Real estate has always been considered a long-term investment that appreciates in value. When money is lost in the real estate market, it’s usually due to selling a property too quickly and not allowing the property value to increase enough. Real estate markets rise and bottom out in a cyclic fashion, so before a home is re-sold, current market conditions must be taken into account. ...
Posted by Gary Arora
on November 26, 2013
In August to September of 2013, Canadian banks started to increase their five year fixed mortgage rate. The popular five year closed fixed rate was increased by all of the major banks.
Rates are still ridiculously low by historic standards, but quite a bit higher than rates were even last year, when under 3.00% was possible for a five year fixed mortgage. Lower rates are possible with other lenders ...
Posted by Ram Rajendram
on November 7, 2013
Contrary to Stereotypes, Millennials Are All Business, Boomers Are Social Butterflies When Home Buying
Canadians Want to Have Their Home, and Lifestyle Too
(VANCOUVER, BC) Oct 8, 2013: The adage "location, location, location" may need a rephrase according to the results of the CENTURY 21 Canada and RONA National Home Buyer Preferences Survey (conducted by Pollara Strategic Insights). Canadians ...
Posted by Ashley Lockyer
on October 8, 2013
Century 21 Canada Limited Partnership today announced the launch of the new CENTURY 21 Global Website at century21global.com. The new website will provide consumers around the world with centralized access to all CENTURY 21 property listings. The announcement was made at the CENTURY 21 International Master Franchisors Conference in Düsseldorf, Germany, earlier today.
The new global website enables ...
Posted by CENTURY 21 Canada
on October 4, 2013
When you're buying a home, get pre-qualified for your mortgage BEFORE you start looking and BEFORE you make an offer.
As a buyer, you know this to be true but do you know why? Here are a few benefits to knowing for certain that you have been approved to purchase a home:
1) You don't fall in love with a home that is more than what you can afford to buy.
Homes that sell for ...
Posted by Paige Gregson
on September 26, 2013
On every commitment there are privileges. Each lender has their own terms and conditions for these privileges, but they are generally as follows:
Assumption – your mortgage can be assumed by a purchaser, if they qualify to carry the mortgage.
The lender must approve this transaction.
An instance where you might do this is if you couldn't sell the real estate, ...
Posted by Kent Braaten
on September 18, 2013
Friday, September 13, 2013
12:30am Thank you for joining us in Kelowna!
CENTURY 21 Canadian Conference 2013 has now come to a close. Thank you to all attendees, webcast viewers from across Canada, vendors at the Supplier Expo, and Conference staff for making this event so memorable.
Happy travels! See you next year in Niagara Falls, ON!
11:30am Richard Robbins (keynote) real ...
Posted by CENTURY 21 Canada
on September 11, 2013
Purchasing real estate has been a profitable option for investors for a very long time. Many investors have made hundreds of thousands of dollars (in some cases millions) by purchasing properties, building equity, and then selling for a profit.
Here are four key considerations when deciding to invest in housing:
1) Affordability Purchasing a property and renting it out to cover ...
Posted by Pranav Jethi
on September 4, 2013
Home sellers often ask if there is anything they should do as far as staging is concerned. Similarly, first time homebuyers, perhaps stretched for funds after their first big investment, want tips on making that new house a home. Similar rules of thumb apply, so let's focus on developing the exterior beauty, roll up our sleeves and step outside:
Tackle big issues first. That spot ...
Posted by Dee Girdler
on August 28, 2013
Breaking down what makes a good layout is hard. People have different ideas of what is desirable and what is worth losing space over. Let's take six difficult layout choices and find which work best for you:
1. The bathroom Shower, tub, or both? Since housing prices are going up, many families are opting for a more suburban location, where bath tubs are more common, compared to the city ...
Posted by Jonathan Jones
on August 22, 2013