Opal Hustins Broker

Opal Hustins Broker

Opal Hustins's blog

Q2 House Price Survey and Market trends

Early this morning, Royal LePage distributed to the media its Q2 2020 House Price Survey and Market Survey Forecast which presents home price trends across 64 real estate marke

CMHC Mortgage changes...

THE CHANGES ARE EFFECTIVE JULY 1, 2020
Qualifying for a mortgage is about to get harder for anyone who doesn’t have at least a 20 per cent down payment for a home, which is likely to have an outsized effect on first-time buyers.
Canada Mortgage and Housing Corporation (CMHC) is tightening its rules to qualify for an insured mortgage.

Just the STATS!!!

Here are some general area stats.  I am always available to provide info for your specific/local area.  Just give me a call.

Mortgage changes - April 2020!!!! YEAH!!

GREAT NEWS ANNOUNCED TODAY FOR BUYERS with less then 20% down.....Effective April 6th, the Stress Test for Insured mortgages will be 5 year fixed median rate are + 2%

NOW IS YOUR TIME TO BUY!!!

 

https://www.canada.ca/en/department-finance/news/2020/02/a-new-benchmark-rate-for-insured-mortgages.html?fbclid=IwAR3zobMrXmDQOH2NYIqEib8FA06tVoSsSi3iecw5b-T3Q4JuxRd-hbworLE

Georgina plans for 2020

2020 will be Georgina's year of action.  Big news items from 2019 will continue.  Such as:

Airbnb's have been a hot topic from all sides.  The Town of Georgina has approved STRA's through a new licensing program.  At this point, the Town will only grant 150 licenses and has imposed a 100-metre buffer between each registered STRA.  There will be a Renter's Code of Conduct and demerit point system against STRAs for bylaw infractions....and what about the illegal ones????

OPEN HOUSE WEEKEND - 23 Delaney Drive, Ajax!

Join me on Saturday, December 14th between 1:00pm and 3:00pm to tour this wonderful gem!  Rare to have a bungalow in the Westney Heights, high-demand area of Ajax.  We will also have a time slot on Sunday between 11:30am and 1:30pm for touring.  Hope to see you then!

GTA REALTORS® Release October 2019 Stats TORONTO

November 5, 2019 – Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in October 2019. This result represented a 14 per cent increase compared to 7,448 sales reported in October 2018. GTA-wide, sales were up on a year-over-year basis for all major home types. “A strong regional economy obviously fuels population growth. All of these new households need a place to live and many have the goal of purchasing a home.

Open House - Sunday February 10 1-3pm

48 Douglas Street, Sutton. Come join us for a tour of this comfy family home that needs to be seen to be appreciated.  It is at the end of a dead end street, moreover, it is also located in a section of the street that only has 4 houses on it...2 on the north side and 2 on the south side.  Great for kids and those wanting nature at their door.  Hope to see you there.

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