Tag: country_ca

How to rejuvenate scratched hardwood floors

Constant foot traffic and the inevitable knocks of everyday living eventually take the gloss from any hardwood floors. Many buyers highly value a beautiful wooden floor. It’s an elegant foundation that sets the tone for the rest of the property. These tips will help restore these floors to their former glory. Return on investment: If…
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Five renovation challenges that make upsizing a great option

If you’re weighing up the pros and cons of selling your home or renovating, there’s a temptation to stay in place, shying away from the commitment of finding a new home in a highly active and competitive market. As an experienced agency, we’ve worked with many clients who began their home-selling journey by renovating. They…
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Do you need to upsize your home? Here are some options

If your kids are screaming at each other in their bedroom and demanding you dispense punishment for whatever sin has been committed, maybe it’s time to upgrade your home. Separate bedrooms will not only be good for the children but also help maintain your sanity. “Family” is the most common reason for homeowners deciding that…
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‘Historic’ mortgage reform to help first homebuyers

New loan rules to expand insurance mortgages from 25 to 30 years are set to take effect next month to help first homebuyers into the market. By increasing the repayment period five years, first-time buyers will face lower monthly mortgage bills.  However, if the loan were to go to full-term, they would pay more in…
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Look twice before breaking your fixed-rate deal

If you’re watching Canada’s interest rate tumble faster than anywhere else in the world right now, you’ll either be delighted you have a variable lending rate or annoyed you took a gamble on a fixed rate. For those who gambled and lost, the temptation is to call the lender and immediately ask for a new…
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Rate cut to put bounce back into the market

Forecasting the recent ebbs and flows of our real estate market has been less about overall economic wellbeing and market sentiment and more about the raw impact of high interest rates. With the Bank of Canada’s (BoC) latest 0.5% reduction in the cash rate, we have now seen the base rate fall 1.25% in a…
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Young Canadians sideline marriage for property goals

Forget wedding bells, young Canadians are more interested in being a homeowner. Some 40% of under-30s say buying a property is critical to their five-year plan, signalling a preference over travel (30%) and marriage (24%). The survey conducted by the Royal Bank of Canada comes as interest rates have dropped a further 0.5% to 3.75%,…
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Prices forecast to rise in 2025 as deal numbers increase

The dial is starting to move as more Canadians enter the real estate market. Sales activity was 1.9% higher for September compared with August, which is the last month of the traditionally popular selling season. It’s the third successive month that an increase in transactions has been recorded by the Canadian Real Estate Association (CREA).…
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Setting Real Estate Goals for the Holidays

It’s the perfect time to focus on your real estate goals with the interest rate another falling 0.5% to 3.75% and with the possibility of more cuts coming from the Bank of canada. Property ambitions are certainly going to be a keen topic of conversation this upcoming Holidays, that’s for sure. If you’re psychologically ready…
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Five ways to ‘prep’ your home for a successful sale

In today’s competitive real estate market, simply listing your home isn’t enough. You need a strategic edge to stand out from the crowd, command attention and secure the best possible price.  While staging and decluttering are essential steps, savvy sellers know the real secret lies in meticulous preparation.  Even minor imperfections can be red flags…
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