monthly market information: Interest Rate Watch – May 15, 2009 - 05/15/09 08:34 AM
Term                          Rate
6 Months                  4.25%
1 Year                        2.90%
2 Years                      2.85%
3 Years                      3.05%
4 Years                      3.59%
5 Years                      3.59%
7 Years                      4.95%
10 Years                    5.05%
Prime                         2.25%
Variable                    2.85%
(0 comments)

monthly market information: Open House - Alton Village Corner Lot Freehold Beauty! - 04/02/09 08:55 AM

Open house at 4886 Verdi Street in Burlington on Saturday April 4th between 2:00pm and 4:00pm.
Upscale Alton Village corner lot beauty with 1900 ft2 of living space.  3 bedroom + Den and 2.5 bathrooms.  Oversized Master bedroom with ensuite including Jacuzzi tub, separate shower and large walk-in closet.  Eat-in … (0 comments)

monthly market information: 78 percent of first time buyers recognize the time is NOW! - 04/01/09 05:57 PM
A new survey has found that 78 percent of potential first-time home buyers say that now is a good time to buy a home, despite widespread concern about the economy.  Out of the 1,000 prospective first-time home buyers surveyed in early March for the CENTURY 21 First-Time Home Buyer Survey, 68 … (0 comments)

monthly market information: Renters deciding it is time to jump on the property ladder - 03/31/09 08:16 AM
First-time homebuyers are being lured into the real-estate market by falling prices, lower interest rates, more selection and new government tax credit incentives. Century 21 Miller Real Estate in Oakville, Ontario has reported that sales were up in February, after a terrible January, driven by more first-time buyers entering the market. … (0 comments)

monthly market information: Provincial Tax Grab Hits the Housing Industry - 03/30/09 12:44 PM
With the housing industry struggling to recover, the provincial government has implemented a new tax plan to set the industry back yet again.
Dalton McGuinty's government’s plan to harmonize the 8-per-cent provincial sales tax with the 5-per-cent federal goods and services tax will add an extra financial burden on those interested … (1 comments)

monthly market information: Interest Rate Watch – March 28, 2009 - 03/28/09 12:36 PM
 
Term          Rate
6 months    5.20%
1 Year        3.25%
2 Year        3.79%
3 Year        3.90%
4 Year        3.94%
5 Year        3.99%
7 Year        4.95%
10 Year      5.25%
Prime         2.5%
Variable      3.30%
Let me help you save money!  Send me your email address or give me a call and I’ll send you … (0 comments)

monthly market information: The Hint of Spring Sparks Renewed Interest in Real Estate. - 03/27/09 11:01 AM
House prices continued to slide across Canada in February compared to the same time last year, but activity was up for the first time since September.
The Canadian Real Estate Association said Monday that resale home prices fell 9.2 per cent across Canada last month to an average of $281,972. CREA, … (2 comments)

monthly market information: Owning a home for what you pay in rent! - 03/27/09 10:21 AM
 
In many real estate markets, prices appear to have fallen enough to make buying cheaper than renting. When you combine falling housing prices with mortgage rates that are near record lows, renters are now finding it easier to jump into home ownership.
Historically, people rented because they couldn’t afford to … (0 comments)

monthly market information: Home Renos That Pay Off - 03/27/09 08:22 AM
On the heels of the Government unveiling their 15% income tax credit for home renovations, I thought I would send you some information on the three areas of your home where renovations will really pay off when you want to add value to your home.
The Kitchen:
The kitchen is the … (2 comments)

monthly market information: Interest Rate Watch - How Low Can They Go? - 03/21/09 10:03 AM
Interest Rate Watch - March 21
Term                    Rate
6 Months              5.00%
1 Year                  3.25%
2 Year                  3.79%
3 Year                  3.99%
4 Year                  3.94%
5 Year                  3.99%
7 Year                  4.95%
10 Year                5.25%
Prime                   2.5%
Variable                3.30%
Let me help you save money!  Send me your email address or give me a … (0 comments)

