Sean Kavanagh - Blog - Sean Kavanagh

Recent Blog Posts by Sean Kavanagh
To Buy or Not To Buy.....There is NO Question! Buying a home today...at today’s prices, would have a home owner paying less per month than if that home owner bought a home 25 years ago...at 1987 prices! I was recently at a real estate symposium and we were discussing the affordability of homeownership in today’s market. We were talking about current purchase prices vs. historic low interest rates and it took us back to a time when ... Posted by Sean Kavanagh on April 23, 2012		More
Global Market Mayhem May Keep Interest Rates Low. Bank of Canada Governor Mark Carney’s plans to raise interest rates this fall have been put on hold as a result of the continued financial struggles in both the U.S. and Europe. It was originally believed that the bank would be raising rates this September, but recent indications suggest that we could be looking at rates dropping again before we begin to see increases. Home owners concerned ... Posted by Sean Kavanagh on August 17, 2011		More
May Market Update - House Sales Drop, But Prices Remain High! Canada's real estate market is recovering, though it's not all the way back, according to the Canadian Real Estate Association (CREA). But don't expect falling sales to be reflected in the price you pay. CREA notes that, in spite of fewer homes changing hands, Canada's average house price will rise four per cent to $352,500 per unit this year, and should jump to nearly $356,000 in 2012. ... Posted by Sean Kavanagh on May 13, 2011		More
See what another satisfied client had to say! "Sean handled 3 real estate transactions for my business and my family in a period of 2 months. He was an advisor, an expert and a friend all wrapped up in one person. He negotiated our two purchases with acumen of an old hand, and when it came to selling our home, he displayed rare perseverance and negotiating skills. I am glad I have had the opportunity to experience atypical real estate deals ... Posted by Sean Kavanagh on November 5, 2010		More
Open House Today! - Come see this great home between 2pm and 4pm today! Come by and visit this great home at 2216 Norfolk Drive in Oakville between 2 and 4 today. This beautifully maintained 4 bedroom home is located on a quiet street in the family friendly River Oaks area of Oakville. The spacious front foyer leads you to the large living and dining area. Kitchen offers loads of cabinetry and countertop space with lovely views of the landscaped backyard. ... Posted by Sean Kavanagh on October 17, 2010		More
JUST REDUCED! - Great Oakville Home Priced to Sell - $554,900 This beautifully maintained 4 bedroom home is located on a quiet street in the family friendly River Oaks area of Oakville. The spacious front foyer leads you to the large living and dining area. Kitchen offers loads of cabinetry and countertop space with lovely views of the landscaped backyard. From the kitchen, walk out to the back deck which has a retractable awning to protect you ... Posted by Sean Kavanagh on October 14, 2010		More
Open House: Sunday September 26 - 2pm-4pm Come by and visit this great home at 2216 Norfolk Drive in Oakville between 2 and 4 today. This beautifully maintained 4 bedroom home is located on a quiet street in the family friendly River Oaks area of Oakville. The spacious front foyer leads you to the large living and dining area. Kitchen offers loads of cabinetry and countertop space with lovely views of the landscaped backyard. ... Posted by Sean Kavanagh on September 26, 2010		More
Let's Murder Your Mortgage Have you ever thought about paying off your mortgage quicker? Have you ever had some money you wanted to invest, but just didn’t know where to put your money? Bumping up your mortgage payment can save you a fortune over the years ahead. Consider our happy newlyweds Dick and Jane. They live in Burlington, Ontario in a three-bedroom, two-storey home. They owe $200,000 on their mortgage ... Posted by Sean Kavanagh on September 29, 2009		More
A Checklist: Buyers Beware! One of the biggest mistakes a first time buyer, or any buyer for that matter, can make when purchasing a home, is to get too emotionally involved in the home before proper research has been conducted on the property and surrounding area. Here is a checklist of items to be considered before you put pen to paper on an agreement of purchase and sale. 1) Houses older than 40 years may have aluminum, ... Posted by Sean Kavanagh on June 2, 2009		More
Interest Rate Watch – May 15, 2009 Term Rate 6 Months 4.25% 1 Year 2.90% 2 Years 2.85% 3 Years 3.05% 4 Years 3.59% 5 Years 3.59% 7 Years 4.95% 10 Years ... Posted by Sean Kavanagh on May 15, 2009		More
Oakville Real Estate Market Report - April 2009 Oakville, Ontario: If you were ever looking for the right time to buy in Oakville, don't wait any longer as now is the time. With record low interest rates, large inventory of houses on the market and stabalizing prices, you might not want to miss out on the great opportunities to buy your Oakville dream property. Average housing prices in Oakville are gradually catching up to the prices of ... Posted by Sean Kavanagh on May 14, 2009		More
Renters deciding it is time to jump on the property ladder First-time homebuyers are being lured into the real-estate market by falling prices, lower interest rates, more selection and new government tax credit incentives. Century 21 Miller Real Estate in Oakville, Ontario has reported that sales were up in February, after a terrible January, driven by more first-time buyers entering the market. Many renters are deciding to stop paying the landlord's mortgage ... Posted by Sean Kavanagh on March 31, 2009		More
