Real Estate Market Update – What’s Happening Around the GTA?

On May 1st, Team Masterson attended a real estate market update session with guest speaker Phil Soper, President & CEO of Royal LePage and Brookfield Real Estate Services Inc. Before I share his insights, you might want to know a bit about the man behind the presentation and the company behind the man. Phil Soper …

Posted in Buying and Selling, Income Properties, Market Evaluation

Spring Yard Cleaning

If you don’t have the time or the energy for spring yard tidying, here’s an affordable solution.  Terra is offering a service to remove all leaves and debris from lawn areas and garden beds, clean off hard surfaces like walkways, patios and driveways, cut back spent perennials, cultivate soil or rake mulch beds, edge beds and …

Posted in Home Maintenance, Landscaping/Gardening

Spruce Up Your Garden with Flowering Shrubs

Spring is in the air. A colourful garden can be such a joy, but it is important to pick the right plants to keep maintenance to a minimum. If you’re looking to spruce up your garden, flowering shrubs can be an attractive, low maintenance and sometimes fragrant way to add value and interest to your …

Posted in Landscaping/Gardening

Lakeshore Reconstruction Project in Downtown Oakville

Planning on travelling in the downtown Oakville area? Here are some recent street changes/closures the Town of Oakville has implemented as part of the Lakeshore Road Reconstruction and Streetscape project. Lakeshore_Notice

Posted in Living

Changes to Mortgage Rules & the Primary Residence Capital Gains Exemption

Tidbits on changes to mortgage rules and the primary residence capital gains exemption. In October, the federal government announced changes to the guidelines for borrowers of high-ratio mortgages. Let’s first look at the difference between a high ratio insured mortgage and conventional or low ratio non-insured mortgage. An ‘Insured Mortgage’ is one where a home …

Posted in Home Finance

Implications of the New Mortgage Regulations

In an announcement from TD Economist Diana Petramala, the implications for the Ontario market are less significant due to booming demand and tight inventories. Here’s a synopsis of her comments: With demand weakening, the national sales-to-listings ratio came down more than 3 points to 59.6 in the month, tipping the national market back into balanced territory. …

Posted in Home Finance