A fresh dose of the local market. Three times a week.
Photo: Deya Bautista I follow some industry blogs from the US, and I was amazed at the way some agencies go about organizing open houses, offering a whole range of catered food. Specially in New York, I’ve seen posts from Open Houses that actually offers a menu of appetizers. Gourmet Food in Open Houses. I find the idea fascinating, but I wonder how effective it really is. In Montreal, we … [Read more...]
For the record, this is not a decoration tip, neither we are trying to set a new trend. I found the bathroom already decorated with (fake) flowers on (what it looks like) a wedding arch, in a gas station on the way to New York. Whose idea was it? We don't know. But we do know that whoever came up with it must have been a bit bitter about marriage. Either that or he/she has an inclination for … [Read more...]
The complete report on Montreal Market for the second quarter 2010 is now available for download. This report, has a detailed description of each section of Montreal, with 38 pages of up to date information on prices, sales, and average days on the market. Also with detailed information on economic indicators such as: Mortgage rates, annual inflation rates in canada, and housing starts. To … [Read more...]
Everyone would like to maximize the sale of their house, but do you know where you should be starting? It’s imperative to prepare well in order to succeed and that requires a bit of time, a bit of money and some effort. In this article, I would like to cover the PRE home staging steps, namely the renovation work – which projects are more important, when and what will be your return on … [Read more...]
I came across this great new program for young buyers in Old Montreal, specifically for students (and their parents) wanting to purchase a condo with low downpayment. Développements McGill created a new Family Investment Program that offers a fantastic purchase options. Here are the details: “We have formed an partnership with the Royal Bank (RBC) to enable families with children aged over 18 … [Read more...]
Properties in the Montréal Metropolitan Area were selling faster in August 2010 compared to the same period last year according to the Greater Montréal Real Estate Board's (GMREB) MLS® statistics. In August 2010, single-family homes in the Montreal area sold in an average of 69 days, 10 days faster than in August 2009. Condominiums sold in an average of 79 days, a decrease of 11 days. Plexes … [Read more...]
You can always count on the media and the "Market experts" to make an issue out of something small, like the 0.1% decrease the new home prices in July. CTV News [Edmonton] reports: "The price of new homes fell 0.1 per cent in July after a 0.1 per cent increase in June -- the first drop in more than a year, according to Statistics Canada's latest report." So Statistics Canada comes out with a … [Read more...]
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