Wednesday, November 16, 2011

Five Bombers chosen as CFL all stars

Five members of the Winnipeg Blue Bombers have been named to the CFL all-star team, the league announced this morning.

Defensive backs Jovon Johnson, Jonathan Hefney and Ian Logan along with defensive lineman Odell Willis and offensive lineman Brendon LaBatte were all named league all-stars.

With five all-stars, the Bombers are second in the league only to the BC Lions, who had nine players named as all-stars today.

The all-stars are selected based on a combination of voting by the fans, head coaches and the Football Reporters of Canada.

The Bombers are practicing this morning at the Winnipeg Indoor Soccer Complex. The Free Press will have reaction from the players following practice.

 

http://www.winnipegfreepress.com/breakingnews/Five-Bombers-chosen-as-CFL-all-stars-133971588.html

Wednesday, November 9, 2011

Stock markets sharply down on European debt worries

CTVNews.ca Staff

Stock markets on both sides of the Atlantic Ocean slumped Wednesday, as investors waited for Italy and Greece to provide clarity on the future leadership of their respective governments.

The Toronto stock market was down 1.9 per cent, or 237.55 points by early afternoon, as the TSX energy, mining and financial sectors all were on the decline.

The Canadian dollar fell a full cent to 98.19 cents US.

The returns in Toronto were better than in the United States, where the Dow Jones industrial average and the Nasdaq composite index both dropped more than 3 per cent.

European markets also suffered losses Wednesday, with Germany's DAX falling 2.3 per cent and France's CAC-40 seeing a similar drop of 2.4 per cent.

The benchmark index in Italy was worst off, dropping 4.7 per cent below its previous close.

Italy was the source of one of the two main crises afflicting markets, as lawmakers continued to push for Premier Silvio Berlusconi to leave office and make way for a successor.

But as the day went on, there appeared to be little clarity on who would take over for Berlusconi, who appeared to have thrown in the towel on a run for office in the next election.

"All it does is add more uncertainty," Chris Kulk, an investment adviser at Scotia MacLeod in Montreal, told The Canadian Press.

"The bottom line is, if you need to negotiate with someone, who do you negotiate with?"

A similar problem existed in Greece, where the country's two main political parties have spent three days trying to decide who will take over for Prime Minister George Papandreou.

Papandreou rapidly lost support in Greece after he recently suggested holding a referendum over a pending bailout from the European Union.

As of Wednesday, a deal to structure a new interim government was said to be close, but details had not been finalized by the early evening in Athens.

Having Greece or Italy fall into bankruptcy would be disastrous for the European economy and the rest of the world.

Both countries are heavily indebted, but Italy has a massive debt load worth US$2.6 trillion and its bond yields are now at the highest point in year.

The combination of these political and economic challenges has made it very difficult for Italy to borrow money, said Dawn Desjardins, the assistant chief economist at RBC Economics.

"Investors are definitely talking with their feet, meaning that they are not putting their funds into the Italian bonds,"

Desjardins told CTV News Channel on Wednesday.

With files from The Associated Press and The Canadian Press

 

http://winnipeg.ctv.ca/servlet/an/local/CTVNews/20111109/world-stock-markets-europe-italy-111109/20111109/?hub=WinnipegHome

Thursday, July 21, 2011

Heat’s on to cool off homeless

Winnipeg’s Siloam Mission is looking for high-priority items that will help the city’s homeless community beat the heat.

Reusable water bottles, sunscreen and backpacks are at the top of that list as dehydration and heatstroke pose a threat to those living outside.

“We’ve been handing out hats, water bottles, lip-balm, foot cream, bug spray and sunscreen,” said Mike Duerksen, spokesperson for Siloam Mission. “We’re encouraging people to drink lots of water and to stay inside.”

Duerksen said Siloam Mission has seen an increase in the number of guests at its drop-in centre. As the mercury continues to climb, the centre is encouraging its guests to get out of the sun.

“It’s hard enough for us who have places to stay to stay cool. It’s even harder for someone who is living on the streets,” Duerksen said. “The challenges of homelessness are just as great in the summer as they are in the winter.”

 

http://www.metronews.ca/winnipeg/local/article/921541--heat-s-on-to-cool-off-homeless

Monday, July 18, 2011

Your Home Inspection Report

Getting Ready

Steps you can take before a professional home inspector conducts a property inspection

From routine maintenance, to detecting conditions that could signify the need for major repairs, there are many simple steps your seller can take ahead of time to prepare their home for a professional home inspection. In addition, on the day of the inspection, attention to a few details can go a long way to ensuring that everything goes smoothly.

DISCLOSURES

  • Disclose past catastrophes such as fires or floods, or if the property was ever used as a marijuana grow house or meth lab
  • Provide building permits and plans for any major renovations
  • Disclose any work that was completed without the proper permits
  • Provide invoices and warrantees for major improvements, roofs, furnaces, and appliances

ROUTINE MAINTENANCE - EXTERIOR

  • Repair damaged masonry on walkways and steps
  • Seal any cracks in the driveway
  • Repair minor defects in exterior wall materials
  • Recaulk around exterior windows and doors
  • Replace damaged or missing shingles
  • Recaulk around flashing
  • Clean debris from gutters and check downspouts for proper drainage

