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  • Empty-nesters eager to downsize as kids leave home

    These days, there are a lot of differences between the real estate markets in Canada and the U.S., but there’s at least one aspect that’s common to both.   We’re both seeing the impact of a major demographic group reaching a new stage in their lives, as aging ‘baby boomers’ become ‘empty nesters’ ...
    Posted to Toronto Real Estate, Ontario, Canada (Weblog) by 21475 on April 4, 2008
  • Is it the right time to buy?

    According to real estate industry sources, the national average house price in Canada is expected to continue to rise this year and through 2009.   Both the Canadian Real Estate Association (CREA) and Canada Mortgage and Housing Corporation (CMHC) have predicted that house prices will climb to new records in major markets all across the ...
    Posted to Toronto Real Estate, Ontario, Canada (Weblog) by 21475 on March 26, 2008
  • 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 offered by an open mortgage. While it may sound reasonable in terms of making additional ...
    Posted to Toronto Real Estate, Ontario, Canada (Weblog) by 21475 on February 20, 2008