Bolton's Annual Truck and Tractor Pull

By: GINA & ED RISI

Bolton's Annual Truck and Tractor Pull

Tags: bolton, fall fair, things to do, tractor pull

Have you ever attended the Bolton Truck and Tractor pull? Are you looking for a fun time for the whole family? Then you must check out Bolton’s 39th annual Truck and Tractor pull Friday June 23rd at the Albion Bolton Fairgrounds on Hwy 50 in Bolton. This event is one of two large events, the other is the Fall Fair, that the Albion & Bolton Agricultural Society puts on and prepares for mo...Read More

The CIty of Vaughan Public Works Day

By: GINA & ED RISI

The CIty of Vaughan Public Works Day

Tags: kleinburg, vaughan, homes, sale, listings, open house

On Saturday, May 27th, the city of Vaughan will host an event informing citizens about the Public Works provided by the city as a part of National Public Works Day. From 10AM until 2PM, come in to the Joint Operations Centre on Rutherford Road to find out if the city of Vaughan is a good fit for you. This year’s theme is “Public Works Connects Us”. This free event will include ch...Read More

By: GINA & ED RISI

Does the Ontario Budget affect your Real Estate Purchase?

Tags: budget, real estate investment, non-resident, tax, ontario, home purchase

The Ontario Government has just introduced the first balanced budget since 2008. You will recall that 2008 was our biggest real estate correction and our US counterparts faced the largest housing down turn in our recent history. Some would say this budget is was balanced on the onetime sale of government assets and payments made to Ontario by the Canadian Government. In times of economic downturn,...Read More

By: GINA & ED RISI

Sub Prime Mortgages and Canadian Lenders

Tags: mortgage, sub-prime, home ownership, buying home,

Do you recall the housing bubble bursting in 2008?  Our friends to the south really suffered and we made out scott free, for the time being. Recently Home Capital Group, a non-prime lender (sub-prime) https://betterdwelling.com/one-canadas-largest-mortgage-lenders-just-imploded-heres-happened/  ...Read More

Rental Protection

By: GINA RISI

Rental Protection

Tags: rental, real estate, ontario government, fair housing plan

This was taken from the Ontario Government website. As part of the Wynne Government's plan to cool the housing market, they are proposing a limit on rental rate increases for private rentals. Learn more about the Residential Tennacies Act.  Ontario has introduced new legislation that would, if passed, help keep rental housing costs predictable and affordable while strengthen...Read More

Can Government Intervention Cool the Market?

By: GINA & ED RISI

Can Government Intervention Cool the Market?

Tags: fair housing plan, real estate market, affordable housing,

Here are some quick facts taken from Ontario Government website Quick Facts After two consecutive years of double-digit gains, average house prices in the Toronto region reached $916,567 in March 2017, up 33.2 per cent from a year earlier. RBC Economics recently highlighted that housing affordability in the Toronto area for the fourth quarter of 2016 was at its second-worst level on reco...Read More