httpwwwguybuchanancom: Is this a real estate boom or a bubble?
- 01/13/11 11:55 PM
I just read a online news article from the Canadian Business Real Estate online, and thought i should share it with our readers. In mid-December, in an opulent ballroom at Toronto's Royal York Hotel, Bank of Canada governor Mark Carney had just completed a speech on the hazards of taking on too much debt. Someone asked him whether a housing bust might ensue when interest rates rose. Carney dodged the question. "Our decision on the interest rate will be dictated by our mandate for monetary policy," he declared, pointing to the bank's traditional role in containing inflation. He remained silent on whether Canada is suffering … (4 comments)
httpwwwguybuchanancom: Two-thirds of repeat homebuyers buy again and again
- 10/01/10 11:34 PM
More than two-thirds of repeat homebuyers believe their next house purchase won't be their last, according to a new survey by TD Canada Trust. Out of 1,000 participants, more than 23 per cent said they plan to move again within six years ago. One in five repeat buyers has owned more than five homes. The survey participants either purchased a home that was not their first within the past two years, or intend to purchase a home that is not their first within the next two years. Roughly half of Canadians will look for a smaller house, while the rest want to upsize. … (1 comments)
httpwwwguybuchanancom: Open House $1,425,000 Luxury home
- 09/30/10 11:56 PM
Meet Guy Buchanan this Sunday Oct 3, 2010 5045 Mississauga Rd, Mississauga Ontario I will be showing this 6300 square feet Luxury home from 2pm - 4pm. If you have any clients to refer, rest assure they will be taken cared of and you will be notified immediatly if they decide to use my services. Stunning Quality Built Luxury Home!!! Priced at $1,425,000. Former ""Townwood"" Model Home. Premium 70x207' Lot w/Over 6300 sf Living Space. Quality Custom Gourmet Kitchen w/SS Appliances & Granite Countertops. 3 Car Detached Garage W/Plenty Of Parking. Prof Fin Bsmt w/Nanny Ensuite & Sep Entry (2 w/o). … (2 comments)
httpwwwguybuchanancom: Rate Outlook Clear As Mud
- 09/18/10 06:27 AM
Released September 12, 2010 by Laurie Furness I enjoy reading laurie's weekly market report and she is happy that I am sharing it with his my clients and co-realtors. Keeping our clients informed of industry changes keeps up on top of the trends in the market place and builds confidence. "The fact is we're three years in to the global financial crisis and its dynamics still dominate the economic outlook." - BoC chief, Mark Carney The question everyone wants to know is: How long will that be true? The answer, which is as ambiguous as ever, has a direct bearing on the mortgage rates. As … (1 comments)
httpwwwguybuchanancom: 3 DEADLY MISTAKES Every Homebuyer Should Avoid
- 09/11/10 02:11 PM
Michael Rocha is an excellent choice for home inspection here in our Town of Oakville. He provided me with one of his newsletters that I found very informative and wanted to share it with you. Deadly Mistake #1: Thinking you can't afford it. Today, buying the home of your dreams is easier than ever before. Many people who thought that buying the home they wanted was simply out of their reach are now enjoying a new lifestyle in their very own new home. Buying a home is the smartest financial decision you will ever make. In fact, most American and Canadian home owners would be … (2 comments)
httpwwwguybuchanancom: CIBC: Slowdown may be healthy
- 09/11/10 01:33 PM
The Canadian housing market is poised to strengthen after a brief slowdown, according to CIBC chief executive officer Gerry McCaughey. In a television interview with Business News Network McCaughey said the slowdown in the Canadian housing market is healthy as it allows the industry to "catch a breath." "The indications are Canada is doing reasonably well, the recovery in the U.S. and probably in Canada seems to be slowing somewhat, but I believe this is probably a pause," McCaughey said. "I think all recoveries from recessions have a lot of doubt and hesitation around them, and I think the main thing is … (0 comments)
I just read a online news article from the Canadian Business Real Estate online, and thought i should share it with our readers. 
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