When it comes to investment properties, there’s a lot to take into consideration. Aside from the financial and tax responsibilities, finding an investment property that makes sense for your situation requires some serious soul-searching. It’s best to take a look at some of the pros and cons before getting into the market, as each type […]
Earlier this year, CTV News profiled an Ottawa couple who bid $400,000 over the asking price and still lost out on the home of their dreams. This was not the first time that they were outbid on a residential property in the nation’s capital, resulting in “frustration and fatigue.” Like many others hoping to engage in the […]
It should come as no surprise that affordability in the Canadian housing market has become a key issue in the upcoming federal election. According to a recent report, 42 per cent of Canadians said the high cost of housing was preventing them from entering the housing market, and 48 per cent shared concerns over their ability […]
Home insurance is exactly what it sounds like—a type of insurance for your property and its contents that protects against damage, liability, and loss. While home insurance isn’t mandatory in Canada, buying a home is one of the largest purchases you’ll ever make, so it’s worth your time to invest in protection in the event of any sudden […]
The July Canadian housing numbers are in and it was yet another slowdown on the sales side, making four months in a row; albeit, from completely unbelievable (and certainly unsustainable) levels back in March. So, not a big surprise. That said, it was also the smallest of those four straight monthly declines, so it looks like activity […]
Canadian real estate has been one of the hottest in the world throughout the coronavirus pandemic. Virtually every region from coast to coast, from the major urban centres to cottage country and rural areas, have posted record-setting growth during what can only be described as chaotic times. The Canadian housing market has been so strong, that it […]
The concept of real estate investing may sound easy, but the reality can be much different. Investing in real estate is not really “investing” as much as it is buying and running a business. Expert real estate investors Jason Pilon & Sabastian Taylor with The Pilon Group, have a team of investor realtors who specialize in helping […]
No one becomes a real estate investment guru overnight. Navigating the market is often a challenge because there are a litany of risks and consequences that can heavily impact an investor’s success. No one wants to make a bad investment, but when they do, they need to carefully assess their options to determine the next […]
Buying a flipped home—a property that’s been purchased, renovated, and re-sold by an investor—is all the rage these days, and for good reason! It’s an enticing idea, especially since you get to move into an already-updated home without having to handle the renovations yourself. Amid the COVID-19 pandemic, the Bank of Canada saw evidence of “a lot more flipping” driving […]
Are the U.S. and Canadian housing market in a bubble right now? Most importantly, after 15 months of skyrocketing gains, are both nations’ real estate sectors about to cool down? These questions are top of mind for real estate industry observers across North America who have been closely monitoring activity as both nations ease out of the […]