Blog by DOINA BIOLAN B.Comm

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CANADIAN HOUSING STARTS TO BE LOWER

August 19th, 2013
  Canadian housing starts to be lower OTTAWA Total Canadian housing starts are expected to be lower in 2013 compared to 2012, mostly due to moderation observed in the first half of 2013, reports theCanada Mortgage and Housing Corporation (CMHC). Housing starts are expected to stabilize in the second half of 2013 before increasing modestly in 2014 as employment, economic growth and ...
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MORTGAGE RATES STABILITY

July 22nd, 2013
  Canada Mortgage Rates Might See Period of Stability as Home Sales Strengthen   U.S. Fed Chairman Ben Bernanke reminded markets last week in his “tapering is not tightening” remarks that the U.S. economy needs ongoing highly stimulative policy and that rate hikes will not automatically begin when the jobless rate hits 6.5 percent. The U.S. 10-year bond yield has come down from the ...
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Buying a house:why the numbers 4,13 and 8 matter

July 17th, 2013
  Buying a house: Why the numbers 4, 13 and 8 matter Numbers mean different things in some cultures. The wrong one can lower a home’s value by up to $35,000. By: Mark Weisleder Real Estate, Special to the Star, Published on Sun Jul 14 2013 http://www.thestar.com/business/personal_finance/2013/07/14/real_estate_and_numbers_why_four_13_and_eight_matter.html What is it about the num ...
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TESTIMONIAL FROM EVA AND MARIUS ZEKANY

July 16th, 2013
Doina we wanted to thank you for your professionalism , thank you for a job well done in helping us buy our first home in Calgary! Your excellent service, frequent communication, professionalism, dependability and negotiation skills made the process so much easier for us. We knew instantly that we had selected the right Realtor! We were so pleased that every phone call to answer our ...
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Home prices

July 15th, 2013
Home prices suffer smallest annual increase since 2009: Teranet Bloomberg News | 13/07/12 | Last Updated: 13/07/12 10:52 AM ET Canadian home resale prices advanced at the slowest pace in almost four years last month led by a decline in Vancouver, according to the Teranet-National Bank Composite House Price Index. Prices across 11 cities rose 1.8% in June from a year ago, National B ...
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HOMES SALES BOUNCE BACK

June 26th, 2013
  Home sales bounce back, but a rate test lies ahead TARA PERKINS - REAL ESTATE REPORTER The Globe and Mail Published Monday, Jun. 17 2013, 9:24 AM EDT Last updated Monday, Jun. 17 2013, 7:43 PM EDT   Recovering home sales and stable prices are causing some analysts to declare that the housing market will avoid a hard landing. But the market has yet to face its biggest tests – h ...
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hOIME RENO'S DO'S AND DONT'S

May 21st, 2013
  The five most important things to know before you reno By Noel Hulsman | GoldenGirlFinance.com – Fri, 17 May, 2013 4:29 PM EDT Home renovations rarely go as planned. The job always takes longer, costs more and makes you waaay crazier than your HGTV-fueled dreams can ever account for. Maybe that explains why, according to a recent TD poll, many homeowners forget one very important t ...
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UPDATING YOUR HOME

May 1st, 2013
  Updating your home means updating your insurance policy Christina Pellegrini FP When you add an extension to your home, install new security devices or replace your weathered roof, your insurance policy may also need a makeover. A new TD Insurance poll suggests that the majority of Canadian homeowners don’t disclose home improvements their insurer, even though it could mean a redu ...
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House prices up 2%

April 17th, 2013
New house prices advance 0.2 per cent in February  OTTAWA — The Canadian Press                        Published Thursday, Apr. 11 2013, 9:01 AM EDT Statistics Canada says its new housing price index rose 0.2 per cent in February, following a 0.1-per-cent increase in January. The agency says Calgary was the top contributor to the advance, up 1 per cent from January – the biggest ...
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FORMER GROW OPS

January 9th, 2013
Trying to get a mortgage approval for a former grow op might be a challenge nowadays. Most lenders have pulled out of this "market", as the risks of having such property on their balance sheet is to big. First of all, the stigma of a former grow op will always "follow". Secondly, the law requires that whenever you sell or rent the property in the future, you have to disclosure that it wa ...
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