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Archive for April, 2010

Curb Appeal Starts With A Healthy Lawn

Thu, 22nd April, 2010 - Posted by Sean Kavanagh - (0) Comment

Have you been fighting the battle of the weeds, brown patches, or sprawling clover? Well, we will look at some lawn care strategies that will help revive your grass into a full, lush, green, weed-free lawn! When real estate professionals talk about curb appeal, it starts with the lawn. Now that spring is upon us and more people are heading out into the yard to tackle the issues left over from a long winter, I have decided to help you out with some tips to regain the health of your lawn.

1) Never cut the grass too short! Leaving the grass longer protects the plant from the sun, keeps it strong and helps resist from weed and clover growth. A thick lawn is the best defence against weeds. Never cut the grass in extreme heat or water shortage as the short grass will burn and kill the plant.
2) When you cut the grass, do not rake or remove the clippings from the lawn. The clipping help keep the moisture in the soil and add nutients back into the ground.
3) Water in the early morning or early evening to increase absorption into the soil and to avoid evaporation from the sun.
4) Speaking of watering, remember to water well! The water needs to penetrate the roots and when the lawn is watered well, you can expect the grass to bounce back.
5) Reseed the lawn every spring and add fertilizer or enriched soil to help out the process.

Following these helpful tips will ensure your grass grows into a full, lush, green lawn.

For more information on buying or selling real estate or if you have questions about current market trends, mortgages or interest rate information, please visit me again on my website www.seansells.ca or call me at 905-220-9198 and I’d be glad to answer any questions to accommodate all of your real estate needs.

Category : Burlington / Home Improvements

Bank of Canada raising interest rates sooner than expected

Wed, 21st April, 2010 - Posted by Sean Kavanagh - (0) Comment

The Canadian dollar posted its biggest single-day gain since July as the Bank of Canada warned that it will be raising interest rates.

As the economy continues to recover, the raising of interest rates is just around the corner in an attempt to slow inflation.
The bank’s “extraordinary policy” of ultra-low rates was introduced to boost the economic recovery, but as the banks feel we are well into the recovery, it is now predicted that a June rate hike is now “likely,” and that the central bank is clearly much more concerned about inflation than previously indicated.

Competing pressures

Bank governor Mark Carney is juggling competing pressures: the need to control inflation with a higher rate; the need to keep the cost of loans low to encourage business and consumer borrowing; and the strong dollar. Although Carney expressed concern about inflation in March, the bank said it is expecting the rate to ease slightly in the second quarter, and remain slightly above the target two per cent rate this year before easing in the second half of 2011.

This is just one of the signs telling us the best days to buy real estate may be coming to an end. I hear buyers talking about ‘waiting ‘til the market bottoms out’, but that may have already past. The funny thing about the bottom of the market is that you never know it is the bottom until it starts go back up again!

For more information on the recent changes to buying and selling real estate in Ontario, please call today at 905-220-9198 or email sean.kavanagh@century21.ca

Category : Market Updates

More young Canadians taking advantage of low interest rates in housing market

Wed, 21st April, 2010 - Posted by Sean Kavanagh - (0) Comment

Younger Canadians are expected to lead the way with home buying this year as they take advantage of low interest rates, new jobs and what they consider “good prices,” a bank survey says.

The survey for the Royal Bank suggested that 15 per cent of Canadians between the ages of 18 and 24 were very likely to buy, almost double from eight per cent in 2009. “Our poll found that 35 per cent of younger Canadians, between the ages of 18 and 24, are intending to buy a home due to good real estate prices,” Marcia Moffat, RBC’s head of home equity financing in Toronto. The survey also found 22 per cent in that young age group wanted to buy a home because they considered interest rates were good.

CIBC World Markets senior economist Benjamin Tal said more young people are getting into the real estate market, taking advantage of low interest rates, lower down payments and more years to pay off their mortgages. “Basically parents are begging their kids to buy now because they remember when they were paying 12 to 15 per cent mortgage interest,” Tal said. There is even a greater urgency now that the banks are raising interest rates, July brings the HST and the government will be making it harder for first time home buyers by increasing the minimum down payment for a home to 10% from 5%.

I’m not sure if it is confidence in the real estate market that is causing this to happen or if it a reaction to these new factors that are having young Canadians jumping into the market. If buyers were planning to buy in the next year or two, they may be trying to push up their purchase date to avoid the new down payment laws, the HST hit and the increase in interest rates. By jumping into the market now could save a buyer thousands of dollars down the road.

For more market information or details on the new regulations, please contact me at 905-220-9198 or sean.kavanagh@century21.ca.

Category : Market Updates

Listed and Sold in 1 Day! – Stunning Orchard Open Concept Beauty!

Mon, 5th April, 2010 - Posted by Sean Kavanagh - (0) Comment

Stunning Orchard Open Concept Home. A spacious Master with ensuite and walk-in closet. 3 bed/3 bath. Large kitchen with updated island. Walk out from kitchen to landscaped backyard with stone patio, gas hook-up for BBQ, gas fire pit and shed. Great yard for entertaining. Main floor family room with gas fireplace. Bedroom level laundry, separate dining room, double garage with inside access. Close to schools, shopping, transportation and highways. Come see it before it’s SOLD!

Please contact me at 905-220-9198 for more details.

Category : Sold

Coming Soon! Open Concept Urban Living

Mon, 5th April, 2010 - Posted by Sean Kavanagh - (0) Comment

Urban living in this popular Riverdale neighbourhood. Steps to transportation, minutes to downtown! 2 bedroom, 2 bathroom townhouse with private terrace with beautiful views of the Toronto city skyscape. Upgraded kitchen countertops, cabinets and backsplash with all stainless steel appliances. Full of windows for tons of natural light, parking included, and gas hook up on terrace for BBQ and some of the lowest fees in the city!

For more photos of the property, CLICK HERE For a Photo Slideshow

Please call me today for more details on this great property!

Category : Real Estate
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