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How to become a landlord

July 19, 2018

If you ever asked yourself how to become a landlord, you are in the right place! Investing in real estate, and trying to profit out of it is a great idea, and if you have a chance to do it – you shouldn’t hesitate. Many people are planning or already renting or leasing their property, and if you ask them for their opinion – you should ...

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

January 16, 2016

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 ...

Demise of the detached house? No end in sight for rising cost of single family homes

January 22, 2014

If it seems like high-rise condominium units are keep getting smaller and affordable single family homes are getting harder to find, it’s true. Data from RealNet Canada Inc. for Toronto, to be released Wednesday, paints a grim picture for buyers hoping to avoid condominium living in favour of a low-rise home. It’s a trend that the chief ...

Condo market aok: CMHC

December 19, 2013

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 ...

Condo crash? Don't count on it

August 29, 2013

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 ...

Property prices continue to climb in Q2, says Royal LePage

July 9, 2013

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 ...

Six signs it's time to buy a house

June 27, 2011

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 ...

Do you buy before selling?

May 21, 2011

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 ...

13 Extra Costs to be Aware of Before Buying a Home

May 14, 2011

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 ...

What condo purchasers need to watch for

April 5, 2011

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 ...
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