Although a growing number of women can be counted among top producers and brokers of record, brokerage ownership remains preponderantly male-dominated
Compared to last year, average monthly household payments are now much higher
Bidding wars can be a dangerous territory for buyers to step into, especially if they are not educated or are unfamiliar with the intricate elements of the process.
Many first-time home buyers believe that once they have saved their minimum down payment and pre-qualified for the home of their dreams, they are ready to jump into the world of home ownership.
First-time home buyers may have increased their average budget, but a new report indicates that they are also waiting longer to make that first purchase in the wake of increased housing prices.
The Places to Grow Act has fundamentally shifted the nature of home construction from single-family detached and semi-detached homes in the outlying regions of the GTA to condominium units in in building scattered across the city.
One industry analyst is questioning how the Canadian Real Estate Association (CREA) reports its home sales data, suggesting his own analysis points to a less frenetically-paced market.
In the world of real estate, the more people who see the listings of homes for sale, the better the deal will be in the end for the home sellers – and, by extension, the Realtor. However, it is vital to ensure that those who are viewing the property are actually qualified and motivated homebuyers.
Buyers have to be ready to jump into the market when the right opportunity presents itself. Not being prepared could cost your client greatly.
Ask any Realtor or mortgage broker about home first-time homeowners, and you’re bound to hear stories about parents providing financial assistance.
Condo parking spots are expensive and often deemed unnecessary by many buyers. But are your clients missing out on long-term appreciation by not investing now? Erica Smith and Joy Patterson from The Condo Chicks discuss the current parking wars in Toronto.
One industry player is calling on mortgage insurers to make a list of red-flagged properties available to Realtors, after a deal fell through in the 11th hour.
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