Web www.GCYArticles.com

GCYArticles.com is an Article Directory featuring thousands of articles written by the Internet's top authors

Search Article Directory:



Or browse through our library of Articles written by the Internet's top authors

 
Thousands of expertly written Articles
Free Content for your website, ezine, and newsletters
Daily Updates
Receive article updates via RSS Feeds
Real Time and Weekly notifications of New Articles

 
Generate massive publicity for your web site
Potential readership of millions for your articles
Increase your traffic and sales
Boost your reputation, credibility, and name recognition
Become known as an Expert in your field

Home | Finance | Real Estate

Click the XML Icon Above to Receive Real Estate Articles Via RSS!

Print This Article

Post Comment Add To Favorites Email to Friends Ezine Ready

The Economy Heats Real Estate - The Latest Results Prove It

By: Rob parker

Recently, The Globe and Mail reported that “the Canadian economy is suddenly looking a lot hotter.”

It goes on to say: “A potent confluence of events suggest money is flowing fast and thick in Canada, pressuring prices and stimulating economic growth.”

Part of the driving force for this is enormous government spending committed in recent budget announcements.
The economy is one of the most powerful influences on the real estate market. While a strong economy does not encourage lower interest rates it does provide the capital and confidence for investment.
The mortgage market continues to become more competitive with recent announcements providing better mortgage funding for investment properties. Now high ratio lending to 90% is available and full income from the investment is taken into account in calculating the debt ratio. This news combined with longer amortization periods (up to 40 years) creates an awesome opportunity for owners of income properties.
Furthermore, Re/Max Ontario recently reported that “entry-level buyers continue to be a driving force in real estate. Their undaunted enthusiasm is expected to translate into sales at or ahead of last year’s record levels in the Spring of this year.”

It continues, “Low interest rates and solid economic performance in most major Canadian centres have also played a substantial role in providing purchasers with the confidence to go out and buy their first home. “

Locally in Georgetown Ontario, homes are selling very well and we seem to be enjoying a buoyant market. The number of sales this year to March (2007) over last March has increased slightly. However there were fewer listings. More listings are needed to take advantage of this market.

Remember, listing a home can be done by any agent….Selling at a great price can only be done by excellent Marketing, Pricing and Negotiating so pick your real estate agent wisely.

Article Source: http://www.gcyarticles.com

For more information on this article or Halton Hills homes for sale, visit Halton-Hills-RealEstate.com

Please Rate this Article

 

Not yet Rated

Powered by Article Dashboard