Real estate prices displayed considerable resilience in 2024, but the burning question now is whether the supply and demand equation will keep values buoyant while we all wait for the much-promised and delayed interest rate cuts. Predicting when rates might fall from 4.35% is like playing roulette. With so many economic and geo-political factors in…
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Economic news might have been less than we’d have wanted for Christmas, but the property market is showing signs of resistance. And that’s good news for buyers and sellers alike. Prices are on the rise for the first time in seven months, according to the monthly Valocity housing report. While the 0.7% rise is not…
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As we enter 2025, Kiwis will be wondering what the property market holds for the next 12 months, and whether values will start to rebound on the back of some aggressive rate-cuts from the Reserve Bank of New Zealand. As an experienced agency, we can see a mixed picture that’s going to be dominated by…
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Two mortgage rate cuts of 0.5% in succession have given Canadians renewed optimism about the property market. The national average sale price has risen 7.4% to $694,411, according to new figures from the Canadians Real Estate Association (CREA). And with our cash rate now 3.25% – one of the lowest among developed economies – homebuyers…
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As we enter 2025, Canadians homebuyers and owners will be looking at a myriad of economic and political issues that could influence their decision to review and change their mortgage arrangements. While our agency does not pretend to be a financial adviser, it’s clear the situation for mortgage holders is changing quickly. The Bank of…
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Buying a home is a major investment, no matter the season. But as temperatures drop and snow starts to fall, commissioning a professional home inspection becomes even more critical. While a charming exterior covered in a blanket of snow might look idyllic, hidden issues can lurk beneath the surface. A professional home inspection will be…
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Selling your home is a significant financial decision, and the appraisal process plays a crucial role in determining its value. Understanding this process can help sellers prepare and ensure a smoother transaction. This article provides valuable insights into the appraisal process, its impact on your home sale, and key factors that influence property valuation. Sellers …
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Against a background of promises by President-elect Trump to lower prices, America’s real estate market may prove to be a challenge. Mortgage rates remain at 20-year highs while buyers face record-high home prices. The Federal Reserve’s rate cuts have been implemented but this has yet to affect the housing market or mortgages. Retail rates still…
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The New Year often brings a wave of fresh starts and renewed commitments. For those who own or aspire to own a home, this can be a perfect time to set some “smart” resolutions. But instead of vague goals, let’s focus on creating achievable objectives that will bring you closer to your homeownership dreams. Here’s…
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Negotiation is a critical skill in any real estate transaction. Whether you’re a buyer hoping to secure your dream home, or a seller aiming for the best possible price, understanding effective negotiation strategies can make all the difference. The bottom line in American real estate is simple – find a great agent. Their experience in…
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