Follow these tips when preparing your home for sale: Stage each living area to help potential buyers imagine living in that space. Keep all rooms clean, including children rooms. Remove clutter and extra furniture to help the space feel clean and larger.
7 Tips to Maximize Your Home’s Sale Price
The past few years, real estate buying frenzy has bid up home prices to eye-popping levels. Now, as mortgage rates have risen, buyer demand has cooled.1 Home sellers who enter the market today take note. The reality is, it’s not enough to stick a “for sale” sign in the front lawn and wait for buyers […]
Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home
Deciding whether it is a good time to buy your first home is never an easy decision. But in today’s whirlwind market, you may find it even more challenging. A real estate boom during the pandemic pushed home prices to an all-time high.1 Add higher mortgage rates, and some buyers are wondering if they should […]
8 Strategies to Secure a Lower Mortgage Rate
Interest rates have risen rapidly this year, triggered by the Bank of Canada’s efforts to curb inflation. And the July MNP Consumer Debt Index found that 59% of Canadians “are already feeling the effects of interest rate increases.”1 Why has the impact been so widespread? In part, due to the rising popularity of variable rate […]
10 Pro Tips for a Smooth Home Move
The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new place. Fortunately, you don’t have to do everything in […]
7 Costly Mistakes Home Sellers Make (And How to Avoid Them)
No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling in a new place. Almost all sellers want to make the most […]
Higher Rates and Short Supply: The State of Real Estate in 2022
Canada’s housing market hit a boiling point last year as homebuyers clambered for real estate in regions with significantly more demand than supply. But now that homeowners and buyers alike are feeling the pinch of rising interest rates and record inflation, the market appears to finally be simmering down. That, in turn, could create a […]
5 Ways to Write a Winning Offer in Today’s Real Estate Market
Our nation is in the midst of a shifting real estate market. But even as the buying frenzy begins to slow, many properties are still receiving multiple offers.1 So what’s the best way to compete as a buyer–especially if you’re wary about overpaying? While a high offer price gets attention, most sellers consider a variety […]
Seller’s Checklist: A Timeline to Prep Your Home for Sale
We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with your real estate agent as soon as possible. Having the eyes and ears […]
Hedge Against Inflation With These 3 Real Estate Investment Types
The annual inflation rate in Canada is currently around 5.1%—the highest it’s been in 30 years.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend Canadian dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in real estate […]