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Mortgage Rules Change In Canada
Beginning 15 October, the government of Canada will no longer guarantee a four-decade amortization with no down payment. The government announced this week that mortgages will be limited to 35 years, require a minimum five per cent down payment, and be federally insured for only 95 per cent of the value of the home. At [...]
Loft Real Estate Developments In Toronto
With large open spaces and huge ceilings, lofts have long been popular among artists for the area they offer in which to work. Toronto and other major metropolitan centres are seeing an increased demand for loft developments due to the convenience offered by a do-it-yourself, unrestricted space. Keep in mind when looking for lofts in [...]
Market Watch Summary Postcards
I have commissioned designer/illustrator ptoone to create a series of artistic Toronto art scenes for the cover of my new monthly market watch postcards. Each month will be a new image that has been hand painted exclusively for TheDowntownToronto.com. The data this month shows the dramatic increase in sales and average price per sale over [...]
Twitter Etiquette for Real Estate Professionals
Everyone uses the Internet these days for everything they do. Purchasing a home is not something to be taken lightly by any means. Real estate professionals are quickly learning how easy it is to maintain contact with buyers, investors and sellers via Twitter. No matter if they’re on their way to an open house or [...]
Maxwell Horner
