The recent low levels of housing inventory has contributed to buyer frenzy and multiple offer situations that have driven purchase prices skyward. This is coming to an end as the warm weather is getting more and more people to put their houses on the market. This sudden surge in inventory will alleviate some of the buyer anxiety as there will be more houses to choose from. This will ...
Posted by Sean Kavanagh
on March 19, 2010
Stunning Leslieville 3 Bed/2 Bath beauty! Completely renovated throughout with hardwood floors, updated bathrooms, crown molding, new backyard deck and additional family room on first floor. House wired for surround sound and backyard entertaining. New Furnace and A/C in 06 and Parking for 2 cars. Close to Queen st, transportation, highways and parks.
Come view this ...
Posted by Sean Kavanagh
on March 11, 2010
I have recently completed 2 residential transactions using Sean Kavanagh as my agent, I think that he is one of the best all around agents I have ever met. I felt Sean was aiding me in my quest to find the right home and not just selling me a product. I have found him to be an extremely competent agent and eager to get me the best deal possible. His knowledge of the market, current trends and his ...
Posted by Sean Kavanagh
on February 23, 2010
A Canadian study on family finances says the average household debt has climbed to $96,000 in 2009.
The number of mortgage payments that were at least 90 days late was up 50 per cent compared with 2008. There was also a 40 per cent increase in the number of credit card holders who were at least three months behind in their payments.
The finance minister has announced changes to the home buying ...
Posted by Sean Kavanagh
on February 18, 2010
"I had discussed the sale of my home with several Real Estate Agents. I wanted to choose one whom I felt was knowledgeable, professional and especially one that I felt comfortable dealing with. Every one that I met had provided me a similar and fair evaluation of my property....so it wasn't about listing my house for the highest price...it was about getting quality service. ...
Posted by Sean Kavanagh
on February 18, 2010
Jim Flaherty has indicated that his measures to slow the Canadian real estate market back in July 2008 have not worked and he may need to take additional measures to prevent another housing crisis. Back in July 08, Flaherty decided to raise the minimum down payment for buyers from 0% down to 5%. He also lowered the amortization of mortgages from 40 years to 35 years. This seems ...
Posted by Sean Kavanagh
on February 16, 2010
We are now full steam into 2010 and many people are beginning to think about buying or selling real estate. As you are making your plans, please consider the following points.
1. Interest rates are on the rise
Home buying has continued its hot streak from 2009 into 2010. Interest rates remain low and continue to pull buyers into the market. The threat of rising interest rates ...
Posted by Sean Kavanagh
on February 11, 2010
36 Buttercup Crescent, Waterdown, ON, L0R 2H8 - $429,900
NEW SPRING CREEK COMMUNITY,LAURELWOOD MODEL 2230 SQ FT ON QUIET CRES.,THIS 4 BEDROOM, 3 BATHROOM HOMES FEATURES WRAP AROUND PORCH W/SWING,HARDWOOD STAIRS,UPGRADED LAMINATE & CERAMIC FLOORS, OPEN CONCEPT,UPGRADED KITCHEN WITH OAK,STAINLESS STEEL APPLIANCES, POT DRAWERS & PANTRY,GARAGE ACCESS,SPACIOUS MASTER WITH LUXURIOUS 5PC ENSUITE,JACUZZI ...
Posted by Sean Kavanagh
on January 28, 2010
Exceptionally low interest rates, government incentives (rebates, tax breaks and RRSP contributions), the looming HST and a renewed consumer confidence puts Canada as the world leader when it comes to the recovery of the global real estate market.
In a recent report on Global Real Estate Trends written by Adrienne Warren of Scotiabank, Canada is leading the way in the global real estate recovery ...
Posted by Sean Kavanagh
on January 22, 2010
Last year ended stronger than expected for Canadian real estate and shed some hope for the industry and the Canadian economy as a whole. Many in the real estate industry predicted that 2009 would continue to post a decline in both units sold and average prices. MLS sales for 2009, however, were reported at approximately 465,000 which represents a 7% increase over 2008 and the average housing ...
Posted by Sean Kavanagh
on January 22, 2010