For those of us concerned about how the much publicized American financial meltdown will permeate north of the border, we should all take some relief in knowing that a World Economic Forum Report on global competitiveness has rated Canada’s banking system as the soundest system in the world. These statistics were released to quell the panic due to the global …
Burlington Real Estate Market Report – September 2008
Burlington, Ontario: Although there is a lot of news permeating our print and airways regarding a softening real estate market, Burlington still seems to be holding strong. Burlington is still experiencing an increase in average housing prices for the month of September from last year to this year. Average prices were $329,416 in September 2007 to $370,479 in September 2008 …
Oakville Real Estate Market Report September 2008
Oakville, Ontario: Although there is a lot of news permeating our print and airways regarding a softening real estate market, Oakville seems to be showing some resistance. Oakville is still experiencing an increase in average housing prices for the month of September from last year to this year. $466,802 in September 2007 to $479,853 in September 2008 representing a 2.8% …
PM says we’re OK.
Recent popular belief is that Canada will fall into the disastrous economic situation that has crippled the U.S. economy. As our economy is affected by what happens south of the boarder, it is important to understand that we have been able to maintain a solvent banking system (where the U.S. has failed) and our government has implemented measures to prevent …
New Changes to Mortgage Lending
As of October 15, 2008, people interested in buying homes or refinancing mortgages should be aware of some significant changes that will affect HOW MUCH you can borrow and HOW LONG can you borrow it for. To avoid the sub-prime lending meltdown that occurred in the U.S. and to maintain a strong Canadian housing market, CMHC (Canadian Housing and Mortgage …
11th Annual Burlington Regional Home Show
If you are looking to increase the value of your home but just don’t know what you can do, head to the Home Show. You can ask experts about improvements, discover the lastest innovations and save money when you make purchases at the show! Save on everything from window coverings to vacuums, from heating and air conditioning units to home …
Thinking of Selling?
Getting the most money for your house in the quickest possible time with the least amount of hassle is usually the goal…..well, I guess it’s always the goal! The question then becomes ‘when is the best time to sell?’ The answer is not an easy one and is often determined by your current lifestyle situation. A teacher may believe that …
Investing in Costa Rica!
Have you ever thought about buying property in a foreign country but haven’t pursued it because you just didn’t know where to begin? Do you think that buying ocean view property in a tropical country is only for the wealthy? Let me help demystify the buying process and set you on the way towards realizing your tropical dream. I, partnering …
What should I do to my property before I list it for sale?
• Wash walls, ceilings, and baseboards. Consider painting with light, neutral colours. Repair cracks. • Tighten loose knobs, towel racks, switch plates, and outlet covers. • Fix tight doors and windows, squeaky floorboards and loose stair banisters. • Clean and repair caulking around tubs and sinks. Fix leaky faucets and remove water stains. • Clean and organize the basement and …
How long will it take you to sell my house?
That answer is a difficult one to answer as there are many factors, often ones beyond our control, which will contribute to the length of time your house stays on the market. High interest rates will cause potential buyers to wait for more favourable conditions before they choose to buy. This is just one of the many factors that will …