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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Posted in Real estate

18 Auburn Glen Drive SE, Calgary, Alberta

August 17th, 2013
I just finished uploading this House for sale, 18 Auburn Glen Drive SE, Calgary, Alberta Enjoy this sought after 4 season lake community! As you enter this bright Cardel home, you will find a large flex room that takes you to a dream kitchen, w/oversize granite countertop, stainless steel appliances, dark cabinets and a walk-in pantry. Enjoy your morning coffee in your extra large nook facin ...
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Posted in Listings

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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Posted in Real estate

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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Posted in Real estate

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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Posted in Real estate

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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Posted in Real estate

Debt ratio standards

July 6th, 2013
  Stricter Debt Ratio Standards on the Way http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2013/07/debt-ratio-calculations-to-get-stricter-on-insured-mortgages.html If you’re a typical borrower, your debt ratios will largely determine if you’re approved for a mortgage. For applicants who push the limits of qualification, those approvals have been tougher to come b ...
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Posted in Mortgages

RISING INTEREST RATES DILEMMA

July 5th, 2013
Rising rates creating increasing dilemma for homeowners Garry Marr | 13/07/02 | Last Updated: 13/07/02 5:34 PM ET http://business.financialpost.com/2013/07/02/rising-rates-creating-increasing-dilemma-for-homeowners/?__lsa=2e04-4f9e The interest rate dilemma has arrived again for homeowners. What once was a no-brainer decision, locking in your mortgage rate for five years or even ...
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Posted in Mortgages

CANADA HOUSEHOLD DEBT RATIO

June 26th, 2013
  Canada Household Debt Ratio Falls for Second Time From Record By Theophilos Argitis - Jun 20, 2013 8:30 AM ET   The ratio of Canadian household debt to disposable income fell for a second quarter after reaching a record last year, suggesting consumers are heeding warnings about the risks of too much borrowing. Credit-market debt such as mortgages fell to 161.8 percent of dis ...
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Posted in General

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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Posted in Real estate

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