Archive for ‘April, 2005’

The only solution to the grow house problem

The only solution to the grow house problem

By Heino Molls – The problem of grow houses has reached a point
where real estate associations and companies are spending thousands of dollars
to assist Realtors in dealing with them in Canada and the United States. These
initiatives wisely teach what grow houses are and how to deal with them.
Not
how to stop them.No matter what we do, [...]

Real estate bubbles

Real estate bubbles

The ups and downs of the real estate market are nothing new. Because real estate is bought mostly with borrowed money, the unusually low interest rates have prompted buyers to snap up properties during the last few years. This resulted in a sellers’ market and rapidly increasing prices.

Consequently, property assessments have also gone up. [...]

Letters to the Editor: The case for 'One Big MLS' in Ontario

Letters to the Editor: The case for 'One Big MLS' in Ontario

We have an interesting situation where members of the public have good access to all or most MLS listings in Ontario (and Canada) through the CREA web site, www.mls.ca. Some people in the real estate industry feel that the site is merely an advertising medium rather than a true MLS, but that would seem to [...]

Housing risks overblown, says TD

Housing risks overblown, says TD

A report from TD Economics says risks in Canada's housing market are exaggerated. It says concerns about a housing bubble, overly leveraged homeowners and a crash in the condo market are overblown, and that housing is still a solid long-term investment.

“Canada's red-hot housing market is on a solid foundation because there is very little evidence [...]

Broker charged with sexual assault of employees

Broker charged with sexual assault of employees

The Peel Regional Police Child Abuse and Sexual Assault Bureau has arrested and charged a 44-year-old real estate broker in a series of sexual assaults on former employees.
Akbar Zareh of Re/Max Realty One Inc. has been charged with four counts of sexual assault and one count of assault.
Police say the victims are two 21-year-old [...]

CREA earmarks $100,000 to survey Canadians

CREA earmarks $100,000 to survey Canadians

By Kathy Bevan
The Canadian Real Estate Association will survey Canadian consumers to see how aware they are of the differences between mls.ca and MLS, or if the mls.ca website should be rebranded.  The Toronto Real Estate Board (TREB) brought forward a proposal to rename mls.ca at CREA’s April 2005 General Assembly.
TREB’s proposal was based [...]

Regina first to use new lockboxes

Regina first to use new lockboxes

Members of the Association of Regina Realtors began using new key lockbox access technology in Regina and area at the beginning of March. The technology provides additional security for home sellers and fast online showing information for listing agents and their sellers, the association says.
The new system, supplied by Supra Key Control of Ottawa, [...]

Binnie and Simmons expand Royal LePage in B.C.

Binnie and Simmons expand Royal LePage in B.C.

Royal LePage brokers Bill Binnie and Chris Simmons have acquired Pebbles Realty Ltd. in Gibsons, B.C., and are opening a new office in Sechelt, B.C. Both offices will operate under the name Royal LePage Sunshine Coast. Binnie owns Royal LePage Westside and Simmons owns Royal LePage Northshore in Vancouver. They co-own Royal LePage City Centre [...]

Royal LePage Smithville office expands to 322 sales reps

Royal LePage Smithville office expands to 322 sales reps

Royal LePage Niagara Real Estate Centre Smithville has merged with Country Town Realty Inc., which has served the Smithville and area market for 12 years. The merger increases Royal LePage Niagara Real Estate Centre Smithville's market share by approximately 50 per cent in Smithville, the company says. Country Town Realty will join Royal LePage at [...]

Family affair in Pembroke and Petawawa

Family affair in Pembroke and Petawawa

Ownership of the Century 21 franchises in Pembroke and Petawawa, Ont. is a family affair. Four members of the Neville family are at the helm of Century 21 Neville Realty. “The success of the office will really be a team effort. My mother, Gloria, who has over 24 years of experience and my brother, Mike, [...]

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