Blog by Santana Anderson

HOUSING NOW / Halifax Report

March 8th, 2011

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Residential Construction Increased While Sales Declined in January

The Halifax housing market began the new year with mixed results. Total housing starts increased last month while existing home sales declined. Despite the decline in sales, the average price of an existing home increased in January compared to last year.

There were 247 total housing starts last month compared to 63 in Jan ...

Ready to Buy?

November 4th, 2010

Ready to Buy?

Making an Offer to Purchase

 Offer to Purchase: A written contract setting out the terms under which the buyer agrees to buy the home. If the Offer to Purchase is accepted by the seller, it forms a legally binding contract that binds those who have signed it to certain terms and conditions.

Once you have found the home you would like to purchase, you need to pre ...

MORTGAGE RATES AT AN ALL TIME LOW!!!

October 19th, 2010
5 year fixed rate is very close to an all time low - 3.49% !!!

The variable mortgage rate is 2.35% (prime - 0.65) !!!

(RATES PROVIDED BY JONAH WRIGHT OF MORTGAGE INTELLIGENCE BEDFORD,  Contact Jonah or Brad for all of your mortgage needs http://www.mortgageintelligence.ca/JonahWright 

http://www.bradwadden.com/bio.asp

“I’ve been working for 38 years and I don’t recall rates this low ever ...

BUYER'S PAY NO FEES FOR AGENTS!!!

October 12th, 2010
EVER WONDER HOW A REAL ESTATE AGENT IS PAID... BELOW IS A GREAT ARTICLE ON THE PROCESS!

Most home buyers don't know that using an agent specifically for their needs costs them nothing. They sometimes think the agent will get a commission from their mortgage payments or in the closing costs somewhere but it literally costs the buyers nothing to use the services of a buyers agent. Here are so ...

August 6th, 2010

Choosing an investment property: what you need to know

Choosing an investment property: what you need to know 
When choosing an investment property it is not about finding a place that has “the vibe” for you, it is a financial decision based on a number of key criteria.

The most important thing with any investment property is ensuring that it is tenant friendly as this will help you maximize the rental return on the property. This means it ...

Defining the "Affordable" Home

August 3rd, 2010

By Scott McGillivray

From Friday's Globe and Mail

Affordability” is one of those familiar buzzwords in the world of real estate. But the affordability index is a fantastic metric.

The affordability index is the home purchase price divided by the gross household income. The result is the one ...

Top 7 Tips to Choosing Your Realtor

July 27th, 2010

Top 7 Tips to Choosing Your Realtor

"Choosing a realtor can feel like an overwhelming process. You want to find someone who knows the market and does her job well, so you’re likely to look for someone who is well-established in her career. At the same time, you want to find a realtor who is going to have the time to commit to helping you find the right home. So how do you find a realtor wit ...

Resale Housing Forecast

July 26th, 2010

Resale housing forecast revised

Published June 2, 2010 Uncategorized Leave a Comment
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OTTAWA – June 2, 2010 – The Canadian Real Estate Association (CREA) has lowered its forecast for home sales via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations. The revision reflects a weaker ...

CMHC second quarter housing report Nova Scotia

July 22nd, 2010

Nova Scotia


Overview

Positive economic growth of 1.7 per cent is expected in 2010 and 2011, as energy related investments continue to move through the construction phase.

The provincial economy has recently shown signs of improvement although a stronger dollar continues to impact exporters and the manufacturing sector.

Growth in consumer spending,  although more moderate in 2009 due to slowe ...

Welcome to Our New Halifax Website!

July 21st, 2010

Hello Property Hunters and Home Owners,

I would like to start my first blog by welcoming you to our new Halifax Regional Municipality Site.  Just getting the site up and running this week, so please watch for updates as we upload our current listings, new blogs that will range from current real property marketplace conditions to new listings and info on our company.  As well, look to see  al ...