In the ever-changing landscape of the construction industry, recent developments in the lumber sector are causing ripples that builders and contractors cannot ignore. One such example is Canfor, one of the largest Canadian lumber mills, announcing a reduction in production, referred to as curtailments. This decision is driven by the significant drop in lumber pricing, […]

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Remember back when the pandemic was starting and there was a lot of talk about office buildings being empty due to remote working and at the same time there was a real estate crisis starting to unfold? At this time, many people put two and two together and suggested that we convert the unused office […]

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In the realm of building permits and construction, a wave of information and data often creates an atmosphere of uncertainty. Misinformation abounds, and headlines can sometimes paint a picture of a significant downturn in home building. Let’s dive into the numbers and explore what they genuinely signify. Using an article from the Orange County Register […]

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The housing market is facing turbulent times, with interest rates skyrocketing to unprecedented levels of six, seven, or even eight percent. Simultaneously, home prices have reached heights that make them unattainable for many prospective buyers. Add to this the supply chain disruptions causing increased costs for construction materials like paint and lumber, and you have […]

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As the pandemic triggered a significant shift in work dynamics, with offices left deserted and real estate facing challenges, there was a hopeful notion that the surplus commercial office space could be repurposed into residential units, offering a solution to the housing crisis. However, this optimistic vision encounters three formidable obstacles that render large-scale commercial-to-residential […]

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So in real estate what is the difference between a property easement and a property boundary? Those are two terms you’ll see on deeds, real estate records, and real estate titles that you want to know about if you’re contemplating purchasing a property.  What is a property boundary? A property boundary is exactly what it […]

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In the labyrinth of factors influencing home prices, the true culprit often eludes the spotlight. It’s not the interest rates, corporate greed, or elusive market forces; instead, the primary driver behind the escalating cost of homes is the glaring shortage in housing units. Unraveling the layers of this housing crisis reveals a complex interplay of […]

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A surety bond is a contractual obligation between three parties – the obligee, the principal, and the surety. The obligee is the party that is protected by the surety bond and is usually a government agency or a business. The principal is the party that is responsible for performing the obligations of the surety bond […]

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So do you need a home inspection for a new home? A lot of times people look at a home inspector as someone you hire when you’re purchasing a resale or a pre-owned home. However, a new home might actually be more applicable and even easier to do than a resale home. How would it […]

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Home renovation planning is a big undertaking, but it can be rewarding if you have a clear plan of action. Whether you are looking to update and modernize or simply freshen up your home, there are quite a few factors that should be taken into consideration before breaking ground on the project. Assess project needs […]

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