March 2020

Oakville-Burlington Real Estate Update

10-03-2020 722 March 2020 0 Comments

Oakville-Burlington...February 2020 residential re-sale housing sales summary as reported by the Oakville, Milton and District Real Estate Board and the Realtors Association of Hamilton-Burlington...

Market Watch - Bank of Canada cuts interest rate

While Canada’s economy has been operating close to potential with inflation on target, the COVID-19 virus is a material negative shock to the Canadian and global markets and Monetary and Fiscal authorities are responding. As a proactive measure, The Bank of Canada lowered its target for the overnight rate by 50 basis points to 1.25% on March 4, 2020. The Bank Rate is correspondingly 1.5% and the deposit rate is 1%.

Tax Deductions and Credits for Homeowners

Many taxpayers overpay their taxes simply because they fail to claim some of the common deductions and credits they are entitled to. As a homeowner, there are several home tax deductions and credits that you can claim.

How to Create a Home Office

With so many people working from home these days, a home office has become an essential space in many homes. It's a growing trend where many Canadians are now choosing to work from home. A home office provides flexibility and saves time where people don't need to go on long commutes.

Using the MLS® to Help Sell Your Home

Selling properties is a long and complex process that requires experience and the right tools. The advent of the information age has provided real estate agents with a very important tool, namely the Multiple Listing Service® (MLS®). All members of local real estate boards have access to the MLS® -- an extensive network of property listings across the country.

What Should You Look for When Viewing a Home?

When buying a home it is easy to fall in love with a home's appearance, but it is very important to look beyond the window dressing. By playing detective yourself, you can carefully inspect each house you view and eliminate those with too many defects.

Time to purchase a new home? Call me to receive up-to-date Oakville market information...a crucial 1st step in the home Buying process!