Get the Government to pay you....for a change! It is almost Spring time and everyone is itching to get a kick start on their home renovations, but given the current economic situation some of us are hesitant to open up our wallets to dish out those big chunks of change! The Government is now offering a 15% rebate on all home renovations between January 27, 2009 and February 1st, 2010. While the Government foots the bill for a portion of the renovations, ... Posted by Sean Kavanagh on March 27, 2009		More
Home Renos That Pay Off On the heels of the Government unveiling their 15% income tax credit for home renovations, I thought I would send you some information on the three areas of your home where renovations will really pay off when you want to add value to your home. The Kitchen: The kitchen is the best place to put your money, hands down. According to the Appraisal Institute of Canada, the average amount home-owners ... Posted by Sean Kavanagh on March 27, 2009		More
Interest Rate Watch - How Low Can They Go? Interest Rate Watch - March 21, 2009 6 Months 5.00% 1 Year 3.25% 2 Years 3.79% 3 Years 3.99% 4 Years 3.94% 5 Years 3.99% 7 Years 4.95% 10 Years 5.25% Prime 2.50% Variable 3.30% Let me ... Posted by Sean Kavanagh on March 21, 2009		More
Alton Village Corner Lot Freehold Beauty! Open house at 4886 Verdi Street in Burlington on Sunday March 22th between 2:00pm and 4:00pm. Upscale Alton Village corner lot beauty with 1900 ft2 of living space. 3 bedroom + Den and 2.5 bathrooms. Oversized Master bedroom with ensuite including Jacuzzi tub, separate shower and large walk-in closet. Eat-in kitchen with walkout to the fenced in yard. Separate dining room, bedroom level laundry ... Posted by Sean Kavanagh on March 18, 2009		More
Halton - The Safest Place to Live in Canada Have you been looking for a safe place to buy a house to raise your kids? Have you been looking to retire in a community you will feel most comfortable living in? Are you thinking of purchasing in an area where everyone wants to live. Halton region is your best choice. According to Maclean's magazine's 2009 ranking of crime in Canada, for the second year in a row, Halton was named the safest ... Posted by Sean Kavanagh on March 11, 2009		More
Variable vs. Fixed Rates Bargain basement borrowing costs are prompting many Canadians to opt for fixed mortgages even though variable products continue to be a money-winning option for the foreseeable future, industry observers say. Canadian Imperial Bank of Commerce's chief economist Benjamin Tal says variable rate mortgages should produce the greater benefit for the next two to 2.5 years, but be a wash over five years. ... Posted by Sean Kavanagh on March 10, 2009		More
Owners and Buyers Get a Boost from Canada's New Budget Canada's housing industry is thrilled with the government's new budget, which provides up to $7.8 billion in tax relief and funding for everything from home renovations to housing for low-income seniors. From First Nations housing to first-time buyers' incentives, there's something for almost everyone. The Conservative government came through on its election promise to help first-time buyers with ... Posted by Sean Kavanagh on March 7, 2009		More
Interest Rate Watch - February 27 Term Rate 6 Months 5.00% 1 Year 3.90% 2 Years 3.90% 3 Years 4.00% 4 Years 4.09% 5 Years 4.19% 7 Years 5.70% 10 Years 6.05% Prime 3.00% ... Posted by Sean Kavanagh on February 28, 2009		More
Staging is the secret to selling your home "Sean was able to list our property, show it to multiple parties, and sell it for what we wanted - in 36 days, over the Christmas holidays, and while we were on our honeymoon!" - Brent Fraser. The above excerpt was taken from a testimonial of a client that recently benefitted from a professional home staging consultation. If you are thinking of selling your property and want to ensure it gets sold ... Posted by Sean Kavanagh on February 20, 2009		More
Market Watch - February Market Watch 2,670 Resale Housing Transactions in January Toronto Real Estate Board Members reported 2,670 sales in January from the 5,075 sales reported in the first month of 2008. Of these, 1,106 transactions took place in the City of Toronto compared to 2,128 in January 2008. In the surrounding "905" area, 1,564 sales were recorded, from 2,947 last year. The GTA housing market has not been ... Posted by Sean Kavanagh on February 17, 2009		More
Interest Rate Watch - February Interest Rate Watch as of Friday, February 14, 2009 Term Rate 6 Months 5.20% 1 Year 3.89% 2 Years 3.99% 3 Years 3.75% 4 Years 4.19% 5 Years 4.19% 7 Years 5.90% 10 Years 6.35% ... Posted by Sean Kavanagh on February 17, 2009		More
Renovate and your government will pay! If you're thinking about that refurbished kitchen, or putting in an extra bathroom or a new deck, now is the time to act, because your friends in Ottawa want to help with the bills! The recent federal budget offered a new renovation tax credit of up to $1,350 toward a wide variety of home improvements, from a new roof to a new lawn. The one-year program, which is forecast to cost the federal government ... Posted by Sean Kavanagh on February 3, 2009		More
$30 Billion Government Stimulus Package Should Help! The government continues to lower its borrowing rates to stimulate the economy, but we can only expect an upturn once we start spending, according to Benjamin Tal, senior economist for CIBC. The public, however, isn't spending because of their fears in the economy. It appears we are now caught up in the old classic chicken and egg scenario! We don't spend due to the economy, but the economy won't ... Posted by Sean Kavanagh on January 28, 2009		More

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