Real Estate Tag

Bitcoin And Real Estate Bitcoin and real estate, has anyone actually bought or sold their home with bitcoin? The answer is YES! Bitcoin is already accepted in many retail outlets and restaurants, so it's no surprise that this has extended to real estate as well. According to an article at CNBC, "it was only a matter of time before the cryptocurrency took on real estate. That time is now. Bitcoin is slowly making its way into closings on everything from Lake Tahoe land in California to Manhattan condos to single-family homes in the heart of Texas."  Ben Shaoul, president of Magnum...

12 Charts About Canadian Housing That Will Make You Go WTF 12 Charts About Canadian Housing That Will Make You Go WTF - article by Huffington Post. Although Canada has never built as many condos, RBC who created many of the charts here are not concerned as there's still a housing shortage in Toronto and Vancouver where a lot of the construction is concentrated. In contrast single family home construction is near record multi year lows attributed to the lack of space in Toronto and Vancouver as illustrated in the RBC chart below. This short supply may help explain why single-family home...

Montreal Real Estate January 2017 Montreal real estate January 2017, the details according to Centris “January’s sales increase can be largely attributed to the number of condominium transactions, which jumped by 21 per cent compared to January of last year,” said Daniel Dagenais, President of the GMREB Board of Directors. “What’s more, condominium sales increased in all geographic areas and in all price ranges,” added Mr. Dagenais. "Sales by geographic area For all property categories combined, January’s results show an increase in residential sales in the areas of Vaudreuil-Soulanges (+18 per cent), the Island of Montréal (+10 per cent) and the North Shore...

Headline photo by Bonnie Meisels ©all rights reserved Montreal Real Estate Forcast for 2017 The Montreal real estate forcast for 2017 shows 2016 had a strong finish and a solid and stable market is expected in 2017. To get some idea about the numbers, here's a short video for you to watch.   ...

5 Things Changing Canadian Real Estate Canadian real estate was once something well understood.  Since the unexpected results of the U.S. election results the Canadian real estate market has followed suit. Mortgage rates are on the rise, with RBC Bank, being one of the first to implement the rate increase New mortgage rules  The Canadian government has imposed tighter mortgage rules trying to ensure that Canadians can afford their mortgages.  An overheated Vancouver market was cooled by the new 15% tax imposed on foreign buyers as well as a 1% tax added to properties left vacant for more than six months ...

Dollars & Sense - Rising Interest Rates Photo by Bonnie Meisels ©All rights reserved Recently rising interest rates came as big suprise here in Canada after much talk and speculation that rates would remain low for quite some time. A recent publication from TD Bank gives us a good snapshot of the current U.S. and global fiscal picture.  Although it's complicated, at least too complicated for me, this TD Economy report does a nice job of explaining some of the reasoning and underpinnings of the suprising rise in interest rates. Where it goes from here will depend on what unfolds in the...

Montreal Real Estate September 2016 Highlights Courtesy of GMREB Montreal Real Estate September 2016:  Sales in the Montréal CMA increased by 4% in September. This was the 18th sales increase in the past 19 months.  The Island of Montréal (+8%), the North Shore (+4%) and the South Shore (+3%) registered sales increases, while Vaudreuil-Soulanges (-5%) and Laval (-7%) posted decreases.  Sales of single-family homes and condominiums grew by 4% and 9%, while plex sales fell by 9% compared to September of last year.  The median price of single-family homes and condominiums rose by 4% and 1% respectively, while that...

5 reasons Gen X moms are the best real estate agents As a mother of 3 plus one kids, I can honestly say that I love this article that makes the best case as to why us Gen X moms make the best real estate agents!   BY MARY MCINTOSH For Inman Key Takeaways Youth is honored in our society, but often age holds way more value. Technology and response time are not only dependent upon age. Often in an effort to keep up with youth, older people embrace technology as well. Sometimes buyers and sellers need and want a mother's touch; someone taking care of them...

One of the foremost, respected thought leaders in real estate is Gary Keller. One of the founders of the number one real estate franchise in the United States. Every year he presents a keynote address pertaining to the market status. This year he presented his slide deck on the real estate market in 2016. I'm sharing it here below, it's always good to learn something...

I couldn't resist posting this recent article about Keller Williams' performance. Although Keller Williams is new to Montreal and Quebec in general (only about 3 years or so), it's plans to expand throughout Quebec are aggressive. Most Montrealer's aren't aware that Keller Williams is the number 1 brokerage in the United States. Here is the article by Inman News; Agent productivity propels Keller Williams sales growth to all-time high While the company increases in agent count, transactions and sales volume have caught up Caroline Feeney Jul 25, 2016 Key Takeaways In Q2 2016, Keller Williams had a net gain of 6,073 agents -- up 9.2 percent...