Most Condo Owners Unaware of what Home Insurance Covers
Home insurance is pretty easy when you live in a single-family home. You need insurance for any disaster that could strike your home, for major repairs such as roofing that you may need to cover, and you need to protect your home from things like theft. But what about when you live in a condo?…
Read moreDo You Agree with the Montreal Real Estate Board?
A problem has arisen in Quebec, and it once again has many in the province talking about separating. This time, from the Canadian Real Estate Association, the agency that fills us in on what home sales around the country are doing and continues to keep its eye on the national housing market. But if the…
Read moreWhy did the Tories Delay Implementation of the New Home Warranty?
There’s been a change to the New Home Buyer Protection Act, and it has some Canadians raging against the Conservative government. It all started months ago, when changes were made to the Act to help better protect new homeowners, and to ensure that proper warranties were set in place for not just a year, but…
Read moreBank Forecasts Doom, Brokers Aren’t so Sure
Scotiabank has recently come out with a new forecast, saying that the housing market is going to be slow in 2014. This, they say, will be due to factors such as rising interest rates and low housing starts, but at least one broker isn’t so sure that their forecast represents reality. The bank did point…
Read moreCalgary Case Sheds Light on just how Creative Rogue Tenants can Be
Just yesterday we talked about how the big banks are making changes to mortgage applications for income properties. Today though, we look at another problem – rogue tenants, and how landlords can help protect themselves against them. The current case is taking place in Calgary. When Rebekah Caverhill needed to rent out half of her…
Read moreDon’t Worry about Those Condos, They’re not Hurting the Market Any
Even with home sales being up (sometimes drastically) for the past several months, and even in some of Canada’s hottest markets, experts are telling the Canadian people not to worry about all those condos filling our skies. Although Genworth Canada and the Conference Board of Canada both say that sales may drop slightly this year,…
Read moreHome Sales Churn on in August
Well lookie-loo all you naysayers! Not only were home sales up in July, after many predicted that the market was to crash and burn right around the same time, but a new report from the Canadian Real Estate Association also shows that they were up in August too! On a month-over-month basis, home sales in…
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