I joined Twitter January 22, 2008. I had heard about it from a few leading edge tech types – the next cool thing – and I figured I should get on and see what the fuss was about. Like many, I wasn’t quite sure – even after I signed up and took a look around. [...]
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Top 9 Reasons You Should Invest in KW Real Estate
KW Tops List Kitchener Waterloo is Ontario’s top Real Estate Investment Destination, again. Well, it’s that time of year again. Kitchener Waterloo is getting some more much deserved attention from Canadian Real Estate Investors all across the country. KW has been named the top real estate investment destination in Ontario by the Real Estate Investment [...]
A Mortgage Broker’s thoughts on the Bank of Canada’s interest rate hike
I was speaking with my friend Jeff Reitzel, who is also my mortgage broker and a real estate investor. Jeff is one of the top mortgage brokers (with Mortgage Alliance Canada’s Mortgage Choice in Kitchener) in the country, and helps a lot of investors finance property. I asked Jeff what he thought of the Bank [...]
Large Redevelopment Coming to Breithaupt & King in Kitchener
The Record has exciting news about a major commercial real estate project in Kitchener. Perimeter Development Corp. is redeveloping the old (some parts date to 1903) complex on the corner of Breithaupt and King, bringing cool space to the north end of downtown Kitchener. Developer turning old boot factory into trendy commercial space When its [...]
Terrific news for Real Estate Investors in Waterloo
University of Waterloo to Double Size of Campus Owners of Student Housing Rejoice Back in April you read about the University of Waterloo proposed plans to double the size of campus (Is Waterloo’s Student Housing Market Being Over Built?), and today the news is announced that the plans are moving forward. This is great news [...]
More analysis on the Bank of Canada interest rate hike
I just read some very cogent insights into the Bank of Canada’s rate hike this morning, via the Financial Post (found via their twitter feed, where I get most of my news these days [twitter, not FP specifically on twitter]): The following analysis is from Avery Shenfeld, chief economist CIBC World Markets. The Bank of [...]
Bank of Canada raises interest rate 0.25%
Quick morning update. Mortgage interest rates area heading up! This morning, the Bank of Canada announced what many of us were expecting; they have raised the prime interest rate by a quarter percent, to 0.75%. This will likely put pressure on variable rate mortgages. Mortgage ares are still very affordable. We have real estate investors [...]
Housing Starts in Kitchener Waterloo up 165%
In another sign that the Kitchener Waterloo economy is still very healthy, housing starts are up dramatically: Apartment construction boosts housing starts WATERLOO REGION — Fuelled by a surge in apartment building construction, housing starts in Waterloo Region rose 165 per cent in June compared to the same month last year. Ground was broken on [...]
Kitchener Waterloo local David Johnston named Canada’s next Governor General
There was a buzz building that Stephen Harper was preparing to nominate Kitchener Waterloo local David Johnstons as Canada’s next Governor General, and last week the news became official. This is a terrific choice for Canada, and is yet another event that will draw Canadian’s attention to the Waterloo Region, one of the most vibrant [...]
