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Canadian Real Estate Association predicts a strong year in 2014

December 29, 2024

OTTAWA—Sales of previously owned Canadian homes are turning out slightly than expected overall, and 2014 will be even stronger, according to a new projection from the country’s largest real estate association. The Canadian Real Estate Association’s 2013 sales projections have been increased slightly upward in Ontario and the four western ...

Property Appraisal and Market Value

November 18, 2024

One of the most important things in association with real estate is determining the ‘true worth’ or ‘value’ of your property. The two main ways that one can determine this is through property appraisals and comparable market value analysis. Typically, these two methods are used in conjunction with one another in order to establish a sale price ...

Top reasons to sell home in winter

November 14, 2024

We're getting close to the end of the year, which begs the question of whether it's worthwhile trying to sell your home now. Is it a waste of time? Will it sit on the market and become shopworn? Should I take my house off the market for the holidays? Will the home-sale market be better for sellers in 2012? The first question you need to ask ...

How do you choose a REALTOR®?

November 14, 2024

Whether you're a first-time seller or someone who has sold many homes, there are several ways to find a local REALTOR®: Use the "Find a REALTOR®" search engine on REALTOR.com® to find individuals who actively sell in your community. Get recommendations from past sellers. Look for REALTOR® signs in your community. Check the ...

Top 10 tips to sell your home for top dollar

November 13, 2024

Isn't this the worst real estate downturn since the Great Depression? If that's true how are some sellers still able to successfully beat the odds and sell for top dollar despite the market conditions? The answer is that they employ time tested and market approved techniques and strategies that give them an all important edge over their ...

Sellers list right to avoid price reductions

November 11, 2024

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 ...

Real estate: Dealing in a buyers' market

November 1, 2024

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 ...

Seller 'gift' may disguise problem

October 25, 2024

It's common for buyers to ask for appliances or other personal items when they purchase a property, but what about the seller who voluntarily leaves personal items as part of the sale? There are numerous pitfalls when it comes to dealing with personal property included in a real estate sale. The lender can deduct the value of the personal items ...

Home sellers have one shot at a good first impression

October 8, 2024

Make sure your house is a perfect 10 before the 'For Sale' sign goes up. A little effort can help ensure the best price in the shortest amount of time. If you're thinking about putting your home on the market, you need to do everything you can to make sure it's a perfect "10" before the "For Sale" sign goes up! Today's homebuyers are busy ...

5 first-time buyer mistakes to avoid

October 6, 2024

If you're a first-time home buyer in this market, how could you go wrong? Nationally, sales prices of existing single-family homes are down nearly 24 percent since their July 2006 peak. Interest rates, recently 4.9 percent for a 30-year fixed-rate mortgage, are hovering near historic lows. And if that isn't incentive enough, Uncle Sam is offering ...
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\\ KEYWORD : Seller