Gold, The Globe and Mail, April 24, 2015
We know about low mortgage rates and investor speculation, but there is another major driver behind Metro Vancouver real estate – transit.
Transit provides the framework for future development. It has the power to create entire communities and shape the region. And this unaffordable city needs it more than ever.
Developers already know that, which is why Intergulf Development Group vice-president Shaadi Faris will be keeping a close eye on the transit plebiscite results.
Fresh warning bells sounded over Vancouver’s hot housing market
Brent Jang, The Globe & Mail, April 5, 2015
Soaring real estate prices have been the equivalent of winning the lottery for thousands of people who own single-family detached homes in Vancouver.
The average price of new and existing detached houses sold within the city of Vancouver has topped $1.9-million. An eye-popping projection by Vancouver City Savings Credit Union calls for the average detached price within Vancouver’s city limits to skyrocket to $4.4-million in 2030,
Investing on the Fringe: Land values around BC’s biggest cities spark opportunities
Frank O’Brien, Western Investor, April 2015
There has been a long term strategy about real estate investing: drive an hour out of your city and buy land. And wait.
Today in Metro Vancouver, with suburban land cresting over $1.5 million per acre, the wait for many investors could be over, but lands of opportunity remain on the fringe of Vancouver and B.C.’s other large cities, analysts say.
All B.C.
The Experts Weigh In: How Will Alberta’s Oil Slump Affect B.C. Recreational Real Estate?
Sharleen Kneeland, waterfrontwest.com, March 13, 2015
Ever since the price of oil started to slip, I have been wondering about the possible effect the oil slump might have on B.C.’s recreational real estate market.
Historically, a large segment of our site visitors (around 19-22%) have hailed from Alberta and we know that Albertans like to purchase waterfront getaways and retirement homes in British Columbia. With the market for recreational properties on the upswing again in many of the smaller B.C.
LandRush 2015 – NIHO President Impresses Jurock REI
NIHO President Rudy Nielsen gave one of the key presentations to 600 people at the successful Real Estate LandRush 2015 Conference on Feb 28th.
Conference founder, Ozzie Jurock, said:
“That success was due in no small measure to your own fine contribution on our stage.
You presented your thoughts, ideas and forecasts in a timely, interesting and professional manner and helped us create a ‘convention type experience’