June 25, 2009

The Roller Coaster of Real Estate Prices

The National Post had a brilliant illustration on the front page of the finance section.  I really think it tells us:  the more we know, the less we know. Everyone is throwing their hat into the ring regarding the housing […]
June 23, 2009

25 Easy Ways to Conserve Water at Home

 There has been a lot press about energy conservation.  I have employed my son to block up my air leaks in the house to save on our heating and air conditioning bills. It also comes to mind that we should […]
June 18, 2009

GTA Resale Housing Sales Up 19 Per Cent in the First Half of June

TORONTO, June 17, 2009 – Greater Toronto REALTORS® reported 5,185 transactions in the first half of June – an increase of 19 per cent compared to the same period last year. “Households in the GTA have become more confident in […]
June 16, 2009

Get Your Share of the Government Pie

I recently had a home energy audit to see what grant money I had available from the incentive programs that the government has available.  Actually, over 21,000 Canadians have taken advantage of this program. I can get $2,645 from the […]
June 12, 2009

Drop In Housing Prices Still Occurring But Market Activity Increasing

The experts haven’t said that we are at the bottom of the house price hill, but the real estate market is hopping in some areas.  The key factor ruling the market right now is affordability. The Toronto Real Estate Board […]
June 11, 2009

GTA May Resale Housing Sales Higher Than Last Year

TORONTO – June 2, 2009 — In May 2009, Greater Toronto REALTORS® reported 9,589 sales, up almost two per cent from May 2008 – the first annual increase since December 2007. The seasonally adjusted annual rate of sales in May […]
June 9, 2009

6 Creative Ways to Afford a Home

If your income and savings are making homebuying a challenge, consider these options.   1.      Investigate downpayment options. Your mortgage lender has several choices that can reduce your downpayment.   2.      Get the seller to provide financing. In some cases, sellers […]
June 5, 2009

Banks Are Lending To Qualified Buyers

As a follow up to my last post, I see that David Bach, author of The Automatic Millionaire (among others). Although this video references US loans and forms, the information is equally true here in the Greater Toronto Area.  CHMC […]
June 4, 2009

What Is Your Home Affordability Range?

When a client comes into the office looking to buy a new home, we send them off to the mortgage broker to see how much home they can afford.  The broker will crunch some numbers and help them to define […]