Alpine Credits' Blog

What a difference a year makes!  If you own a home in British Columbia , there’s a good chance the value of your HOME EQUITY has increased in the past year.

In 2010, the BC real estate market has rebounded remarkably.  Consider the following the following highlights:

v     The average price of all residential properties in British Columbia increased 14.6% from $449,000 to $514,000.

v     The average price of all residential properties in Greater Vancouver increased 19.2% from $565,000 to $674,000.

v     The Fraser Valley , Victoria , Vancouver Island and Southern Okanagan also exhibited an increase in price of 10% or more.

The full report can be found at: http://www.bcrea.bc.ca/index.htm

Remember, your home equity can help you in many ways:

ü      Pay your property taxes (which are currently due).

ü      Consolidate all of your debts into 1 monthly payment.

ü      Get some extra money for any reason (cash float, vacation, new car).

ü      Inject money into your business.

Please call me if I can be of assistance to any of your financial questions.

Kind regards,

Colin Atwood.

Phone:            604.581.2161

Toll Free:         1.800.587.2161