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  This article is called Mortgage rates are dropping – so how much house can you handle? It was written by Jamie Sturgeon and appeared on the Global News website. It was published on January 29, 2015. This article discusses about many banks have finally lowered their interest rates on home mortgages due to Bank of Canada’s rate cut last week. Large banks are offering fixed-rate mortgages as little as 2.84 per cent whereas; small banks are offering fixed-rate loans as low as 2.69 per cent. Experts say lower mortgage rates will trigger more home-buying this spring 2015.   Sturgeon, J. (2015). Mortgage rates are dropping - so how much house can you handle? Retrieved from Global News: http://globalnews.ca/news/1800405/mortgage-rates-are-dropping-so-how-much-house-can-you-handle/              

  This article is called Micro-condos promoted as ‘affordable luxury’ real estate in Surrey. It was posted and appeared on the CBC News website. It was published on Monday, January 26, 2015.   This article discusses about small mico-condos suites are being sold in Vancouver now and how they are affordable. The price being offered for these condos are close to 94K. These micro-condos are made for bachelor or single people. These suites were to build by using the volume of space not the square footage of space.   Mico-condos promoted as 'affordable luxury' real estate in Surrey . (2015). Retrieved from CBC News: http://www.cbc.ca/news/canada/british-columbia/micro-condos-promoted-as-affordable-luxury-real-estate-in-surrey-1.2932464    

  This article is called Looking to buy or sell a home in 2015? Here’s what you should know. It was posted and appeared on the Today website. It was published on Wednesday, January 6, 2015.   This article discusses about what you should know before you buy or sell a home.     What to do before you sell: ·          Become a real seller ·          Hire the right agent ·          Price it right ·          Depersonalize ·          First impressions count ·          Always be ready to show ·          Don’t upgrade ·          Kitchens sell ·          Showcase the amount of space you have ·          Light it up so     What to do before you buy: ·          Check the school district ·          Visit the home at different times of the day ·          See the storage ·          Ignore the paint ·          Get home inspection ·          Check for red flags   Reference: Looking to bu

  This article is called RE/MAX Ranks as Top Real Estate Franchise. It was written by Mike Wheatley and appeared on the Realty Biz website. It was published on January 21, 2015. This article discusses about how Re/max is once again rank as the top real estate franchise to land on Entrepreneur Magazine’s 2015 Franchise 500 list for the third year in a row.   Entrepreneur Magazine ranks each industry franchise each year based on the following factors: ·          Financial strength ·          Stability ·          Growth rate ·          Size ·          Number of years in business ·          Length of time offering franchising opportunities ·          Start-up costs ·          Financial options   Re/max was ranked No.75 overall, beating other real estate agencies like HomeSmart International, Weichert Real Estate Affiliates Inc. and other real estate franchises. Re/max was also ranked top real estate in other categories

        This article is called Suburbs vs. downtown? Why transportation costs matter when buying a home . It was posted and appeared on the CTV News website. It was published on Wednesday, January 21, 2015.   This article discusses about many people who would rather live in the suburbs than downtown due to larger sizes of houses and affordable property prices. But commuting costs changes everything. According to the study done with the RBC, homebuyers in the GTA would rather live in walkable areas that are short distances to transit stations, work or places they need to go to. It is way cheaper than spending so much money on transportation costs commuting from the suburbs to the city and vice versa.     Reference:   Suburbs vs. downtown? Why transportation costs matter when buying a home . (2015). Retrieved from CTV News Toronto: http://toronto.ctvnews.ca/suburbs-vs-downtown-why-transportation-costs-matter-when-buying-a-home-1.2200044      

  This article is called Downtown condo rentals booming, as GTA records double-digit increases. It was posted by Susan Pigg and appeared on the Toronto Star website. It was published on January 12, 2015. This article discusses about the amount of condos being leased in the downtown Toronto core through MLS (Multiple listing service) website which broke a new record in 2014 according to the condo research firm Urbanation. This does not include other online rented websites. In 2014, about 22,765 condo units were rented throughout the GTA and up 15 per cent from 2013.     Reference:   Pigg, S. (2015). Downtown condo rentals booming, as GTA records double-digit increases . Retrieved from Toronto Star: http://www.thestar.com/business/2015/01/12/downtown_condo_rentals_booming_as_gta_records_doubledigit_increases.html#          

