Today the Canadian Real Estate Association (CREA) released an updated forecast for the Canadian resale housing market. The updated forecast projects that activity will remain roughly on par with the 10 year average for annual activity. According to CREA’s chief economist Gregory Klump, “Risks to the Canadian economic outlook remain…
6 Simple Tips For Home Insurance
Insurance may seem complex to you but it doesn’t need to be. Last week I posted information on what insurance companies look at when calculating your policy, and a home insurance assessment checklist. This week I thought I would post just a few simple tips to remember when dealing with…
Toronto Neighbourhood Information: Interactive map from the City of Toronto
Location, location, location! When purchasing a new home this is one of the more obvious factors that comes into consideration with most buyers. Factors such as crime rate, quality/proximity of education, social housing, health care facilities, daycare facilities, public transportation and many more, all come into play. Plus, of course,…
Home Maintenance: Tips to help prevent mold
Mold is a concern for many home owners. Not only can it damage materials making them stained, discoloured and eventually ruined, but mold can also lead to a variety of health issues. Depending on the type of mold, length and amount of exposure, effects can range from very minor to…
10 Tips For Staging Your Home
I’m asked frequently by sellers what they should do to get their home ready for the market and as part of my service I have a professional stager that I work with. Here are the top 10 things that we tell my clients. 1. Box up those personal items. You…
Home Insurance: The Assessment Checklist
Yesterday I wrote about major factors that insurance companies look for when insuring your property. To make sure you have the proper coverage on your home your insurance professional will need to make sure that they have some additional information. The checklist below, provided by the Insurance Bureau of Canada,…
What Insurance Companies Look For When Insuring Your Home
Before an insurance company can arrive at an appropriate premium for your property, it must first assess the likelihood that you will submit a claim. For the most part, the lower the risk (for example a well-maintained home with updated wiring and plumbing) the lower the insurance premium. Policies do…
GTA REALTORS® Report February 2012 Mid-Month Resale Housing Market Figures
The Toronto Real Estate Board released their numbers for the first two weeks of February today. MLS transactions were up over 9% and new listings were up by 13% compared to the same time period in 2011. Check out the report below. TORONTO, February 16, 2012 – Greater Toronto REALTORS®…
CMHC: Canadian Housing Market to Remain Steady in 2012 & 2013
Today saw the release of the Canadian Mortgage and Housing Corporation’s Housing Market Outlook (First Quarter 2012). Overall the CMHC is predicting that Canada with see two steady years in the housing market. The report points to low mortgage rates, increased migration, and lower unemployment rates in both 2012 and…