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Sellers list right to avoid price reductions

November 11, 2019

In most areas of the country, 2007 marked a change in the residential home-sale market. Buyers gained clout for the first time in over a decade. Inventories of homes for sale grew to record levels in some places. Price reductions, which carried a negative stigma when listings were easy to sell, came to be seen as a necessary part of the home-sale ...

5 Reasons Selling By Owner is a Set-Up for Failure

November 10, 2019

For Sale By Owner = FSBO As a FSBO, you only have four ways to attract buyers. Classified advertising. Open House For-Sale-Signs Internet Over 80% of homes are sold because the Buyer's Broker or Agent was being offered a commission on MLS. This is one route not open to you as a FSBO. By not listing your home on MLS, you forgo the ...

Perfect laundry

November 9, 2019

It may not be the first thing a potential home buyer sees but you can bet that paying attention to this area will certainly make a positive impact. So what can you do to make this neglected space more attractive? The laundry task is more than tossing the clothes into the machine with some soap. Ask anyone who is in charge of the laundry ...

Real estate: Dealing in a buyers' market

November 1, 2019

The single biggest investment for most Canadians is the purchase of a home. So, home owners were understandably worried when the Canadian Real Estate Association recently reported that average Canadian resale house prices fell by 10 per cent year-over-year in October. On the other hand, the end of the boom would appear to be good news for ...

13 Extra Costs to be Aware of Before Buying a Home

October 31, 2019

Whether you're looking to buy your first home, or trading up to a larger one, there are many costs - on top of the purchase price - that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an unwanted financial nightmare on closing day if you're not informed ...

Do you buy before selling?

October 8, 2019

In today’s market where the majority of people who are actively pursuing real estate are involving themselves on both sides of the coin — the sale of their existing home and the purchase of their new home — the question of what to do first is an important one. On the one hand you don’t want to purchase before selling because you don’t want to ...

10 Ways to Get the Best of Winter When Selling Your Home

October 4, 2019

If your home will be for sale this winter, it is important to master certain seasonal issues that are less significant or even non-existent at other times of the year. Here are 10 bits of sage advice from RE/MAX agents that can help put a “Sold” sticker on that yard sign. Let Those Lights Shine: The best way to combat winter’s short and ...

Condo market aok: CMHC

October 2, 2019

The only thing sky high about Canada’s condominium market are the condos themselves. Canadian condominium construction has surged but population growth has kept oversupply in check, the federal housing agency said in a report on Wednesday that also showed declining mortgage arrears and high home-equity levels. In its annual report on the housing ...

Deferred maintenance: A ticking clock?

September 28, 2019

The obvious: Foreclosures are leaving homes empty and abandoned, and whole neighborhoods in areas hit hardest by the housing bust are decaying beyond repair. The not-so-obvious: Abandonment isn't the only thing that can affect future housing stock. Deferred maintenance can, too. "We are seeing more deferred maintenance in light of the ...

Lots of Changes in Home Buyers' and Sellers' Profiles

September 23, 2019

The profile of home buyers will change significantly in the next few years, according to a public telephone survey conducted in September for the Greater Montreal Real Estate Board (GMREB). The survey, which is the fourth one, helps profile buyers and sellers, as well as measure their intentions over the next five years. Buyers' and Sellers' ...
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