Another Real Estate Record Set in February

By: Case Feenstra Team

Another Real Estate Record Set in February

Tags: Home Prices, Toronto, Economy, GTA, Foreign buyers

A detached teardown in Etobicoke was listed for $1.075 million the other day. Are detached homes becoming a luxury? Well for first time buyers, a detached home is likely out of reach, and will remain so for quite a while. Especially as bidders are lining up in ever increasing numbers.   The year over year price increase for Toronto homes from February 2015 to 2016 is almost 15%. Real estate a...Read More

Mississauga Fails to Legalize Uber

By: Case Feenstra Team

Mississauga Fails to Legalize Uber

Tags: Suburbs, Oakville, Neighbourhood, Transportation, Insurance

Uber is still technically illegal? This legal technicality is definitely not stopping Uber from operating and achieving huge market growth. Uber is not only being used by young demographics anymore. The city of Mississauga has recognized Uber is not going away but a council meeting decided to request that Uber suspend operations until the city can decide on regulations. Good luck.   Calgary r...Read More

World Wildlife Day

By: Case Feenstra Team

World Wildlife Day

Tags: Canada, United Nations, Poaching

Today marks the 3rd annual World Wildlife Day. It marks the day that countries around the world signed the Convention on International Trade in Endangered Species of Wild Fauna and Flora at the United Nations. World Wildlife Day aims to increase awareness about the world’s wild animals and plants. Scientists have estimated that 150-200 unique species of wildlife become extinct every day. Hab...Read More

Real Time Tracking Technology for Oakville Transit

By: Case Feenstra Team

Real Time Tracking Technology for Oakville Transit

Tags: Public Transportation, GPS, Oakville,

Oakville’s public transit has entered the 21st century. The new real time bus tracking technology will improve convenience for users. Bus schedules are developed to be as accurate as possible in forecasting expected route times based on traffic conditions throughout the day. The technology uses GPS data to predict the timing of bus arrival.   Unfortunately, buses use the same roads as p...Read More

Two Thirds of Canadians Favour Government Intervention in Real Estate

By: Case Feenstra Team

Two Thirds of Canadians Favour Government Intervention in Real Estate

Tags: Regulation, Toronto, Housing Prices, Shadow Flipping

The results of this recent Angus Reid poll suggest that markets are not providing for what a majority of Canadians need, or at least expect. Fairness is a key issue highlighted in the poll. Two thirds of Canadians think government should be more involved in the real estate industry while the remaining third prefers the market to manage real estate shortcomings.   The poll did not specify what...Read More

Weird Connection: Donald Trump and Nova Scotia Real Estate

By: Nate Van Beilen

Weird Connection: Donald Trump and Nova Scotia Real Estate

Tags: Real estate, affordable housing, Immigration

I’ll be concerned if Donald Trump becomes president of, arguably, the most powerful nation on earth. I guess its good to be in Canada and somewhat removed from the electoral spectacle and potential for an egomaniacal national leader. A fair amount of Americans seem to share these sentiments.   Rob Calabrese is a radio show host in Nova Scotia. He thought it would be funny to create a we...Read More

Local Event: Bronte Creek’s Maple Syrup Festival

By: Nate Van Beilen

Local Event: Bronte Creek’s Maple Syrup Festival

Tags: Oakville, Attraction, Tradition, Community

Have you ever wondered what life was like without Netflix? How about electricity, or even plumbing? You would think life would be a lot more difficult and plain. It was rich in other ways. But don’t ask me – go to the Maple Syrup Festival at Bronte Creek Provincial Park. A main attraction at the festival is tours and workshops that allows visitors to learn how people lived in the early...Read More

The Shadiness of Shadow Flipping

By: Nate Van Beilen

The Shadiness of Shadow Flipping

Tags: Property Sales, Real Estate, Investors, Toronto, Condos

Some realtors have been up to shady schemes. It is when a property sale is arranged and the realtor finds a new buyer willing to pay more before the deal closes. For example; a realtor sells your home for $250,000 more than the price you agreed to, but you don’t get any of that extra sales price. The reassigning of sales to different buyers at ever higher prices is resulting in huge payouts ...Read More

Why is Halton called Halton?

By: Nate Van Beilen

Why is Halton called Halton?

Tags: Halton Region, Oakville, Burlington, milton, halton hills

More than half a million people live in Halton Region, living in four different municipalities of Oakville, Burlington, Milton, and Halton Hills. But I'm sure most of us have never even thought about why our region is called Halton.  Halton Region is named after William Halton. He was born in 1769 – the same year as Napoleon Bonaparte. But William Halton is relatively obscure as a ...Read More

5 Different Mortgage Term Lengths

By: Nate Van Beilen

5 Different Mortgage Term Lengths

Tags: Property, Interest, home buyers, credit rating, equity

Mortgage in old French means ‘dead pledge’. The pledge ends when the financial obligation is fulfilled or the property foreclosed (knock on wood). It is up to homeowners to decide how when they want their pledge to become ‘dead’. There are generally 5 different mortgage term lengths offered by financial institutions. The best choice is based on your income, spending habits,...Read More