The reasons behind economic downturns remain largely unsolved. However, there are several traditional explanations to the phenomenon.The traditional explanations postulate that recessions are caused by events that have an economy-wide impact, such as an

increase in interest rates

decline in consumer confidence.

Firms reduce output and lay off workers, which further decreases demand, and the economy slows even more. In Canada our Exports especially to USA.

Read…: http://rebatereps.ca/2011/09/recession/

Trusting Your Real Estate Agent Then Continue Source: Hannif Highclass Publish:My Blog: 09/24/2011                            

4 One-of-a-Kind Places to Call Home: Source:Diane Tuman    Zillow Blog Published Wednesday, Sept. 03, 2010 08:59 AM If you consider yourself a non-conformist, or one who shuns traditional ways of doing things, then here is a perfect lineup of nontraditional homes that should fit your spirit perfectly. Take your pick from a church, an old […]

  Small-screen star Jillian Harris says the best financial advice she ever received was to invest in Real Estate Source: Emily Mathieu: Toronto Star Published: Monday, Aug. 15, 2011 8:30 AM EDT Jillian Harris made her name on the small screen, on shows including the Bachelorette and acting as host of Extreme Makeover Home Addition. […]

Click on the image for details! 1. Ottawa-Gatineau, ON 2. Victoria, BC 3. Burlington, ON 4. Kingston, ON 5. St. Albert, AB 6. Fredericton, NB 7. Brandon, MB 8. Edmonton, AB 9. Repentigny, QC 10. Winnipeg, MB 11. Moncton, NB 12. Whitehorse, YT 13. Lévis, QC 14. London, ON 15. Saskatoon, SK 16. Calgary , […]

A Must Read especially for 1st. Time Buyer I just wrote this 83 page report just for you and I would like to give it to you for FREE BUY YOUR HOME AS THE PRO’S DO I am also going to show you Location is everything Finding the right Realtor Watching the market Home Inspections […]

July Sales and Average Price Up Compared to 2010 Toronto Source: TREB August 4, 2011 — Greater Toronto REALTORS® reported 7,922 transactions through the TorontoMLS® system in July 2011, representing a 23 per cent increase over July 2010. Total sales through the first seven months of this year amounted to 55,863 – down by 1.3 […]

If you have a closed mortgage at a fixed rate, and you want to get out early, be prepared to pay a high penalty. The cost may be many thousands of dollars. Most mortgages have a clause that says premature cancellation requires paying three months’ interest or an interest rate differential (IRD), whichever is greater. […]

Interest rates may be set to fall While the Bank of Canada had long been expected to start raising interest rates from their historic lows, experts say the bank is now under pressure to cut them, meaning rates for everything from lines of credit to mortgages could follow. “The market has already priced in a […]

Finding a good real estate agent / broker is essential to enjoying a painless real estate transaction. The saying is “20% of the agents do 80% of the business,” and it is true. The question is how can you find a good real estate agent? The best agent for you doesn’t necessarily work at the […]