Tips for Buyers

What Advice From Your Real Estate Agent You Can and Cannot Rely on When Buying a Home

by Rosalin Smith Carr Tips for Buyers

I love the internet for all the wonderful tips and information I can find in a few minutes. The other day I ran into an article (see link below) where the author had very little good to say about dealing with a real estate …

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Globe and Mail Numbers About Toronto Real Estate Off as Much as 84%!

by Rosalin Smith Carr Tips for Buyers

This was much worse than a bad hair day for the Globe and Mail. Upon closer inspection of the figures the newspaper published on April 25, 2008, I now realize that the Globe’s numbers in some areas are so far off as to …

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Globe and Mail Housing Information About Toronto Real Estate Market Incorrect

by Rosalin Smith Carr Tips for Buyers

On April 25, 2008 the Globe and Mail featured a two page spread showing average prices of homes in most neighbourhoods in the Greater Toronto Area. The information was provided to the newspaper by Realosophy, a blog website dedicated to providing Toronto …

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Is the Toronto Real Estate Market About to Catch the U.S. Flu?

by Rosalin Smith Carr Tips for Buyers

All major Canadian banks cut their prime lending rate by 50 basis points yesterday after the Bank of Canada slashed its main rate by half a percentage point and warned that a serious economic slowdown was only just beginning and that Canada faces a tough …

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Toronto Home Sales Down But Prices Still Up

by Rosalin Smith Carr Tips for Buyers

Homes sales declined by a considerable 18 percent in Toronto during the first half of March, compared to the same period last year. Most of this decline has been blamed on the snowiest winter Toronto has seen since 1939. For many home buyers, …

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Will Interest Rate Cuts Fuel The Fires for Toronto Homebuyers

by Rosalin Smith Carr Tips for Buyers

Today the Bank of Canada announced it was slashing interest rates by half a percentage point to 3.5 per cent. The bank also signaled more rate cuts are likely as it seeks to protect the Canadian economy from a slowdown in the U.S. The cut is welcome news to Canadians hoping to buy a homes, as analysts anticipate a cut in mortgage interest rates also.

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