Former Liberal and Conservative MP Garth Turner deserves the honour of best real estate prediction of the year for his book Greater Fool: The Troubled History of Real Estate (Key Porter Books, $21.95), which was released last March, less than a month after the Vancouver housing market peaked. Turner, who is also a broadcaster and […]

The Royal Bank of Canada, RBC, is reporting that Canada is heading for a recession in 2009. This seems to be a common prediction and will likely continue for at least the next one to two quarters.This is what RBC reported
Canada on course for recession
- Canada, while somewhat insulated by a solid financial system, […]

Redfin published a guest post on TechFlash this morning about how the balance of power has shifted between the idealists in business who advance a company’s sense of mission and the mercenaries who insist on being 100% focused on profits. In many ways it picks up where an old Redfin essay about get-rich-quick-schemes left off.
There […]

Redfin published a guest post on TechFlash this morning about how the balance of power has shifted between the idealists in business who advance a company’s sense of mission and the mercenaries who insist on being 100% focused on profits. In many ways it picks up where an old Redfin essay about get-rich-quick-schemes left off.
There […]

Gasoline prices are reaching levels we have not seen in many years. The current price at the pump as of December 28 2008 is about 66.4 cents/litre in and around the GTA. This is exceptionally low compared to prices of late. We paid $1.49 per litre for gasoline at the pump located at the Port […]

Latest CMHC and CREA Data on Home Starts and Sales
Canada Mortgage and Housing Corporation (CMHC) says that housing starts plunged in November to only 172,000 units on a seasonally-adjusted annual basis, versus 212,000 units the month before. According to the Canadian Real Estate Association, the number of existing homes sold in November was the lowest […]

You can see the rates below are slightly lower than the rates that I posted here on my blog a week ago, this is good news for those that are thinking of buying or refinancing their mortgage in the next while.I hope this finds you happy and healthy!Mark

TERM

POSTED

Best Obtainable RATES*

6 Month

5.90%

5.89%

1 Year

5.60%

4.00%

2 Year

6.25%

4.94%

3 […]

Image by rmcgervey via Flickr real estate transfers for the week of December 28, 2008. It looks like the numbers of real estate transfers at the Knox County Registrar of Deeds office is holding fairly constant with other week. this week saw 139 property transfers compared to 137 […]

Image by wallyg via Flickr OK, Christmas is past and it will soon be time to pack up the ornaments and tinsel for next year. However, what do you do with your old cut Christmas tree. The best deal is to take it to Ijams Park to be […]

CONSUMER PROTECTION ACTThe Consumer Protection Act, like the previous legislation. the Business Practices Act. is designed to prohibit unfair practices in sales to consumers.Although the Act does not affect representations made during the course of selling “real property,” it does apply to real estate brokerages when representations are made during the course of selling goods […]