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

Special Tulip for Canada’s 150th Birthday

By: Case Feenstra Team

Special Tulip for Canada’s 150th Birthday

Tags: Tulips, Netherlands, Canadian Anniversary

Tulips and Canada have a fascinating history. Canada played a pivotal role in the liberation of the Netherlands in 1945 during the final months of World War II. Canada was also the home of the Princess Juliana during the war. As a gesture of gratitude, the Dutch Royal family sent Canada 100,000 tulip bulbs.   The Netherlands continues to send Canada 20,000 tulip bulbs each year. The tradition...Read More

Canadians, Trump, and Real Estate

By: Case Feenstra Team

Canadians, Trump, and Real Estate

Tags: Royal LePage, Women’s March, Homebuyers, Immigration

Its real, Donald Trump is officially President of the United States. We can’t escape the facts, but quite a few Americans are trying to escape the US. Royal LePage is taking notice.   From October to December, Royal LePage saw a 40 percent increase in American inquiries into Canadian real estate compared to a year ago. The US is already a top source for immigration into Canada. And Nove...Read More

What is Fentanyl and should Halton Residents be worried about it?

By: Case Feenstra Team

What is Fentanyl and should Halton Residents be worried about it?

Tags: Halton Police, Paramedic Services, Health

Halton Police have reported fentanyl use is occurring in the region, and contributed to two deaths in 2016. Fentanyl is a synthetic opioid that is 50 to 100 times more potent than morphine which makes it extremely risky for recreational use.   Fentanyl use has been spreading from western to eastern provinces. It raised a lot of attention in Vancouver as hundreds people overdosed on the drug, ...Read More

The Rising Bank of Mom and Dad

By: Case Feenstra Team

The Rising Bank of Mom and Dad

Tags: Real Estate, New Homebuyers, Down Payments, Equity

Some moms and dads are happy to have their kids live at home for a time. But those kids turn into adults and they have to move out eventually. These days, a lot of them can’t afford to move out.   The Bank of Mom and Dad is mostly used to describe the financial help given from parents to children for covering the high costs of down payments. First time home buyers are finding it increas...Read More

Can the Greenbelt be blamed for high housing prices?

By: Case Feenstra Team

Can the Greenbelt be blamed for high housing prices?

Tags: GTA, Housing Prices, Development, Housing Supply

The Greenbelt is the big swath of land that surrounds the GTA that is protected from development. Check it out on Google Maps. You can see how the green fields and forest wrap around the urban development of the GTA.   Some critics argue that the Greenbelt limits the space where new housing can be built. The limited supply results in higher prices, they argue. It is a logical connection. But ...Read More