Halton Home News - Fall 2014

  • The hot real estate market that we've seen in Toronto and surrounding GTA cities this past summer looks to be continuing its streak well into the fall. The record low mortgage rates that home buyers have been able to take advantage of over the past couple of years continues to be a fuelling factor in home sales across the GTA.
  • Spring is Time for Renovations in OakvilleHome Sales Continue to Stay Strong Well Into the Fall

    Real estate experts are expecting October and November to show home selling rates equivalent to those we've been experiencing since May of this year. Most likely, there won't be much of a downturn in home sales unless mortgage rates start to rise.

  • However, a slight rise in rates probably won't have much of an impact on home sales. Rather, a sustained upward trend will need to occur in order to significantly impact the real estate market in the GTA. Sales rose by 2.8% in the GTA in August 2014 from last August, and the average sale price of a home in the GTA increased by 8.9%, according to numbers reported by the Toronto Real Estate Board (TREB). While the market is still quite balanced between a buyers' and sellers' market, it could soon sway slightly in the sellers' favor.

Mortgage Rates Still Sitting at Lows
Home mortgage rates are lowAs mortgage rates rose slightly between June and September of 2014, many buyers were afraid that the rates would climb even higher, signifying an uptrend. As such, many home buyers jumped in the market and locked into a mortgage rate before they could be affected by a potential rise. So far, this uptrend has not materialized.

When a rise in mortgage rates does occur, it will most likely happen in a scripted manner, without any surprise hike. However, it's important to be able to keep an educated eye on these rates before they start to rise, especially for marginal home buyers who may find themselves unable to keep up with the mortgage after renewing at a much higher rate sometime in the future. The Federal Reserve will most likely start tightening in 2015.

Working With a Seasoned Mortgage Specialist is Your Best Bet
For this reason, home buyers need to ensure that they're working with an experienced mortgage agent who understands the ins and outs of the mortgage process, who follows mortgage rates as far as when and how they'll rise or fall in the near future. Let me help you make the jump from renter to home buyer. I can also show you how to pay your mortgage faster or help you get a home equity line to make big purchases, finance an education or pay down credit cards with high interest rates. Call me any time!

 

Whenever you are ready to move to your next dream home, call Leanne for a mortgage pre-approval. We also do mortgage renewals and mortgage refinancing.

Thinking of doing exterior or interior renovations on your home? We can also do a home equity line of credit so you can use the money you have in your home to invest in the upgrades. Call Leanne for details.

 

5 Easy, Quick Tips for Fall Home Decor

While you might be missing the heat of the summer months already, fall provides the perfect opportunity to add a renewed sense of style and decor to your home. If you're looking to add a little spice to your home's esthetics this fall, consider the following 5 tips to decorating with a natural flair.
1. Add subtle hints of a new hue to your existing color palette.
Fall mortgageOne of the best things about fall are the rich, vibrant colors. Yellows, oranges, reds and browns are wonderful, and are as close to a natural vibe as you're ever going to get.

These fabulous tones look incredible against a more neutral or even contrasting backdrop in colors like olive, taupe or even blue. Add these colors to your space with throw pillows, small area rugs, vases, and even picture frames to provide a warm, natural feel to your home.

2. Introduce more 'woodsy' elements to your space.

Nothing says "nature" more than natural wood. But you don't have to go all-out with this material in your home. In fact, you might even be able to find the perfect pieces from your local farmers' market, or even your own backyard! Simply pick out some small branches, grass and even moss, and fill unique pots with these items from the outdoors. You might even consider turning a bundle of twigs into a beautiful photo holder.
3. Celebrate Thanksgiving with some country touches.
Look for natural artwork, rustic wooden accent pieces, and even twine to celebrate the harvest season. Fill a wicker basket or clear glass bowl with miniature pumpkins and gourds and use it as your dining room table's centerpiece. Add some cozy blankets to your sofa and loveseat for an added touch of comfort.
4. Make your own home-made wreath.
Wreaths aren't just for Christmas. While this holiday season is already fast approaching (yikes!), wreaths for your front door can be hung throughout the year. For the fall season, make your own using materials like wheat straws, leaves, pinecones, twigs, and other materials you can find in the great outdoors. Add some decoration to them, such as holly, berries, or glitter ribbon that you can intertwine. You might even want to use them for framing your pumpkins, candles and other centerpieces!
5. Add a conversation area to a room.
Adding some seating around a fireplace makes for the ideal conversation area where you can get cozy and ready for some friendly fellowship. No fireplace? No problem. Just put a couple of sitting chaises in a corner with a small end table, add a couple of candles, a stack of good books, and voila! You've got the ideal conversation area!
Making your home look cozy and inviting also appeals to potential buyers. In the market to buy or sell? Make sure to contact Leanne Taylor to help you iron out all the mortgage details needed first! Visit www.HomeLoansOntario.ca today!

 

 

Real estate halton dinner table


Mortgage NEWS
Whether you are starting to shop for a new home, or have already found a home and need financing, we can walk you through the steps and show you various mortgage products available in Canada. 

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Fall is a great time to get out into the community with the family.  Here are a few of the great things happening in Halton/Hamilton/GTA
October:

Community Corner Halton Community Corner


Calendar

October 17-19 and 24-26.  Camper Halloween at Bronte Creek Provincial Park in Oakville

October 18, 19, 25, 26 Spooktacular - Mountsberg Conservation Area, Milton is proud to be part of Halton Region's Pumpkin Trail.  Enjoy the Haunted Play Barn, the pumpkin patch, pumpkin maze and pumpkin discovery hunt. 10am-4pm.  Wear a costume & get a hot beverage for free!

October 19 - Turkey Trot - Bronte Creek Provincial Park.  The Rotary Club of North Burlington is hosting its annual Turkey Trot Trail Race.  Start times are 10 am for the 5 & 10 km runs and 10:05 am for the 5k walk & Nordic pole walking.

October 25 - Tiny Tots on Parade - Downtown Oakville and Downtown Burlington.  Bring the little ones in costumes from 10am - 12 pm for treats from the downtown merchants.
November 14 - Tree Lighting Ceremony in Oakville's Town Square from 6-9 pm.

November 15, 2014 - The annual Oakville Santa Claus Parade begins at 9 am (rain or shine) in downtown Oakville.
November 23 - Historic Cooking Class at Ireland House Museum.  Make some Christmas sweets and treats from 1-4 pm.  Must pre-register.

November 28, 6-11:55 pm.  Spencer Smith Park in Burlington will host over 60 holiday light displays.
Wagon Rides and Carolers in Downtown Oakville - Saturdays and Sundays,

November 29-December 21, 2014.  Meet in the Towne Square from 11am - 4 pm.
December 7 2-4pm.  Downtown Burlington hosts its annual Christmas Parade.  Santa and friends come to town starting at 2 pm in the downtown area.

December  31 from 6-9:30 pm.  Bronte Creek Provincial Park hosts its annual new year's eve family skate with outdoor skating, bonfire, music and refreshments as well as the Public Coyote Howl.




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