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Dealing with an eyesore next door

June 1, 2024

In a buyer's market, curb appeal -- yours and the neighborhood's -- becomes even more important. Fresh paint, a new front door and colorful landscaping often are sure-fire ways to tease potential buyers over the threshold of a home for sale. But in some cases, no matter how perfect your pansies, nothing can draw their gaze past the ...

Homeowners sell, start renting instead

June 1, 2024

Bidding wars have moved from the bungalow to the two-bedroom rental apartment. Many homeowners who cashed out at the peak of the market are putting their money in the bank rather than investing in a new house. And as a slew of new renters look for temporary homes, they are driving up prices and engaging in bidding wars to ensure they snap up ...

Little house, big flip

May 29, 2024

After some creative renovations, Toronto's tiniest home is back on the market and poised to make its owner a tidy profit. When David Blois opens his front door and says, "Let me give you a quick tour," he's not kidding about the quick part. Five months ago, he bought the littlest house in Toronto, a 300-square-foot home squeezed into what ...

Buyer’s Info

May 28, 2024

A home is probably the biggest financial investment you’ll make in your life. Before you get started, do some homework. This handy Buyer’s Guide will show you some things to keep in mind as you’re hunting for that home of your dreams. 1. Determine How Much You Can Afford How much house you can afford is largely dependent on how large a ...

Property prices continue to climb in Q2, says Royal LePage

May 27, 2024

Home prices in Canada are showing no indications of falling this year, a survey by Royal LePage suggests. A report by the real estate company said the average prices for standard two-story houses and detached bungalows went up 2.7 per cent in the second quarter of this year, compared with a year ago. During April to June, houses were listed ...

What condo purchasers need to watch for

May 25, 2024

Ask anyone who has bought a new condominium suite recently and they will tell you: (a) it is not like buying a house, (b) it is not like buying a resale condo, and (c) unless you are prepared, the cost of closing the deal will make your knees tremble. So, what should neophytes know about buying that 485-square-foot gem in the heart of the club ...

Six signs it's time to buy a house

May 17, 2024

If you've been considering buying a house but you're still unsure, consider some of the personal and economic conditions that favor home purchases. If you find that a number of these signs ring true for you, it might be time to contact a real estate agent and start shopping. 1. You're Ready to Commit First and foremost, if you're not ready ...

Lots of Changes in Home Buyers' and Sellers' Profiles

May 12, 2024

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' ...

Decide When to Sell.

May 11, 2024

In real estate, timing is not everything but it does influence your home’s selling price. Let’s see if we can make timing work for you. Status report. Is it a buyer’s or a seller’s market? When there are lots of people looking for homes but not many for sale, this is called a ‘seller’s market’, because the seller has something everybody ...

Condo crash? Don't count on it

May 9, 2024

If you are sitting the sidelines hoping for the condo market to crash, the Conference Board of Canada says you’ll have to wait. The report, released by Genworth Canada, the largest private provider of mortgage default insurance in the country, says the sector will avoid a major downturn because of population growth and employment gains which will ...
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