by admin on March 30, 2010
What is BlogEasy Canada?
BlogEasy is a resource for Real Estate bloggers. We provide articles and news items that you can reproduce in your blogs.
BlogEasy Canada blog content is written especially for Canadian real estate blogs and focuses on Canadian real estate news, trends and advice.
This program temporarily inactive.
We use “MyCity”, “MyTown”, YourCity” or “YourTown” in many of the articles published here. When you publish BlogEasy articles, your location will be substituted.
by blogeasy on May 6, 2010
At Research in Motion’s annual conference in Orlando last week RIM executives unveiled its strategy for the future. They intend to stick with their focus on corporate and business clients and not worry about Apple capturing the entertainment and broader consumer market.
As this article in the Globe and Mail explains, while the Blackberry may not inspire the enthusiasm of “app” developers like the iPhone does, a number of its primary business-oriented apps are much more rock solid than anything you can find on the iPhone (or other competitors). A good example is Blackberry Messenger which now has about 20 million users.
Other advantages of the Blackberry: it uses less bandwidth, and less power, and many of the basic functions (such as reading email) are easier and more direct.
by blogeasy on May 6, 2010
Frank Stronach, Magna International founder announced this week that Magna will be designing and developing a complete platform for electric vehicles. The platform will be a complete “rolling chassis” with all the electronics in place. They intend to sell the platform to other major manufacturers.
Stronach, who is taking charge of the project himself, expects annual revenues from the project to be $20 billion within 10 years.
Whether the Magna project succeeds or not, industry watchers expect the electric vehicle to revolutionize not only the auto industry, but the way we view the generation and distribution of energy.
Many believe electric vehicles will connect to the grid at night and actually be a source of energy when it is required. The extensive battery systems will serve as a distributed storage system spread out across the country.
by blogeasy on May 3, 2010
Click photo to watch video
Like a lot of home owners you’re thinking about doing a home improvement on your LocalCity home. In this video Pat Foran, Consumer Reporter for CFTO News offers a number of common sense tips to help get you going in the right direction.
- Only use a reputable contractor
- Don’t spend too much because you won’t get it back
- Do things that prospective buyers would like
by blogeasy on May 2, 2010
Click photo to watch video
Watch this interview with economist Will Dunning where the discussion focuses on the question whether the hot real estate market in many cities in Canada is a “housing bubble”.
According to this economist a bubble is characterized by several things including:
- Rapid growth of asset values (house prices)
- Rapid growth of debt associated with house prices
- A speculative mindset among buyers – the idea that “it’s different this time”
- Risky lending practices coming from major lenders.
According to Dunning the current situation does have the first two characteristics, but does not have the second two. Most home purchasers are not biting off more than they can chew, while the banks and mortage lenders are actually tightening the reins on their lending. Therefore he concludes the current situation is not a “bubble-like” one.
Why does this matter? Dunning advises that we not be overly concerned about overheated pricing and real estate activity because it is a sign of a healthy job market. As good paying jobs increase in numbers housing prices are pushed upwards.
Furthermore we are seeing an important adjustment where many currently renting in larger Canadian cities are making the move to home ownership. In small communities there has often already been a larger percentage of people owning their own homes.
In both cases (larger and smaller cities) the news is all good. Circumstances make it a good time to purchase a house in Canada and in the LocalTown area. Employment is generally strong, mortgage rates are still relatively low, and house prices are probably going to steadily appreciate well into the future.
