Constantine Isslamow - Blog - Constantine Isslamow

Recent Blog Posts by Constantine Isslamow
The target for the overnight rate The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate. The overnight rate is the interest rate at which major financial institutions borrow and lend one-day (or "overnight") funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the ... Posted by Constantine Isslamow on June 30, 2009		More
Mortgage rates to remain stable Mortgage rates are expected to remain within 25 to 75 basis points of their current level for the remainder of 2009 according to CMHC's second quarter Housing Market Outlook, keeping them very low in a historical context. Rates are expected to remain steady this year and edge higher in 2010. I hope you find this information useful. Thanks for stopping by. Constantine Isslamow Broker/Manager Posted by Constantine Isslamow on June 27, 2009		More
Home sales on the rise The Canadian Real Estate Association (CREA) reported an 11.2 per cent increase in existing home sales from March to April, making the third monthly rise in sales in a row. With the recent release of sales numbers, the CREA revised its previous forecast for the housing market, saying sales will come in at 370,500 for 2009 instead of 360,900. I continue to see more activity in the lower end ... Posted by Constantine Isslamow on June 27, 2009		More
U.S. Federal Reserve leaves rates unchanged; says recession easing The U.S. Federal Reserve says the recession is easing, but economic weakness will keep lid on inflation; key bank lending rates unchanged at zero to 0.25 per cent. I hope you find this information useful. Thanks for stopping by. Constantine Isslamow Broker/Manager Posted by Constantine Isslamow on June 24, 2009		More
Getting Your House in Tip-Top Shape to Sell With the summer selling season now here, what can sellers do to maximize the chances of selling their home in a challenging market? Hiring a qualified real estate agent and setting the right listing price are the first steps to selling your home quickly. But there are other things you can do to help differentiate your home from the competition and attract potential buyers. Curb appeal. You don't ... Posted by Constantine Isslamow on June 18, 2009		More
First-time Buyers Increase Their Use of Mortgage Brokers Survey results show that during the past twelve months about one-quarter of all mortgage transactions were arranged through the mortgage broker channel. Most notably, broker share among first-time buyers has increased to 44%, up from 35% in 2007. Among other market segments broker share has remained stable. In particular, broker share among those renewing their mortgage continues be relatively stable ... Posted by Constantine Isslamow on June 18, 2009		More
Inflation rate drops to 0.1 per cent in May Canada's annual inflation rate dipped to 0.1 per cent in May from 0.4 per cent in April, according to Statistics Canada. I hope you find this information useful. Thanks for stopping by. Constantine Isslamow Broker/Manager Posted by Constantine Isslamow on June 18, 2009		More
Crystal Edwards completes CREATE 21 training program FOR IMMEDIATE RELEASE: ... Posted by Constantine Isslamow on June 16, 2009		More
Average Rate for June since 1951 The chart below shows the average interest rate for the month of June each year since 1951. The average of all these rates is 9.08% up to 2008. (shown in last column) 2009 is not included in the chart I hope you find this information useful. Thanks for stopping by. Constantine Isslamow Broker/Manager Source: First National Posted by Constantine Isslamow on June 16, 2009		More
Battle of the Internet. According to the NAR 2008 Profile of Home Buyers and Sellers, 87% of buyers used the internet to search for properties. Wondering how our office stacked up with other Real Estate Brokerages within our trading area, we clearly have the competition beat with the content of our website. Check out our office website at www.goldpost.com Looking how our corporate website stacks up against other Brokerages, ... Posted by Constantine Isslamow on June 15, 2009		More
