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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With mortgage rates holding stubbornly at around 6.75%, first-home buyers continue to face a tough challenge to break into the property market. Only a few weeks ago, the National Association of Realtors (NAR) called for an increase in the building of new homes for first-time buyers following its own report that revealed existing homes were…
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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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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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Have you ever looked at your energy bill and wanted to scream? Not only does the cost of heating your home feel like it’s through the roof, but the data that electricity suppliers give to explain your bill can be bewildering and unhelpful. Following an unusually cold and wet winter, many will fear their bill…
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Home-hunting takes on an extra dimension when you are a pet-lover and you need somewhere that’s suitable for your dog or cat. According to data from the RSPCA, Australia has one of the highest percentages of pet ownership in the world. Some 69% of occupiers have a pet, with 48% owning a dog and 33%…
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The upcoming spring sales season is expected to be one of the most competitive moments for property buying in recent memory. After a period of high interest rates because of the post-Covid spike in inflation, we have seen the interest rate fall from a high of 4.35% in February to its current level of 3.6%.…
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