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Merv Edinger & Associates

Latest mortgage rates from Nova Nortgage

MyMortgagePros.comWelcome to the February issue of the News & Rate Advisor.
Current Discount Mortgage Rates Feb 2012
Variable Rate 2.80%
1 Year 2.89%
2 Year 2.99%
3 Year 3.09%
4 Year 3.19%
5 Year 3.29%
7 Year 3.99%
10 Year 4.49%
Prime Rate 3.00%
* Rates subject to change and OAC.

Canadian Qualifying Rate Feb 2012
Rate 5.14%
Source: Bank of Canada

Current Posted Mortgage Rates Feb 2012 Feb 2011 Feb 2010
1 Year 3.20% 3.50% 3.60%
3 Year 3.95% 4.35% 4.15%
5 Year 5.14% 5.44% 5.39%
Source: Bank of Canada

Nationwide Building Permits. Dec 2011 Dec 2010 Dec 2009
Residential $4,470,717,000 $3,742,934,000 $3,837,709,000
Commercial $2,376,879,000 $1,911,467,000 $2,122,994,000
Total $6,847,596,000 $5,654,401,000 $5,960,703,000
Source: Stats Canada - preliminary figures

Current Bank & Prime Rates Feb 2012 Feb 2011 Feb 2010
Bank Rate 1.25% 1.25% 0.50%
Prime Rate 3.00% 3.00% 2.25%
Source: Bank of Canada

Average House Prices by Province Dec 2011 Dec 2010 Dec 2009
National $347,801 $344,551 $337,410
Yukon $343,284 $336,698 $231,167
Northwest Territories $368,543 $375,218 $271,963
British Columbia $513,583 $523,990 $495,903
Alberta $351,350 $341,999 $350,896
Saskatchewan $259,641 $241,971 $240,271
Manitoba $259,453 $232,648 $201,722
Ontario $356,338 $343,257 $331,410
Quebec $267,342 $256,106 $235,904
New Brunswick $153,089 $142,813 $148,559
Prince Edward Island $128,106 $144,327 $131,227
Nova Scotia $224,508 $211,971 $200,194
Newfoundland $258,750 $255,517 $231,107
Source: CREA - Most Recent Month Reported

Average House Prices by City Dec 2011 Dec 2010 Dec 2009
Yellowknife $368,543 $375,218 $271,963
Vancouver $689,057 $700,773 $627,582
Victoria $469,484 $496,814 $522,211
Edmonton $315,658 $310,885 $319,201
Calgary $392,661 $381,308 $394,300
Saskatoon $312,834 $300,693 $291,554
Regina $273,919 $251,690 $241,644
Toronto $451,436 $433,887 $411,931
Hamilton-Burlington $315,940 $324,590 $285,795
Ottawa-Carleton $335,330 $325,031 $311,604
Quebec City $250,888 $249,964 $231,235
Montreal $320,808 $304,684 $285,356
Fredericton $168,580 $142,642 $136,999
Saint John $162,859 $165,770 $178,037
Halifax-Dartmouth $254,228 $273,182 $246,380
Winnipeg $268,977 $239,183 $209,963
Source: CREA - Most Recent Month Reported


NOVA Mortgage

7 Mellor Ave Unit 1 Dartmouth N.S

Matt Cell 902-237-4472

Roger Cell 902-478-7909

Fax 902-434-1462

roger@novamortgage.ca

matt@novamortgage.ca

Thinking of selling your home? Call me! We have qualified buyers looking for...

remax nova halifax real estate

Hello! Thank you for visting our blog. We have qualified buyers who are currently looking for the following:

1) A semi-detached home in Eastern Passage-Dartmouth

2) A 1 or more bedroom condo or home on the Halifax penninsula with a deeded parking space & a balcony or outdoor area for under $250,000

3) A bungalow in Portland Hills for under $380,000

4) A home with a double detached garage for under $310,000 in Dartmouth, Fall River, Enfield, Elmsdale areas

5) A 3-4 bedroom home in Colby, Woodlawn, or Forest Hills upto $250,000 prefer that it not be a bungalow.

6) A 3-4 bedroom 2or more bath home within 45-60 minutes of downtown Halifax with stables, barn for horses & is appropriately zoned for keeping them.

Please keep in mind that we are aware of homes currently listed on the mls system & we do charge a commission for our services plus, unfortunately, HST.

If your home meets any of these needs & you are considering selling, please give us a call at ( 902 )497-1217 with the details regarding your property.

Thank you again for your consideration,

Merv Edinger & Associates

http://www.MervEdinger.com

Do open houses sell homes? ABSOLUTELY!!

Many real estate agents tell their sellers that open houses are a waste of their time because they don't sell the home. However, these real estate agents are only looking at open houses from the possibility of themselves picking up the buyer for the home.

I look at them differently. It is true that I rarely pick up the actual buyer for the home a am doing the open house on, but I DO often find THE BUYER, who has their own agent, for that home. Often, seeing other buyers actively looking at a home, hearing their comments, will strike a chord with a buyer & create the urgency to get their offer in on the home. Even yesterday, I held an open house on one of my listings. A buyer came through. Then they returned with their parents for a second look. Within 30 minutes of having left the open house, I had received a call from their agent to get back in with them in the evening. And they tell us that they will be writing an offer this evening.

