The calming of home prices in Ontario is not going to last long. Price increases will stabilize the market. Buyers will have more time to make a fully informed decision which is good however prices will be higher! I am telling you home buyers now is the time! Waiting for a better price can backfire…
Best Time To Buy Pt 2
A rise in interest rates will be coming sooner than we thought. Specialists say the economy is still going against estimates and not doing as well as it should. However interest rates will still be increasing shortly as the economy seems to be able to handle it. Evidently this July seems to be “the most…
Price Correction For Ontario Housing Market
CMHC had a look at whether an overall price correction in the housing market is needed in its new “Housing Market Insight”. In 2018 and 2019, low interest rates and government spending hikes, will support real estate in Ontario. With a more balanced market, buyers will have a better choice of homes and more time…
Buying Made Easy
The Canadian Real Estate Association (CREA) and real estate information portal; Local Logic are partnering up to improve your home search experience! Now when you search for a home on REALTOR.ca you will be provided with more lifestyle specific information such as proximity to transportation, stores and schools, neighbourhood noise levels and more. Find the…
Millennial Takeover
Nowadays millennials are the majority and everything is technology based and inspired. An online presence is necessary in every business. This is why traditional real estate is transforming. Millennials have taken over the market and they are generally less responsive to a physical real estate approach. They’re completely electronically motivated! #Frankilia.ca #Homs.ca #oakvillerealestate #newagerealestate By:Frank…
Real Estate Need To Knows
“The Canada Revenue Agency is getting tough with people who fail to comply with new rules requiring the routine sale of a home to be reported, even when there’s zero tax owing.” As of 2016 you must report the sale of a prime residence or you could be fined $8,000. If you forget to report…
The Progressive Conservative Party For The Win!
The elections are over and PC wins! PC promises to cut taxes for corporate and small businesses. Ontarians in the middle class could see their tax bills decrease by around 20%. Also, there has been mentions of child-care tax reforms and lower taxes on gas and hydro. There will be less stress on the pockets…
There Is No End To this Tax Game
There is talk of an increase in the tax for home buyers. Land Transfer Tax really? This is just my opinion. However if you are waiting for the Oakville Real Estate market to get better before you buy; I would say do the opposite. There is no end to this tax game so buy now…
US Taxes Affect Canadian Markets
The U.S. government is getting ready to put some hefty taxes on aluminum and steel. This may make condominium prices increase drastically because they are made of Aluminum and Steel. The extra tax would be up to 25%. I would say now is a great opportunity for #buyers to close a deal on a #oakvillecondo…
Best Time To Buy
Canada’s economy may be in for some trouble. Growth rates are slowing across the board. British Columbia and Prince Edward Island will have the fastest growing provincial economies in 2018, with Ontario and Quebec just behind them. Although the banks expected worse and may be raising interest rates soon. It is the best time for…