Hey Bloggers, CMHC released the latest new housing starts for the period ending July 2009. 2009_08_11_0815_eoc.pdf Any questions on this or anything else relating to real estate market. Don’t hesitate to call or e-mail me. T Timothy Salisbury Broker The Salisbury Team...
CMHC – St Catharines-Niagara Press Release May 2009
Hey Bloggers, Here is the CMHC predictions for 2009 and the spring real estate market of 2010. 2009_05_19_0815_eoc.pdf Should you have any real estate questions, don’t hesitate to call or e-mail. T. Timothy Salisbury Broker The Salisbury Team Royal LePage...
CMHC – St Catharines-Niagara Press Release March 2009
Hey Bloggers, Not much to report for March, new home starts are down but not just here in the Niagara Region, but all over Ontario and Canada. It’s still hard to believe that in St. Catharines in the 1st three months of the year, only 1 detached home has been started...
CMHC – St Catharines-Niagara Press Release January 2009
For us in St. Catharines, the total housing starts in January 2009 verses 2008 is down 50%. It’s not all bad news, if you’re looking to move up to a larger home, purchase a 2nd property, or that 1st investment rental, this would be a great time to do so....
How does the budget effect you in the current real estate market?
As many of you are aware, the Federal Budget was yesterday. The following is how it effects us in relation to the Real Estate market. Any feedback, questions or opinions can be made on my Blog. It will be a great forum to start conversations and to read what others...
2008 Home Starts Slightly Lower in the St. Catharines-Niagara CMA
Here is the summary of the month of December and year to end stats for the year 2008 in relation to new home construction. 2009_01_09_0815_eoc.pdf Should you have any questions, don’t hesitate to call or e-mail me. T. Timothy Salisbury Broker The Salisbury Team Royal...
Making an Offer
When you’re making an offer to buy a home, there are six main elements to consider: 1. Price The price you offer reflects your opinion of the value of the house and is determined by the condition of the property and local market factors. You can make any offer you...
The Emotional Aspects of Real Estate
Some of our earliest memories are set in our childhood homes, our families' homes and vacation spots. These early mental pictures form a sense of our most base comforts and values. They provide a measure by which we look to establish our grown up homes so as to...
Retirement Properties
What should I consider as I plan my retirement? For active older Canadians, retirement opens up a whole new world of opportunities and one of those opportunities is finding the perfect retirement home. It's not an easy decision. For many retirees, leaving their family...
November Starts Eased in the St. Catharines-Niagara CMA
Hey Bloggers, November’s CMHC Press release: 2008_12_08_0815_eoc.pdf In summary, Niagara Region housing starts in single-detached homes year-to-date declined 10%. Merry Christmas and a Happy New Year!! T. Timothy Salisbury Broker The Salisbury Team Royal LePage...
Needs vs. Wants…When Buying a Home
What features do I want in a home? What features do I need in a home? Looking for a new home can seem overwhelming at first. There are so many things to think about, so many choices, and often not enough time. A small investment of time and effort right at the start...
Canada Mortgage and Housing Corporation Statistics
Hey Bloggers, Here’s October’s Canada Mortgage and Housing Corporation’s latest stats: 2008_11_10_0815_eoc.pdf Housing starts of single detached homes year to date down 13 percent. As always, should you have any questions, contact me via e-mail at...
Should your client buy first or sell first?
If the client BUYS first: 1. He may have the satisfaction and security of knowing where he is moving to … but only perhaps! 2. The smart thing to do is to include a clause in the offer, stipulation that the purchase is “subject to the sale of the buyer’s house by a...
Property Values Going Up
Article in the St. Catharines Standard last week that I posted on my Blog as well regarding Property Values. Property Values going up means an increase in Property Taxes, see the link below for more information and the complete article. Property Taxes T. Timothy...
The Canadian Real Estate Association (CREA) Develops a New Website
Due to the public being confused about MLS.CA and thinking that they were actually on an MLS® system, CREA has developed a new web site – www.realtor.ca. The site is exceptional. All listings are now mapped to the location. This site will eventually replace the...
St. Catharines Buyers and Sellers…Take Note! CMHC July 2008 Press Release
Canadian Mortgage and Housing Corporation reports depressed July starts in the St. Catharines-Niagara Census Metropolitan Area. Read the press release here: 2008_08_11_0815_eoc.pdf
Find a school in St. Catharines or anywhere in the Niagara Region
Did you know that you can figure out which elementary or secondary school your child will go to in the Niagara Region? Using the 'Boundary School Finder', you can enter any address within St. Catharines or the Niagara Region and MapNet Web will determine which...
Want to Buy Real Estate in St. Catharines? Check your Credit Rating.
When you apply for a mortgage loan or credit card in St. Catharines you're usually asked to complete and sign an application form. An application normally includes written consent by you giving permission to the credit grantor to check your credit report when you...
Questions to Ask Your Local Realtor in St. Catharines Ontario Canada
Choosing a professional Realtor® should be considered one of the most important decisions, much as choosing your family doctor, attorney or financial advisor. Real estate holdings are considered by most to be the foundation of your estate, the shelter for your family...
Buyers and Sellers in St. Catharines. Be Treated as a Client…Not a Customer
Confidentiality As a Client: Under buyer agency, the buyer can feel secure to divulge information without the fear of harming their negotiating position. As a Customer: If the buyer is a customer, all information gained about that buyer will be shared with the seller...
CREA FINTRAC Compliance Requirements for all residents of St. Catharines and Niagara Region
Hello Bloggers! New changes have been introduced. Anytime you buy or sell real estate, you will be required to fill out an additional form proving your identity. Some information below that I have taken from various sources to help you understand what’s going on. T....
Before You Move…
What are some commonly overlooked pre-move arrangements I should make? Use this helpful checklist as a reminder of the things you need to do before you move. Book the movers: * It's a good idea to obtain estimates from several different companies. * The estimate will...
Program to help renters by a home
Before You Move…Here’s a Moving Checklist
Hey Bloggers, I usually send this email “The Moving Checklist” to my clients 4-6 weeks before they close their new homes. Thought you would find this interesting as well. It basically a count down of all the things that should be done before you close. T....
Clarification of Land Transfer Refund for First Time Buyers (Resale)
Canadians are saving “next to nothing”
Hey Bloggers, Even though the economy in Canada has been good, this article mentions that we are spending way too much. Enjoy. T. Timothy Salisbury Broker The Salisbury Team Royal LePage Niagara Real Estate Centre Inc., Brokerage Toll Free - 1-800-467-8498 Office -...
Housing Boom Has Lasted Almost 10 Years
Hey Bloggers, The real estate market has been active for close to 10 years and prices have increased yearly since 1999 but will it stay that way? Enjoy this article. T. Timothy Salisbury Broker The Salisbury Team Royal LePage Niagara Real Estate Centre Inc., Brokerage...
Interest rate cuts appear likely in April
This article was posted in St. Catharines Standard. It appears the Bank of Canada has a green light to lower its key interest rates aggressively next month if it wants to stimulate the economy, following another flat inflation report and the dramatic cut announced...
Videos on Buying and Selling a Home
Click above to view videos on buying and selling.
Market Conditions
Pay attention to market conditions – they will have a definite impact on your position as a buyer. The table below lists the influences that different conditions may have on you. Impact and expenses may vary, depending on your area. Market conditions Characteristics...