Do open houses work? Absolutely! Are they worth my time? Absolutely. If it results in a sale for my clients then it is worth my time as that is the reason they hired me. It is just a tool in the toolbox for marketing the property & myself.

Re/Max Nova is excited to announce a great honour.

remax listingsWe are very excited & proud to announce that REMAX nova has just been awarded the

REMAX Ontario-Atlantic

"Broker/Owner of the Year Award"

This caps off what was an exciting year for our company in 2011, but it is also a great way to start what promises to be a terrific 2012!

A special THANK YOU! to each of you, our REALTORS, for representing us so well over the past twelve months... And of course THANK YOU! to our administration team who are such an efficient and professional group. Without all of your efforts this distinction would not be possible & more importantly, this business would not be near as fun!

Steve & Stephen are flying home from Toronto with the hardware as we speak.

Once again, a sincere thank you to all of you for your continued support.

Ryan, Fran, Stephen, Steve & al.

Earlier today at the RE/MAX Ontario-Atlantic Canada Inc. Broker/Owner & Manager Meeting, Steve Allard and Steve Bellfontaine, Managers of RE/MAX Nova , spoke to their success at RE/MAX: “Great to see an amazing change and what happens when you have a great brand behind you!” In the last 2 years, Allard and Bellefontaine doubled their agent count.

We would also like to congratulate all the RE/MAX Ontario-Atlantic Canada Inc. Broker/Owner's and Managers who received an award today! Thank you for all that you do and making RE/MAX the #1 brand chosen by consumers!

Manager of the Year
Shirley Porter, RE/MAX Premier Inc.

... Broker/Owner of the Year - Multi Office
Steve Allard and Steve Bellefontaine, RE/MAX Nova

Broker/Owner of the Year - Large
Dave Coppins, RE/MAX Jazz Inc.

Canadian Breat Cancer Foundation - Large Market
Wayne Quirk, Phyllis Gleeson, and Marlene O'Hara, RE/MAX Garden City Realty Inc.

Canadian Breat Cancer Foundation - Small Market
Marilyn and Jason Ruttan, RE/MAX of Wasaga Beach Realty Inc.

Children's Miracle Network - Large Market
Richard Pilarski, RE/MAX Realtron Realty Inc.

Children's Miracle Network - Small Market
Dan and Steve Stoutt, RE/MAX Orillia Realty Inc.

Snowbirds enjoy your trip South but is your house insured while you are away?

home sitting services - home insurance - Remax Nova

Like many Canadians, I too enjoy escaping the harsh Winter months for some R & R, sunshine, & a break from the snow. We often spend hours scouring the internet for the best price & best place to vacation, make all the travel plans, stop the paper delivery, figure out what to pack, do you need that new bathing suit... However, have you ever checked your home owner insurance policy to see how often & who is required to visit your home? Did you know that many policies require that someone visit & log/document the visit every 48 hours? That without proof, your policy could be voided should, heavens forbid, a disaster occurs in or to your home. So should your brother-in-law or neighbor forget or put off visiting your home for that one extra day, & a fire should break out or a pipe leak, your insurance company may not cover your home for damages because it was not checked on within the required time frame &/or properly documented.

In Nova Scotia, we are very lucky to have a service being offered to us by the Commissionaires.

If you are planning an extended vacation or business trip & are concerned about the safety of your property but would rather not impose on family and friends to watch over your home, Watching Your Home While You're Away can help!

Locally owned and operated, Watching Your Home While You're Away is a visitation and inspection company that verifies home safety during a homeowner's absence. Great for vacationers, business travelers, relocations while your home is still on the market, etc., Watching Your Home While You're Away creates a custom program for each client, ensuring that the needs of your property will be met while you are away.

Watching Your Home While You're Away is fully licensed and bonded and we conduct security and background checks on all of our employees. Our home watching services reduce the opportunity for theft and give you peace of mind, knowing that your home and property are being cared for while you are away. All contracts with clients are confidential and clients will receive a report and service log when they return.

Offering trustworthy home watching services in Halifax, Dartmouth, Sackville, Bedford and surrounding areas reaching nearly all of NS. Rates start at just $25 per visit ( as of January 2012 ). For more information on these services, please visit http://watchingyourhome.ca.

Some of the services that they provide include:

  • Check exterior perimeter of house
  • Check for visible water leaks
  • Check all windows & doors
  • Check for weather damage (Snow/Rain)
  • Turn on different lights in the house
  • Opening/closing of blinds
  • Collect & sort mail/papers
  • Run dishwasher/washing machine/toilets
  • Check Fridge/Deep Freeze

Other Services:

  • Put out garbage and green bins
  • Water plants
  • Feed pets
  • Forward mail/newspapers
  • Key delivery
Do not see a specific service listed? Just ask! They are willing to do their best to accomodate.
http://www.MervEdinger.com