Friday, April 28, 2006

An Article By Julie Cazzin Has Loads Of Information For People Thinking About Buying Or Selling Real Estate

An article by Julie Cazzin has loads of information for people thinking about buying or selling real estate. Canadian Business online has the article. Julie tells all about what you can ask your realtor to do for you, how to get decreased commission fees, and some other gaffes to avoid. One of the things few people know is that about 20 percent of homes in Canada are sold without a realtor. So get your property professionally appraised, and save the commission.

This is definitely a recommended read.

Tuesday, April 25, 2006

The Bank Of Canada Raised Rates To Control Inflation

Another interest rate hike has occurred in Canada. Prime rate at the major banks is now 5.75 percent. The Bank of Canada raised rates to control inflation. If you are in the market for a mortgage your home just cost you thousands more. We currently have rising home prices and rising interest rates, but the experts say "the bubble will not burst". Most real estate speculators still maintain there is no housing bubble. I guess only time will tell.

Thursday, April 20, 2006

A Newcomer In The Online Real Estate Game Is Dizzytree Inc

A newcomer in the online real estate game is Dizzytree Inc. They are launching a new web portal called Simplerealty.ca. This real estate portal is designed to change the way people shop for real estate, both online and traditionally. Simplerealty.ca will also have a program designed for realtors called RealtyBoss. Although the site has not reached launch yet, they are creating some buzz. Dizzytree's Brad Madigan says that Simplyrealty.ca is designed with the buyer in mind.

Tuesday, April 18, 2006

Paper Millionaires Are Not A New Idea

Paper millionaires are not a new idea, but when it hits you there are decisions to be made. One woman gives her account of becoming a paper millionaire.

Friday, April 14, 2006

If You Want To Make Some Money In Real Estate You Should Check Out This Article

If you want to make some money in real estate you should check out this article by Andy Holloway on Canadian Business Online. Andy explains the ups and downs of the market, along with the hottest places to invest in 2006.

Tuesday, April 11, 2006

First Quarter Real Estate Numbers Are Out For Canada's Major Centers

First quarter real estate numbers are out for Canada's major centers, and all across Canada there have been modest rises in home prices. There are however a few centers that have seen fantastic growth in the last year with 20 to 30 percent gains in home value. Calgary and Edmonton have seen incredible growth with Winnipeg and Vancouver not far behind. These drastic rises in price can been attributed to hot job markets and the high price of oil.

The incredible surge in Calgary's real estate market has brought commission free and For Sale By Owner sales in the city significantly higher. An estimated 15% of home sales are processed privately, making a significant impact on the industry. Comfree is the largest commission free real estate company in Canada and is leading the way in Calgary.

Wednesday, April 05, 2006

In A Hot Real Estate Market It Is Buyer Beware

In a hot real estate market it is buyer beware. Many people are forgoing the customary home inspection in order to snap up hot deals, but his can lead to problems of disclosure from the vendor. CBC reports on one woman's experience.

Reports on Vancouver's real estate market is mixed. Some are saying real estate will stay strong through 2010, others are saying Vancouver is in a bubble market. This will definitely be a market to keep a close eye on.

Sunday, April 02, 2006

Alberta Is The Best Places In The World, Wait, No Its Not

Alberta is the best places in the world, wait, no its not. The current energy boom in Canada's princely province has created a housing crisis. People moving to Alberta for work are unable to afford rent or new homes. There is an unbelievable amount of work available in Klein's kingdom, but not everything is perfect.