Blog
2017 Sales Results are In!
Many thanks to our valued clients for your trust and your referrals over the past twelve months. Because of you, we are thrilled to have received the Diamond Award for sales performance in 2017. In fact, we ranked #3 by production and #3 team overall in 2017. We love what we do and we could not […]
TEAM Masterson Now Members of “Who’s Who in Luxury Real Estate”!
Most who know us, know that we would work with a full range of client sellers and buyers, from condos to castles. So, we’re very excited to share that we’ve recently been offered membership to the “Who’s Who in Luxury Real Estate.” The group is a worldwide collection of top brokers and salespeople representing the finest properties […]
Canadian Home Sales Edge Up
Canadian Home Sales Edge Up Ottawa, ON, November 15, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels recorded one year ago. Highlights: National home sales rose 0.9 per cent from September to October. Actual (not seasonally adjusted) activity […]
OSFI Will Be Introducing a New “Stress Test” for Uninsured Mortgages (greater than 20% down payment) Effective January 1, 2018.
The Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for the mortgage industry, which include a “stress test” for uninsured mortgages. Home buyers with 20% or greater down payments will need to qualify for their mortgages using the higher of the average 5-year posted rate (currently 4.89%) or 2.00% higher than their actual mortgage […]
Understanding Ontario’s Real Estate Boom – Presentation by Craig Alexander
On Wednesday, September 27th, we had the privilege of attending a presentation given by Craig Alexander, the Senior Vice-President and Chief Economist at the Conference Board of Canada. For a bit more insight into the Conference Board and Mr. Alexander’s background, click here. The subject of the presentation was ‘Understanding Ontario’s Real Estate Boom.’ We […]
Bronte Village Mall Redevelopment
Here’s a brief synopsis about the redevelopment of the Bronte Village Mall for anyone that missed the August 30th meeting. The site has been approved for an attractive, tiered luxury rental apartment complex complete with a market square and select retail. We can expect the demolition of the mall with the exception of the […]