| Recent Blog Posts by Robert Atkinson | ||
Home prices set to plummet!Lately I"ve been asked by friends, family and even people I meet on the street who find out I"m in real estate, "I hear prices are going to drop by 25%. Prices are so high, it's about time."
My general response is the same. Yes, prices might drop by 25%, or they might go up even more! When we look at the information that is causing the prices to go up it really doesn't seem possible ...
Posted by Robert Atkinson
on August 10, 2011
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WOW...the government is helping first time home buyers even more!We all know about the goverments offer where qualified home buyers can use a generous portion of their RRSP money to buy a home but there is a 2nd program available.
The Home Buyers Tax Credit allows qualified home buyers to claim up to $750 in tax credit relief. While it may not sounds like a lot to many, this amount could potentially cover your legal fee's. I don't know about you ...
Posted by Robert Atkinson
on May 15, 2009
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Spring Market is HoppingBank of Canada dropped the prime lending rate 0.25% and the banks followed. Further assurances were given that the rates are expected to remain low into 2010.
Prices have become more affordable and we are seeing an increase in home sales above what is typical of the spring market. This means that 'serious' buyers are moving fast to scoop the better homes as soon as they hit the market, ...
Posted by Robert Atkinson
on April 23, 2009
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Budget 2009 - What's in it for me?2009 Budget Highlights
The government has given us a few items to help in our quest to improve our homes. The first one is nice in that you can save up to $1,350 on a wide variety of home improvements15% Home Renovation Tax Credit - Savings of up to $1,350 can be had on the first $10,000 of eligible expenses
The ecoENERGY Retrofit program provides home and property owners with grants of ...
Posted by Robert Atkinson
on January 29, 2009
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The 40 year mortgage is dead.As of October 15th, 2008 the government of Canada will no longer be guaranteeing 40 year mortgages in an effort to strengthen and protect the Canadian housing market. Some of the rule changes are:
Fixing the maximum amortization period for new government-backed mortgages to 35 years;
Requiring a minimum down payment of five per cent for new government-backed mortgages;
Establishing ...
Posted by Robert Atkinson
on September 19, 2008
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Help for the First Time Home BuyerBeing a first time home buyer is an exciting and somewhat intimidating process. If you scan the Internet you can find a wealth of information and you can spend hours upon hours reading it all. While this will make you a more informed person it may also make you feel more intimidated as there is a lot of risk that needs to be pointed out however, without risk there is no reward. Below ...
Posted by Robert Atkinson
on April 19, 2008
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