Posts Tagged ‘home buyers’
Home buyers demand smaller, smarter designs
Posted by: soconnor in New home builders, Real estate industry news on February 24th, 2010
The results of Better Homes and Gardens magazine’s Next Home Survey are in, and buyers have spoken.
Prospective new home buyers list energy-efficiency, organization and comfort as their top priorities in considering their next move. Demand for traditional McMansions appears to be waning as more and more people come to value intelligent design over wow factor.
“We continue to see a ‘cents and sensibilities’ approach when it comes to buying or improving a home, said Eliot Nusbaum, Better Homes and Gardens’ executive editor for home design. “Today’s homeowner is also looking for a home that fits the entire family—from a multi-tasking home office, to expanded storage space, to a living room that can adapt to advancements in home entertainment and technology.”
Go mad for Midnite Madness event
Posted by: soconnor in Builder events, First time home buyers, New Homes and Condos, New home builders on February 22nd, 2010
Check out the Toronto Star’s NewinHomes.com for all the information on this exciting sales event.
Builders working to reduce impact of HST on new home buyers
Posted by: soconnor in Finance & insurance, First time home buyers, New Homes and Condos, New home builders, Real estate industry news, Real estate market updates on February 19th, 2010
The controversial new HST rules have been causing quite a stir as their July 1, 2010 implementation date approaches, and nowhere is this more evident than in the realm of the biggest of big purchases, new home sales.
The good news for most Ontario homebuyers is that because of the way the tax is structured, there will be no significant increase in cost for new homes that are priced below $400,000.
Skylake Homes Presents Single Detached New Homes in Brampton: Only 25 Available
Posted by: soconnor in New Homes and Condos, New home opening, Skylake Homes on February 1st, 2010
Families looking for new homes in Brampton won’t want to miss out on new homes for sale in Ravenscliffe Court, an exciting Ontario new development being built by new home builder Skylake Homes.
Canada home prices may rise 10 per cent in 2010: report
Posted by: editors note in First time home buyers, New Homes and Condos, Real estate industry news, Real estate market updates on December 2nd, 2009
Canadian home-resale prices are likely rise in 2010 at an even faster pace than this year but a dangerous bubble probably won’t develop, TD Economics said in study published on Tuesday.
Genworth launches new video series designed to help educate homebuyers
Posted by: editors note in First time home buyers, Genworth Financial advice on November 19th, 2009
Genworth Mortgage Insurance Company Canada (”Genworth Financial Canada”) introduces a new video series designed to educate homebuyers about the buying process and how to achieve homeownership sooner.
New home sales up 113 per cent in September
Posted by: editors note in First time home buyers, Real estate industry news, Real estate market updates on October 23rd, 2009
New home sales surged 113 per cent in the Greater Toronto Area in September, with the high-rise condo market finally coming to life to join the rally in low-rise new home sales that began earlier this year, the Building Industry & Land Development Association announced today.
There were 3,883 new homes and condos sold in the GTA in September, according to RealNet Canada Inc., BILD’s official, independent source of new home market intelligence.
Canadians remain passionate about homeownership, Genworth
Posted by: editors note in First time home buyers, Genworth Financial advice, Real estate industry news on October 22nd, 2009
The desire for homeownership is alive and well in Canada, with many Canadians willing to go to great lengths for it. According to the Genworth Mortgage Insurance Company Canada (”Genworth Financial Canada”) First-Time Homebuyer’s Monitor released today, 68 per cent of renters said they would be willing to delay major purchases and more than half would give up vacations in order to own their own home.
Renovation tax credit boosts home improvement projects in Canada: RBC survey
Posted by: editors note in Home decor, Home improvement tips, Real estate industry news, Real estate market updates on October 22nd, 2009
A majority (63 per cent) of Canadian renovators plan to take advantage of the federal government’s home renovation tax credit this year and close to half (47 per cent) have done more renovations because of the tax break, according to a new RBC study.
AFFORDABILITY AND JOB SECURITY MOST IMPORTANT FACTORS FOR FIRST-TIME HOMEBUYERS
Posted by: editors note in First time home buyers, Real estate industry news, Real estate market updates, Resale homes on October 5th, 2009
Canadians who are considering purchasing their first home are primarily motivated by lower home prices and very low interest rates, but some require confidence in the economy and their employment prospects before they will enter the market, according to a report released by Royal LePage Real Estate Services.
Eighty-six per cent of potential first-time buyers say low interest rates make them more likely to purchase a home; 81 per cent cite lower housing prices as a motivating factor; while 76 per cent cite job security and 64 per cent say a stable economy is an important factor in their decision to buy.
Arista Homes launches new semis – sold out in 5 hours!
