Archives

July 2021

Canadian Real Estate and the Blind Bidding Debate

Low supply and high demand have given sellers the edge in the Canadian real estate market, and blind bidding has become much more common over the last year, artificially inflating housing values nationwide, and leaving many families sitting on the sidelines. What is it exactly? Blind bidding is the process of submitting a bid without knowing what the other…

Hidden Costs of Home Ownership

Buying a home is one of the biggest purchases you will make in your lifetime. While the initial purchase of a home is a big cost, it is important to keep in mind the expected – and unexpected – costs of owning a home. From maintenance fixes and utilities, to insurance and emergency costs, it…

8 Features Homebuyers Are Demanding in 2021

Here’s what everyone is looking for in a post-pandemic home (yes, including pizza ovens). The pandemic has changed our lives in every way imaginable. And being at home in “lockdown” mode for so long caused many homebuyers to rethink what they want in a home. Just as we learned (at least some of us did)…

7 Ways to Spot Housing Needs vs. Housing Wants

As the Canadian real estate market becomes even more competitive, buyers are having to make tough choices when it comes to choosing between their housing needs and wants. Before you lose out on purchasing that potential dream home, learn how to weigh your wish list against a reality check. Housing Needs vs Wants Big Yard…

Home Renovations That Buyers Want, According to RE/MAX Brokers

What are the home renovations that buyers want to see on the market? It’s a great question, and one you’ve likely pored over if you’re preparing to list your home for sale in the near future, or you’re embarking on a renovation with a thought to long-term resale value. According to the 2021 RE/MAX Renovation Investment…

What Happens at a House Showing?

What happens at a house showing? This important question has historically been eclipsed by others like, “How much should we list for?” and “How long will it take to sell?” However, COVID-19 has home many sellers considering showings from a different perspective, with extra attention paid to safety, convenience and current best-practices (think technology). Here’s what…