Fee or Free: Is That The 2011 Real Estate Question?

Realtor Juggling Houses

What have you learned so far in 2011? Yet another year stretches ahead full of clean-slate potential. What are you going to accomplish in the remaining 10 months? Are you determined to make this a pivotal or springboard year, or are you going to wait and see how things turn out? If you don’t stop to… Read More

Low Inventory of Homes for Sale Keeps Real Estate Markets Strong

Re/Max Canada Report

Housing markets have been remarkably hearty over the past decade and the stage is set for a better than expected 2011.  Inventory has proven to be an effective form of market self-regulation, providing both an ideal climate for price escalation and a shelter in periods of softer home-buying activity.  As a number of city centres… Read More

Reduce, Reuse, and Recycle Your Closet

Messy Closet

It’s really no secret. We are a nation of consumers. Watch television for just one evening and you’ll know of a dozen sales and promotions happening in your local area. Whether it’s retail or sale, there are more than a handful of us that have consumed our ways to a stuffed closet. Call it early… Read More

Top 10 reasons to attend the National Home Show

Oympic medalist Clara Hughes

1 Inspiration: “To renovate your home, to do landscaping and decorating, to (make it happen), you’ve really got to get inspired. And that’s what our show does,” says show manager Denise Hayward. In fact, more than half of the visitors at the 2010 show said they were attending primarily to find renovation ideas and inspiration,… Read More

Stunning Sunnylea Townhome

49 Furrow Lane Master Bedroom Panoramic

This fabulous executive freehold townhome is situated in the sought-after Sunnylea neighbourhood of West Toronto, close to the Islington subway station and with easy access to major highways, Toronto airport and downtown Toronto. The well-appointed chef’s kitchen has stainless steel appliances, granite counters, tumbled marble backsplash and a cozy breakfast area next to a bay… Read More

Optimistic Forecast for Real Estate Sales and Prices in 2011

Prices Going Up

The Canadian Real Estate Association has boosted its forecast for 2011 existing home sales after a stronger-than-expected hand-off from 2010. CREA now expects sales via its Multiple Listing Service to hit 439,900 units, representing an annual decline of 1.6%. In 2012, national sales activity should rebound by about 3% to reach 453,000 homes, it said…. Read More

Banks Raise Fixed Term Mortgage Rates

Banks Raise Mortgage Rates

A rise in bond yields has prompted TD Canada Trust to raise some of its fixed-term mortgage rates by as much as a quarter of a percentage point. CIBC followed late in the day with similar rate hikes. “When bond yields go up it means the cost of funding for the bank has risen for… Read More

How to Successfully Navigate The Changing World of Mortgages

Home Mortgage

The world of mortgages is changing. To paraphrase the old Joni Mitchell song, most consumers will not know what they’ve got until it’s gone. They won’t realize that by the time a mortgage is paid off, borrowers have paid two or three times the original amount borrowed – the mortgage principal – to buy real… Read More