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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Losing a property you had your heart set on can be disappointing, but you must ensure that it doesn’t turn you into a vulnerable buyer. You must remind yourself to fight the emotions of missing out and stick to the fundamentals of a property search. Whatever you do, don’t fall into the trap of feeling…
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Homes that have been recently remodeled or well-maintained often attract significant buyer interest. This trend reflects the challenges many buyers face when considering properties that need substantial work. Whether you’ve added an extension, updated a bathroom or kitchen, or made other significant improvements, these enhancements can make your property more appealing to a wide range…
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