The economic uncertainty instigated from Washington has dampened the mood of the spring real estate markets in Canada and the United States. A time of year that’s traditionally associated with optimism and a desire to buy and sell homes across the country has been overshadowed by caution. While we have never seen an economic twist…
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For first homebuyers, there’s a lot of focus on getting your credit score in great shape. Why? Because it totally affects the amount of money and interest rate a lender will offer you. Put simply, your credit score is a big deal when seeking a mortgage to buy a home. Explaining how it is calculated…
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Sales of existing homes are tracking at four-million-a-year as America’s strong record of value increases continues, according to the latest housing report from the National Association of Realtors (NAR). Prices are up 1.8% on 12 months ago, and we have chalked up our 22nd successive monthly increase in values. Existing home sales dipped 0.5% in…
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Government data shows Americans are leaving expensive coastal cities and heading back inland for cheaper property and increasing job opportunities. According to US Census Bureau data, an estimated 39% of our population are now living in heartland America, an increase of 2.65% from four years ago. This trend could be important if you’re a property…
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Paying for closing costs is just a reality of life that comes with buying real estate. There’s no escaping it, but you can shop around to reduce the expense of this obligation. For first-time buyers, it’s worth stepping through this part of a property purchase. Closing costs include legal and title search fees, required insurances,…
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Every cent counts when you’re saving for a deposit on your first home – and the ability to negotiate a competitive rent during this period can make a significant contribution to your financial progress. You should not underestimate your negotiating power when either renewing an existing lease or seeking a new rental. Zillow says that…
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Strong opinions are often voiced about the best time to sell your home, but the simple truth is that you should prioritise your personal circumstances before worrying about whether the sun will shine, or if dark winter clouds hover on the horizon. If you have a growing family and feeling squeezed for space, or you’re…
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One question that vexes many homeowners when they go away for the weekend or even on an extended vacation is whether to leave on the lights to give the impression someone is present. And is there any point in keeping the exterior lights on? Is any burglar really going to be fooled? Motion sensor lights…
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The search for buyers has never been more important as the market mood continues its cautious optimism supported by strong employment trends and continued economic growth. The stock market gyrations in recent months on the back of tariff threats and promises of constructive trade negotiations mean the search for buyers is becoming increasingly competitive. Upsizers…
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Many young Americans saving for their first home don’t have the luxury or desire to continue living with their parents. Instead, they must build up their savings for a deposit while paying rent. It can take two or more years to gather enough cash to start to seriously think about buying your first home. And…
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