Life on the Shore

forclosures Sept 16

Fall has arrived and with that, time to shut down the patio for another season, this summer has flown by with a vengeance, I must be getting old as the summers seem so much shorter than when we were kids.

A quick recap from a real estate standpoint for the summer, with the housing situation getting "out of control", the Liberals succumbed to the pressure of the voting public and introduced the controversial 15% foreign ownership tax, which definitely did the job the public wanted, it cooled the market down, however, housing is still unaffordable to those who wanted this tax implemented in the first place.

The feds held the overnight rate steady at .5% so interest rates are holding steady for now, more rule changes to come, stay tuned.

As a family, we ended up in Toronto this past August for our son's national sailing championships, I love Toronto in the summer! Spent 2 weeks there, we all had a blast from hanging at the sailing centre to taking a ferry ride over to the Royal Canadian Yacht Club over on Toronto Island, looking back over to the Toronto skyline it almost rivals Vancouvers' view from the water, but Vancouver and the Shore is home.

Check out Stan Stanchev's link below for some great North Shore condo deals;

http://www.stanstanchev.com/vow-mls-listings-search

And of course from Eldon Whalen this months foreclosures, click the link above.