The Dollar, The U.S. and us

So the proverbial shit has hit the fan - and the whole housing market to the south of us just plain stinks. So are we going to get hit with the same stuff? Is our economy going to go belly up? Are we really in the same ship as the U.S.

No - simple answer. Why? A multitude of reasons. But basically:

This whole sub-prime lending thing that nailed the U.S. market has not been allowed to happen here. Our lending institutions were more cautious than our neighbours to the south.

The housing market downturn, is sending shockwaves throughout the whole economy as people are tightening their purse strings and not pumping money into the economy. With Christmas coming, the big question is whether people will start spending money - and charge the economy with cash - otherwise spring time will be more doom and gloom.

So the market is still good in Canada, very good, there are a lot of buyers and many sellers.

The key is to PRICE YOUR PROPERTY RIGHT!!

Brampton Open House + a bunch of NEW LISTINGS

I will be hosting an OPEN HOUSE on Saturday, August 25 and Sunday, August 26, 2-4 on both days. The address is 6 Derby Road - in the Mavis/Ray Lawson Area. See you there.

Plus a bunch of new listings have gone up at my website: www.trustedlistings.ca

So go visit my site, if you are looking, or browsing, for real estate in Mississauga, Oakville, Milton, Toronto, or in the west end.

For more info 416-559-7626

IMPORTANCE OF GETTING PRE-APPROVED

I just had a rather bad experience dealing with a new real estate sales representative. We negotiated a deal on my listing at 50 Kingsbridge Garden Circle, unit 1209. We agreed on the price and conditions, and we, as the vendors, were waiting for the buyers to fulfill their conditions, when we received a phone call that the buyers, even though I was assured that they would have no problem obtaining financing, were not able to qualify for a mortgage. My office had already received the certified deposit cheque and so it would take at least a week for the buyer to receive his money back - preventing him from persuing any other properties that would fit his budget, and creating complications for everyone. My advice is to get pre-approved. It gives you a better idea of what price range to look in and saves any possible disappointment and frustration. So please get pre-approved.

Real estate questions botherin you? For no obligation advice call 416-559-7626

OPEN HOUSE FOR 27-28 JULY

2 Bedroom + Solarium - 880 sq ft with gorgeous South-East views in Square One area. Great for commuters with children - bus and school bus stop in front of building. Building features indoor pool, jacuzzi, squash court, BBQ area with gazebo, tennis court, cardio room, weight room, and his/her saunas. For more info and pics go to www.trustedlistings.ca

NEW CONDOS - AGENT PREVIEWS

I just got back from the agent registration of BY THE SEA CONDOMINIUMS - it was crazy!! The first agent showed up at 9am this morning, and by 4 pm there were already 58 agents in line.....and the sales start tomorrow. So there are going to be some agents spending the night "by the sea." This is a sale only for agents and their clients - can regular people compete - not a chance. Out of the 279 suites offered about 50% having the most desirable views - South and South-East. Those 140 or so suites will go like hotcakes - even with the limit of 2 units per agent. My suggestion if you are looking to buy pre-construction - GET AN AGENT!! Especially if the builders have a pre-registration for agents. Our clients get lots of free upgrades too, so it is a win-win situation....and you do not have to spend the night on Lakeshore and Parklawn!

FOR BUYERS: FREE HOME INSPECTION!!!!! FREE TITLE INSURANCE!!!!!

www.trustedlistings.ca

This weekend's Open House

Well, I will be at the same location as last weekend. 2406 Nichols Drive, Saturday, the 20th from 2-4 pm and Sunday 21st from about 2-5 pm. If you have any questions about this property please visit my website: http://www.trustedlistings.ca/

I hope to see you there!!!

Stephen

PUT YOUR HOME IN HANDS YOU CAN TRUST!!

INVESTMENT OPPORTUNITIES

AREA ANALYSIS: SOUTH OAKVILLE - WEST OF DOWNTOWN

WHAT IS THE TREND: South Oakville (south of Speers, in the Kerr, Dorval area) is starting to go into investment mode. Old small bungalows are being renovated and "flipped" for big bucks. There are opportunities everywhere - the key is finding them...

There are a few areas, more specifically that are becoming very popular. If you are interested in learning more send an e-mail to info@trustedlistings.ca