Chad Campbell: 705-443-9444
Scott Campbell: 705-446-6602

June Newsletter

Lots of interesting info to share in our  June Newsletter  on bank rates, 'smart' homes and even creating your own spa area.


Smart homes are making our lives easier, safer and more comfortable.  This month’s article highlights some of the latest trends that help provide homeowners greater convenience and control over their daily lives.

There are also some examples of how a strategically placed water feature can evoke feelings of peace and relaxation in your garden as well as a few tips on how to clean your washing machine.

Thanks so much for checking out this month's newsletter.  Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Chad & Scott

In this issue...
BANK OF CANADA INTEREST RATE UPDATE 
Bank of Canada keeps rates on hold due to economic uncertainty.

The Bank of Canada announced on May 24th, 2017 that it's keeping its trend-setting target overnight lending rate unchanged at 0.5 per cent.

The Bank indicated inflation remains below its 2% target and that the Canadian economy still has plenty of slack.

Additionally, while recognizing a number of encouraging economic developments such as improving business investment, job growth and strong consumer spending, it also expects economic growth will slow down and economic “uncertainties continue to cloud the global and Canadian outlook.”

Given U.S. trade policy uncertainties, slower expected economic growth and tame inflation, it is highly unlikely that the Bank will hike its trend-setting overnight lending rate this year.  However, an expected increase in Canadian bond yields and recent regulatory increases in capital requirements for mortgage lenders may cause longer term fixed mortgage interest rates to edge higher later in 2017.

As of May 24th, 2017, the advertised five-year lending rate stood at 4.64 per cent, unchanged from both the previous Bank rate announcement on April 12th and from one year ago.

The next interest rate announcement will be on July 12th, 2017. It will be accompanied by the release of the Monetary Policy Report, which will update the Bank’s economic forecast.

HOME IS WHERE THE SMART IS 
Smart home technology is continuing to grow at a rapid rate!

Smart home technology has gone from basic security to smart windows that open and close based on the weather and indoor air temperature.  Here’s a look at a few smart home innovations that will revolutionize our lives:

  1. Connectivity is King - The connected home is a huge theme this year that features connected appliances, smoke alarms, lightbulbs and doorbells.

  2. Talk to Me - There’s a huge focus on voice activated products around the home including voice controlled garbage cans, air purifiers and fridges.

  3. Home Help - Robots are being used to offer companionship for seniors and there’s also an innovative, lifesaving cane that sends out an alert in the event of an emergency.

  4. Laundry Lackey - Washing machines that can do multiple loads at once will save us valuable time and there’s even a machine in the works that will fold the laundry!

  5. Breathe Easy - Sensors can monitor your indoor air for Co2, VOCs, allergens and humidity levels and they’ll also be able to expel bad air and introduce clean air to your home.

  6. Robot Cleaners - With intelligent visual navigation, app control and powerful suction that cleans in corners, you’ll never need to push a vacuum again!

Smart home technology is always improving and it’s a major selling point because the higher your home's IQ, the higher the resale value will be!  Who knows what the future will bring but one thing’s for sure; smart home technology can provide you and your family convenience and peace of mind.

SOOTHE YOUR SOUL WITH A WATER FEATURE 
Bring new life to your outdoor space by creating a peaceful paradise.

Imagine relaxing after a stressful day at work and unwinding on a backyard lounger while listening to the sound of flowing water.

Your backyard’s the perfect place to take a break from the hectic pace of everyday life, and the addition of a water feature will help transform your garden into an oasis of tranquility, give it a beautiful focal point and may well increase the value of your home.

Water features also create an environmentally friendly haven for wildlife such as frogs, birds and butterflies.  There are a wide variety of solar powered fountains to choose from and by utilizing the sun's rays, you'll lower your electricity bills and won't get tangled up in cords.

Water attractions can be as simple or complex as your budget allows, ranging from a simple tabletop fountain to a full-scale babbling brook.  Safety of course should be a concern if you have small children and if you plan on digging, make sure to contact the utility companies.

It's important to spend a bit of time during the planning stage to ensure your water feature will integrate with your landscape and environment and then once you’ve finished implementing your new water feature, find a comfortable seat, close your eyes and imagine yourself in paradise.

WASHING THE WASHING MACHINE 
If your washing machine is giving off a musty smell, it’s time for a wash!

Washing the washing machine may seem strange but over time, soap scum and bacteria build up in front loading washing machines which creates a musty smell.

Start by cleaning the rubber door gasket with white vinegar and water.  Next, mix ¼ cup of baking soda with ¼ cup of water and add it to the detergent compartment, then pour 2 cups of vinegar in the drum and run an empty load at the hottest setting.

Clean your washing machine every month to keep it in tip top shape.  If you leave the door open between loads, promptly remove laundry as soon as the load has finished and don’t use too much detergent, you’ll help keep your washing machine fresh and clean.



PS Are you tired of playing telephone tag with agents only to hear "it's already been sold"?  Sit back, relax and let us do the work for you!  Just go to Property Search on the TOP of our Home page of our website and check off the features you're looking for.  Whenever a home or cottage that matches your criteria hits the market, it'll be automatically flagged and emailed to you so you'll never have to worry about missing out on the perfect place ever again!


Quick Contact

 

CHAD CAMPBELL

DIRECT: 705-443-9444
chad@wasagarealestate.com

SCOTT CAMPBELL

DIRECT: 705-446-6602
scott@wasagarealestate.com

Lifetime residents of the area with over 50 years combined Real Estate experience.

Royal LePage Trinity Realty Inc., Brokerage, 1249 Mosley Street, Wasaga Beach, Ontario L9Z 2E5. Each office independently owned and operated.
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