Posts Tagged ‘canada’
There are 2 very popular Free Online Classified websites in Canada. They are Kijiji and Craigslist. Both of these websites allow sellers to post any item (car, hockey cards, bikes, homes) on their website for free. We encourage our sellers to post their home for sale on Kijiji and Craigslist and PropertySold.ca even includes an [...]
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- Tags: advertising, buyers, canada, condo, craigslist, exposure, home, kijiji, propertysold, sell, sellers, selling
Porting a mortgage basically means to take a mortgage from one property to apply it to another property. Porting a mortgage is very common in Canada. In the real estate porting a mortgage video below, we discuss the different aspects of “Porting a Mortgage in Canada“. Some of the things that you should be aware [...]
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- Tags: canada, decrease, increase, mortgage, mortgage contract, mortgages, moving, port, porting
2011 Canadian Real Estate Forecasts and Outlook
In: Real Estate News
22 Dec 2010Next year is almost here! 2010 was a positive year for Canadian Real Estate sales and for PropertySold.ca. The home sales in Canada were down 5% compared to 2009. Home prices increased by 7% in 2010. Let look at some predictions for 2011. BANKS: TD – Is forecasting a drop in sales of 7.6% and [...]
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- Tags: 2011, canada, CREA, forecast, Garth Turner, home prices, home sales, housing, outlook, RBC, Remax, TD
Flipping homes is something that many people wonder about. Doesn’t it sound great? It’s easy right? You simply buy a home for $300,000, and then put in $50,000 in renovations and sell it for $500,000 a few months later. Excellent! $150,000 in your pocket! Despite the television shows that make it look easy, the reality [...]
Selling Your Home In A Buyers Market
In: Real Estate News
29 Nov 2010The Canadian resale home market has been relatively (compared to other countries) quite stable. Although the number of sold homes has been decreasing each month since June, prices are at an all time high. A recent Globe and Mail article about the housing market in the USA stated: “Bill and Becky Britt just bought a [...]
Selling Your Home On Twitter
29 Nov 2010Propertysold.ca recently passed 1,000 followers on Twitter! We currently have 1,033 people following our company on Twitter. Twitter is a great way to distribute news about our homes for sale and other company updates. Twitter has become an incredibly popular “micro blogging” website. It allows users to post 140 character updates. Who would have thought [...]
For Sale By Owner In Canada: How does it work?
22 Nov 2010In addition to our recent blog “Homes For Sale By Owner 5 Tips For Selling“, here are some more things to consider if you are thinking about selling your home “For Sale By Owner” in Canada. 1) Advertising your home: There are different ways to advertise your home: Internet and signs are the most important. [...]
Today, a Royal Lepage report was mentioned in the Canadian Newspapers. Here are some links (Note the title of the news stories) : House prices on healthy rise: Royal LePage (Vancouver Sun) Average house prices show return to normalcy: LePage (CTV) HALIFAX HOUSE PRICES SEE HEALTHY YEAR-OVER-YEAR INCREASES (Newswire) More recently CREA released their September [...]
There are lots of recent reports of a Canadian Housing Bubble. It is difficult to determine if we are in a housing bubble or not. You could read different blogs like GreaterFool.ca or CanadaBubble.com, or you could listen to the CREA or economists like Will Dunning who say that we are not in a housing [...]
Is For Sale By Owner A Safe Method To Sell Your Home During Economic Uncertainty
In: Real Estate News
27 Nov 2008The world is currently experiencing an overall economic slowdown and tight credit markets where lenders simply aren’t lending. The impact thus far has been mostly felt in the United States, Europe and Asia but even with the world’s top ranked banking system will Canada be able to avoid an economic slowdown or recession? And if [...]
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- Tags: canada, credit crisis, private sale
Applying For a Mortgage in Canada
In: Real Estate News
15 May 2008You have done your home shopping and have found that perfect dream home. Now it is time to finally apply for a mortgage. Shopping for a home is exciting, but applying for a mortgage can be complicated. It is best to be as educated about the mortgage application process as you can be. Do plenty [...]
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- Tags: application, apply, canada, mortgage
Canadian Banks Offset Toronto Transfer Tax
In: Real Estate News
21 Nov 2007Ever since Toronto’s municipal council approved the new land transfer tax, set to come into effect in February 2008, Canadian banks have been wooing Toronto’s imminent homebuyers with cash-back offers and promotional mortgage rates to offset the tax’s cost. Bank of Montreal, Royal Bank of Canada, TD Canada Trust and Bank of Nova Scotia are [...]
Toronto Land Transfer Tax Approved
In: Real Estate News
23 Oct 2007The Toronto City Council approved yesterday the much-debated Land Transfer Tax (LTT) in hopes of offsetting the city’s budget shortfall, sparking a scramble among buyers hoping to close their real estate deals before the end of the year. The new tax will add up to 2% to the cost of both residential and commercial real [...]
Mid-Year Marks One Million Visitors on PropertySold.ca
In: Company News
18 Jul 2007PropertySold is proud to announce the millionth visitor to the site this month, marking a new record in traffic, and ensuring growing exposure for our ‘For Sale by Owner’ client listings. With just a little less than half the year to go, traffic to the website has exceeded all expectations, promising even stronger year-end numbers. [...]
Toronto Land Transfer Tax Causes Uproar
In: Real Estate News
4 Jul 2007The Toronto Star recently published a report on a new land transfer tax under consideration by the municipal council. The land tax would make Toronto homeowners the only Canadians to pay two, concurrent land transfer taxes, both provincial and municipal. This has many groups up in arms, concerned about impacting a fragile housing market, concerned [...]
University researchers in Madison, Wisconsin, have released the results of an interesting new study that shows homeowners who sell on their command much the same prices as those who sell through an agent. The findings fly in the face of what real estate agents have often touted as their greatest warning: that DIY home sellers [...]
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- Tags: canada, fsbo, home pricing, mls, mls.ca
The flourishing ‘For Sale by Owner’ real estate market is set to outpace traditional agent-assisted sales, as purchase prices rocket past the national average. The do-it-yourself approach to home sales is becoming increasingly popular in Canada. FSBO, as it is known, eliminates real estate agents from the sale of homes, allowing homeowners to pocket what [...]
Canada Real Estate News
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.