Selling

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...

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...

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...

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...

4 Great Reasons to Sell Your Home This Fall Season

It goes without saying that the spring is a great time to sell a house. The weather is warming up, things are blooming, and many home hunters are in the mood to shop around. That being said, there are some significant advantages that come with listing your home in the fall. With the arrival of September, we encourage Sellers to take a look at what the fall real estate market has to offer. Here are 4...

Landscaping Tips To Sell Your Home

Landscaping is the “welcome mat” for a home! It's the first impression a buyer receives for a home’s curb appeal, setting the tone for the rest of your home's design, and the amount of perceived care you pour into maintenance throughout. We have partnered with Mifsud Landscape and Design to bring you these 5 tips on how to make your yard a selling feature and bring buyers through the front...

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