As of this morning, the long awaited announcement by Federal Finance Minister Jim Flaherty with changes to mortgage insurance rules which come into effect April 19th, 2010. The changes are as follows:
All borrowers must meet the standards for a five year fixed rate mortgage, even if they choose a mortgage with a lower interest rate and shorter term.
The Maximum amount one can withdraw in refinancing ...
Posted by Fernando Frias
on February 16, 2010
Google Street View available for CAMBRIDGE !
Remember seeing the car driving down the street, perhaps in your own neighbourhood with that contraption on the roof? Google Street View officially became available for Canadian neighbourhoods this fall and was released for Cambridge Ontario this week - the technology that lets you fly down to the street curb level and cruise in a 360-degree manner ...
Posted by Fernando Frias
on February 10, 2010
The following is a small excerpt for the Canadian Real Estate Association (CREA) press release of February 8th/10 on there forecast for the Canadian housing market.
Resale housing forecast extended to 2011
With Canadian economic growth rebounding from the recession, the unusually severe decline in sales activity in early 2009 is not expected to recur in 2010. Annual activity in 2010 ...
Posted by Fernando Frias
on February 9, 2010
Average MLS resale price for local markets
City December '08 December '09
Halifax $234, ...
Posted by Fernando Frias
on February 5, 2010
Century21.ca is a multi-lingual platform currently supporting English French & Chinese. See for yourself visit www.century21.ca .
Posted by Fernando Frias
on February 4, 2010
The Real Estate Market is "off & running" in 2010. Here are the latest statistics for the Real Estate Board of Cambridge Inc. (Cambridge, Ontario)
Number of Units Sold (All Categories) for Jan '10 - 145 units / Jan '09 - 109 units or 33.0% increase.
Number of Residential Units Sold - for Jan '10 - 140 units / Jan '09 - 106 units or 32.0% increase
Average Sale Price (Residential ...
Posted by Fernando Frias
on February 3, 2010
Here is a very interesting article by Mark Weisleder who is a lawyer and a contributor to many articles published in The Toronto Star, and have had the pleasure of attending one of his many seminars. Mr. Weisleder can be found at www.markweisleder.com
Property disclosure statement truths
Form is not intended to be a warranty; buyer must conduct own independent investigation
October 02, ...
Posted by Fernando Frias
on January 29, 2010
Ok Cambridge, here is your opportunity to have our city appear on Monopoly Canada Edition.
Click Here to vote:
Posted by Fernando Frias
on January 25, 2010
We welcome you to join us as we celebrate 40 years of success in the real estate industry and invite you to get to know us better as we commence our next ...
Posted by Fernando Frias
on January 12, 2010
HST Could Apply Before July 1st on Home Renovations!
As most of Ontario now knows, the HST (Harmonized Sales Tax) comes into affect in Ontario on July 1, 2010. The HST is ...
Posted by Fernando Frias
on January 8, 2010