Baby Boomers Driving Luxury Housing Market for their Children

By: Nate Van Beilen

Baby Boomers Driving Luxury Housing Market for their Children

Tags: Wealth Transfer, Luxury, Real Estate Market, Baby Boomers

Generational wealth transfer for the real estate market is becoming an increasingly significant factor in home purchasing, especially in luxury markets. The most significant transfer is between the baby boomer generation and their children. Sotheby’s International Realty Canada released a report on buying habits of different generations. CEO Ross McCredie said,“I don’t think you&...Read More

Oakville Resident announced as Pan Am games Torchbearer

By: Nate Van Beilen

Oakville Resident announced as Pan Am games Torchbearer

Tags: Pan Am Games, Oakville, Toronto

  Oakville resident Lynn Petruskavich was recently announced to be a torchbearer for the Pan Am Games Torch Relay. Petruskavich is very involved in inspiring active living and bringing healthy food options to the Oakville community. “It’s such an honour to represent a town that I love so much,” said Petruskavich. “As a mom and enthusiastic volunteer, it’s incre...Read More

Healthy Economic Outlook for Halton According to Reports

By: Nate Van Beilen

Healthy Economic Outlook for Halton According to Reports

Tags: Economy, Halton, Employment, Infrastructure, Investment

Multiple reports indicate positive expectations for the future of Halton’s economy. These expectations are based on Halton Region’s impressive accomplishments in 2014. Some of the highlights from the reports include the following: • 4.4 per cent average unemployment rate for 2014 is the lowest in Ontario. • 73.6 per cent labour force participation (those either employed...Read More

By: Nate Van Beilen

Oakville Property Tax Increase in line with Inflation

Tags: Property Tax, Oakville, Infrastructure, Budget, inflation

  Oakville residents will be paying an increased property tax rate for 2015. The 1.7 percent increase, which is in line with the rising cost of living, was unanimously voted for by Oakville’s Town Council. The increase is the equivalent to a $14.88 per $100,000 of assessed property value. “Council has once again honoured its commitment to its residents to provide the progr...Read More

By: Nate Van Beilen

Local Event: Halton Hills Home Show

Tags: Halton Hills, Home Show, Shopping, Local, Business

Enjoy small town shopping? Looking to redecorate your home this spring? Look no further than The Health, Home, and Happiness Show presented by the Halton Hills Chamber of Commerce. This two day event is taking place at the Mold-Masters SportsPlex on Friday, April 17 and Saturday, April 18. The Halton Hills Chamber of Commerce is a voluntary business association made up of businesses and professio...Read More

By: Nate Van Beilen

New Regulations Aimed at Shady Real Estate Bidding

Tags: Real Estate Bidding, regulations, bidding wars, home buyers

A recent Globe and Mail article explains how issues in the real estate bidding process have prompted officials to introduce new regulations. The regulations will target questionable activity including fake bids from agents trying to drive up the selling price of their listing, and agents who represent both buyers and sellers. Red hot real estate markets in Toronto and Vancouver have led to inte...Read More

By: Nate Van Beilen

Big Changes coming to Oakville Place Mall: Good for surrounding residents

Tags: Oakville Place, Shopping, Pusateri's, RioCan, property value

A redevelopment project will begin this summer at Oakville Place Mall. The $30 million plan includes a Pusateri’s grocery store and up to 30 new high-quality retail outlets. Shoppers can expect ongoing changes over the next few years. The redevelopment does not plan for any expansions. Included in the redevelopment are upgrades to the exterior of the mall and a restructuring of the mall&rs...Read More

By: Nate Van Beilen

Halton Crime Rates at Historic Low

Tags: Halton, Oakville, Crime, Property Value

Halton is one of Canada’s safest communities according to latest police statistics. Violent crime, assaults, thefts, and property crime rates are have all decreased in 2014 compared to 2013. Stephen Tanner, who has been Chief of the Halton Regional police for the last two and a half years, said, "I think it's a combination of living in a secure community with low unemployment and ...Read More

By: Nate Van Beilen

Community Mourns for Councillor Max Khan

Tags: Oakville, Max Khan, Justin Trudeau, Kevin Flynn, Halton,

A memorial service took place this morning, March 30th, in remembrance of Oakville Councillor Max Khan. Khan, 46, suddenly died in the early hours of Sunday morning from pneumonia-like symptoms after being rushed to the hospital. He battled through three separate bouts of cancer over his life and stayed motivated during these periods by the people around him, his religious faith, and faith in Cana...Read More

By: Nate Van Beilen

Earth Hour Reminder

Tags: Earth Hour, Halton, Oakville,

Saturday March 28, lights will be turning off for the hour between 8:30 and 9:30 pm. The Town of Oakville, Halton Region, and Halton and Catholic School Boards are participating in the World Wild Life Fund (WWF) initiative to create ecological awareness for the earth by turning off all non-essential lighting and electrical equipment that doesn’t compromise safety or essential services. In ...Read More