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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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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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 wasn’t so long ago Canadians were talking about mortgage costs and property prices as one of the nation’s most pressing concerns. Times move quickly, however. Now conversation has swung to the possible impact of tariffs from the United States, and our economic wellbeing (not to mention this year’s coming election and changes at the…
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Price data trends are most powerful when you’re able to drill down into a neighborhood or its surrounding area, providing you with real-world examples of how a market is behaving. Talking to a local agent, such as myself, about property values for the type of home you’re either selling or buying is always a smart…
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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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There’s a growing appreciation of walkable neighbourhoods – those vibrant urban enclaves where daily necessities and leisure activities are within strolling distance. This shift reflects a desire for a more connected, active and sustainable lifestyle with benefits ranging from improved health and well-being to reduced environmental impact. A walkable neighbourhood is characterised by its pedestrian-friendly…
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If you’re planning to sell your property in 2025, this is the perfect time to create a strategy that will ensure you will always have control of the situation and finish with a great selling experience. In real estate, it rarely pays to rush. And this is never more true than for owners who need…
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Zillow economists have crunched the numbers! They’ve analyzed their page-view traffic for nearly 2,300 American cities – plus data on property value growth and days on the market – to rank their users’ most desired locations. Would you guess Zillow users wanted the excitement of New York or L.A.? Or would they prefer those peaceful…
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Preparation is everything when it comes to painting, they say. And real estate agents will tell you one of the cheapest and highest-impact strategies to enhance your home before sale is to paint the exterior and interior. Many owners will opt to paint themselves, especially if the priority is inside the home. And while preparation…
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