For anyone buying a property, it’s easy to assume that so long as you meet the basic criteria to secure a mortgage, your lender will be only too happy to take your money. While that is largely correct, there are some internal rules that banks apply, especially to those buying into apartment buildings, that can…
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Limited stock of homes for sale is helping to push values higher as the spring selling season gets into full swing. Deal values have continued to edge higher every month since February, according to the latest data from industry researcher Cotality (formerly CoreLogic). The market has registered another 0.7% upswing for August. For metropolitan areas,…
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Buying the first family home is a landmark moment in most people’s lives. For Australians, it’s seen as a rite of passage. Having somewhere to raise your children is a fundamental pillar of our society. Buyers are right to want to take their time and make the right choice. For some families, you may stay…
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Buying an apartment requires a different approach to purchasing a house – you have an ownership structure to consider, along with strata fees and investment potential. In today’s fast-paced market, an increasing number of first-time buyers and investors are now tailoring their expectations to encompass apartments. As house prices accelerate in the current climate, an…
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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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Average values for existing homes are on the rise and the National Association of Realtors has reported a year-over-year 2% increase in deals for July, putting America on track for an annual sales volume of 4.01 million for 2025. NAR said the median average value for a family home rose 1.7% year-over-year to $429,400 –…
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Leading industry researcher Cotality has published new research stating buyers are finding the process of a home “overwhelming” and more than 90% say they have had “at least one moment of doubt” during the transaction. The survey found issues tended to be grouped along generational lines. For example, Baby Boomers don’t love using the portals…
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With green shoots appearing in the Canadian housing market – sales volumes are up 6.6% year-over-year – where are values heading in the short-term? Should you buy now before everyone jumps back into the market on a wave of renewed confidence? The Royal Bank of Canada (RBC) says there are now encouraging signs for the…
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With the number of homes being bought across Canada, and the fall sales season beginning, first-time buyers have a rare opportunity. There’s more choice than there has been since the start of the pandemic. First-time buyers should feel optimistic that momentum has shifted a little in their favour. Values in British Columbia and Ontario are…
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One of the biggest contributors to the long-term value of your property is location and local infrastructure. Areas where governments are investing in trains and schools quickly begin to contribute to higher local prices. A recent survey from the industry researcher Cotality (formerly CoreLogic) outlined how buyers were paying six-figure premiums to live in suburbs…
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