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8 insider tips for the New Homeowner

June 20th, 2009

8 insider tips for the New Homeowner
What you should keep in mind when making a new home purchase
1 ) Keep your credit clean:
 
Run a credit check on yourself and verify that the information is correct. Contact any creditors who haven’t updated your record in terms of cancelled cards or balances that have been paid [...]

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Harmonized Sales Tax Not Yet in Effect

June 10th, 2009

Harmonized Sales Tax Not Yet in Effect

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GTA May Resale Housing Sales Higher Than Last Year

June 8th, 2009

TORONTO – Tuesday, June 2, 2009

In May 2009, Greater Toronto
REALTORS® reported 9,589 sales, up
almost two per cent from May 2008 –
the first annual increase since December
2007. The seasonally adjusted annual
rate of sales in May was 81,3001
 
“The resale housing market in the GTA
has remained resilient in the face of
challenging times globally,” according to
TREB President Maureen O’Neill. [...]

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RIDING THE … REAL ESTATE ROLLER COASTER financial post

June 7th, 2009

Consider a $300,000 mortgage. At the 3.75% rate some mortgage brokers claim they can get for a five-year closed mortgage, the monthly payment is $1,537.67, based on a 25-year amortization. A couple of years ago, when the rate was closer to 5.75%, the same mortgage would cost 22% more, or $1,875.07 a month.

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MAY/JUNE MARKET REPORT 2009

June 5th, 2009

Sale prices for the period are: $229,000 in 2000; $255,000 in 2002; $262,000 in 2004; $279,000 in 2006, and finally $315,000 in 2009. The cumulative increase was 38% over 9 years or an average annual increase of 4.2%! No exactly a speculative price bubble.

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Six50King West



Six50King West


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Ashley Fray
Remax - Ashley Fray - Condos Toronto

1170 Bay Street Unit 110

Toronto,Ontario,M5S 2B4
Canada
416‐917‐4007


Remax Condos Plus Corp. BrokerageAF Ashley Fray
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