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Price Reduced on 189 Tigertail Cres in Bradford
Bradford, Bradford West Gwillimbury - Announcing a price reduction on Tigertail Cres in Bradford Ontario, a 3,270 sq. ft., 3 bath, 4 bdrm 2 story. Now ® $629,900 - Backs onto ravine. Property information Read More...
Microsoft store, its first in Canada, is scheduled to open at Yorkdale mall in Toronto
Grand Opening: November 16th, 2012 The design of the Microsoft stores in the U.S. incorporates many of the elements that made Apple stores a hit – gleaming wood floors, lots of glass and products to sample. Microsoft has added big comfy chairs and Read More...
U.S. slips out of top 10 most prosperous countries, while Canada keeps No. 6 ranking
November 5th, 2012 The U.S. slid from the top 10 most prosperous nations for the first time in a league table which ranked Canada sixth in the world for the second year in a row. The U.S. fell to 12th position from 10th in the Legatum Institute’s 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...
Mid September stats
TORONTO, September 18, 2012 – Greater Toronto Area (GTA) REALTORS® reported 2,544 transactions through the TorontoMLS system in the first 14 days of September. This result was down by 15 per cent compared to the 2,995 sales reported during the Read More...
Interest rates will remain low for a while - Scotia bank
The Bank of Nova Scotia has released a new forecast which tells Canadians to expect low interest rates until 2014. In the forecast, Scotiabank economists Dov Zigler and Derek Holt estimate the economy will likely average 1.9 per cent growth this year, 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 overnight target rate has now been static for a record 678 days?
Once again, Mark Carney and committee have left Canada’s core interest rate unchanged. Our economy still isn’t firing on all cylinders, says the Bank of Canada. This suggests that mortgage holders can likely expect the 3.00% prime rate to 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...
Did you know that the average Canadian household is more than $40,000 richer than the average American household? Part 1
[by Michael Adams , special to The Globe & Mail] Part 1 Currently, the average Canadian household is more than $40,000 richer than the average American household. (According to the latest Environics Analytics WealthScapes data, the average household Read More...
Market real estate stats - mid April 2012
Toronto, April 18, 2012 – Greater Toronto REALTORS® reported 4,557 transactions through the TorontoMLS system during the first two weeks of April 2012. This represented an increase of almost seven per cent in comparison to the same period in Read More...
Spring clean your computer
The spring cleaning bug is upon us, but it doesn't have to stop at old clothes and couches…. You might want to spring clean" your computer. I don't mean wiping down your keyboard, mouse and screen - which isn't a bad idea - but 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...
Condo Fees to be paid by the Tenants in the future?
The TD C a n a d a Trust 2012 Condo Poll surveyed urb a n C a n a di a ns who recently bought or intend to buy a condo a nd found they a re dr a wn to condos bec a use they require less m a inten a nce (60%), a re more a fford a ble (45%), a nd offer Read More...
A different view at 2nd Mortgage
There are so many benefits to registering a second mortgage on those deals as a way of protecting your investment [ your own home or your real estate investment]. In placing that secondary lien – equal to their investment amount – money investors Read More...