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Home Ownership in Canada

Friday Oct 27th, 2017

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This week's census data reveals that home ownership rates in Canada are dropping and that young people, in particular, are more likely to be living in rentals or at home. If you combine rising student debt, wage stagnation and job insecurity, and rising house prices in many Canadian cities then this trend isn't at all shocking.This week's census data reveals that home ownership rates in Canada are dropping and that young people, in particular, are more likely to be living... [read more]

Mortgage Stress Test

Wednesday Apr 11th, 2018

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Tired of qualifying for the governments mortgage stress test?? Contact us, we have mortgage companies that can help. Banks have to qualify you based on the new Stress Test. Our mortgage brokers, might be able to help. They have lenders that do not have to use the Stress Test. [read more]

Questions about Open Houses

Monday Mar 5th, 2018

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Open House Questions Some Buyers Forget to Ask at an Open House. it’s not unusual to forget to ask important questions about the property. Here are some of the most common: • How old is the roof? • How old is the furnace, air conditioner and other HVAC equipment? • How does the price compare to similar properties in the neighbourhood? (You don’t want to make an offer that’s too high.) • What are the characteristics of the neighbourhood?... [read more]

LOW BALL OFFER??

Monday Aug 6th, 2018

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If you take care to price your home correctly - that is, at a price that is in line with what similar properties in the area have sold for recently - then you have a good chance of selling it at or near your asking price. Call us, with 27 years of experience, we get it right!! [read more]

The Real Estate market is changing!!!

Wednesday May 17th, 2017

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  The Real Estate market is changing! Residential sales down 2.2% in April 2017 compared to a year earlier. New listings in Ontario numbered 41,089 units in April 2017, an increase of 10.5% compared to last year. The provincial average price of homes in April 2017 rose 24.1% compared to a year earlier. More inventory means less multiple offers & lower prices. It's a good time to buy!! Call Bonnie 416-254-1123 if you... [read more]

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