Posted by: pmdesign in Arista Homes, New Homes and Condos on September 22nd, 2009
Markham, September 12/09: Arista Homes announced this week that their new release of 48 semi-detached homes released on Saturday, Sept 12th sold out in under 5 hours.
Arista attributes the quick sell-out to great pricing and a highly desirable location.
This is good news for the hundreds of existing homeowners in the community: they’ve made a great investment in one of the GTA’s best neighbourhoods.
August new home sales up 62 per cent
Posted by: editors note in First time home buyers, Real estate industry news, Real estate market updates on September 22nd, 2009
CNW-Sales of new high-rise condominium suites stabilized in August while sales of new low-rise (single-detached, semi-detached and town-homes) homes spiked by a dramatic 163 per cent, resulting in a 62 per cent increase in total new home sales, August over August, the Building Industry & Land Development Association (BILD) revealed today.
According to RealNet Canada Inc., there were 3,074 new homes and condos sold in the Greater Toronto Area in August, 2009. Monthly high-rise sales were up for the first time this year, albeit very modestly, while low-rise unit sales continued on the exceedingly hot pace of the last several months.
Avoid home upgrading mistakes
Posted by: editors note in Home improvement tips, New Homes and Condos, Selling your home on September 15th, 2009
More and more homeowners are upgrading their properties with an eye to sell quickly and for top dollar. “Today’s buyers are attracted to move-in ready homes – especially those who lead hectic lives and are accustomed to upgrades. The days of buying a home to fix up have faded,” explains Greater Toronto Area realtor, Jackie Peifer.
Staging helps sell your home
Posted by: editors note in Home improvement tips, Resale homes, Selling your home on September 15th, 2009
Before listing, consider staging your home to give it a competitive advantage.
“Homes that present as move-in ready have strong buyer appeal in today’s market,” explains Jackie Peifer, a realtor with 20 years experience. “These properties sell more quickly which helps protect them from price reductions.”
How to buy a new home!
Posted by: admin in Arista Homes, First time home buyers on August 12th, 2009
Is your income at risk? Your home doesn’t have to be
Posted by: editors note in Finance & insurance, First time home buyers, Genworth Financial advice, Mortgage questions, New Homes and Condos, Real estate industry news on August 6th, 2009
When life delivers an unexpected blow – like a serious illness, a marital separation or loss of employment – it can be difficult to stay on track. Sometimes, it can even put your ability to make your mortgage payments at serious risk.
Arista Homes launches semi’s perfect for first timers – register today
Posted by: pmdesign in Arista Homes, First time home buyers, New Homes and Condos, New home opening on July 29th, 2009
Markham, ON – July 27/09
Arista Homes is now taking pre-registrations for their limited release of semi detached homes at Boxgrove starting at $289,990. This established community is home to a collection of large detached homes as well, and features parks, playgrounds and shopping / living amenities and is close to the 407, 404 and downtown Markham.
The price and great location will make this release sell out fast. Pre-register to ensure you get a preview opportunity to see our new homes, before they’re all gone!
What’s in the area:
Grand Opening in North York Toronto
Posted by: admin in New home builders, New home opening, Tridel on July 13th, 2009
Condominiums. Shopping. Offices. Subway Access.
Hullmark Centre is a signature condominum development rising at the intersection of Yonge and Sheppard, featuring a prime office component, premium retail fronting onto a vibrant public plaza, and the tallest and most prestigious condominium towers to grace the North York skyline. Served by direct indoor access to both the Yonge and Sheppard subway stations, this is the most important corner and address in North York – a destination, a hub and a meeting place destined to become a defining landmark.
Genworth study reveals there’s no place like home
Posted by: editors note in First time home buyers, Genworth Financial advice, Real estate industry news on June 24th, 2009
The housing market may have experienced some ups and downs this year, but the spirits of potential first-time homebuyers across Canada remain strong. According to Genworth Financial Canada’s First-Time Homebuyer’s Monitor released today, 84 per cent of those surveyed said that owning a home goes beyond its financial value and feel that homeownership pays off in more ways than one.
GTA Resale Housing Sales Up 19 Per Cent in the First Half of June
Posted by: editors note in First time home buyers, New Homes and Condos, Real estate industry news, Real estate market updates, Resale homes, Selling your home on June 19th, 2009
Greater Toronto REALTORS® reported 5,185 transactions in the first half of June – an increase of 19 per cent compared to the same period last year.
“Households in the GTA have become more confident in purchasing a home over the past three months,” said TREB President Maureen O’Neill. “Affordability, due in part to very low borrowing costs, has played a key role.”
The average price for MLS® sales was $407,716, up by two per cent compared to last year.