Category: Buyers

Six tips for taking a bridging loan when buying first

One of the most common questions asked in real estate is whether it’s better to sell first and then buy, or take the opposite approach. Unfortunately, there’s no right or wrong answer as it depends on your financial situation, risk tolerance and the prevailing mood of the market. While selling your home first reduces financial…
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A great agent is essential as market discounts rise

The importance of your relationship with your agent should never be underestimated – they can make or break a successful buying or selling experience. You want to have confidence they’re on your team and invested in making the best deal possible on your behalf. An experienced, quality agent will help protect you from a few…
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Young buyers optimistic but wary of market trends, says survey

Knowing your buyer is an essential part of executing a successful property transaction – and every seller should expect their agent to have an intimate knowledge of their target market. With GenZ and Millennials either buying their first homes or upgrading to a second, they have become an important part of the market. While most…
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Existing home values up $141,000 in five years to hit record

The median price of an existing American home has hit a record high, increasing 2% year-over-year in June to $435,300. The value of an existing home has increased almost $141,000 in the past five years, according to the latest “Existing-Home Sales Report”, issued by the National Association of Realtors (NAR). Just 12 months ago, the…
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Foreign buyers give real estate $56bn vote of confidence

Investors and landlords wondering about the future value of real estate may find inspiration from new data indicating American property has hit new heights of popularity with foreigners. Investment by international buyers is up 33.2%, according to the National Association of Realtors. They spent $56 billion on 78,100 properties between April 2024 and last March.…
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Five reasons to upsize and improve your lifestyle

Are the walls closing in on you? Does the feeling of a growing family feel almost suffocating? Are the kids getting to an age when it’s not just impractical but emotionally impossible to share a bedroom? Are your parents getting a little old to maintain their own home? If the answer to any of these…
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Fall promises to be a great time to buy, says Zillow

As Americans enjoy their summer vacations, it has become increasingly hard to get a solid fix on real estate.  Prospective buyers and sellers await interest rate cuts, any inflationary impact of tariffs and wonder what the inevitable flow-through to the housing market will be. As one Zillow economist observed, Americans are playing a “wait-and-see” game…
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Eight myths dispelled for today’s first-time buyers

With the number of homes on the market increasing, and the summer sales season coming to a close in a few weeks, first-time buyers have a rare opportunity. There’s more choice than there has been for nearly six years, and research suggests a quarter of all sales are only finalized after the seller has given…
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Affordability hits three-year high in two-speed market

Owning a home is more affordable now than at any time in the past three years, according to analysis from the Royal Bank of Canada (RBC). A negligible drop in values – down 0.2% in June compared with May – combined with an aggressive campaign of interest rate cuts by the Bank of Canada (BoC)…
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Confidence rising as more buyers strike deals

Confidence is returning to the Canadian real estate market with resales tracking 2.8% higher in June and values stable, just 0.2% lower. It’s the third successive month that we’ve seen resale data move upward, indicating that Canadians have put aside previous concerns about the economy, job security and the furore over American tariffs. All three…
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