Aug 18 Press Release
To view the full Market Report and to see what the July 2014 sales statistics were for the various areas serviced by the Realtors Association of Hamilton Burlington click for more...
Jul 9 Press Release
Highlights from the June Market Report provided by RAHB are as follows:
To view the full Market Report and to see what the June 2014 sales statistics were for the various areas serviced by the Realtors Association of Hamilton Burlington click for ...more.
Jun 27 Re/Max in the news
RE/MAX released is 2014 Recreational Property Report today, and it looks like the recreational real estate market is showing healthy activity, which should lead to 'modest increases in sales and prices in most markets through the rest of the year'. Each local market is has its own subtle differences and unique attractions, and RE/MAX has covered them all from coast to coast! Properties particularly within a two hour drive of a large city centre are particularly attractive, as the hot residential market has allowed owners to gain equity via their primary residences, allowing them the freedom to purchase a second, recreational home. Read the full Re/Max Recreational Property Report 2014 report for both the broad national trends, and the local trends in your province.
Jun 24 Buying a Home
If you have less than 20% as a downpayment for your home purchase your mortgage is referred to as a "High-Ratio" mortgage. A High- Ratio mortgage must be insured in Canada. The Canadian Mortgage and Housing Corporation (CMHC) and Genworth Financial both provide this type insurance. The cost for mortgage insurance is based on the percentage amount of your downpayment and the purchase price of your home. Click to calculate the premium of a CMHC insured mortgage. If you are fortunate enough to have 20% or more of a downpayment, you have what is referred to as a "Conventional" Mortgage and you are not required to insure the mortgage.
For more information, on Home Buying, visit CMHC's website.