Annual consumer prices are continuing to fall, and that’s good news for property buyers and sellers hoping to see a cut in interest rates in the near future. Statistics Canada says the April annual inflation reading was 2.7%, down from 2.9% in March. A 1.4% drop in food prices helped achieve this positive result. However,…
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Are you a first-time homebuyer feeling daunted by saving for a down payment? The First Home Savings Account (FHSA) might be the solution you’ve been looking for. This registered account is explicitly designed to help Canadians achieve the dream of homeownership. What sets the FHSA apart is its unique blend of tax advantages and flexible…
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Every mortgage type offers different options, and which one a buyer chooses will impact their future finances. The two main groups are fixed-rate and adjustable-rate mortgages (ARMs), which fall under the banner of conventional loans or those that the government doesn’t back. Other loans are government-backed, while jumbo loans are typically utilized for luxury, high-cost…
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A home that goes on the market unfurnished presents additional challenges for prospective buyers. That’s because they’ll need an excellent sense of perspective and a good imagination to picture what the property might look like when furnished. Often, buyers will fear a property is smaller because it lacks furnishings to give some perspective to its…
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It’s no secret America is experiencing a real estate market in which the seller has the upper hand. Historically low rates of homes coming onto the market have created this situation, even though our mortgage costs remain high as the Federal Reserve continues to keep the cash rate high to fight inflationary pressures. Yet even…
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As your local real estate agent, our group is constantly aware of developments that may have an effect on the housing market. A significant upheaval might be approaching. Imagine a time when it will be lawful for Australian employees to insist on working remotely. The Fair Work Commission is reviewing this possibility. If these reforms…
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Redecorating your bedroom can be a fun and exciting project that can breathe new life into your personal space. These steps will help you achieve a great result: Assess the room Before you begin any remodelling project, it’s essential to assess your space and figure out what you want to change. Identify any issues that…
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The Canadian housing market recorded mixed results at the end of the spring selling season. While some provinces saw record-breaking average home prices, others experienced a downward adjustment. Our market is stabilising with the number of sales and their prices levelling off in many areas. As an experienced local real estate agency, we believe the…
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As experienced real estate agents, we know that buying a home for the first time can be intimidating—but it doesn’t have to be! A great buying journey often depends on the questions you ask the seller and their agent when visiting the house or apartment. Below, our agents have listed five helpful questions to help…
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If you intend to upgrade your entry-level home, or you’re an investor seeking to divest a cheaper property, you’ll likely have to deal with the Gen Z buyers as they start to filter into the real estate market. The Gen Z cohort, which follows the much-discussed Millennials, were born between the years of about 1997…
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