Kanata Real Estate Listings.com

Expect Housing Starts to drop by 24% in 2009

By Garry Marr, Financial Post with files from Bert Hill Canada Mortgage and Housing Corp. says the downturn in the economy will drive home construction to a nine-year low in 2009, a marked decline from the Crown corporation's November forecast. But Read More...

What does Dalton McGuinty's energy audit mean for homeowners?

Ontario's governement introduced what they call the "Green Energy Act" today. Part of this plan calls for homeowners to obtain an energy audit before they put their house up for sale. So far, we don't know when this audit will be mandatory. Read More...

Current Mortgage Rates

Market Comment Here is a summary by Lynn Fraser of Mortgage Intelligence, whom I personally endorse. Long term rates have dropped to hit 50 year lows with several lenders in the 4.29-4.39% range on 5 year funds. Variable rate mortgages are running around Read More...

Beware of Mortgage Tax Deduction Claims

Here's another great article by Bob Arron: Earlier this month, the Supreme Court of Canada issued a decisive ruling that clarifies once and for all that the interest paid on a mortgage taken out to purchase a principal residence cannot be tax deductible Read More...

Mortgage Fraud and Illegal Power of Attorney Document

Here's another great article by Bob Arron. The fallout from mortgage fraud cases in recent years continues to occupy the attention of lawyers, judges and the innocent parties involved. Back in 2006, Paul Reviczky rented out a house he owned on Sheppard Read More...

Faulty Furnace Undisclosed on Purchase of Agreement

Here is a good article by Bob Arron that decribes the importance of having a Home Inspection done. A recent decision of the Small Claims Court in Winnipeg illustrates whether the buyer or seller is responsible for damage to a home, which is discovered Read More...

How did the Ottawa housing market do for January?

This is a good article from the Ottawa Citizen by Bert Hill Ottawa housing resales fell 18.7 per cent in January as nervous buyers continued to be distracted by a global recession. The biggest decliner was bungalow sales, off 26 per cent. Two-storey houses Read More...

Ottawa housing starts fall 18% in January

Another good article by Bert Hill of the Ottawa Citizen Ottawa housing construction starts fell 18 per cent in January as contractors cut back in the face of a troubled economy. Canada Mortgage and Housing Corp. said Monday there was a significant decline Read More...