The RemodelOrMove.com Spring 2013 US Remodeling Sentiment Report documents strong growth in higher-end home remodeling projects where a homeowner will hire a general contractor and do little or none of the work themselves. So is Do-It-Yourself (DIY) home remodeling on…
The answer would be NO. However, certain facts surrounding the construction industry that surfaced lately in the media, are hard to ignore. Building houses is a lucrative business and there is a fierce competition. The small players go out of…
Do higher home prices translate into higher profit for the construction companies? I’ve been always curious what does a builder make from selling a new home. There must be lots of variables here like location, the size of the home,…
Would the baby boomers pop it? Depends on who you talk to, you will get conflicting opinions on whether there is a housing bubble in Canada. Realtors stay firmly behind the notion that demand is healthy and the current housing…
And the winner is… Fixed rate. At least that is what the recent CIBC/Harris Decima poll implies. Key findings of the poll include: 39% of respondents said they would choose a fixed mortgage if they had to choose between a…
It’s all about getting a deal, isn’t it?
With his/her knowledge and marketing power the real estate agent can be instrumental in your search for the right property. Use their service – it’s a great “free” benefit to all buyers. “Free”, because someone else picks up the bill – the seller. And I know, if you are the buyer, you don’t care how much it cost, but more experienced sellers try to drive a hard bargain when dealing with a real estate agent. Is that service negotiable? How many are willing to negotiate?
Globe and Mail released the results of their online poll on the new mortgage rules now in effect in Canada. They were introduced earlier this year by the Harper government with the intention to reduce the risk to our lending…