“Rates were so low for so long, it was almost like money was free,” Forum Research president Lorne Bozinoff told the Financial Post. “Some may have overextended themselves during that time, thinking rates will never go up.”
Taking the time to learn about the home buying and selling process can save you time, stress and money. And certainly, one way to protect yourself is by learning from the mistakes of others.
Chances are that you’re well aware that the housing market in many parts of Canada has seen strong growth over the past couple of years. As well, regional housing booms in parts of Ontario and Vancouver have received a lot of media attention and the federal and provincial governments have made an effort to cool these markets.
A home inspection report is a valuable document that can help you understand what you’re buying. But there’s still a lot to be gained by attending the inspection in person.
If you are considering selling your home you may just want to take advantage of the current housing market. We refer to this market as a “Seller’s Market”. What this means is that the demand for “Homes For Sale” is greater than the number of homes listed to sell.
Buyers have limited options because of the low inventory of houses for sale. They are eager to see homes as soon as they appear on the market and they move quicker in presenting an offer.
A seller’s market can be the ideal scenario when you list your home. Be prepared by reviewing the following recommendations.
We’re at that time of year when people think about their summer getaways. While a cottage can provide a retreat, it can also raise issues that don’t apply within city limits.
Buying a home will most likely be the biggest financial decision of your life. It is important that when you begin this journey you are prepared. There will be more to think about than the types of flooring or the number of bedrooms in a house. No question is silly when there is a huge price tag on what you may be about to purchase.
I have compiled some important questions that should always be asked. If your real estate agent doesn’t have the answer, they should definitely do the research and find out what you need to know.
Summer is the perfect time to get tasks down around your home. Here are seven important jobs to get you started. Paying close attention to your home maintenance now, can save you money on bigger problems in the future.