When purchasing your first property, much of the advice you receive focuses on location and the style of home that suits your needs. Too little insight and experience is shared about the importance of finding a home loan that’s tailored to your needs. With Canada’s interest rates falling since last June when it stood at…
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Investor confidence has returned to regional Australia due to its strong price resilience in the past 12 months and continuing demand for rental properties. Dwelling values in three-quarters of regional suburbs (72.6%) analysed by industry researcher CoreLogic increased over the three months to January. By comparison, fewer than half the suburbs in capital cities produced…
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Home prices have shown an initial resilience in the face of economic threats and actions from Washington. Prices slipped just 0.8% in February as buyers increased their caution and sellers decided that perhaps this was a good time to hold onto their properties. Uncertainty, however, can be your friend in the property market. It can…
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A collective “watch and wait” stance has been adopted by property owners as Canada holds its breath for the next installment from the White House. After the steel tariffs, we now have a 25% levy on our auto industry exports to the United States. At the time of writing, the world was poised for so-called…
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A grey area of the purchase process comes immediately after a seller has accepted your offer – the assumption your lender will support your assessment of the property’s value. With the help of your agent, your proposal should reflect market value and not be a million miles away from the seller’s target price. But what…
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Plenty of advice is given to first homebuyers about selecting a property and how to handle the transaction, but little attention is paid to explaining a few important tasks that are necessary after taking possession. First homebuyers remain one-third of the buyer market and their active participation bolsters values in the lower market quartile. Their…
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When buying your first home, you’ll find there’s never a shortage of free advice. But in a world of so many opinions and instant experts, there are always going to be a few myths floating around to confuse you. As an experienced agent, I hear many first homebuyers make statements that illustrate they’ve been innocently…
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With a modest cut of 0.25% in the cash rate in February, many young buyers have been asking why interest rates have been so high. To many older Australians the current cash rate of 4.1% represents incredibly cheap money. Many will recall the days when banks charged up to 17% in the early 90s. Those…
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It’s amazing how your decision on where to position your television can dictate the rest of the living space in your home. For first-time buyers who’re just moving into their home, it’s one of the first decisions they need to make as they sit among all the packing boxes, trying to work out what goes…
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We all know the property market warms up when spring and summer come around. And 2025 could be hotter than anyone anticipated. The Bank of Canada has reduced the interest rate for the sixth time since last April, and inflation remains low and stable at 1.8%. For many upsizers and first-time buyers, the question is…
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