Inside the Toronto Real Estate Market

While inventory is still low, we are starting to see things heating up for the spring market. But as listings increase, so do the number of buyers. So if you are thinking of buying in the coming months, get your proverbial ducks in line so you are ready to move on the home you want. The market is still making…

New Mortgage Regulates and Current Rates

Check out Peter Majthenyi’s coverage on the new mortgage regulations that you need to know! New CMHC (Canada Mortgage & Housing Corp) Guidelines and You… By now most have heard that our Finance Minister is concerned about Canadians keeping their debts under control so American mistakes are not repeated here. The Canadian housing market has been quite resilient regardless of…

HST and Real Estate

Once again the government is doing a fantastic job of putting up more barriers to growing the economy by implementing HST, as if increased land transfer costs were not enough! Many people have had questions on how this will impact home purchases. The biggest misconception is that this tax applies to resale homes as well as new builds. This is…

Market Watch

Check out the Toronto Real Estate Board’s Market Watch for January 2010…this year is off to a great start but we expect the momentum will taper off the in second half of the year. Also, the Globe and Mail Personal Finance Reader pulled some great feature articles on the real estate market. Check out the next article from Broker News…

Listings Needed!

If you are having any thoughts about selling your home, now is the time. There is a shortage of listings on the market, which is creating an unhealthy balance. BUT this is a great opportunity for anyone who is thinking of selling. Demand is high as inventory has been low for some time and will only grow as the busy…

Top Home Design Trends for 2010

Here are the Top 10 Trends for home design according to House and Home. Also, check out this video for House and Home’s Top Trends for 2010 as seen at their editor’s Trends Breakfast by clicking here: Top Trends for 2010 Four-Poster Canopy BedA modern Calvin Klein statement bed. Add instant cozy character to bedrooms big or small. Products &…

Market Watch

Despite a gradual climb out the hole dug in late 2008, the real estate market in 2009 fared incredibly well. Rather than rejoicing, most are questioning if we are heading into a bubble. Overall in 2009 there was a 17 percent increase over sales volume compared to 2008. December blew away it’s sales volume performance from 2008 to 2009, increasing…

Mortgages – This is getting a little predictable now!

Hi…it’s me. nother Bank of Canada meeting this past week and no interest rate change again… this is becoming a bit boring, yawn. he overnight rate has remained at .25% since last April and there’s no sign of any changes anytime soon. A little inflation would help put some “zip” in my updates but employment will be an issue…

Booming Rebound, No Bubble!

As we near the year’s end (already!) BMO Nesbitt Burns came out with a great report examining at length whether the real estate market is in an actual rebound or if we are actually in a bubble. Here is a summary of their report and my comments follow… 1. The record surge in resale volumes reflects unleashing pent-up demand. 2….

Shop Till You Drop

Every year we struggle to think of the perfect gift for everyone. After a lot of brain strain, here are our team’s top favorite gifts to give for anyone on your list… Personalized Stationary It’s great to give things to people that they would not otherwise do for themselves, like personalized stationary or a personalized journal. http://www.paperthings.ca/ or www.thepaperplace.ca Print…