Offering local perspective in terms of Real Estate and REALTORS in Toronto, Greater Toronto Area and making sense of the global and national issues impacting the Toronto real estate market.
Sunday, April 17, 2011
People devoted to their Children's Education
Jagdeep Singh, B.Arch
Real Estate Broker
647-287-4644
www.GetAGripNOW.ca
http://twitter.com/RealtorJagdeep
www.YouTube.com/user/ARealEstateChannel
www.Facebook.com/pages/Jagdeep-Singh-Broker/92425974690 Century 21 New Star Realty Inc., Brkrg Tel: 416-288-0800 Sent from my mobile device
Friday, April 15, 2011
Thursday, April 14, 2011
Baisakhi for Everyone
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Tuesday, April 12, 2011
Builder Excellence Awards
The finalists for the 2011 Tarion Awards of Excellence, which recognize new home builders in Ontario based solely on their customer service delivery, are in. The winners will be announced on April 19.
The shortlist:
High-rise builder: Daniels (Toronto); Domicile (Ottawa); Mattamy Homes (Oakville); Options for Homes (Toronto); Tridel (Toronto)
Large-volume builder: Brookfield Homes (Markham); Fusion Homes (Southwestern Ontario); Mattamy Homes; Monarch (Toronto); Pidel Homes (Guelph).
Medium- volume: Doug Tarry (St. Thomas); Habitat for Humanity Toronto; Morra Homes (Barrie); Neilcorp Homes (Almonte); Wrighthaven Homes (Fergus).
Small-volume: Cara Custom Homes (Ancaster); Fernando Homes (Welland); Gordon Tobey Developments (Brighton); Ken Seigel & Sons (Pembroke); Wasko Developments (London).
Read it on: http://on.fb.me/dQEHqq
Qualified as an Architect, Jagdeep’s interest is to continue to keep up to date with developments in the construction industry and how it translates in to real estate. As a REALTOR, it is his authentic intention to help his clients with the purpose of meeting their needs and fulfilling their dreams.
Monday, April 11, 2011
Interest Rates: Will They Or Won't They Rise?
Up, down or nowhere at all. Once again, we are approaching another Interest Rate announcement by the Bank of Canada- this coming Tuesday, April 12. While we have no crystal ball, there are a number of factors present from which we can draw speculative expectation. The problem is that some of them are contradictory- and while in the past, some of these predicators could have meant a sure bet in any direction, the situation in which the Canadian economy is not typical.
The rising loonie and inflation remaining steady at 1.5% both suggest that now is not the time for a rate hike. In fact, many analysts are now predicting that it will be summer before we see a rise in rates.
Also, we find ourselves right in the middle of a Federal Election campaign. If history is any guide, rates will remain unchanged, as the country technically is in a state of political instability- and the Bank of Canada has traditionally stepped into a less active role when Canadians are preparing to head to the polls.
On the other hand, last week, many of the major banks raised some mortgage rates marginally- which is typically done in advance of an anticipated rate hike.
It’s about striking a balance - but the question is, in this push and pull of fine tuning the economy as it makes its way back to solid ground, how much is too much—and what does sitting still again suggest? Jim Flaherty’s proposed mortgage changes intended to tighten policy were introduced on March 18. There has been concern raised by many that the combination of these new restrictions with the eventual rise in interest rates will have a significant impact on affordability- and that some might get squeezed out of the market.
Jagdeep Singh, B. Arch.
Real Estate Broker
647-28-SINGH
An ounce of performance is worth more than pounds of promises.
Direct Tel: 647-287-4644
Direct Fax: 866-450-9199
Century 21 New Star Realty Inc., Brokerage
Independently owned and operated
1450 Midland Avenue, Suite 206
Toronto ON M1P 4Z8
Off Tel: 416-288-0800
Off Fax: 416-288-8038
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Sunday, April 10, 2011
The Reason this Parking Lot is so Picturesque
Jagdeep Singh, B.Arch
Real Estate Broker
647-287-4644
www.GetAGripNOW.ca
http://twitter.com/RealtorJagdeep
www.YouTube.com/user/ARealEstateChannel
www.Facebook.com/pages/Jagdeep-Singh-Broker/92425974690 Century 21 New Star Realty Inc., Brkrg Tel: 416-288-0800 Posted from my mobile device