Posts Tagged ‘Add new tag’

I wanted to share a press release from Re/Max Ontario Atlantic with my readers…enjoy:

Mississauga, ON (March 11, 2009) ‐‐ A report released today by RE/MAX confirms that entry‐level purchasers are now the engine driving home‐buying activity in almost every major centre in Canada.
The 2009 RE/MAX First‐Time Buyers Report, highlighting first‐time buying activity in 32 residential housing markets across Canada, found that improved affordability is prompting many first‐time buyers to get off the fence, out of the rental, and into the market. While a sense of caution still prevails, more and more first timers are finding it hard to pass up the chance to become homeowners in today’s buyer‐centric real estate  climate. Increased inventory and longer days on market coupled with the lowest lending rates ever are presenting opportunities that have not been seen in almost a decade.
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I haven’t been able to hit the blog in about a week…and for a good reason.  I’ve been super busy with buyers coming out of hibernation and taking  a ride on the real estate roller coaster.  For those of you still sleeping, open those news papers and read the headlines (they’re getting better).  The Bank of Canada once again lowered it’s over night lending rate to .5%.  Shortly after this move  emails were buzzing with mortgage brokers sending me their banks newly posted rates.  One broker from TD Canada Trust had sent one advertising their variable rate at 2.5%!!!

“You don’t have to buy this month, but you should definitely prepare yourself to be in a position to buy in the next 6 months” – Me (Mark Savel, Sales Rep and ABR with Re/Max Realtron Realty)

Speak with mortgage brokers about financing options, Realtors about location and get all your cards in order because there’s some definite deals to be had in the next couple of months!!!

Happy Buying

My glass is always half full (unless it’s a Friday night, then it’s empty). Jokes aside, I was sent an insightful and optimistic article that discusses  the differences between the American and Canadian Banking systems. It was sent to me by Inna Averboukh, a manager for TD Canada Trust in the Residential Mortgages department. The article, written by Fareed Zakaria, left me with a positive view of the Canadian Banking System and I hope it leaves you with the same.

Enjoy
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I’ve always been fascinated by the detail and quality that’s been put into Toronto’s historic gems.  From the grand coloumns at union station to the red brick Flatiron Building on Front St, Toronto truly does have it all!
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