WHI AM I RECEIVING THIS NEWSLETTER?
Posted on Nov 11, 2024
Insights for Buyers and Sellers
Many Canadians have great interest in real estate, whether it be the general state of the market, what their neighbour’s house sold for, or how current market conditions directly impact their own real estate plans. Some might even go so far as to suggest talking about real estate in Canada has become a national pastim...
BEST TIME TO BUY?
Posted on Oct 06, 2024
These days there’s a lot of talk about interest rates and it’s become quite common to hear buyers say they’re waiting for rates to go lower. So far in 2024, we’ve had three ¼-point interest rate cuts by the Bank of Canada (BoC) with more expected. And, that last part – “more expected” – is playing a big role in why some buyers want to wait. Why are...
Should I Stay or Should I Go?
Posted on Sep 08, 2024
Not just a great song by pioneering English punk rock band The Clash in 1982, it’s a common question many homeowners debate when they find their current home isn’t fully meeting their needs. This often happens when life changes occur – the family grows as kids are born, parents become empty-nesters when the kids grow up and move out, elderly parent...
IT'S POOL SEASON! - Does a pool enhance property value?
Posted on Jul 09, 2024
It’s summer and you know what that means around here – heat and humidity! Some like it hot, some not so much, and some want options for cooling off. Of course, you could stay indoors with the air conditioning on, but with a pool, you can cool off while still enjoying the summer weather.
I’m often asked if a pool really enhances the value of a proper...
BENCHMARK INTEREST RATE REDUCED TO 4.75%
Posted on Jun 11, 2024
What do lower rates mean to you and the market
It’s been 4 years since we’ve seen any interest rate reductions from the Bank of Canada and over 2 years since they embarked on a dramatic upswing in rates to help curb inflation. Lower inflation is certainly ideal, but higher interest rates have substantially increased housing costs for many Canadians...
SPRING MARKET - What is it and how is spring 2024 shaping up?
Posted on May 07, 2024
We’re smack in the middle of spring market – that time of year when the weather improves and the real estate market gets much busier. Typically, we’d see a big increase in new listings compared to the winter months now behind us. And, while a greater number of sellers will list their properties as the grass gets greener, spring market also tends to...