Torontonians turn to Condo market as costs stay high
While perusing MLS listings of Toronto single family houses, one would get the impression that one & two million dollar homes are not out of the ordinary these days. Once again, the condominium seems to be the more affordable option for first-time buyers who want to continue to live in the city. More
4 Things to Know About the New Mortgage Rules
Homebuyers in Canada, now face larger down payment requirements for properties over $500,000. The changes that were implemented last month are intended to temper some of the Canada’s heated Real Estate Markets. Here are 4 things to know about the new rules. More
HOW REAL ESTATE MARKET CONDITIONS AFFECT YOUR OFFER PRICE
If you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list.
When should I sell my home? Your answer to this question might be right now! If you have taken a job in another city or made an offer on a new home, or had an addition to your family, selling your home fast might be the most important goal you have. Most people, however, have some flexibility when they sell their home. Let us take a closer look at the most important factors that can go into this decision.
A hot market is a "sellerís market". During a sellerís market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. Though most buyers want to get a "deal" on a home, reducing your offer by even a few thousand dollars could mean that someone else will get the home you desire.