If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever. That’s because some sellers are finding […]
buying a home
The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021. Home […]
Real Estate in the Digital Age If you’re like me, you like your smartphone, and you use it for a variety of tasks. When it comes to real estate, people are using the internet, especially their phones and tablets, more than ever! In fact, a recent American study found that over 75% of all buyers […]
At the beginning of the pandemic, real estate professionals and economists, across Canada predicted dramatic price reductions in real estate markets. While the cities may have seen such dips, we haven’t experienced them here. Prices have remained stable and even increased, in some areas.
Traditionally, spring is one of the busiest times of the year for real estate. But the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, sales volume fell to its lowest level since 1984, according to the Canadian Real Estate Association.1 However, while sales have fallen, prices have remained stable.
Whether you plan to visit a bank or enlist the help of a mortgage broker, you should get in touch with a mortgage pro, before you start pounding the pavement.