April Market Watch

No matter how much the media tries to blow up the situation, the numbers are showing that the there is no bubble to burst, just a return to a more balanced market with greater inventory and movement. There is no doubt that things will slow down in the latter half of 2010 but not the frightening cliff dive that the…

Mortgages – Rate Creep?

From the desk of Peter Majthenyi and Andre Semeniuk… Lately there’s been a lot of speculation on when and how high interest rates will go. I don’t think any of us thought rates would stay low forever. I am confident we all recognize that our economy will gradually improve, and along with economic growth comes more realistic mortgage rates, likely…

Lose the clutter. Find the cure.

How do you turn this… Into this? With this… Imagine…fondue sets and velour leisure suits actually have the power to cure cancer! On Saturday, May 29th, RE/MAX is sponsoring the Yard Sale for the Cure. Join us in our fight against breast cancer by holding a yard sale or by shopping for bargains. Register online to hold your own yard…

Spring shopping fever!

With temperatures rising, it’s time to think about outdoor living.. Here are our favorite sources for furniture and accessories, as well as some of the hottest products for the season. Check out the links below for great floor sales. Design Within Reach435 King Street Westmscott@dwr.com416.977.4003www.dwr.com Great for indoor living as well, this west end store has an incredible selection and…

Inside the Toronto Real Estate Market

The spring market is definitely in full swing! The great weather has meant a nice kick start to 2010 and buyers are coming out in droves. With that, sellers are now wanting to take advantage and we are seeing a large jump in the number of listings coming out. My hope is that the market does not become too flooded…

Mortgages – Rate Hikes in our Future?

You’ve probably heard the buzz on mortgage rates going up – check out this article by Rob Carrick of the Globe and Mail for a very important date… The end is nigh for low-interest-rate heaven. Rob Carrick, March 30th – Globe & Mail With rates on the rise, here’s what you need to know if you don’t want to add…

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…