Blog by Tomasz Wdowczyk

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New Mortgage Rules

November 18th, 2017
  • New rules take effect January 1, 2018: Check with your Mortgage Specialist on how this can affect your mortgage loan if you've applied before January 1, 2018.
  • Home buyers with a down payment of 20% or more will now be subject to stricter qualifying criteria (also known as a "stress test") that would determine whether a homebuyer would be able to afford their principal and interest payments ...

OREA FEBRUARY REPORT

March 24th, 2017

Residential sales activity reported through the MLS® Systems of real estate Boards and Associations in Ontario numbered 16,864 units in February 2017, an increase of 8.9% from a year earlier. This was the highest February sales figure on record.

Provincial year-to-date home sales were running 9.7% above the first two months of 2016.

The provincial average price for homes sold in February 20 ...

4151 Quaker Hill

February 28th, 2017
New Listing in Mississauga
 Detached Home on Quiet Street. Updated top to bottom. Marble Flrs in Foyer, Hdwd Flrs & Crown Mlding thruout LR/DR/Fam & all 3 Bdrms. W/B FP W/Stone Surround in LR. Eat-in Kitchen w/Limestone Flr & Backsplash, Quartz Counters, SS Appliances & Range Hood. Family Rm with Potlites & Stone Accent Wall.High Raised Bsmt W/Above Ground Wdws Offers Rec Rm High With Qua ...

MARKET REPORT

January 26th, 2017

Ottawa, ON, January 16, 2017 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in December 2016.

 The number of homes trading hands via Canadian MLS® Systems rose 2.2 % month-over-month in December 2016. The rebound recovered less than half of the drop in activity from October to November, when it ...

Decorating During the Holidays

December 8th, 2016
How to decorate your home when it’s for sale during the holidays.

Holidays are special for all of us especially if you have young children at home.  If your home is for sale during the holidays it doesn’t mean that you have to forego all decorations. In fact, creating that feeling of home can help your buyers picture themselves there. Let them see the possibilities of your home.

Here are ...

Market Report

October 29th, 2016

Ottawa, ON, October 14, 2016 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales edged slightly higher in September 2016 compared to August.

Highlights:

  • National home sales edged up 0.8% from August to September.
  • Actual (not seasonally adjusted) activity in September rose 4.2% year-over-year
  • The number of newly listed homes ticked ...

Canada Day

June 29th, 2016

OPP Officer Appealing to Drivers to Learn from the Tragic Mistakes of Others.

Fourteen lives have been lost, so far this year. The senseless deaths come at the hands of distracted drivers on OPP patrolled highways in Ontario.

And while the number of fatalities due to inattentive drivers is slightly down from the same time last year, OPP Sergeant Kerry Schmidt says he still sees distrac ...

Market Report

June 22nd, 2016

Ottawa, ON, June 15, 2016 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2016 and 2017.

Canadian resale housing market trends that defined 2015 have intensified. National sales activity and average prices reached new heights in the first hal ...

Is Testing The Market With a Higher Price A Good Strategy?

April 6th, 2016

When we are talking to potential sellers, pricing is typically the number one concern. Sellers are often tempted to overprice because they don’t want to leave any money on the table and they want to make sure they get the most money for their property.

 It’s totally understandable, and we get it. Plus we want to get you top dollar as that is one of our goals as your listing agent.

 Let ...

2016 Statistics

March 12th, 2016

Ottawa, ON, February 16, 2016 16 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rebounded in January 2016 compared to the previous month.

Highlights:

  • National home sales edged up by 0.5% from December to January.
  • Actual (not seasonally adjusted) activity was up 8% compared to January 2015.
  • The number of newly listed homes ret ...
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