Encouraging results for the month despite the news from around the worls. This is an indication that our markets remain strong. http://creastats.crea.ca/coll/
Posted by Douglas Fraser
on December 15, 2011
Many people do not consider the work that is required to get their home ready for market. Some people go ahead and spend a lot of hard earned cash on renovations thinking they are going to get every dollar out. This is not always the case particularly if you purchased at market in the last 2 to 3 years. Check with a REALTOR® to see what work should be completed. Here is a small list to help you ...
Posted by Douglas Fraser
on August 12, 2011
Well the politicians have done it again. We are still in my opinion in a recovery phase and the opposition parties think they can do a better job. Do they think the spending all that money on an election campaign is prudent in the eyes of the electorate? I for one don't think so. With all that is going on in this world why wouldn't they suck it up and work together. That's just my opinion.
Posted by Douglas Fraser
on March 27, 2011
Interesting article on the future of interest rates in Canada. This article puts things into prospective. We are not in the same predicament as our neighbours to the south but there is concern that continued low interest rates and longer amortization periods will tempt homeowners to raise their already high debt levels. This may be OK as long as rates are low but could cause hardships ...
Posted by Douglas Fraser
on January 14, 2011
Many articles have been written indicating that people should buy before the HST launches the first of July. Although there will be an increase in the cost of buying a home, the increase will not be that significant unless you are buying a newly constructed home over $400,000.
If you are in the market for a home you still have to find the one that fits your criteria. Don't lose sight of your wants ...
Posted by Douglas Fraser
on March 7, 2010
Well the year closed out with some impressive results. The total sales volume for the Georgian Triangle area was $484,646,974 for the year ended December 31, 2009 as compared to $441,044,393 in 2008 or an improvement of 9.89%. The sales to listing ratio also improved from 28.67% for 2008 to 31.61% for 2009. Lower interest rates and the feeling that the worst was over fueled demand in the ...
Posted by Douglas Fraser
on January 9, 2010
Ottawa — Reuters Published on Sunday, Dec. 06, 2009 10:57AM EST Last updated on Sunday, Dec. 06, 2009 4:56PM EST from the Globe and Mail
The Bank of Canada is widely expected to keep its hands off interest rates Tuesday, holding them at near zero and committing to do so until at least July, despite growing evidence the economy is kicking back to life.
Fears of ...
Posted by Douglas Fraser
on December 8, 2009
The Canadian Real Estate Association issued the results for the 3rd quarter and they are very positive! This provides comfort to those who are currently home owners and those interested in getting into the market. Its a good read. Enjoy! http://creastats.crea.ca/natl/index.htm
Posted by Douglas Fraser
on October 15, 2009
Well September results were higher than the same month last year. It was only marginally higher though with the monthly list to sell ratio softening from 45.88 to 33.69. The softening in the list to sell ratio is the result of more listings over last year. The sales successes of June, July and August brought out some of the Sellers that were sitting on the fence.
It is encouraging that the sales ...
Posted by Douglas Fraser
on October 1, 2009
We continue to hear about Global Warming and all the damage that is being done to our environment. Earth Hour 2009 scheduled for March 28th @ 8:30 is a great way to make a small contribution to reducing the carbon footprint around the world. Participation can be as simple as shutting off your home lights for one hour, but it can be expanded to things like taking mass transit. Give it some thought! Check ...
Posted by Douglas Fraser
on March 11, 2009