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December 2012

Found 3 blog entries for December 2012.

TARA PERKINS - REAL ESTATE REPORTER The Globe and Mail Published Monday, Dec. 17 2012 The market for home sales is chilling further after months of decline – and it’s putting Finance Minister Jim Flaherty on the hot seat. New data show sales deteriorating in November, and the association that represents Canadian realtors says sales will fall, not rise, this year and next. Mr. Flaherty, who sought to cool the market this summer by tightening mortgage insurance rules, says his actions are only one part of the story and that Canadians are voluntarily curbing their appetites for mortgage debt. Union members and supporters march to the Michigan State Capitol building to protest against right-to-work legislation in Lansing, Michigan December 11, 2012. The…
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Ron's Candid Thoughts on Today's Market in Victoria Last month I wrote that we are commonly seeing sales reported in some cases substantially below their taxed assessed values and recent independent appraised values. This month The Victoria Real Estate Board reported Median prices were increased 1% on single family homes. Reality is that sales are off dramatically from this time last year mostly due to the mortgage rule changes (legislated and internal bank policies) which have significantly reduced amounts Buyers are able to borrow for both new mortgages and to refinance. Especially hard hit are the high ratio first time buyers. There is more pressure than ever on those in any distress who “need to sell”. It still is a great time to buy for those who…
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100% organic and pesticide free local Christmas Trees - Courtesy of Sparton Acres Farm, Ron Neal’s home Apartment to hotel lobby sizes, many varieties, U-cut, we-cut or live Pick any tree for minimum only $40 minimum donation, 100% proceeds to BC Children's Hospital Foundation or charity of your choice Lots of flexibilty for timing, please contact us before coming to avoid dissappointment, email or call 250.213.8788 for appointment http://victoria.en.craigslist.ca/grd/3448673876.html DELIVERY AVAILABLE IN GREATER VICTORIA

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