I hate to tell you but you should count on your assets going down when interest rates RISE. In my experience this is how it works. Interest rates go down-prices go up (liquidity). Interest rates go up-(tightening). Prices go down. QUOTE (JamesB @ Feb 16 2010, 08:29 AM) Yeah, I should have...

No, it says it WILL be part of Tuesdays announcement. QUOTE (GaryMcGowan @ Feb 15 2010, 11:42 PM) I would rephrase that to "it will kill speculators". Which on hand is a good thing. The side effect is it may slow the housing market down a bit if they decide to take it away from everyone. Not...

Another beautiful summary; David Murray MacLean says: November 11, 2009 at 9:51 PM I cannot quite wrap my mind around why the Competition Bureau feels that allowing members of the public to post their listings directly to the MLS (so called mere postings) will be what “solves” issues of...

So True: Don Lawby, president and COO of Century 21 Canada hit the nail on the head when he says “If organized real estate had stayed where it originally was designed to be – providing information and data between members and not dealing directly with the consumer – we wouldn’t be in this...

QUOTE (JamesB @ Feb 15 2010, 10:37 AM) No, I don`t think I have a problem, (Well, I work too much, and drive too fast, but I don`t think your talking about that) I do agree with your inference that it would not be smart for someone`s entire portfolio to be a 5% down buying bonanza. I have...

A beautiful summary; David Murray MacLean says: November 11, 2009 at 9:51 PM I cannot quite wrap my mind around why the Competition Bureau feels that allowing members of the public to post their listings directly to the MLS (so called mere postings) will be what “solves” issues of competition...

QUOTE (investmart @ Feb 14 2010, 01:23 AM) sorry Big issues with the analogy: - realtors do not own properties they sell as Marque correctly mentioned, the selling cars business owner does own his cars. monopoly risk with RE sys. - you are the only car seller in a 100km radius. want it to be a...

Stimulation is only a temporary strategy. It`s very plausible that we will return to 30 or 25 year amortizations. Keeping low interest rates will be necessary if the BOC does not want the credit junkies to suffer withdrawl and so as to not have the Canadian dollar soar, as this will cause...

Sorry, but MLS belongs to me and the thousands of others that have eaned and paid for it. It is a service we have developed for the benefit of the public and the realtors. If you want to participate in the MLS service you are going to have to pay your dues like the rest of us. Otherwise you can...

I have been a full time real estate salesperson for 24 years. I have sold over 1000 homes at mostly full commission. I provide exceptional service and I earn my commission and am proud of what I do. I have Zero job security, everyday I start at Zero. Everyday I start the day unemployed more...

This is why paying down/off debt is a prudent strategy. It`s not the sexiest plan nowadays, since growing one`s personal debt has been the selfi-righteous trend for the past 10 years or so. Just because one hasn`t experienced rates rising significantly since investing in Real Estate does not...

Real Estate prices are established by supply and demand. Assuming prices will decline because of increased costs is purely speculative. Think about the doubling of land tranfer tax in Toronto.....prices still continue to increase. The provincial component of HST is 8% however prices on homes...

<br />In addition to all the above;<br /><br />A)most sellers don`t truly understand the MLS is the best exposure. They are simply happy if they get "what ;they want " and they will not know what they could have gotten until someone else sells for better.<br />B)some sellers do not want the...

We called around yesterday as a matter of fact. Many banks will do .50 to .75 basis above prime for secured LOC. FYI DUCA credit union will do up to $200k at prime. Many will noe give it in writing that they will lock it in at a given amount abvove Prime. DUCA will not however, at least over...

Yes, obviously one can do both. I have been successfully selling in the GTA. I sell 50-75 homes per year. To be successful, It`s more about sales!

QUOTE (Platinum @ Dec 10 2009, 10:40 PM) Buyer beware. Make sure the numbers make sense as a duplex just in case nosey neighbour decides on being a douche. Good luck. So....did you buy this duplex disguised as a triplex/fourplex with a problem history?

QUOTE (bizaro86 @ Dec 22 2009, 05:33 PM) I bet it will be a drop of more than that after the tax takes effect. People are extremely deadline driven, and once that urgency is gone, many will exit the market. A perfect example is income taxes. I used to go to the post office every evening for...

CMHC reports mainly registered units. They have no way of accurately measuring/counting illegal rentals, privately rented conos, flats, single family homes. Having said that, if they report year over year increases in vacancies,then it signifies the trend. I think it`s ironic that most real...

I don`t get it. Are you experiencing a bear market?

I like to buy my base, pay it off and live off the income. Buy quality and hold.