More Than A Promise To Sell Your Home

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  • Cracks appear in the real estate market

    For several years now I have been advocating that the Canadian real estate market was not behaving in correlation with the US market and that there was no bubble to burst here.  Gloom and doom reporters have been trying their best to falsely create this situation here in Canada, to no avail. I believe this reporter sums up the reality of the ...
    Posted to Bill Pinto (Weblog) by 23988 on May 15, 2008
  • Stretched buyers fuel boom in housing?

    Engine behind the country's housing boom has been increasingly leveraged first-time buyersTAVIA GRANT  Wednesday, April 23, 2008 Canada may not have the sizable subprime market of the U.S., but the engine behind the country's housing boom has been increasingly leveraged first-time buyers. Legions of first-timers are adding years of ...
    Posted to Bill Pinto (Weblog) by 23988 on April 23, 2008
  • Bank Of Canada Cuts Interest Rate

     The Bank of Canada cut its benchmark interest rate on Tuesday by a half-percentage point to 3 percent, as expected, and signaled that further easing was required but suggested it might pause before cutting again.First time buyer's, those re-mortgaging and those still considering adding to their mortgage amounts will all feel some ease ...
    Posted to Bill Pinto (Weblog) by 23988 on April 22, 2008
  • Canadian households dodge U.S.- style credit woes

    Yet another viewpoint on the comparisons between the US and Canada with regards to the the relationship between real estate and the financial sector.Enjoy ... Canadians have so far dodged the severe credit woes gripping the U.S., where the collapse of the mortgage market has triggered rising delinquency and foreclosure rates and left households ...
    Posted to Bill Pinto (Weblog) by 23988 on March 26, 2008