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What Are The Costs Involved In Buying A Home?

What Are The Costs Involved In Buying A Home? You’re ready to take the plunge! This is a very exciting time, so let me guide you through what the costs may be involved aside from the purchase price of the home. Plan and prepare.   Before closing you will need to cover the initial deposit with offer and assume the cost of a home inspection.   Deposit: With in 24 hours ...

Water Conservation in Your Home

Canadians are under the misconception that we have an abundance of fresh water, especially in Ontario with the Great Lakes surrounding us. Are we taking water for granted? Water conservation may not seem important to Canadians given that we live in close proximity to 20% of the world's fresh water supply, however; we must look at the global perspective and find ways to conserve water in our homes. ...

Important Insights Sellers Need to Know for Today’s Real Estate Market

Each year, it seems the housing market is a bit different—and whether it’s going to be a sellers’ market with inflated prices and bidding wars, or a buyers’ market with tons of choices and low prices—there’s no denying that this year’s housing season is upon us. So what does it have in store? Well, if you’re thinking of listing your home, that’s ...

Be an Eco-Driver

  Being an eco-driver means reducing environmental impacts and helping your wallet at the same time.  There are lots of things we can do to reduce additional environmental impacts of driving, even during these chilling winter months! A car is a common product that is directly or indirectly part of most people’s lives.  Many of us enjoy the convenience and comfort of driving; ...

Bank of Canada

This past Wednesday, the Bank of Canada announced a surprise 25-basis point rate cut. What does this mean for the real estate market? Historically, bank lending rates have a tendency of moving with BoC’s prime rate, which affects variable mortgage rates. While financial institutions have not reported changes in their lending rate, experts are expecting record low interest rates in Canadian history ...

How to Successfully Downsize Your Home

The era of the McMansion is coming to an end. Families are recognizing the benefits of downsizing to smaller homes over enormous homes. When was the last time you used your formal living room, guest room, or dining room? How much do those unused rooms cost in your mortgage, electricity bill, furniture and accessories, property taxes, insurance bills, and time/money spent cleaning those rooms? Consider ...

Market Watch 2014

The Greater Toronto Realtors have just released the latest sales report. Last month, there were 4,446 transactions reported through the TorontoMLS system, which represents a 9.6 per cent increase from December 2013, which saw 4,058 sales. The average selling price also saw an increase to $556,602 last month from $520,189 the same time last year, which is a 7.0 per cent rise. These upward trends mirrored ...

Advice for First-Time Homebuyers Buying their First Home

Advice for first-time homebuyers buying their first home can be exciting and overwhelming at the same time. This is one of the largest investments you will most likely make, so planning ahead is important. Here is some advice for people buying their first home: Start with the end and work your way backwards: too often the excitement of buying your first home can cloud your rational judgment. Before ...

What Empty Nesters are Looking for in a New Home When they Downsize

The Baby Boomer Generation is the largest age group of today's population. These retirees or soon to be retirees, are also looking to downsize from their current homes, and looking to purchase or build ones that are specific to their new needs and lifestyle. These buyers are very specific in their desires and needs. As these retirees pack up their large homes, many of which have seen the arrival ...

Tips for Generation X and Generation Y Homebuyers

Research has found that people who belong to Generation X and Generation Y haven’t been deterred by the housing market downturn. 75% of people belonging to Generation X and Generation Y believe that owning a home means they are successful, 69% of people say that the recent market downturn made them more knowledgeable about homeownership than their parents. It turns out that Generation X-ers and ...
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