Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with fixed rate mortgage products. New listings were also up year-over-year but by a lesser annual rate compared to sales. The resulting tighter market conditions when compared to […]
Mortgage grants and assistance programs you can use to buy a home. First-time Home Buyers’ Tax Credit This isn’t just small change – a $10,000 non-refundable tax credit could mean up to $1,500 back in your client’s wallet. It’s a sweet start to their home buying journey. First-Time Home Buyer Incentive This […]
Staying Cozy this Winter For some, winter is the best time of the year, while others will find the season less than ideal. Whether you live for the cold and snow or are counting down the days to BBQ season, the comfort of a warm home is something everyone can get behind. It’s quite […]
As we approach the winter months and the air becomes crisper, it’s the perfect time to start preparing our homes for the upcoming winter season. Whether you’re an experienced homeowner or a first-time buyer, these five home tips will help you ensure your home is cozy and ready for the season. Protect Your Windows and […]
Embrace the vibrant autumn season as it arrives, it’s the perfect time to infuse your home’s exterior with seasonal charm. Here are some creative ideas to enhance your fall curb appeal and create a warm and inviting atmosphere for your home: First Things Firsts, Porch Decor Welcome your guests with a warm and inviting entryway. […]
Converting Your Basement to an Income Suite With the current interest rates and economic scenarios, many Canadians may be looking for ways to bring in some extra cash. One option for this is to put your home equity to work and consider renovating your basement into a legal income suite! You can do this by […]
Are you eager to give your home a fresh look without breaking the bank? Here are five simple ideas that will help you save money and make you fall in love with your space all over again! 1. Enhance Your Curb Appeal First impressions matter, and updating the exterior of your home can create a […]
You can keep yourself and your house cool this summer and be kind to the environment at the same time. Here’s how. For many people, summer means BBQs, beach cricket and dips in the pool. But there are days when that harsh summer sun isn’t quite so fun and cranking up the air-con at home […]
If you’re thinking about selling your home, it’s important to make sure it’s in the best possible condition to attract potential buyers and maximize your sale price. Here are some tips to help you prepare your home for a successful sale. Make Necessary Repairs Before listing your home, it’s important to address any necessary repairs […]
Buying a home is a big investment, and it’s important to know what you’re getting into before you sign on the dotted line. A home inspection is a crucial step in the home-buying process, as it can help identify any potential issues with the property. In this article, we’ll take a closer look at the […]
Appraisal Tips for Success Before banks or lending institutions can consider loaning money for a property, they need to know the current market value of that property. The job of an appraiser is to check the general condition of your home and determine a comparable market value based on other homes in your area. This […]
Homeowner Insurance 101 Not all insurance products are created equal. It is important to understand all the different insurance products to ensure you have proper coverage. Below are the main insurance product options you will encounter with homeownership, and what they mean: Default Insurance: This insurance is mandatory for homes where the buyer puts less […]
The new guidelines issued by the Financial Consumer Agency of Canada recommend that Canadian banks take steps to assist mortgage holders who are facing difficulties due to a rapid spike in interest rates. These measures aim to alleviate the burden on borrowers and help them stay afloat. The guidelines include the following recommendations: Waiving […]
Did you know? The Canadian government has a program known as the Home Buyers’ Plan (HBP), which is designed to allow first-time home owners to withdraw up to $35,000 from RRSP for the purpose of buying a home! Purchasing with your spouse? You can access a total of $70,000 from your RRSP’s. The Home Buyers’ […]
Did you know? The Canadian government has recently introduced a First Home Savings Account (FHSA). This account is specifically designed to help first-time homebuyers save for their down payment without having to pay taxes on the interest earned on their savings. This means that the interest earned on the savings in the account is […]