Things are looking really good in the Oakville real estate market. Homes are selling quickly and prices are going up. In regards to homes over $1.5 million: 30 homes sold in July, 2018, 30 in August, 38 in Sep, 38 in October, and 10 in the first 9 days of November. Almost an average of…
Shocking News About Oakville Homes
Contrary to all the negative news in the media, Homes are selling fast in Oakville!. Oakville Real Estate Sales are increasing month over month in several price ranges. 110 homes out of a total of 182 homes sold in July, were only on the market for 30 days!102 out of a total of 154 homes…
Time To Buy
Interest rates are only moving upwards. Get involved in the market while you still can. No one enjoys moving in the winter which will be here soon. Beat the rates and the weather buy now! By spring interest rates will likely have increased more than once. First time buyers especially should take the opportunity to…
Proposed Condo For Burlington
LIV Communities has proposed a six-storey condominium building be built in Burlington; at 1085 Clearview Ave., and 1082, 1086, and 1090 St. Matthews Ave. The residential building would have 169 units. 50 one-bedroom units less than 60-square-metres, 60 one-bedroom units greater than 60-square-metres, and 59 two-bedroom units 25-square-metres per bedroom. 214 parking spaces (163 underground…
Open Bidding
In Ontario, realtors are able to share the price of a competing offer with another buyer, but only if all parties involved agree. However, this is rarely done. This enables all those interested to make a fully informed offer, and can also benefit sellers by bringing in more buyers who are not a fan of…
Toronto Real Estate Is Hot!
The standard resale price of a home in Toronto jumped by some 80 per cent in just four years from 2013 to 2017. This is due to the technology boom in the city which will soon be followed by a real estate market boom; industrial and residential! Condo purchases especially are popular. Indeed, Microsoft, Uber,…
Sales Up = Rates Up
1,747 new homes were sold in September, up from 974 in August. Additionally in September, the standard price for condo apartments increased, while the standard price for single-family homes softened. Royal Bank, TD, BMO and CIBC have all raised their prime lending rates from 3.70 to 3.95 per cent. Scotiabank is expected to follow suit. Economists…
Benefits Of Buying A Home Under Construction
The earlier you buy a property before its completion stage, the cheaper it will be When you buy a property during its construction stage you are most likely to earn a substantial profit if you decide to sell it closer to its completion stage. If there are any repairs needed in the pre-possession stage, the…
Zillow Upgrade
The popular U.S. online real estate market service Zillow announced that it has made Canadian for-sale listings available on its mobile app and website. Zillow users will be able to search for Canadian properties by postal code, city, or province. Every home’s list price, description, photos, and other facts will also be accessible.The listings will…
Oh Cannabis
Cannabis is officially legal in Canada. Each Canadian household will be allowed to have four marijuana plants. Some people think growing and/or smoking it in a home will decrease its value. Would this affect your opinion on a home as a buyer? Some people are even expressing discomfort to a dispensary being in the vicinity…