Making home buying and selling as painless as possible

Ryan Mracek of Keylo wants the online realtor referral service to be the place consumers go to get unbiased, data-based real estate advice

Making home buying and selling as painless as possibleRyan Mracek is owner of Keylo. What is Keylo and what does it do? Mracek: Keylo is Canada’s largest realtor referral service. We use an evidence-based approach to find the best realtor to buy or sell your home for free. We put the odds of success in your favour in an industry notorious for holding…

Toronto, Vancouver downtown office vacancy lowest in North America

Toronto, Vancouver downtown office vacancy lowest in North AmericaCanada's office market posted positive absorption of nine million square feet in the 12 months ending June 30 – significantly more than the nearly six million square feet absorbed in the prior 12-month period, says Avison Young's Mid-Year 2019 Global Office Market Report released on Tuesday. The report said demand was strongest in Toronto, Montreal and…

Homes should be as unique as the people who live in them

Brigitte Lepage talks about the Capstone Custom Homes values of caring for clients, being accountable, innovative and passionate

Homes should be as unique as the people who live in themBrigitte Lepage is co-owner of Capstone Custom Homes. What is Capstone Custom Homes and what does it do? Lepage: Capstone Custom Homes is a luxury custom home builder based in Calgary. We’re also a relationship builder, a people-focused business that builds outstanding homes. The relationships that we have with our clients and everyone we deal…

Have island, will rusticate

Interest in owning islands is on the rise. Are people seeking the quiet life or simply trying to escape societal woes?

Have island, will rusticateBorn and raised to the age of eight in the largest, noisiest, sharpest-elbowed city in Canada, I gave no thought to the pastoral life of country folk I’d occasionally see on CBC television during the supper hour. All that began to change in 1971 when my father managed to acquire a 10-acre piece of land…

CMHC nudging more aggressively into housing market

The risk of housing price declines piles onto the risk CMHC already takes on when insuring mortgages

CMHC nudging more aggressively into housing marketCanada’s federal government will soon participate in the property bubble in a direct, equity-owning way through its new First-Time Home Buyer Incentive. But the merits of the program are questionable. Since the end of the Second World War, it’s been federal government policy to help low-income would-be home buyers via Canada Mortgage and Housing Corp.…

App gives real estate relationships a leg up

Tarynn Liv Parker of Listing Llama talks about helping people build a real connection with a realtor before listing or buying a home

App gives real estate relationships a leg upTarynn Liv Parker is CEO of Listing Llama. What is Listing Llama and what does it do? Tarynn: Listing Llama is a free app available in the Apple App Store, Google Play Store and online at listingllama.com. Our free tool helps home buyers and sellers to find the realtor who is right for them. It…

Mortgage restrictions force millennials to abandon home ownership

The result has significantly dampened the Canadian economy. Banks, not legislated stress tests, know best who can pay for houses

Mortgage restrictions force millennials to abandon home ownershipAn uproar is brewing over real estate in Canada, fuelled by a misguided attempt to protect willing homebuyers from themselves. Owners see prices declining, while prospective first-time owners find themselves locked out by mandated stress tests. The federal regulator should ease stress-test requirements – if not eliminate them altogether – before they cause further harm…

New mortgages down in Canada: CMHC

New mortgages down in Canada: CMHCMortgage loans in Canada declined in 2018 due to new mortgage regulations, rising rates and softening housing markets, according to Canada Mortgage and Housing Corp.’s  first Residential Mortgage Industry Report.  “Over the last year, activity in the Canadian mortgage landscape slowed after many years of strong increases, which had been driven by rising housing prices…

Two-thirds of non-bank residential mortgages are uninsured

Two-thirds of non-bank residential mortgages are uninsuredStatistics Canada reported Friday that non-bank mortgage lenders held 1.7 million residential mortgages in the fourth quarter of 2018, two-thirds of which were uninsured. At the end of the fourth quarter of 2018, 1.7 million residential mortgages with a total value of $325.5 billion were outstanding, it said, adding that the uninsured mortgages outstanding contributed…

The power of bricks and mortar in a disruptive world

Eileen Halpin-Tarrant of Oberfeld Snowcap Realty talks about the bright future that innovative retailers are bringing to the marketplace

The power of bricks and mortar in a disruptive worldEileen Halpin-Tarrant is president of client services, broker of record (Ontario), and managing broker (British Columbia) with Oberfeld Snowcap Realty, Brokerage. What is Oberfeld Snowcap and what does it do? Halpin-Tarrant: Oberfeld Snowcap is a national real estate advisory firm focusing primarily on retail real estate and tenant representation across Canada. Our core asset and…