Average House Prices by Province April 2009 Average House Prices by Province Apr 2009 Apr 2008 Apr 2007 National $306,366 $317,619 $305,542 Yukon $271,791 $318,406 $250,255 Northwest Territories $342,515 $352,555 $328,904 British Columbia $449,371 $478,044 $431,909 Alberta $329,328 ... Posted by Constantine Isslamow on June 15, 2009		More
Average House Prices by CIty, April 2009 Average House Prices by City Apr 2009 Apr 2008 Apr 2007 Yellowknife $342,515 $352,555 $328,904 Vancouver $565,003 $615,304 $564,375 Victoria $455,143 $494,204 $568,710 Edmonton $312,127 $336,931 $343,922 Calgary $371,995 $414,006 $420,807 ... Posted by Constantine Isslamow on June 15, 2009		More
Nationwide Buidling Permits April 2009 Nationwide Building Permits - April 2009 Residential $2,303,549,000 Commercial $2,023,945,000 Total $4,327,494,000 I hope you find this information useful. Thanks for stopping by. Constantine Isslamow Broker/Manager Source: Stats Canada - preliminary figures Posted by Constantine Isslamow on June 15, 2009		More
Mortgage Rates Effective June 12, 2009 GET THE MORTGAGE THAT MEETS YOUR NEEDS With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE! Posted Rate % Best Rate % 1-year ... Posted by Constantine Isslamow on June 12, 2009		More
Spring 2009 Peterborough housing market: Spring 2009 Peterborough housing market: Average prices have little relevance to your home Let's face it, nobody wants to be average. It's the terrain of the unremarkable-the realm of the safe middle ground. But while "average" is by its very definition nothing to brag about, it does have its place in our world. It shows us the big picture. It reminds us where we stand, right? Well, to a point. ... Posted by Constantine Isslamow on June 11, 2009		More
Mortgage Rates Effective June 10, 2009 GET THE MORTGAGE THAT MEETS YOUR NEEDS With unbiased advice, fast, flexible service, competitive rates, and access to many lending sources, I can make sure you get the mortgage that meets YOUR needs. Call me today and SAVE! Posted Rate % Best Rate % 1-year ... Posted by Constantine Isslamow on June 10, 2009		More
Bond Rates Increase Yet Again. The bond is up again and there is pressure for rates to increase. Click on the link below for a live update. As of 16:29 today it has increased another 14.3 bps. Refer to the Bank of Canada chart below for Friday's close. V39053: Government of Canada benchmark bond yields, 5 year Low 28/04/2009 1.97 Average 28/04/2009 - 05/06/2009 ... Posted by Constantine Isslamow on June 8, 2009		More
Bank of Canda Holds Interest Rates Steady The Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on June 4th, 2009. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 0.5 per cent. The Bank indicated that economic and inflation outlooks are unfolding largely as it expected when it last cut its benchmark interest rate on April 21st, 2009. ... Posted by Constantine Isslamow on June 8, 2009		More
MAY 2009 REAL ESTATE TREND INDICATOR CITY OF PETERBOROUGH SUB-DISTRICT 1-5 SINGLE FAMILY HOMES Residential Unit Sales Number of Bedrooms Active Listings Price Class 2 or Less 3 4 or More Price Class 2 or Less 3 4 or More Under $100,000 0 0 0 Under $100,000 2 0 0 $100,000 - 149,999 1 7 0 $100,000 ... Posted by Constantine Isslamow on June 6, 2009		More
REAL ESTATE MARKET UPDATE Peterborough and The Kawarthas Number of Units Sold by Price, Average Days on Market and Sale to List% January 1, 2009 - May 31, 2009 Price Units Sold Average Days Sale to List % <30,000 0 0 0 30000-39999 1 98 80 40000-49999 2 68 76 50000-59999 0 0 ... Posted by Constantine Isslamow on June 6, 2009		More
May Statistic Report Peterborough and The Kawarthas Association of REALTORS® Inc. MLS ® Statistic Report Residential(single family) Activity by Area [MAY 2009 ] 2009 Listings Sales Sales/Listings Ratio Average Sale Price Area Month YTD Month YTD Month YTD Month 12 Month ... Posted by Constantine Isslamow on June 6, 2009		More
StatsCan releases May's jobless rate Canada's unemployment rate rose to 8.4 per cent in May from eight per cent the previous month. The economy shed 42,000 jobs. Posted by Constantine Isslamow on June 5, 2009		More

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