Royal LePage Real Estate Services Loretta Phinney, Brokerage

How to Find Best Realtor®?

By: Loretta Phinney

How to Find Best Realtor®?

Tags: Tips for picking a Best Real Estate Agent

    Did you know?    Home sellers have been employing real estate professionals for over a 100 years for the job of selling their most significant financial investment, their home.  90% of homeowners who opt to sell their homes privately eventually list with a real estate professional.  Real estate professionals statistically bring a higher market value offer ...Read More

By: Loretta Phinney

Mississauga Real Estate - Market Watch

Tags: Mississauga home sales mark quiet month of May, 2018

Enter Blog Post Here Residential property sales recorded through the MLS® System of the Mississauga Real Estate Board totaled 829 units in May 2018. This was down 22.6% from May 2017.   On a year-to-date basis, home sales totalled 3,279 units over the first five months of the year. This was down 29.3% from the same period in 2017.   “The May sales story was little changed fr...Read More

Canadian Recreational Properties Forecast to Appreciate 5.8% in 2018

By: Loretta Phinney

Canadian Recreational Properties Forecast to Appreciate 5.8% in 2018

Tags: Who Drives Recreational Property Market?

  Retiring Baby Boomers and Gen-Xers drive the recreational property market New speculation tax serves as a cold shower for would-be B.C. investors TORONTO, June 6, 2018 – According to a cross-Canada survey of Royal LePage’s recreational property specialists, the nation’s recreational market is primed for healthy single-digit growth in 2018, as buyers across the land flo...Read More

Summer projects

By: Loretta Phinney

Summer projects

Tags: to boost your home’s resale value

    With summer approaching, you may begin thinking about which outdoor home improvement projects will provide you with the best return on your investment. It’s best to start by doing research to identify a project that fits your time and budget.   There are many designs and approaches to consider. Check your municipal building requirements as a building permit may be re...Read More

Median Canadian home price up over last year despite a decline in sales

By: Loretta Phinney

Median Canadian home price up over last year despite a decline in sales

Tags: On a quarter-over-quarter basis for the same period, home prices in many markets across the country remained relatively flat

According to the Royal LePage House Price Survey1, home prices in Canada saw slowing year-over-year increases in the first three months of 2018.   On a quarter-over-quarter basis for the same period, home prices in many markets across the country remained relatively flat, with approximately half of the markets studied by Royal LePage posting slight declines.   The Royal LePage Nation...Read More

Boomers or Millennials:

By: Loretta Phinney

Boomers or Millennials:

Tags: Who had it tougher in the Toronto housing market?

The plight of the millennial Toronto home buyer has been a turbulent one; for this generation, the search for the perfect abode has been defined by downsized expectations, sky-high prices and steep competition. While some chalk up millennial financial misfortune to spendthrift lifestyles and expensive taste, the fact is, according to Statistics Canada, two-thirds of Canadians within this age group...Read More

Pot problems

By: Loretta Phinney

Pot problems

Tags: Legal weed could pose risk for home buyers, real estate association says

  With the impending legalization of marijuana, the amount of people looking to grow the plant inside their home is set to skyrocket, and it could cause potential issues for anyone looking to buy a home, Ontario’s realtor association says. The Ontario Real Estate Association (OREA) recently released its Action Plan for Cannabis Legalization requesting the provincial governme...Read More

Luxury Home

By: Loretta Phinney

Luxury Home

Tags: Luxury Home Values in the Majority of Regions Across Canada Grow in 2018, Despite Headwinds Created by Several Residential Real Estate Policies

TORONTO, May 10, 2018 – Canada’s spring luxury real estate market is well underway in Canada’s largest cities. While sales in Greater Vancouver and the Greater Toronto Area (GTA) are significantly down in the first four months of the year, luxury home prices have remained relatively resilient, according to Royal LePage. Overall, sales activity declined in Greater Vancouver ...Read More

From a Studio Apartment to a Large Detached Home

By: Loretta Phinney

From a Studio Apartment to a Large Detached Home

Tags: What the Average Peak Millennial Can Afford Across Canada

  According to Royal LePage, Canada’s leading real estate services provider, peak millennials[1] are seeing significant disparities in the properties they can afford in the country’s largest cities. With a median salary of $38,148[2], this generation typically has a maximum home buying budget of $203,246[3]. This factors in a 20 per cent down payment, and the impact of OSFI&rsquo...Read More

Important Changes to the Municipal Elections Act, 1996

By: Loretta Phinney

Important Changes to the Municipal Elections Act, 1996

Tags: Municipal & Planning Law Bulletin

  All across Ontario, municipal elections are just over six months away. On April 1, the most recent amendments that will impact the Municipal Elections Act, 1996 came into force. There are a lot of changes to the rules for this election, but below are some of the most important ones to note.   Important Dates Nominations open May 1, 2018 and are open until July 27, 2018 at 2:00 p...Read More