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
This article is provided courtesy of the Canadian Real Estate Association. There are some important factors to consider when listing your home for sale or buying a home. This is one of the biggest monetary transactions you will be involved in. Make sure you have all the information. http://www.crea.ca/public/buying_selling/buying.htm
Posted by Douglas Fraser
on July 13, 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
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
Once again, the monthly numbers are up compared to last year. August saw 217 sales compared to 167 for the same period last year. In addition, the monthly list to sell ratio edged up to 45.88% compared to 33.40%. Year to date figures are still lower than last year at 1205 units compared to 1287 units and a list to sell ratio of 29.47% compared to 30.31% from last year. We are moving towards a ...
Posted by Douglas Fraser
on September 12, 2009
There was an interesting article in the Globe this morning. It was a more positive article and not one of the doom and gloom pieces that have tended to fill the pages of newspapers and magazines of late. Here is the link to the article http://business.theglobeandmail.com/servlet/story/RTGAM.20090226.wporter0226/BNStory/Business/?cid=al_gam_nletter_maropen
If you missed it simply highlight the address ...
Posted by Douglas Fraser
on February 27, 2009