Showcasing the real green

November 17, 2008 · Filed Under Local · Comment 

Amidst the 325 hectares of unspoiled woodlands at the Kortright Centre in Woodbridge, there’s the decidedly suburban spectre of a new home construction site.
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Upscale Woodbridge townhouses have a European flavour

November 17, 2008 · Filed Under Local · Comment 

Espresso cafés within walking distance enhance the European flavour of 37 upscale townhouses in Woodbridge.
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Showcasing the real green

November 17, 2008 · Filed Under Real Estate News · Comment 

Amidst the 325 hectares of unspoiled woodlands at the Kortright Centre in Woodbridge, there’s the decidedly suburban spectre of a new home construction site.
Click to read complete article

Newly muddled world of real estate

October 14, 2008 · Filed Under Buyers · Comment 

This is an uneasy time for residential real estate. If you’re
selling, you wish you’d sold six months ago; that is if you had a
choice. If you’re buying, you worry it’s not the bottom but rather
the middle of a price slide that’s only begun. For most, we don’t
have to buy or sell this month, and that’s a relief. However, there
are degrees of angst. I’m part of the club that was feeling good
about the gains a condo I’d purchased 18 months ago had made. I
suspect these paper profits will soon evaporate. I worry what
happens when all those new towers with units to sell go on the
market. Oversupply of new units isn’t going to make my place more
attractive. And speaking of oversupply, what about all those people
who can just afford their mortgage? What happens if they lose their
jobs and are forced to sell? (And are these the fears — regardless
of the facts — that drive markets down?)
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Newly muddled world of real estate

October 13, 2008 · Filed Under Sellers · Comment 

This is an uneasy time for residential real estate. If you’re
selling, you wish you’d sold six months ago; that is if you had a
choice. If you’re buying, you worry it’s not the bottom but rather
the middle of a price slide that’s only begun. For most, we don’t
have to buy or sell this month, and that’s a relief. However, there
are degrees of angst. I’m part of the club that was feeling good
about the gains a condo I’d purchased 18 months ago had made. I
suspect these paper profits will soon evaporate. I worry what
happens when all those new towers with units to sell go on the
market. Oversupply of new units isn’t going to make my place more
attractive. And speaking of oversupply, what about all those people
who can just afford their mortgage? What happens if they lose their
jobs and are forced to sell? (And are these the fears — regardless
of the facts — that drive markets down?)
Click to read complete article

Mayor vs. city in court

October 12, 2008 · Filed Under Local · Comment 

City lawyer Ian Lord might have said it best at Newmarket court last Thursday: “The Municipal Elections Act is perhaps nobody’s cup of tea.”The controversial law was the subject of lengthy debate last week when lawyers for the city, embattled Mayor Linda Jackson and auditor Ken Froese of LECG Canada presented their arguments.The legal showdown is just the latest chapter of the Jackson campaign audit saga.
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Buyers catch a break as house prices dip

October 6, 2008 · Filed Under Real Estate News · Comment 

A cooling house market, confirmed in sales figures released yesterday by the Toronto Real Estate Board, means the pendulum has swung in favour of buyers.In September, home sales in Toronto dropped 11 per cent to 2,546, compared with the same month in 2007 - a record sales year.

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Canada close to buyer’s market, but not a bust: CIBC

October 1, 2008 · Filed Under Real Estate News · Comment 

provinces,??? the Canadian Real Estate Association said in its latest monthly
market report, showing new listings falling 5.4% in August.
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My nest egg, my bunker, my home

September 30, 2008 · Filed Under Real Estate News · Comment 

It takes every bit of willpower not to feel frightened about what is going to happen to the one asset many of us counted on

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City soars on business stage

September 26, 2008 · Filed Under General · Comment 

If you’re searching for a place to relocate or start a company, head to Toronto - then head north.Vaughan placed higher than its southern neighbour in Canadian Business magazine’s latest Best Canadian Cities for Business ranking.The city above placed 12th of 40, while Toronto sat near the bottom of the list at 33.
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  • Note: Above Mortgage Calculator assumes monthly compounding. Canadian Mortgages are typically compounded on a semi-annual basis resulting in slightly lower payments.