Thoughts & Happenings

Posted 2.26.14 @ 8:34 by: Staff

The highest bid doesn’t always win the house, but why?

We used a pool of 10,000 competitive offers to see what strategies are most successful. What topped the list? Find out now!

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Posted 2.24.14 @ 6:34 by: Staff

With over $80 million in deposits taken from potential wealthy space cadets grabbing at the chance to hit suborbital, the final frontier is finally within reach - if you’ve got the scratch to pay for it!

U.K. billionaire and entrepreneur Sir Richard Branson says that his Virgin Galactic will be ready to take people up into the edges of space by the end of this year. He also said that this venture isn’t just about going into space, it’s about fast and easier international flights too.

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Posted 2.20.14 @ 11:55 by: Staff

From ill-gotten Nazi treasures to a massive trove of Picasso paintings up on the block, Sotheby’s massive February 4th $270m auction went beyond previous estimates of a worth of $150m - but when a piece of history is finally up for grabs, emotions run high.

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Posted 2.18.14 @ 7:50 by: Staff

The highest bid doesn’t always win the house, but why?

Sellers aren’t just trying to get the most money. Redfin, a real estate analytics company, recently released a comprehensive study of successful real estate strategies. They used a pool of 10,000 competitive offers to see who wins the most:

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Posted 2.14.14 @ 15:45 by: Staff

Would you be willing to pay $640 for the pricey yet ultra-lux Sferra Milos Egyptian Cotton Sateen sheets, or would you splurge $2500 for a set of sheets made with gold and silk jacquard? Is it even worth it?

Thread counts are measured per square inch both horizontally and vertically; if a manufacturer packs in a higher amount of thinner threads into that square inch, they can get away with giving you the same amount of fabric with a higher thread count and for more money.

But value, much like beauty, is in the eye of the beholder!

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Posted 2.14.14 @ 11:30 by: Staff

Last year sales of luxury homes soared in a record 3/4 of the country - but why? Could it be the stock market hitting new highs (even though the Loonie has dropped in value), the fact that consumer confidence has resurged and that new construction is finally catching up with demand?

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Posted 2.12.14 @ 16:25 by: Staff

There’s coffee and then there’s coffee. Those of us that know the difference between that $10 bag of questionable “fair trade” coffee and the good stuff know that it’s worth its weight in gold - and some of us are even willing to pay upwards of $600 for a half a kilo of the good stuff!

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Posted 2.10.14 @ 7:50 by: Staff

If you’re thinking about taking a trip down south, you’ll need to know about the “currency surcharge” tax that many tour and trip operators are changing Canadian travellers. An additional $35 fee on travel trips (sometimes more, depending on how much you spend) to make up for the difference between the Loonie and the Dollar might not seem like a lot, but if you’re travelling to multiple destinations those dollar signs begin to add up.

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Posted 2.10.14 @ 7:45 by: Staff

Each year brings its own challenges, trends and expectations; just two years ago everyone was working hard to get stainless steel appliances (still somewhat desirable) and granite countertops (frowned upon) to meet demand, but what was popular then isn’t so popular now. While everyone loves the shine of stainless steel, they don’t like keeping it clean. Granite has become pedestrian and more homebuyers are flocking to the exclusivity of marble instead.

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Posted 2.9.14 @ 15:50 by: Staff

Outside of St. Petersburg and Moscow you won’t find too many five star hotels deserving of the rating - but if you’ve somehow secured last minute tickets to The Olympics, you’ll have to find a place to stay… and hope that there are rooms still available. Again, when it comes to Sochi, some of your options will be a bit “hit or miss”. Let’s check ‘em out!

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Pertinent and insightful information on Oakville real estate as well as commentary on current events in our community.