Archives

April 2022

How Sellers Win When Housing Inventory is Low

April 27th, 2022 A recent report from the Canadian Real Estate Association (CREA) revealed that two-thirds of the nation’s housing markets are slanted in favour of sellers. With supply failing to keep up with demand, this could be the top trend for the foreseeable future. For years, housing development has been tepid, resulting in supply falling short…

How Will Higher Interest Rates Impact My Mortgage?

How will higher interest rates impact my mortgage? It’s a question more homebuyers and homeowners are asking, in the wake of the Bank of Canada’s recent interest rate hikes. We consider many variables in life before making any big decision, and one of the most important ones to think about when buying a home is the…

5 Reasons Why You Should Get Pre-Approved for a Mortgage

Buying a home for the first time is an exciting experience. While the process can be stressful at times, there are ways to limit unnecessary anxiety, and one of the most significant ways is to get pre-approved for a mortgage before you begin your house-hunting adventure. To put it simply, being pre-approved for a mortgage means that a lender…

5 Reasons Why You Should Get Pre-Approved for a Mortgage

Buying a home for the first time is an exciting experience. While the process can be stressful at times, there are ways to limit unnecessary anxiety, and one of the most significant ways is to get pre-approved for a mortgage before you begin your house-hunting adventure. To put it simply, being pre-approved for a mortgage means that a lender…

5 Reasons Why You Should Get Pre-Approved for a Mortgage

5 Reasons Why You Should Get Pre-Approved for a Mortgage Buying a home for the first time is an exciting experience. While the process can be stressful at times, there are ways to limit unnecessary anxiety, and one of the most significant ways is to get pre-approved for a mortgage before you begin your house-hunting adventure. To…

Province Cracks Down on Foreign Speculators in Ontario Real Estate

Ontario real estate is more expensive, and thus, less attainable than ever. In an effort to cool the hot housing market, the Ford Government has increased and expanded its foreign homebuyer tax, effective today. The Non-Resident Speculation Tax (NRST) first took effect in 2017 as a 15-per-cent tax applied to properties within the Greater Golden…

Buy First or Sell First?

If you are a homeowner and you decide to enter the market, you’re faced with a difficult question: Especially if you’ve never sold your home before. Do you buy your next home before selling? Or do you sell your current home before buying? We reached out to our RE/MAX Influencers—a panel consisting of RE/MAX Sales…