We have moved!
Dear Readers, The Montreal Real Estate Blog has finally moved to it’s own domain. To bring you even more news and continue to provide you with the latest articles on Montreal Real Estate, please update your bookmarks: MontrealRealEstateBlog.com See you there! :) Read Full Story
Image of the moment: Montreal roofs
Plateau Mont Royal. Photo: Deyanira Bautista Read Full Story
Subprime Mortgage News Update
Canada economy to slow, risks to downside – IMF (Reuters) Canadian economic growth will slow to 1.8 percent this year and there is a risk of an even sharper downturn as weakness in the U.S. economy spreads beyond the housing sector, the International Monetary Fund said in a report on Monday. After growing about 2.5 percent in [...] Read Full Story
Real Estate Glossary: F
Financing Means used by a buyer to acquire an immovable. Financial resource, often in the form of a mortgage loan provided to the buyer by a financial institution for the purchase of an immovable (see Mortgage loan). Fonds d’indemnisation du courtage immobilier Body created under the Real Estate Brokerage Act, to which all real estate brokers and agents [...] Read Full Story
Montreal Cultural Properties Advantages & Obligations
Montreal has the highest concentration of historic monuments in Canada and more than 40,000 buildings are protected under provincial or municipal legislation. These buildings represent an exceptional collective heritage that the city’s administration is dedicated to protecting and promoting in various ways. Owners of classified buildings that are recognized as cultural property or located on a [...] Read Full Story
How do you know if a condominium is in good financial condition?
The financial well being of the condominium corporation is an important consideration. Buying on into a condominium corporation that is insufficiently funded to operate and maintain common elements is a risky proposition. Low condo fees may make one condo more appealing than the others, but it may also be a sign that the condo corporation is [...] Read Full Story
Today’s Headlines: Interest Rates and Subprime Mortgage
Bank of Canada’s Carney ponders degree of rate cut – (Reuters) The Bank of Canada has to weigh strong domestic demand against the spillover effects of the slowing U.S. economy when deciding how much to cut interest rates next month, Governor Mark Carney said on Monday. Carney used his first [...] Read Full Story
Monday Morning Linking
space4lease.com  A free network of commercial real estate spaces available nation wide tremblantliving.com  Great rental locations on Mont Tremblant. therealestatebloggers.com   American Real estate bloggers, interesting articles and information. Do you know of other interesting and informative websites related to the Montreal Market? Let us know! Read Full Story
BMO Bank of Montreal Lowers Mortgage Rates
TORONTO, Feb. 15 /CNW/ – BMO Bank of Montreal announced today it is decreasing its residential mortgage rates, effective February 16, 2008. The new rates are: Fixed Rates:                     To:                 Change: 6 month [...] Read Full Story
Analysis of the Resale Market 2007
The Resale Market Reaches New Heights in 2007 with Close to 56,000 Transactions Île-des-Soeurs, January 14, 2008 – The residential resale market reached new heights in 2007 [...] Read Full Story