monthly market information: Gage Park Beauty! - 03/10/09 06:15 PM
 

Open house at 23 East Bend Avenue South in Hamilton on Sunday March 15th between 2:00pm and 4:00pm.
Great family home located steps from Gage Park.  Freshly updated 4 bedroom, 2 1/2 storey beauty. 
Loads of character with original hardwood throughout first floor and new carpet on staircase.  … (0 comments)

monthly market information: Variable vs. Fixed Rates - 03/10/09 11:06 AM
Bargain basement borrowing costs are prompting many Canadians to opt for fixed mortgages even though variable products continue to be a money-winning option for the foreseeable future, industry observers say.
Canadian Imperial Bank of Commerce's chief economist Benjamin Tal says variable rate mortgages should produce the greater benefit for the next … (0 comments)

monthly market information: Why it’s time to buy a house! - 03/10/09 10:26 AM
When you pair falling housing prices with record low interest rates, both variable and fixed, many financial experts have deemed a home purchase in this market “a no-brainer.”
Even though the financial experts have labelled a home purchase a “no brainer”, consumers’ fear is keeping them from taking advantage of the … (0 comments)

monthly market information: Owners and Buyers Get a Boost from Canada's New Budget - 03/07/09 08:21 AM
 
Canada's housing industry is thrilled with the government's new budget, which provides up to $7.8 billion in tax relief and funding for everything from home renovations to housing for low-income seniors. From First Nations housing to first-time buyers' incentives, there's something for almost everyone.
The Conservative government came through … (0 comments)

monthly market information: Just Listed In Burlington! - 03/03/09 11:36 AM

4886 Verdi Street, Burlington, L7M 0H4
Upscale Alton Village corner lot beauty with 1900 ft2 of living space.  3 bedroom + Den and 2.5 bathrooms.  Oversized Master bedroom with ensuite including Jacuzzi tub, separate shower and large walk-in closet.  Eat-in kitchen with walkout to the fenced in yard.  Separate dining … (0 comments)

monthly market information: Interest Rate Watch - February 27, 2009 - 02/28/09 08:55 AM
Term Rate
6 Month     5.00%1 Year       3.90%2 Years      3.90%3 Years      4.00%4 Years      4.09%5 Years      4.19%7 Years      5.70%10 Years    6.05%Prime         3.00%Variable     3.80%
 
If you would like me to send you periodical interest rate updates, please provide me with your email address so I can pass on the latest rate changes, along … (0 comments)

monthly market information: Canadian Economy: Not as bad as you may think! - 02/22/09 04:30 PM
Guess which country, alone in the industrialized world, has not faced a single bank failure, calls for bailouts or government intervention in the financial or mortgage sectors. Yup, it’s Canada.  In 2008, the World Economic Forum ranked Canada’s banking system the healthiest in the world. America’s ranked 40th, Britain’s 44th.
Canada … (0 comments)

monthly market information: Staging is the secret to selling your home - 02/20/09 06:35 PM
“Sean was able to list our property, show it to multiple parties, and sell it for what we wanted – in 36 days, over the Christmas holidays, and while we were on our honeymoon!” – Brent Fraser.
The above excerpt was taken from a testimonial of a client that recently benefitted … (4 comments)

monthly market information: Interest Rate Watch! - 02/17/09 12:00 PM
Interest Rate Watch as of Friday, February 14, 2009
Term Rate
6 Months    5.20%1 Year        3.89%2 Years      3.99%3 Years      3.75%4 Years      4.19%5 Years      4.19%7 Years      5.90%10 Years    6.35%Prime        3.00%
If you would like me to send you periodical interest rate updates, please provide me with your email address so I … (0 comments)

monthly market information: Buying up? First time buying? Now is your time! - 12/21/08 09:59 AM
For all those first time buyers or those who have been waiting for the right time to move into a bigger household, now is your time.  With housing prices dropping and interest rates at record lows, now is the time to consider purchasing a home.
House prices across Canada fell … (0 comments)

 
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Sean Kavanagh

Burlington, ON

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Century 21 Miller

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