Downsizing your property is often painted as the solution to every homeowner’s cash flow challenge once they retire. And in the current environment of rising mortgages and living costs, downsizing is on the mind of an increasing number of homeowners. Selling your home for a profit and purchasing smaller, more suitable accommodation may be the…
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Don’t panic if you want to sell your home but fear you’ve missed out on the spring and summer buying bonanza. Fall is actually a great time of the year to put your property on the market. The reality is that the economy, not the weather, dictates prices and buyer behavior. There are additional benefits…
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As real estate continues to achieve record prices and prove once again its value as a long-term investment, there’s never been a more important time for buyers to make sure they have a healthy deposit. The recent sequence of interest rate rises that have pushed mortgage rates to around 6% means buyers must manage their…
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Downsizing is becoming an increasingly attractive proposition for those entering late-middle age and even younger owners concerned about the ongoing costs of maintaining a large home. The National Association of Realtors (NAR) says one-in-four transactions now involve a seller seeking to downsizer. And data from Freddie Mac suggests the supply of new smaller homes –…
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Buying a home is a big life decision, and it’s certainly a challenge when you’re at the back end of a global pandemic and your social media and TV is saturated with coverage of the conflict in Europe. If you’d ask most real estate agents just a few years ago what impact such global events…
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Buying your first property is an unforgettable experience, and it’s one of the most important decisions you’ll make to set yourself on the path of wealth creation. But, owning a first home can also be unforgettable if you’ve never redecorated or renovated before. Figuring out how to hang wallpaper or what colour to paint a…
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Are you confused about the state of the real estate market right now? Values continue to rise through the roof; the median national average is currently 10.8% up year-on-year, yet the National Association of Realtors (NAR) reports fewer homes are coming on the market as sellers hold their most important asset. NAR’s latest numbers say…
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Most buyers will qualify their interest in a home for sale by looking at the quality of the bedrooms. If the main bedroom is too small, or the spare room too tiny, they may walk away. So it’s important to focus on presentation in these rooms. Buyers are not only interested in the number of…
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Many individuals and families face the important decision of whether to continue renting or to purchase a home. This choice can be influenced by various factors, including personal financial situations, local real estate market conditions, and long-term goals. Rental markets can experience fluctuations, with some areas seeing significant increases in rent over time. These changes…
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The exhilaration of buying a first property is unforgettable: your home is full of endless possibilities. As a first-time owner, you’re likely to want to put your mark on your new home, and that means hitting the furniture stores and redecorating. But, don’t be too hasty because if you rush the process, you also risk…
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