Property Taxes in Canada For a lot of first time homebuyers understanding how property taxes work in Canada can be intimidating. Some questions one might have could simply be; where is my money going? Some of the revenue that’s collected via property taxes goes toward both the municipal and provincial governments. But understanding exactly where […]
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Alternative Mortgage Lenders Have you heard of Alternative Mortgage Lenders? In this blog post we hope to explore what you can expect when you choose this option for a mortgage lender. At this time the Bank of Canada continues to raise interest rates and this has had an impact on the mortgage market. The effect
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Advice for First-Time Homebuyers This is an exciting time, you’re looking at listings and the prospect of being a homeowner. Not only is this a big step but it’s also an opportunity to make a major investment. Being a new homeowner comes with a lot of responsibilities, this blog is here to help you navigate
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Could The Housing Market Downturn Be Over? Could the housing market downturn be over? Housing prices appear to be on the rise again in Canada’s bigger cities, such as Toronto and Vancouver. It’s also been reported that most real estate markets in the country saw a rebound recently when compared to March 2023. In this blog,
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Should I Sell Now or Wait to List My Home? Many have been asking, should I sell now or wait? I hope to add some perspective in this blog post. It’s true that during the pandemic we saw the increase in the price of residential properties and a slowing of the inventory of properties for
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Burlington Real Estate Statistics The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 765 sales in February 2023 in the entire RAHB market area. This was a 37 per cent decrease from the previous year. The majority of this decrease was in properties priced lower than $800,000. “An increased hesitancy to list impacted the
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What is a balanced real estate market? What is a balanced real estate market? The real estate market has seen a lot of change recently and that means a move toward a more balanced market. Learning about the different market types is important for those seeking to purchase a home. In this blog, I’ll discuss
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Canadian Real Estate Market Stats for December 2022 In this article we’ll learn about the Canadian real estate market statistics and the Burlington real estate statistics. Recently both the REALTORS® Association of Hamilton-Burlington (RAHB) and the Canadian Real Estate Association (CREA), released their statistics for December 2022. There were a total of 98 sales of
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Variable-Rate Mortgages Reach Trigger Rate There was recently an article published in the Financial Post about the fact that variable-rate mortgages are now hitting their trigger rate. The article also talked about how this will effect Canadians financially and what to expect. Before we get into the details let’s learn a bit more about what
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Burlington Real Estate Statistics The REALTORS® Association of Hamilton-Burlington (RAHB) reported a total of 756 sales in October 2022. In the Burlington real estate market area there were a total of 168 residential sales. This was a 33.3 per cent decrease when compared to the same time last year. New listings in the Burlington real
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