Hamilton/Burlington Real Estate News - SEP 2024
119 Donald Bell Dr. in Binbrook
Welcome to 119 Donald Bell Drive in Binbrook. This Pristine, Meticulously Maintained Freehold Townhome is Located in One of the Most Sought After Sites! Built by Losani Homes this Townhome has an Open-Concept Main Floor that Provides Vibrant Space, Luxury Living Room, Modern Open Concept Kitchen that Features Upgraded White Cabinetry, Top-of-the-Line Appliances, Quartz Countertops, Large Island, and Ample Cupboard Space. An Elegant Staircase Leads Upstairs to an Upgraded Carpet-Free Second Level with Vinyl Flooring Throughout. Spacious Primary Bedroom Features a 5-Piece Ensuite/Ensuite Privilege Bath, Along with a Over-Sized Walk-In Closet and Large Window for Loads of Natural Lighting. Second Floor Also Offers 2 Additional Bedrooms and Bedroom Level Laundry. Interior Access to Garage. Fully Finished Basement with a 2-Piece Bath and a Huge Recreation Room that Gives You Plenty of Space for Family Entertainment. Live large in a Small Town and Minutes from City Amenities,
10 Crossings Way in Stoney Creek
Located In Desirable Stoney Creek Mountain. Conveniently Located Minutes Away From The Redhill & Linc Expressways, Grocery Stores, Schools, Shopping, Conservation Areas And Hiking Trails. Features Include; 3 Bedrooms, 2.5 Bathrooms, 2 Parking Spaces (Garage And Driveway) With Plenty Of Visitor Parking, Open Concept Layout, Hardwood Flooring Throughout, Loads Of Natural Light, Bedroom Level Laundry, Beautiful Kitchen Featuring Granite Counter Tops with 4 Stainless Steel Appliances & the 2 Bathrooms on Second Level have the Luxurious Granite Counters. The Sliding Patio Leads To the Backyard With Adequate Outdoor Living Space. (id:374)
88 Broadway #304 in Toronto
Welcome to the 88 on Broadway Avenue Unit #304, This 2 Bedroom + Den Condo with 2 Bathrooms Features a Granite Counter Kitchen with Stainless Steel Appliances and Plenty of Counter Space. The 9'Ceilings and Upgraded Hardwood Throughout Allows You to Enjoy its Beauty Without the Hassle of Constant Upkeep and Creating a Sense of Richness that Resonates Throughout in Every Part of Your Living Area. The Primary Bedroom has a Walk in Closet and a Four Piece Bathroom. It has Amenities that Include: 24/7 Executive Concierge, Fully Equipped Fitness Studio with Top of the Line Cardio Equipment, Steam Room, Whirlpool and Swimming Pool, Party Room with Gourmet Catering Kitchen, Entertaining 9th Floor Outdoor Terrace with BBQ Facilities, and Children's Playground. This Unit #304 Includes One Parking Spot and 1 Locker Underground. Come and Experience Urban Sophistication and Elegance at the 88 on Broadway Unit #304, where Luxury, Convenience, and Style Come Together to Redefine the Art of City Living.
Bank of Canada Rate Update
Bank of Canada announces third consecutive policy rate cut.
The Bank of Canada reduced its target once again for the overnight lending rate from 4.5% to 4.25%.
The move was announced on Wednesday, September 4, and was widely expected by financial markets, making it the Bank’s third rate reduction since the onset of the pandemic.
Canada’s economy picked up in the second quarter of 2024, according to the Bank of Canada, although early indicators show a softening in economic activity. The Bank also stated the labour market continues to slow.
The Bank of Canada continues to focus on elevated housing costs as a significant contributor to inflation; however, it also mentioned both headline and core measures of inflation have moderated and are close to historical norms.
Although excess supply in the economy is helping to lower inflation, the Bank is also monitoring housing and services costs that are pulling inflation in the opposite direction.
The Bank stated future monetary policy decisions "will be guided by incoming information" and its assessment of whether further rate cuts are necessary to keep inflation in check.
The Bank of Canada will make its next scheduled interest rate announcement on Wednesday, October 23 and will publish its full outlook for the economy and inflation in its next Monetary Policy Report at that time.
Getting the Most Out of Your Agent
Teamwork makes the dream work when you’re out on the hunt for a home!
The relationship between you and your real estate agent should always be honest and productive, which is why having an open line of communication is critical to ensuring a win-win partnership!
Once you’ve discussed and agreed on your agency relationship, it’s time to nail down some effective communication strategies. Communication is a two-way street, so both parties need to be open and honest from day one.
Start by setting clear communication preferences. For example, decide whether you prefer to be contacted via text, email or phone and let your agent know if there are specific times you'd rather not be contacted.
Also, be clear on which features are essential for your new home. Ranking your priorities will help your agent conduct a much more targeted search that will produce more relevant results.
That said, it’s important to always keep an open mind as it can be a good idea to “look outside the box” and consider homes that don’t always entirely match your criteria.
If you're selling your home, make sure you point out any aspects of your home that could either help or hinder the sale. Agents can offer great advice on staging so show them everything no matter how insignificant.
For instance, that tiny crawl space that you weren't even thinking of mentioning which is packed full of storage could be marketed as a unique selling feature that buyers could fall in love with!
Finally, let your agent know if your needs change and don't ever hesitate to ask questions. If for whatever reason you're not completely satisfied with the way things are going, be completely honest so you can resolve the problem straight away before any hasty decisions are made.
The key to any successful relationship is communication, and the partnership between you and your agent is one that will hopefully last a lifetime, so it’s important to get it right.
With that in mind, please don’t ever hesitate to get in touch with any real estate questions you may have. That’s what I’m here for and I’m always happy to help!
The Feng Shui Way
Creating good feng shui around your home is easier than you may think!
Feng shui is a centuries-old Chinese method for designing the layout of your home to create a balanced environment that promotes happiness and prosperity.
The best part about this design style is that it’s easy and doesn’t cost a fortune. Here are a few ideas on how to improve the overall feel of your home:
The Right Path
Place a few plants on your porch and make sure the path to your front door is unobstructed and welcoming.
Foyer Flow
The entryway of your house should be bright, clean and clutter-free as it sets the tone for the rest of your home.
Cut the Clutter
Fix or get rid of broken items in your home as they can contribute to a cluttered or uninviting atmosphere that breeds negativity.
Power Plants
Add a touch of nature to your home with a few houseplants. Lucky bamboo, jade plants and peace lilies are great choices!
Clear the Air
Open up your windows to let in fresh air and maximize natural light for a more refreshing and uplifting environment.
Mirror Mirror
The strategic placement of a few mirrors can help expand smaller areas and draw extra light into darker rooms.
Feng shui suggests that our physical surroundings have an impact on our emotional well-being, which is why it’s important to be aware of how we arrange our space.
Buyers often feel certain vibes when they enter a home, so if you’re thinking of selling anytime soon, a harmonious feel could be the difference between a quick sale and one that drags on.
Charity of Hope Golf Tournament
