The fall sales season is underway, boosted by expectations that a cut in mortgage costs is just weeks away and the average price of the American family home is now at an all-time high. Americans traditionally return to the real estate market after the summer vacations and will transact enthusiastically. While owner optimism has been…
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Buying a home requires a keen eye for not just the size and style of the building, but also its condition. When you attend walkthroughs, you should always be looking for problems. If you find yourself being swept away by sprawling ocean views or the magnificence of a chef’s kitchen, you could miss issues that…
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New data shows home values are continuing to rise across America as owners and buyers anxiously await a cut in interest rates by the Federal Reserve. The stubborn resistance of the Fed continues to hold back the property market, but the pressure of pent-up demand from buyers continues to move the needle of home values.…
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It’s not only first homebuyers who feel like they’re stepping into the unknown when home-hunting – owners selling for the first time go through a similar experience. The cost, process and complexity of selling their home often comes as a surprise, and there’s usually universal recognition of the need for help from a real estate…
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It feels like there are “hacks” for everything these days – and real estate has not escaped the attention of linguistic hackers. Have you ever heard of “house hacking”? It’s a Millennial catchphrase for renting out a bedroom, or a portion of your home, to help cover the cost of a mortgage. It’s especially popular…
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Navigating the process of buying a property can feel intimidating for most first homebuyers. Their biggest questions revolve around the amount required for a down payment and how to get a loan. Answers to both these challenges involve the word “depends”, which is frustrating. So, let’s try to break this down. What’s the deal with…
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Are you planning to sell your home this fall and asking whether your old kitchen is going to hold back the possibility of a good price and a quick deal? If that thought is going through your mind, then you probably know the answer already. You’re going to have to concede you must spend some…
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More homes are coming onto the market from a surprising source. A new survey has found more than half of Canadians who own a property in the United States are intending to sell up and stay behind the border to our north. The study, conducted by the Canadian real estate services provider Royal Le Page,…
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With America’s population aging, the supply of suitable accommodation for downsizers is becoming an emerging issue. Our population is aging due to the retirement of the large Baby Boomer generation and increased life expectancy. The proportion of Americans aged 65 is projected to reach 20% by 2030. Centenarians could quadruple over the next three decades.…
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With the spring sales season just around the corner, sellers will not only be planning how to maximise the value of their property but also contemplating the practicalities of moving to their next dream home. There’s a lot to think about, of course, including the physical moving of your possessions and the transfer of utilities…
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