ROUTINE MAINTENANCE - INTERIOR

  • Repair leaky faucets and fixtures
  • Recaulk around bathtubs and sinks
  • Have an electrician inspect receptacles and switches and make any necessary repairs
  • Repair any cracked or broken window glass and loosen any windows that are painted shut
  • Arrange service for the furnace and central air conditioning
  • Have the chimney swept
  • Replace batteries in smoke detectors and install detectors where missing

ON THE DAY OF THE INSPECTION

  • Allow sufficient time for the inspection - the average Pillar To Post inspection takes between 2.5 and 3 hours
  • Be sure that keys are available for any locked doors
  • Allow access to storage sheds, attics, yards, crawlspaces, basements, and garages
  • Provide access to components such as electrical panels, water meter, and gas meter
  • Move objects from around the water heater, furnace, and air conditioner to allow unimpeded access
  • Clear paths of snow and debris
  • Keep pets in a safe location out of the home or in a crate

ANOTHER GOOD YEAR SHAPING UP FOR WinnipegREALTORS®

June MLS® Sales Over 1,500

 

WINNIPEG – WinnipegREALTORS® is at the half way mark of 2011. Its MLS® market activity is tracking well as forecast.  Sales are only down 4% from sales recorded in 2007 – the best year ever - and just 2% off the second best year in 2008. June sales activity of 1,516 is not far off peak sales recorded for this month, only just edged out by 2007 and 2008 when sales were 1,564 and 1,562 respectively. They are also the fifth highest total for any month with May 2007 at the top with 1,652 sales. Another indicator of how well June sales activity went this year is the fact the equivalent of 4 out of 5 new listings sold and nearly half of the entire MLS® inventory turned over.

 

Also noteworthy for June is it is WinnipegREALTORS® first month when dollar volume for residential-detached sales eclipsed $300 million and a new MLS® dollar volume record was set at $368 million. The average residential-detached sales price in June of $258,275 was up 3% over the same month last year while the average condominium price of $201,642 increased 7% over June 2010. Year-to-date average prices for these two MLS® property types are close to the monthly levels with condominiums almost identical at $201,764 and residential-detached at $256,195.

 

Speaking of average residential-detached sale prices, when you look at the different quadrants of the city and outside Winnipeg for the first six months of 2011, the rural MLS® areas which represent almost one out of four sales had a moderating influence on the overall average price increase of 5%. Why? Rural prices have only risen 1% where the north-west quadrant of the city is up 5% and the others are all over 6% with the north-central quadrant highest at 8%. 

 

June MLS® unit sales increased 6% (1,516/1,432) while dollar volume rose 12% ($367.9 million/$329.2 million) in comparison to the same month last year. Year-to-date MLS® sales are up 3% (6,660/6,452) while dollar volume has increased 7% ($1.56 billion/ $1.45 billion) in comparison to the same period last year. Similar to year-to-date results last month, the over 10,000 MLS® listings entered on the MLS® thus far remain in a virtual deadlock with 2010.

 

“A real solid June performance helped propel our first half of 2011 market activity slightly ahead of forecast range for sales increases and did more than expected to keep a lid on price appreciation,” said Ralph Fyfe, president of WinnipegREALTORS®. “When you drill down further into different MLS® areas, property types, listing activity and price movement, you clearly see much more divergence in results.  This should not be surprising given all real estate markets are local in their make-up and have different factors at play in shaping all that transpires.”

 

Here is just one example of how one MLS® area stood out from the rest in June. River Heights had 17 new listings yet completed 24 sales leaving two listings remaining for sale in July. While there were some other MLS® neighbourhoods where sales overtook the number of new listings, it is not a typical occurrence and not to the extent that happened in River Heights.

 

Fyfe added, “Buyers and sellers need to be talking to REALTORS® - the experts on the local real estate market – to gain the information and keen insights they possess on what best fits the unique needs of their own situation. It will then give them the confidence and ability to make an informed decision.”

 

A quick review of MLS® property type activity year-to-date shows residential-detached sales are up 3%, condominiums ahead by 8% and vacant land a whopping 28%.

 

For residential-detached sales in June, 60% of total sales were from $150,000 to $299,999 with the $200,000 to $249,999 price range leading the way at 24%. The $0 to $99,999 price range only represented 3% of all sales.  The average days-on-market was 23 days, one day slower than last month and the same pace as June 2010.

 

Condominium sales activity in June saw 79% of sales from $100,000 to $249,999 with 42% coming in the $150,000 to $199,999 price range. The average days-on-market for condominiums was 22 days, six days faster than last month and 11 days quicker than June 2010.

 

Established in 1903, WinnipegREALTORS® is a professional association representing over 1,600 real estate brokers, salespeople, appraisers, and financial members active in the Greater Winnipeg Area real estate market.  Its REALTOR® members adhere to a strict code of ethics and share a state-of-the-art Multiple Listing Service® (MLS®) designed exclusively for REALTORS®.   WinnipegREALTORS® serves its members by promoting the benefits of an organized real estate profession.  REALTOR®, MLS® and Multiple Listing Service® are trademarks owned and controlled by the Canadian Real Estate Association and are used under licence.

 

For further information, contact Peter Squire at 786-8854.

 

Shaila Wise
WinnipegREALTORS®
Administrative Assistant, Public Affairs
Phone: 204-786-8854  Ext. 219
Fax: 204-784-2343
Fighting for Homebuyers

Monday, May 30, 2011

Untitled

We are very excited to be getting NHL back to Winnipeg! Wonder what the new name should be?