January Housing Stats: Price gains compared to average income

By: Case Feenstra Team

January Housing Stats: Price gains compared to average income

Tags: Average Selling price, Oakville, Housing sales, 905 Region

In just one year from January 2016 to January 2017, the average selling price for a home in the GTA increased by $140,552. That’s almost double of the average income in Toronto, which is $75,270.   The average condo now costs $442,598 up 14.5% compared to this time last year. Condos had the most activity in terms of sales. But outside the condo market, the 905 region experienced that ma...Read More

Case Feenstra Joins the Loretta Phinney Team

By: Case Feenstra Team

Case Feenstra Joins the Loretta Phinney Team

Tags: Clients, Customer Service, Royal LePage, Real Estate

Phil Jackson, one of the NBA’s most successful coaches once said, “The strength of the team is each individual member. The strength of each member is the team." A new synergy has been formed with the partnership the Case Feenstra and Loretta Phinney Teams. And this synergy will strengthen the team’s ability to benefit their clients.   Clients are at the crux of the real...Read More

Happy World Wetland Day

By: Case Feenstra Team

Happy World Wetland Day

Tags: Extreme Weather, Disaster Risk, Conservation

Do you know the importance of wetlands? Its easy to see a wetland as a wasteland – an area that doesn’t have much value. This wide held perception has resulted in the loss of almost two thirds of the worlds wetlands since 1900.   February 2nd is world wetland day, the date of the  and the 2017 theme is “Wetlands for Disaster Risk Reduction.   Wetlands play an impor...Read More

Do you know the new Halton waste schedule?

By: Case Feenstra Team

Do you know the new Halton waste schedule?

Tags: Halton, Landfills, Diversion Rate, Ontario Legislation

The Halton Region has released the new waste schedule. Check your mailbox for the updates for your neighbourhood schedule. What changes and updates can you expect?   There could be changes to the weekly collection dates. The new schedule is for February 2017 to January 2018. The new waste schedule also has tips and resources on how to reduce waste from your home.   Ontario has recently p...Read More

Mattamy Homes Moving Towards Sustainability

By: Case Feenstra Team

Mattamy Homes Moving Towards Sustainability

Tags: Net Zero, Development, Housing, Energy use

Mattamy Homes, one of the largest home developers has created a new position – VP Sustainable Development. Mattamy is setting a new direction. The privately owned company is aiming to become a leader in sustainable housing development.   What does sustainable housing look like? Net Zero – meaning that a building is able to produce all of its own power and water. To build Net Zero ...Read More

Wynne Halts Toronto’s Road Tolls

By: Case Feenstra Team

Wynne Halts Toronto’s Road Tolls

Tags: GO Train, Tolls, Liberals, Ontario Deficit

Strapped-for-cash-Toronto now can’t use its busiest and most congested highways for generating revenue. Is it a smart decision? Or just politics?   Some think Wynne is trying to protect her liberal government from losing votes and support from commuters who would have been hit with the tolls. Last month she approved of the tolls. But yesterday, she explained her newly found opposition w...Read More

What is a HELOC? Should you get one?

By: Case Feenstra Team

What is a HELOC? Should you get one?

Tags: Equity, Mortgage, Real Estate finance

A HELOC stands for a home equity line of credit. A growing number of Canadians are using this type of financing for their home. HELOCs were a very popular type of financing mechanism that led to the US housing crash in 2008.   So what is a home equity line of credit? It is pretty much a second mortgage. In a HELOC, a lender can loan you an amount of money and the collateral is the borrowers e...Read More

Oakville’s Airplane Noise Woes

By: Case Feenstra Team

Oakville’s Airplane Noise Woes

Tags: GTA, Pearson, North Oakville, Halton

Pearson is expanding to become one of the world’s mega airport hubs. This means air traffic is likely to increase and necessitate more flyover routes for the runways. And for Oakville residents and politicians, there is worry about the potential for more airplane noise.   Oakville residents, mostly in North Oakville neighbourhoods, have expressed their frustration over the increase of a...Read More

Where is the most unaffordable housing in the world?

By: Case Feenstra Team

Where is the most unaffordable housing in the world?

Tags: Toronto, Real Estate, Home Prices, Income

Two Canadian cities made the top 20 list. Can you guess which ones?   Vancouver is #3 and Toronto came in at #13. The results shouldn’t be too shocking. You don’t need to follow Canadian real estate markets too closely to know what’s going on.   The survey ranks affordability by dividing median housing prices by median income. Anything less than 3 is affordable, and any...Read More

Provincial vs. Municipal Growth Plans

By: Case Feenstra Team

Provincial vs. Municipal Growth Plans

Tags: GTA, Housing Supply, Community, Oakville, Intensification

Who has a better grasp on what is needed for growing communities? The province or the municipality? There is a widening gap between what Oakville expects for its future growth, and what Ontario expects from Oakville for its future growth.   Like most things in life, it is not a black or white issue. Both sides have valid concerns and need to make compromises. So what are the differences betwe...Read More