Subscribe
Viewing All Posts. 38 Posts Found.
Page: 1 2 3 4   Previous | Next

Rent To Own

Renting to own a house can be a very effective way for a buyer without enough of a down payment to buy a home or Credit glitches, No credit history, Self-employed, New to Canada, Just getting started (recent graduate, new career, etc.), Recently divorced (and want the same house / lifestyle). If you don’t have enough money to make a down payment, or your credit rating is too low to secure a ...

Home Staging Soaring Real Estate Trend

In real estate everything is all about “seeing is believing” which is the reason a few homes are quick sales and others take a while; until all the major nooks are fixed wisely with a little investment or DIY manuals if you are on tight budget and the property is a flip. To beautify a home among the many real estate trends “Staging” is most popular as it takes the least ...

GTA REALTORS® REPORT LATEST MID-MONTH RESALE HOUSING MARKET FIGURES

TORONTO, May 16, 2014 -- Toronto Real Estate Board President Dianne Usher announced that “Sales reported by Greater Toronto REALTORS® were up strongly during the first two weeks of May in comparison to the same time last year.  However, new listings were down slightly over the same period, which means competition between buyers continued to increase and price growth remained very ...

Tight Market Conditions Prompt Strong Price Growth

May 8, 2014 -- Toronto Real Estate Board President Dianne Usher announced that during April – the first full month of spring – Greater Toronto REALTORS® reported a 1.8 per cent year-over-year increase in sales through the TorontoMLS system. Total April 2014 sales amounted to 9,706, compared to 9,535 transactions in April 2013.   “April marked the beginning of the ...

CMHC Eliminating 2 Programs

Effective May 30th, 2014 CMHC is eliminating 2 programs.   The self-employed stated income program and the 2nd home programs will both be eliminated.  Self-employed applicants wanting to be approved through CMHC must now prove their income and applicants now looking to buy a 2ndhome cannot obtain financing through CMHC.  What does this mean? These 2 programs accounted for ...

Sales and Average Price Up in March

April 7, 2014 -- Toronto Real Estate Board President Dianne Usher announced that Greater Toronto Area REALTORS® reported strong year-over-year increases in TorontoMLS home sales and the average selling price in March 2014. Home ownership affordability, backstopped by low borrowing costs, continued to be a key factor underlying this growth. A total of 8,081 sales were reported in March 2014 – ...

Real Estate Council of Ontario (RECO) Aims to ease bidding wars.

The Real Estate Council of Ontario has launched a new public education campaign aimed at curbing bidding wars by warning buyers not to be overly influenced by emotion when purchasing a home. The regulatory body has no plans, however, to probe whether the practices of the realtors it regulates are contributing to the escalating problem of bidding wars, especially in the Toronto market, says ...

TorontoMLS Sales Up in February

March 5, 2014 -- Toronto Real Estate Board President Dianne Usher announced that February 2014 home sales reported by Greater Toronto Area REALTORS® were up by 2.1 per cent compared to the same period last year. Total February sales amounted to 5,731 compared to 5,613 last year. “Despite the continuation of inclement weather in February, we did see a moderate uptick in sales activity last ...

Home Buying Tips For First Time Buyers

Purchasing your first home is an exciting and scary time. For the most part, new homebuyers are unfamiliar with the home buying process. Before accepting a mortgage loan, it is important to educate yourself on various loan programs. Furthermore, first time home buyers should be aware of factors that improve and decrease their chances of getting a good loan package. How Much Can You Afford to Spend? ...

Average Selling Price Up Strongly in January

February 6, 2014 -- Home ownership in the Greater Toronto Area remains affordable and there are many people looking to purchase a home. In January, the number of homes listed for sale was down quite strongly compared to last year, which means that it was difficult for some buyers to find a home. Greater Toronto Area REALTORS® reported 4,135 sales through the TorontoMLS system in January 2014. ...
Viewing All Posts. 38 Posts Found.
Page: 1 2 3 4   Previous | Next