Real Estate

MAKING A MOVE IN THE 2023 REAL ESTATE MARKET? – BE PREPARED WITH THESE 4 TIPS

1. Take exterior photos now First impressions are everything. It’s hard to show prospective buyers the full potential of your yard with the accumulation of snow, your patio set covered or put away, and the pool closed. Providing them with photos taken in the summer/fall helps them visualize your beautiful yard in its best light. 2. Get pre-approved & lock in your interest rate for up to 120...

What Is More Affordable – To Rent Or To Buy?

Rental rates are on the rise. Interest rates are on the rise. And house prices are coming down. So what does this mean? Should you rent or is it the right time to buy? We need to look at historical averages over 25 year terms instead of just today’s market, as any savvy investor looks at investing in a long game format. There are a lot of factors which could make a mortgage or rental...

Rockside Cabin – Lakeside Rental Retreat

Over the past 6 months, Rockside Cabin has been our labour of love. We instantly fell in love with this truly magical cabin at our first showing and since taking ownership have worked to keep that authentic cottage charm alive while making sensible improvements and adding our own touch. We are so happy to be able to share our slice of heaven with you and offer Rockside Cabin as a vacation...

Bank of Canada Increases Overnight Rate to 2.50% – WHAT DOES THIS ALL MEAN!?

In Wednesday’s announcement, The Bank of Canada raised its benchmark interest rate by 1.00% which was a larger increase than had been anticipated. This is the largest single increase in the overnight rate that we have seen in more than 20 years.   Why? During the pandemic the central bank cut the lending rate to stimulate the economy by encouraging people to borrow and invest at a low rate. It...

9 Local Events to check out this June

It’s happening! Summer is here! Everyone loves a good summer vacation, but there are so many incredible events taking place in your own backyard. We love to stay connected to our community and what better way than to get involved with local businesses and events. Whether you’re interested in music, sports, the arts, community fundraisers, or comedy, there is something for everyone happening...

CREA To Launch Open Bidding Program

The Canadian Real Estate Association(CREA) has announced that it’s starting a pilot program that will allow the public to see real-time offers as they are registered on properties via REALTOR.CA. The details regarding the launch of this program are still vague as they are still completing their due diligence on determining the appropriate place or places to launch.   CREA’s Chief Executive...

We’ve Started A Youtube Channel!

At the Anderson Realty Group, we believe home isn’t simply a place—it’s where you spend precious moments and create lasting memories with the people you care most about. We are inspired every day that we get to be an intimate part of one of life’s greatest moments, homeownership.  Our personal approach brings an awareness and a respect for your life, your relationships, your emotions, and your...

What Impact Will Increased Interest Rates Have on the Hamilton-Burlington Detached Housing Market?

On Wednesday March 9th the Bank of Canada announced that it was raising its key overnight lending rate by a quarter of a percentage to 0.5%, as it attempts to fight inflation caused by the COVID-19 pandemic. Homeowners with a variable rate mortgage will immediately feel the effects of the higher rates on their monthly payments, but what does this means for the current detached real estate...

5 Home Staging Tips For A Quick Sale

Home staging is a method of decorating meant to highlight your home’s most impressive assets and help Buyers imagine themselves moving in and living there. To maximize your home’s value, you want it to look its absolute best for potential purchasers. Here are 5 quick home staging tips that can make a substantial impact. 1️. Stage where it counts Not all rooms are considered equal when it comes...

Omicron slows real estate inventory, while increasing prices

The pros and cons of the 4th wave Pros In the face of uncertainty, it’s challenging for policymakers to raise interest rates. Omicron may cause a push back on the plans to increase rates early in 2022 and money will remain cheaper for longer.With restrictions imposed on travelling and entertainment, people will have more available money sitting in the bank, hopefully increasing their saving...

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