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By CMHC SCHL, on March 18th, 2011
CMHC’s newest EQuilibrium™ Housing demonstration home opens its doors in Winnipeg
EQuilibrium™ Housing is a national initiative led by Canada Mortgage and Housing Corporation (CMHC) that brings the private and public sectors together to develop homes that are energy- and resource-efficient, environmentally friendly, and healthy to live in.
To help Canadians learn first-hand about sustainable housing, [...]
By Marcus Assalone, on January 17th, 2011
Today Canada’s Federal Finance Minister Jim Flaherty introduced new restrictions to be placed on mortgages insured by the CMHC. (Those are mortgages where the homeowner contributes less than 20% of the purchase price as a down payment.) These new rules will take effect on March 19, 2011.
· Maximum Mortgage Amortization periods will be reduced from [...]
By Marcus Assalone, on September 26th, 2010
In the media there are steady reports of Canadian real estate being in a bubble. These reports usually compare the increase of sale prices to the increase of incomes or potential mortgage payments to rental payments. If these reports make you think about the value of real estate and how real estate is valued and [...]
By Marcus Assalone, on September 22nd, 2010
COLDWELL BANKER REAL ESTATE ISSUES HOME LISTING REPORT OF MOST EXPENSIVE AND AFFORDABLE U.S. HOUSING MARKETS
Newport Beach, Calif., Tops Most Expensive Housing Market List; Detroit is Most Affordable Market
PARSIPPANY, N.J. (Sept. 22, 2010) – Coldwell Banker Real Estate LLC today released its Home Listing Report, a snapshot survey of U.S. four-bedroom, [...]
By Marcus Assalone, on June 23rd, 2010
COLDWELLBANKER.COM, REDESIGNED WITH DREAMERS IN MIND
Today, Coldwell Banker Real Estate LLC officially launched the new version of its website, www.coldwellbanker.com, which has been in beta form since December 2009. Wholly re-thought and re-designed, the site features optimizations that completely alter and enhance the experience of searching for a home online.
“The Internet is often the first stop [...]
By Marcus Assalone, on April 17th, 2010
For young people and first time homebuyers a popular purchase is a home in need of renovations. The attraction is a comparably lower price situated in a well-established neighbourhood featuring high quality schools, great shopping, community centres and transit facilities your family can enjoy.
Step One: Identify the Neighbourhood
You have gone to the bank and identified [...]
By Marcus Assalone, on March 22nd, 2010
The national organization that oversees all Canadian MLS systems, CREA, (the Canadian Real Estate Association) modified some of its rules today in order calm some fears that the Competition Bureau has about residential data listing practices. Most of the rule changes are simply rewording to make it clearer that the rules are in a competitive [...]
By Marcus Assalone, on March 11th, 2010
The most rewarding part of my job is helping young couples get a good start on their life by finding them a home that will support their dreams for years to come. For most couples, buying a home together will be the largest single investment they will ever make. It’s an important decision just as [...]
By Marcus Assalone, on January 30th, 2010
Demographia International released their annual report on the affordability of homes due to the policies of urbanization. The particular slant of the organization is that they would prefer cities consist primarily of single-family residential properties, and they are so blinded by this goal, that to them the facts really do not matter. So, don’t take [...]
By CMHC SCHL, on January 28th, 2010
Using Photovoltaic Systems to Power your Home
With increasing concerns about energy costs and the environment, more and more Canadians are turning to photovoltaic (or PV) systems to generate their own renewable energy at home.
PV panels convert sunlight into electricity. Safe and reliable PV systems produce no pollution or emissions, incur few operating costs and are [...]
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