Buyer News

Property Values : How smoking at home reduces property values

by jamesbright May 21, 2013 Buyer News 0 comments

How smoking at home reduces property values

A recent survey of Ontario real estate agents in Ontario found that smoking in a home could lower the value of your property by up to 30 per cent.

The survey was sponsored by Pfizer Canada and besides the obvious damage by staining walls and carpets, it can …

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Buyers : First-time homebuyers influenced by commute

by jamesbright May 13, 2013 Buyer News 0 comments

First-time homebuyers influenced by commute

Commute times are becoming key for first-time homebuyers, according to a new BMO survey.

Of course, finding a home in a safe neighbourhood is still the top concern, ranking as the first priority for 62 per cent of first-time buyers surveyed, just below the 63 per cent national average among buyers …

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Mortgage News : What is Mortgage Default Insurance?

by jamesbright May 9, 2013 Buyer News 0 comments

What is Mortgage Default Insurance?

The amount of money you save for the down payment will determine whether you will require mortgage default insurance.

If you have a down payment which equals 20% or more of the price of your home, you will qualify for a conventional mortgage and mortgage insurance will not be necessary. …

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Canadian Housing Market : Highly Unusual Place

by jamesbright April 8, 2013 Buyer News 0 comments

Housing Prices

Toronto Star : Susan Pigg

An unusual combination of factors is fueling house price increases despite a downturn in sales, a new housing survey finds.

Toronto house prices are likely to continue to soften into next year, but will avoid a hotly anticipated major downturn, as “2013 finds the Canadian housing industry in a highly …

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Toronto Home Prices : Home Prices Higher Despite 15% Sales Drop

by jamesbright April 2, 2013 Buyer News 0 comments

Toronto home prices gained two per cent on average

CBC News

The average price of a home in Canada’s largest real estate market increased two per cent to $510,580 in February.

In a release, the Toronto Real Estate Board attributed the numbers to a weak showing in the luxury detached homes, where there were fewer homes …

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Royal Lepage : Despite Challenges, Canada’s Generation Y Still Plan to Own Homes

by jamesbright March 24, 2013 Buyer News 0 comments

New mortgage regulations and current home prices seen as obstacles by Generation Y

TORONTO, ON, March 20, 2013 – Although there are genuine hurdles to owning a home for Canadians, a new Royal LePage Real Estate survey shows that Generation Y (born between 1980 and 1994) and Baby Boomers (born between 1947 and …

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House Hunting : Checklist for House Hunting

by jamesbright March 5, 2013 Buyer News 0 comments

House Hunting : Checklist

If you are thinking of buying a home in the near future, a Realtor can provide invaluable help in finding the right home in the right price range in the area you want to live. A realtor can give you a customized list of homes for sale that match your …

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Buying Tips : Win House Bidding War

by jamesbright February 21, 2013 Buyer News 0 comments

Buying Tips : Winning a Bidding War

By: Scott McGillivray

With over a decade of investing in real estate under my belt, I’ve learned a few things about the buying and bidding process. Whether you are a first time buyer, looking for a bigger home, or downsizing, investing in real estate is a smart decision – …

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Buying a Home : Needs and Wants

by jamesbright February 13, 2013 Buyer News 0 comments

Buying a Home : Needs and Wants

The current combination of attractive mortgage rates, home buying incentive programs and a wide selection of homes from which to choose means now is a great time to consider buying that first home or moving to something that better serves your needs.

Location, Location, Location

Location is one of the …

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Real Estate News : What will Spring bring for Toronto Real Estate?

by jamesbright February 6, 2013 Buyer News 0 comments

Globe : What will Spring bring for Toronto Real Estate?

By: Carolyn Ireland

For now, anxious sellers in the Toronto real estate market who are hoping for a spring rebound seem evenly matched by optimistic buyers looking for a deal.

Bank of Montreal economist Douglas Porter looks at the Toronto housing market and sees a satisfying balance. …

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