Archive for the ‘General Real Estate’ Category

Avoiding the crash

Posted: 7th September 2010 by Laurin Jeffrey in Buying Real Estate, Empty Nesters, First Time Buyers, General Real Estate, Mortgages and Financial Information, Move Up Buyers, Other Real Estate Markets, Pickering Ajax Real Estate, Toronto Condos, Toronto Real Estate, York Region Real Estate
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Even if prices tumble, though, as happened in 2008—when the economy was also teetering and house prices were at record levels—they could still make another surprising comeback.

Canada housing boom ending with whimper, not bang

Posted: 7th September 2010 by Laurin Jeffrey in General Real Estate, Other Real Estate Markets, Toronto Real Estate
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An equally important factor for Canada’s housing market may be a bond market rally that has kept mortgage rates near historic lows. Bank of Montreal cut its five-year low-rate mortgage to 3.59% from 3.79%

Toronto’s concrete heritage can’t get no respect

Posted: 27th August 2010 by Laurin Jeffrey in Central Toronto Real Estate, General Real Estate, Miscellaneous, New Condos & Lofts, Planning & Development, Toronto Condos, Toronto Real Estate
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Torontonians are often embarrassed by the amount of concrete in our city. Viewed as cheap and bland, to many contemporary eyes it seems like an ugly reminder of what replaced the quaint Victorian homes, office buildings and warehouses that were torn down in the 60s and 70s to make way for it.

Housing boom is finally ending

Posted: 25th August 2010 by Laurin Jeffrey in Buying Real Estate, General Real Estate, Other Real Estate Markets, Selling Real Estate, Toronto Real Estate
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But in spite of the sharp drop in demand, prices have been slow to weaken. Even if some markets, notably high-priced Vancouver, Calgary and Toronto, are seeing price declines, they’re still up significantly from a year ago.

Mortgages a tricky, scary business

Posted: 24th August 2010 by Laurin Jeffrey in Buying Real Estate, First Time Buyers, General Real Estate, Mortgages and Financial Information, Toronto Real Estate
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There are multiple mortgage options available, and for most people a mortgage is the single largest piece of debt they will ever hold that can take years and years to pay off. A mortgage is, quite simply, a huge financial commitment and responsibility.

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