Open houses on PEI as well as other markets are still a great way to preview houses before you commit to a full search. Sometimes people just want to see inside a certain house or get building ideas which is fine. It is a time to also ask a REALTOR questions about the market and what is happening. Make sure you ask lots of questions as this is a great way to "interview" the REALTOR who you could use ...
Posted by Joel Ives
on March 15, 2009
Just received a message from Ritchie Simpson "The Mortgage Guy" at CENTUM Advantage Financial Group Inc about new rates coming...with this and programs such as the First Time Home Buyers Credit...this could be just what you need
Hi all,
So, The Bank of Canada has lowered the Over Night Rate again to 0.50% yes, that's right 1/2 of 1%. According to the media Canada's chartered banks ...
Posted by Joel Ives
on March 3, 2009
With all things going on with the media (more US but Canada is catching up) with words like bailout, stimulus, foreclosures, etc I wonder where it all went wrong ??? Sure there are lots of explanations with financial situations such as price of oil, selling off of mortgages, the NASDAQ, stock market, etc it all seems to be tied to confidence. It comes down to confidence in your job, your investments,the ...
Posted by Joel Ives
on March 1, 2009
Ever since the budget was announced I have been trying to find info on the first time buyers tax credit which is part of the Canadian economic stimulus plan. I have gone on to the widely marketed www.actionplan.gc.ca and couldn't find it so after some "googling" found the below info from the budget document it is a bit down from this page.....hope it helps. There is lots of information to digest ...
Posted by Joel Ives
on February 23, 2009
Century 21 Colonial Realty Inc has a new TV campaign running on CBC PEI running on various CBC shows such as Compass the 6 pm Newscast and various other shows such as Hockey Night in Canada. Although I have discussed in the past that Century 21 Canada and Century 21 USA have discontinued TV advertising here on PEI we still have only 1 channel that covers our market. Although the commercial doesn't ...
Posted by Joel Ives
on February 19, 2009
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Posted by Joel Ives
on February 11, 2009
The Federal Government released the 2009 budget this week and it contained some interesting items....I am not an accountant so I will not analyze how the whole budget will affect each person and I am not political so no comments on whether it is good or bad.
I found the below (from Google) info from a KPMG newsletter...all in all money in your pocket is better than money out.
My highlights- 15% ...
Posted by Joel Ives
on January 30, 2009
Ritchie Simpson from CENTUM Advantage Financial Group just sent me the following message.
"Well, if you haven't heard by now the Bank of Canada has lowered the Over-night Rate to a new 50-year low of 1%; the Over-Night Rate is the figure the Bank of Canada uses to signal to Canada's chartered banks what they should do with their lending rates. It appears that the chartered banks will ...
Posted by Joel Ives
on January 20, 2009
Recently it was announced that Century 21 in the USA will no longer do TV advertising. They were one of the first national real estate franchises to do TV advertising with some many memorable ads. You can read the story that came from Adage Daily here. Although the first reaction is that it is about the downturn in the economy and a way to cut back expenses but they have decided ...
Posted by Joel Ives
on January 15, 2009
Since the launch of our website in the past year I have been trying to understand the whole blogging items. I have been told by internet consultants that it is something that we need to do for our customers to understand us more and also to give our own spin on what is happening within the real estate industry.
I have recently been "tagged" by a well known blogger in Charlottetown - Peter Rukavina in ...
Posted by Joel Ives
on January 13, 2009