There’s more than one way to buy a house, and if you’re considering attending a foreclosure auction, you might be wondering exactly what you’re in for. In this brief guide, we’ll cover all the basics. Find Local Listings There are several sources you can use to find auction listings. The local government websites are a good starting […]
A large body of research from Canada and around the world finds homeownership contributes to higher levels of happiness and life satisfaction for homeowners and their families. And that results in a wide range of educational, health and socio-cultural benefits. These non-financial benefits have spillover benefits to the broader community and surrounding civic fabric—all of […]
With Canadians spending more time at home, opportunities to level-up our living spaces continue to present themselves. You may have spent time pampering your pets, setting a new tone in the bathroom, or even performing some long-overdue home maintenance. If you’ve been considering uncharted home improvement territory, then it could be time to finish your […]
We know the thought of buying your dream home is exciting, and you’ve probably spent a lot of time thinking about what you can afford. Before you get too far into the house hunting process, make sure you’ve factored closing costs into your budget. These are upfront transactional expenses you’ll need to pay to […]
Could changes to mortgage qualification rules be enough to cool the hotter-than-hot Canadian housing market? We’ll find out soon enough, with the changes taking effect on Tuesday, June 1. A new study by Ipsos Reid-TD Bank revealed that most young Canadians are prepared to engage in bidding wars and pay over the asking price. About […]
It takes homebuyers an average of seven years to save up for a 20% down payment. As a tenant, you’ve probably asked yourself if it’s better to spend that time continuing to rent or whether to start putting money aside for your future home. Number crunching and prospecting the market play an essential role, but […]
The 2021 Budget won’t make Canadian real estate more affordable for homebuyers, but consumers have dodged a policy “bullet” after much speculation around changes to the capital gains tax exemption, or other measures aimed at cooling the hot Canadian housing market. The Federal Government has introduced the following budget items related to housing: $2.5 billion to Canada […]
Buying a home is often seen as a step forward in the game of life. But choosing the right time can be tricky. If you’re trying to figure out whether you should continue to rent or get your foot on the property ladder, it’s worth having a look at the 5% rule. What Is the […]
The Canadian real estate market has been consistently dominating the news headlines for the last year. Reports of sales volume and average housing prices breaking records from coast to coast have been the story since the latter part of 2020 and the first quarter of 2021. With the global pandemic causing many to work from home, the […]
Stakes in Canadian real estate have never been higher. Industry professionalism needed to restore buyer and seller confidence. Particularly for buyers engaged in the Canadian real estate market, the transaction is filled with mounting complexities and undeniable frustrations – most specifically, the lack of transparency in under-market-value listing strategies within an already expensive market, and […]