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
  • Property owners to get a fairer assessment appeal system

    A fairer property tax appeal system is expected with changes announced by the provincial government. The changes mean the onus of proof on property assessment appeals is reversed so that, when a property owner appeals an assessment, the Municipal Property Assessment Corporation (MPAC) would be required to prove the accuracy of the new assessment. ...
    Posted to Bill Pinto (Weblog) by 23988 on May 8, 2008
  • Rising Interest Rates In 2009?

    CIBC Work Markets released a report this week forecasting 100 bps of Bank of Canada rate increases by the end of next year, which would essentially take back most of the rate cuts we have seen this year. This has implications for potential borrowers who may be less willing to take on risk or a little stretched in their debt coverage ...
    Posted to Bill Pinto (Weblog) by 23988 on May 7, 2008
  • Will Interest Rates Be Rising In 2009?

    CIBC Work Markets released a report this week forecasting 100 bps of Bank of Canada rate increases by the end of next year, which would essentially take back most of the rate cuts we have seen this year. This has implications for potential borrowers who may be less willing to take on risk or a little stretched in their debt coverage ...
    Posted to Bill Pinto (Weblog) by 23988 on May 7, 2008
  • Credit crisis may be fading: Paulson

    Some positive news from south of the border that may calm some of the unfounded fears of a real estate related crash that the Canadian media has been implanting in Canadian consumers for months now.    JEANNINE AVERSA and MARTIN CRUTSINGER Wednesday, May 07, 2008 WASHINGTON — The worst of the credit crisis may ...
    Posted to Bill Pinto (Weblog) by 23988 on May 7, 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
  • Open House in Hawthorne Village on Sunday

    [calendar:2008-04-20 2008-04-20] Hawthorne Village, Milton  -  We invite everyone to visit our open house at 819 Biggar Heights on April 20 from 2:00 PM to 4:00 PM. Property information
    Posted to Bill Pinto (Weblog) by 23988 on April 14, 2008
  • Open House in Hawthorne Village on Saturday

    [calendar:2008-04-19 2008-04-19] Hawthorne Village, Milton  -  We invite everyone to visit our open house at 819 Biggar Heights on April 19 from 2:00 PM to 4:00 PM. Property information
    Posted to Bill Pinto (Weblog) by 23988 on April 14, 2008
  • Market Update

    Further to the local real estate market statistics posted here yesterday, a Royal LePage Real Estate Services' House Price Survey reports that home-price increases moderated in the first quarter, but remained solid due to a strong economy, high immigration levels, and relatively low interest rates. In Toronto, Canada's largest ...
    Posted to Bill Pinto (Weblog) by 23988 on April 3, 2008
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