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REALTY PROPERTIES

 

On the right-hand side, there are several rotating banners.

One of them relates to Real Estate, Buy & Sell, etc., etc.

Some refer to new mortgages, others of the potential crash in the Real Estate Industry, the imposition of Foreign Buyers Tax, Chinese Reaction to the tax.  

Information for potential new buyers and owners who want to dispose of properties.  

Each of the links provided gives the opinion of the producer of the video.

We have selected each link to inform the general public about the market conditions so all viewers  may make his/her assessment and decision. 

 

FINANCING Mortgages

REAL-ESTATE-FOR-RENT

REAL-ESTATE-FOR-SALE

STORES-FOR-RENT

STORES-FOR-SALE

REAL-ESTATE-BROKERS

 

Canada Just Moved One Step Closer To A Real Estate CRASH!

 

House-prices-plunge-in-Canada

 

Canada Just GUARANTEED a MASSIVE CRASH 

 

LONDON IS FALLING

 

Plummeting house prices has buyers backing out

 

Detroit, The USA's Cheapest Houses

 

Cleveland: Confronting Decline in an American City

 

The Death Of The American Middle Class

Richard Sci $120K/year? That should have been enough money to buy a house in about 6 years. They didn't need a $500K home. They could have started with something smaller.

 

Has Wall Street Created Another Housing Crisis?

 

 

LOURDES LACHICA SALES REPRESENTATIVE

The signs for rental or for sale appear more than ever before

The signs for rental or for sale properties within most cities in Canada, more particularly Ontario and Quebec, appear more than ever before.

On the other hand, you may see properties for rent with signs in place for quite a few years and across the street, you see another complex of construction appear like wild mushrooms.

The reason that you see this construction materialize is that the investor or investors had forecast boom in this country five (5) or more years ago.
Since the plans were submitted, permits were issued, investors locked in their savings into the projects and finally, the buildings had to be constructed.

Therefore, after completion, the new complex would be another empty space, another sign for rent.

There are thousands of square feet available for rent and in some instances, buildings have been empty for a few years now.  So if you plan to open a new business, relocate the existing one, and you are looking for property it is advisable that you do not believe the realtor telling you that there are three or four other offers because this is not in existence.

The first thing you should do is to ask for one or two years rent-free.  
The possibility of this happening is almost a reality.  

The availability of commercial properties is beyond imagination at this point.  

The news of store closings appear everywhere

Walmart, Rona, Canadian Tire, Target, Mexx, Guess, Parasuco, Smart Set, Chapters/Indigo, Sears, Jacob, Grand and Toy, Staples, Sony, Costa Blanca, Holt Renfrew, Future Shop, Cleo Ricki's Bootlegger, P J Pets Stores,Goodwill, Sobeys, Tiger Direct, Blockbuster, Blacks, The Gap, Danier Leather, Le Chateau, Aeropostale.

The above are stores that some of you are familiar with.  Imagine now how many thousands of independent stores have closed or plan to close.  What is the solution to the problem?
Could this problem be corrected?  Could any of you find the answer? 

The market conditions dictate the final outcome.  

There was an over-excitement at one point in the past that made this big mess.  
Some big name stores were so huge that a 747 Jumbo Jet could land on their roofs.  

So, should the realtor tell you that there are 3 more offers on hand, at that moment, look him right in his face and focus on his nose, you will observe that his nose grows out of proportion similar to Pinocchio,  tell him you shove it you know where!

Of course, this is for industrial and commercial properties, and sooner or later another typhoon will be coming on to residential properties.  

Someone stated that he bought a house for $325,000 a few years ago and recently the property was appraised at $1.2 million.  He further stated that he had an offer on hand and wonders if he should take it or not "What should I do?".

According to many, there are properties in the United States, particularly the Miami, Fort Lauderdale, etc, areas where there is no snow to shovel and no heating expenses.
Three bedroom homes are between $60,000 to $70,000 U.S. and with the current U.S. exchange rate of 30 percent that would make the purchase price about $80,000 to $85,000 Canadian.
In some instances, some repairs may be required.

The cost of a home is one issue, taxes are another.  Our research on taxes in the above-mentioned areas shows that a 3 bedroom house, dining room, living room, kitchen, the front and backyard is less than $1,000 and if someone is a permanent citizen, taxes are below $500 for the same property.  

The exaggeration of house prices in the Canadian market is at its peak and the balloon will burst any time soon. In fact, the word burst is minimizing the situation, the proper word is EXPLODE.

The above write-up does not reflect the independent, smaller stores and organizations, or sole proprietor operators.

 CLICK ON THE IMAGE BELOW TO VIEW THE CURRENT ISSUE ON RENTERS GUIDE

The Calgary region reported one of the country’s largest declines in building permit values for August, says Statistics Canada. 

 

Housing starts to plunge 30% 

OTTAWA — Canada’s housing market is slowing dramatically in terms of both sales and construction, dragging down economic growth and putting some 150,000 jobs at risk in coming years, a mortgage industry association warns in its spring report.

Why you should rent that condo — even if you can afford to buy it

WE HOPE YOU HAVE HEARD OF NIAGARA FALLS.
AT ONE TIME IT WAS THE HONEYMOON CAPITAL OF THE WORLD, AND IT STILL IS.

THE VIEW OF THE FALLS ON BOTH SIDES OF THE BORDER (CANADA AND THE UNITED STATES) IS SPECTACULAR YEAR ROUND.  

CLICK ON THE PHOTO BELOW AND EXPLORE THE NIAGARA NEIGHBOURHOOD.  

 

Canadian building permits drop 

Is It Time to Stop Building Convention Centers?

Don’t Buy A Condo In Montreal 

CARLYN-GOUDAS

Howard Hanna Real Estate Services 
About Me "I am a very passionate person - I am passionate about my husband, my boys and teaching yoga.

I bring that same passion for helping my clients find the home they are passionate about - without all the stress of the home buying or home selling process.

Carlyn is passionate about real estate and about helping her clients.
Her laid-back style helps put her buyers and sellers at ease.
Her tough negotiating skills help ensure her clients get their dream home at their dream price.

Carlyn takes the time to listen to those things that are most important to them and then guides them to the homes that meet those needs.

And while buying or selling a home can be stressful, Carlyn's clients agree that she helps minimize the stress.

Give Carlyn a call today to help get you moving!

Compare the price in Canada with similar listings in the US

The USA to Canadian dollar exchange approximate 1.32

 

offices for rent  647-521-5020 

  

 

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