The home renovators should consider the lending requirements of the of financial lenders first. Banks and other lenders don’t care about homey aesthetics, paint colours or kitchen fixtures. Their taste squarely revolves around whether a house that needs refinancing for a renovation is more or less livable, and not a construction site. Mortgage brokers explain that […]
Luxury real estate in Canada becomes pricier and pricier
According to the Royal LePage Carriage Trade Luxury Properties 2016 Report, Canada’s luxury residential real estate market has seen a notable increase in foreign buyer activity over the last 10 years, with some realtors suggesting that more than 25% of luxury properties now purchased by foreign buyers. This report analyzed the luxury real estate market in four cities: […]
The reasons Canada’s interest rates might stay low
The Bank of Canada governor expressed confidence that regulatory changes were limiting home loans to those best able to finance them. It was the clearest statement yet that the central bank’s controversial decision to keep interest rates ultra-low won’t be altered over worries about a housing bubble or rising household debt levels. Unlike […]
More foreign buyers are investing in Canadian luxury homes
The Canadian real estate is an attractive market for foreign buyers these days. But for all of the attention and debate on the matter, we understand shockingly little about just how much of the market is foreign-owned and what affect that has, particularly on house prices. Royal LePage, Canada’s largest real estate company, tried […]
How to Secure Your Facebook Timeline That You Prefer
There’s a lot of buzz about the new Facebook Timeline feature. The new Facebook timeline makes your profile look a lot more newspaper-like and lets you take a look down memory lane in an instant. Before the addition of the Facebook Timeline, you could only visit your Facebook past by clicking the “older entries” […]