David Zalepa
David Zalepa Prudential By-the-Lake Realty Your Real Estate Connection

Things to Watch


 

April - Mortgage Rule Re-Set

June - Interest RateBump?

July - H.S.T comes into effect


 

 

  


There are currently no Announcements.
 

Welcome DavidZalepa.com


 

 

MARCH 2010

Burlington Sales Statistics for February 2010

Number of Sales and Pending Sales= 313

Average Sale Price = $381,837 

These statistics are based on Burlington sales only and do not include any exclusive or private transactions. Statistics are providedby the Realtors Association of Hamilton and Burlington. Prudential By The Lake Realty, Brokerage nor its representatives assume any responsibility for any errors.

 Bubble ? Or Investment Appreciation ?

Seems not everyone likes good news. As positive headlines of the recovery continue, there  are " bubble theorists " who pointto the "huge" year-over-year percentage increases as clouds on the housing market horizon.

The cooling and then last year's recovery is today making for dramatic year-over-year comparisons. Because we are now past last year's lowest points, we will no longer see the dramatic percentage jumps. Come the summer when we see smaller percentage increases, it will not mean that things are worse, it will simply mean that growth is onceagain following expectations. 

The Federal Government has introduced 3 new lending rules that will affect high-ratio mortgages. That is where financing is 80% or more of the property's appraised value. These changes focus on maintaining healthy growth. To learn more abouot these new rules and regulations I invite you to call me. 

 

 

 

The first quarter of 2010 looks like it will be an active real estate market with low interest rates and optimistic economic predictions for the future.

The Spring Market is here now ! If you are planning to make a move this year it is never to early to begin planning.

Please conatct me with any feedback or questions you have regarding real estate.

 

Important consumer web sites.

www.realtor.ca See all the properties for sale in Canada

www.fintrac.gc.ca  Click on real estate

www.reco.on.ca The Real Estate Council of Ontario

 

Whether you are buying or selling a home, I welcome the opportunity to meet with you and discuss your real estate needs.

Looking to buy a home? Call me today and I will explaine how a realtor can save you time and money to find that perfect property. Feedback is important, if you have any comments or suggestions please do not hesitate to e-mail me.

Sincerely,

David Zalepa
Prudential By the Lake

"YOUR REAL ESTATE CONNECTION"

 

Sold Over Asking Price !


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