Real Estate Homes & Condos

February 2008 - Posts

• The ‘sandwich’ generation needs space for live-in help

  There’s a new name for those thirty-something individuals who are stressed out from providing care for both children and aging parents. They’re called the “sandwich” generation, and millions of Canadians are currently in or approaching Read More... Posted Wednesday, February 20, 2008 3:50 PM by Maureen Reed | (Comments Off) Filed under: etobicoke, realtor, nanny suite, live in help, Estate agents, demographic group, in-law apartment, sandwich generation, toronto west, granny flat, millions of Canadians, Real Estatel

• Choose a closed mortgage to pay your home off sooner

  Canadian homeowners know that paying off your mortgage is the key to achieving financial freedom. Knowing that, it’s surprising how many homeowners shy away from closed mortgages and opt to pay a higher interest rate to get the payment flexibility Read More... Posted Wednesday, February 20, 2008 3:46 PM by Maureen Reed | (Comments Off) Filed under: Coldwell Banker Terrequity Realty, financial freedom, mortgage, closed mortgages, Canada homeowners, open mortgage, canada, Real Estate in ontario

• Canada’s New Housing Starts to Fall Slightly in 2008

  After several years of booming residential construction in Canada, it looks like new housing starts are finally starting to cool – but just slightly. According to Canada Mortgage and Housing Corporation (CMHC), residential construction will decline Read More... Posted Wednesday, February 20, 2008 3:41 PM by Maureen Reed | (Comments Off) Filed under: cmhc, Coldwell Banker Terrequity Realty, market, housing starts, construction, multiple lisitng service, MLS

• Economic drivers signal strong start to 2008

  Looking at fundamentals, it’s not surprising that 2008 is already predicted to be another great year for real estate in Canada. All of the economic drivers that would support a robust real estate market are in place ― powerful demographics – Read More... Posted Wednesday, February 06, 2008 4:05 PM by Maureen Reed | (Comments Off) Filed under: coldwell banker, buyers, economic drivers, migration, low interest rates, High consumer confidence, property value appreciation, real estate in canada, low unemployment, demographics

• Housing Starts in 2007 at 2nd Highest Level in Nearly Two Decades

  Real estate industry insiders have long known that new construction is one of the best indicators of coming market conditions. According to The Canada Mortgage and Housing Corporation (CMHC), we’ve just come out of a near record year, with strong Read More... Posted Wednesday, February 06, 2008 3:53 PM by Maureen Reed | (Comments Off) Filed under: Real Estate, Canadian Real Estate Assocation, coldwell banker, consumer confidence, strong market 2008, employment performance, strong economic, mortgage rates, Canada Mortgage and Housing Corporation cmhc

• The 72 hour rule

  With winter storms pummeling most of Canada in recent weeks, the prospect of becoming stranded in your home for a period of time with limited resources is an all-too-real scenario. Are you ready for such a possibility? The Canadian government warns that Read More... Posted Monday, February 04, 2008 8:17 AM by Maureen Reed | (Comments Off) Filed under: coldwell banker, winter storms, emergency kits, home sweet home

• Buyers need to understand Mortgage Insurance

  Buyers need to understand Mortgage Insurance When you buy a home, there are two very distinct types of mortgage insurance that may come into play – one is Mortgage Loan Insurance and the other is Mortgage Life Insurance. Even the names sound similar, Read More... Posted Monday, February 04, 2008 8:07 AM by Maureen Reed | (Comments Off) Filed under: mortgage insurance, cmhc, coldwell banker, mortgage loan insurance, buyers