    This article is called how the Bank of Canada’s interest cut will affect mortgage rates. It was posted by The Canadian Press and appeared on the Maclean’s website. It was published on January 21, 2015. This article discusses about Bank of Canada’s surprise move on Wednesday  to cut its 1 per cent interest rate to 0.75 per cent in variable, floating and mortgage rates. Mortgage rates were supposed to increase later this year because of an improving economy but due to the low price of oil it has not. This can benefit both the consumer and businesses all of over Canada.   Reference: Press, T. C. (2015). How the Bank of Canada’s interest cut will affect mortgage rates . Retrieved from Maclean's: http://www.macleans.ca/economy/realestateeconomy/how-the-bank-of-canadas-interest-cut-will-affect-mortgage-rates/      

    This article is called Housing market on track for a soft landing in 2015 analyst predict. It was written by Tamsin McMahon and appeared on the Globe and Mail website. For Canada, the analyst predict that the housing market is advancing from the lower oil prices at gas stations because it will help with hiring and improve consumer confidence. The prices of houses went down 0.2 per cent for a second continuous month in December. The prices of houses usually go down during the winter season. The housing market in 2014 was successful when prices rose 4.9 per cent nationwide and this year prices are set to go down by 2.9 per cent slowly according to Royal LePage Ltd. The prices of oil lowering will benefit both the customer and businesses in Canada.  Reference: McMahon, T. (2015). Housing market on track for a soft landing in 2015, analyst predict . Retrieved from The Globe and Mail: http://www.theglobeandmail.com/report-on-business/home-price-gains-to-slow-this-yea

      This article is called Land Buying Tips. It was written by Elizabeth Weintraub and was published on About Home website. There is no doubt building your house on the land is cheaper and also has a sentimental attachment, it really worth the hassle? Country side land is always cheaper than the city and you have a chance to build your house according to your own specifications. Not to mention the clean air and more space is a plus. But, if there is a snow storm chances are you will be stuck there for days. Everything is miles away from countryside so make sure you are ready to take a drive. If you are sure that this is for you and ready to commit than make sure to check the zoning requirement, nearby smells and sound, natural hazards, elevation near hills, utilities, land appraisal.     Weintraub, E. (2015). Land Buying Tips . Retrieved from About Home: http://homebuying.about.com/od/secondhomes/qt/102507_buyland.htm    

January is the right time to sell! This article is called Is January the right time to sell your house?   It was written by Jude Clarke and appeared on the Cambridge News website.   January is definitely the right time to sell your house if you want to beat the spring competition. During the spring and summer the property market can be very demanding and competitive.   Marketing your house now can be a very smart move, mainly because when there is a lack of stock in the market your property will certainly stand out. Many people wait for the spring/summer to put their house onto the market but they can be missing out on potential buyers. It’s never too early to advertise if you are a motivated seller. January is all about thinking and planning in advance because it can turn into a positive outcome.   Clarke, J. (2015). Property: Is January the right time to sell your house? Retrieved from Cambridge News: http://www.cambridge-news.co.uk/Property-January-right-ti

        This article is called Canadian home prices drop in December. It was written by Andrea Hopkins and appeared on the Reuters website. In Canada, sales of current homes have dropped in December due to slower activity in the buying or selling of homes in Calgary and Edmonton because of the tumbling oil prices. The industry group for Canadian real estate agents said “generally the Canada sales were down 5.8 percent in November”. Despite that, overall the sales in Canada in December have risen up to 7.9 percent from December 2013. For the past 5 years, Canada’s housing markets have been running strong and will continue to with the smooth readings on the sales-to-new-listing ratio. This will keep the Canadian housing market stable according to the agency.   Hopkins, A. (2015, January 15). Canadian home prices drop in December . Retrieved from Reuters: http://www.reuters.com/article/2015/01/15/economy-canada-housing-idUSL1N0UU18H20150115