Archives for 2008

Toronto’s Shifting Real Estate Market

The Roll Price Plays in Selling Your Home Currently our market has radically shifted. Gone are the days where you listed your home at what you thought was market value and received 4 or even 8 offers way over market value. Now we are chasing the market down. So ideally you should sit out selling […]

Get Up To Date Listings For The GTA

Planning to Purchase in the Next 6 Months? Would it help to start learning about house, loft and condo prices right now? Before taking that all crucial step of viewing homes it may be important to gather as much information as possible to familiarize yourself with costs of making a purchase. Plus you will want […]

Toronto Real Estate Market Update

Toronto, December 4, 2008: Greater Toronto REALTORS® recorded 3,640 transactions last month, from 7,313sales in November 2007, Toronto Real Estate Board President Maureen O’Neill announced today. Year-to-date sales figures for the Greater Toronto Area show 72,086 transactions in 2008, from 88,695 sales recorded in the same January to November period a year ago. By contrast, […]

Bank of Canada Keeps Interest Rates Steady

This just released today November-17-08, 8:56:49 PM The Bank of Canada held its benchmark overnight lending rate steady at three per cent at it’s setting on September 3rd. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 3.25 per cent. The Bank’s decision to hold interest rates […]

Should Paying Off The Mortgage Wait?

There is never a downside to paying off your mortgage because it means interest saved which means thousands more dollars in your pocket, however if you recently received a gov’t. tax refund there may be other factors to consider.    If you take a $1400.00 tax refund and apply it to a typical mortgage at […]