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12 words to avoid when listing a property for sale

These 12 words have lost there meaning somewhere along the way, they used to be strong headline words that would grab your attention, now you just don't believe they mean what they say they mean.   Here are 12 words that have been so overused they really don’t mean anything anymore: literally: Originally meant "in a literal or strict sense," but is used as a more general intensifier ...

CMHC Completes Review of Mortgage Insurance Business

OTTAWA, June 6, 2014 — Canada Mortgage and Housing Corporation (CMHC) announced today two additional changes as it has completed the review of its homeowner and multi-unit mortgage loan insurance business. These are: CMHC mortgage loan insurance for the financing of multi-unit condominium construction will be discontinued effective immediately. CMHC’s mortgage loan insurance for ...

Listing Status Report April 2014

1-Apr-2014 TO 30-Apr-2014   RESIDENTIAL COMMERCIAL MULTIFAMILY FARM TOTALS ACTIVE 365 49 7 9 430 SOLD 253 7 7 5 272 CONDITIONAL 32 3 0 1 36 EXPIRED 81 29 3 1 114 CANCELLED 59 ...

CMHC Cuts 2 programs effective May 30, 2014

Canada Mortgage and Housing Corporation is tightening up the types of mortgage insurance it will offer.     The Crown corporation said Friday that it is going to stop offering mortgage insurance on second homes. It will also stop offering mortgage insurance to self-employed people whose income cannot be validated through traditional means. The changes on second homes also ...

Listing Status Report January 2014

LISTING STATUS REPORT 1-Jan-2014 TO 31-Jan-2014   RESIDENTIAL COMMERCIAL MULTIFAMILY FARM TOTALS ACTIVE 231 74 4 7 316 SOLD 110 6 1 3 120 CONDITIONAL 13 2 0 0 15 EXPIRED 190 59 4 3 256 CANCELLED ...

Three Things Home Buyers Consider When Making Offers

  3 Things home buyers consider when making an offer So, you've viewed a great place, now what? In addition to getting reports on sale prices of nearby comparable homes and market stats from a REALTOR®, there are three major ways buyers can determine a winning bid: The condition of the house. Is the home in move-in condition, in need of paint and other cosmetic improvements, ...

Bank of Canada maintains overnight rate target at 1 per cent

22 January 2014 Contact: Media Relations 613 782-8782 Ottawa - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation in Canada has moved further below the 2 per cent target, owing largely to significant excess supply in the economy and heightened ...

MLS Detailed Sheet December 2013

MLS ® DETAILED SHEET Peterborough and The Kawarthas Association of REALTORS® Inc. For the Month of DECEMBER 2013 Province ON  $ Value of Units Sold for Current Month# of Units Sold for Current Month# of New Listings for Current Month# of Active Listings End of Current Month RESIDENTIAL Single family-home $13,603,277 58 79 328 Single family-other $4,248,100 10 19 162 Residential-other $6,303,750 23 46 264 Total $24,155,127 91 144 754 NON-RESIDENTIAL Farm $1,812,000 5 2 57 Vacant ...

Peterborough and Area Real Estate Statistics - 2013 Year in Review

  The Peterborough Real Estate Market is as Strong as ever!   I would like to take the time to share with you some statistics comparing 2013 sales activity to 2012 when looking at the entire Peterborough and Kawartha’s Association of REALTORS® Board taking into consideration all price points and sub districts.     Click HERE to have a look at the detailed “2013 ...

Why Use a Buyer's Agent?

  Why Use a Buyer's Agent? Listed below are 10 great reasons to use a Buyer's Agent when looking to purchase real estate: #1. Having a buyer's agent is FREE to the buyer. Some people think they can save money by not using a buyer's agent. In most cases, this is simply not true; in fact, it is usually the opposite. In residential real estate, the commission is usually paid by the seller ...
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