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Real estate values differ widely across the country
October 22-2014 In its monetary policy report today, the central bank said housing activity “has been more robust than anticipated, buoyed by continued very low mortgage rates and exhibiting strength beyond a rebound from weather-depressed levels Read More...
Growth in Home Sales Continued in August
TREB reported 7,600 sales through the TorontoMLS system in August 2014. This result was up by 2.8 per cent compared to 7,391 transactions reported in August 2013. Year-to-date sales through the end of August amounted to 65,454, which represented an increase Read More...
Real estate sales in June 2014 - 15% more in transactions
Sales were up by 15.4 per cent year-over-year to 10,180 transactions. New listings were also up compared to the same period in 2013, but by a lesser annual rate. This means that competition between buyers increased in June. “Home buyers in the Greater Read More...
12 Reasons Why You’ll Be Happier in a Smaller House
Easier to maintain. Anyone who has owned a house knows the amount of time, energy, and effort to maintain it. All things being equal, a smaller home requires less of your time, energy, and effort to accomplish that task. Less time spent cleaning. And Read More...
Condo remains the best choice for many buyers in GTA
One of the choices people have when choosing housing are condos. Condominiums are multi-family homes that people can purchase. When you buy one of these homes, you actually own the home but you do not own the entire building; you only own the inside. Read More...
When can you walk away from a house deal?
Check out these questions and answers before making decision to walk away from the deal you made last night. Can a buyer sign an offer and then walk away? The Ontario real estate contract gives a buyer 24 hours to pay the deposit, once the offer is accepted Read More...
Mortgage Rate. Qualifying Rate.
Mortgages with variable rates or fixed terms under five years typically require that you qualify at a higher rate (called the “qualifying rate.”). For example, if you apply for a 2.25%, 5-year variable mortgage, the lender might make you qualify Read More...
Did you know that the average Canadian household is more than $40,000 richer than the average American household? Part 2
[by Michael Adams , special to The Globe & Mail] Part 2: Canadians have traditionally been the cautious, fiscally conservative society, watching American economic dynamism from a safe remove (and subsisting on a small cut of the branch-plant spoils). Read More...
How to inspect a house you buy?
Many complains come after the buyer moves in and reveals problems in the house. Most complain about sellers who fail to disclose defects or home inspectors who fail to find them. The system is far from perfect. However, there are steps that buyers can Read More...
Mid-november MLS statistics - Greater Toronto
TORONTO , November 16, 2011 -- Greater Toronto REALTORS® reported 3,379 transactions through the TorontoMLS® during the first two weeks of November. This result represented more than a 13 per cent increase compared to November 2010. New listings Read More...
First-Time Buyer. Grading Local Schools
When thinking of buying a home, most people research various neighborhood amenities, including local schools. Regardless of whether you have children, schools can affect property values and are an important consideration when buying a home. Here are four Read More...
Buyer Agent Services are FREE for YOU!
Why don’t use a REALTOR to find your home (condominium or single family home), it’s FREE to the Buyer! I have developed effective ways to find properties for sale or lease quickly and worry free. You'll have the opportunity to see any Read More...
Market Watch Update - April 2009
March Resale Housing Results Bring Positive News TORONTO , April 6, 2009 - In March 2009, Greater Toronto REALTORS® reported 6,171 sales – down seven per cent from March 2008, representing the smallest year-over-year decline in the last five Read More...