November 2019 released new changes to real estate agents and brokerages in Ontario. The draft bill to change the Real Estate and Business Brokers Act, 2002 (REEBA 2002) has not yet been approved. The new act will be called the Trust in Real Estate Services Act. The real estate market in Ontario has seen big […]
New real estate rules in Ontario Read More »
Last month (October 2019) Kitchener-Waterloo Association of Realtors’ release reported that “strong home sales continued in face of low inventory”. Home prices continuing to rise as inventory levels still well below historical averages. This is highly competitive real estate market, and the importance of working with a realtor at a seller’s market is very obvious.
Tips for Home Buyers in a Sellers’ Market Read More »
Canada Mortgage and Housing Corporation (CMHC) just released Market Outlook 2020 for major Canadian cities. Let’s have a look at our area Kitchener-Cambridge-Waterloo (KCW). Here are the highlights: Seasonally adjusted average prices in Kitchener-Cambridge-Waterloo (KCW) have been climbing since the fourth quarter of 2018; For the next two years (2020-2021) the resale market in KCW
Housing Market Outlook 2020 Read More »
When you purchase a home, you hope it will go up in value. Like a good investment. But there’s something else that you need to remember: the neighbourhood. The neighbourhood plays a key role in what the home will be worth in the years to come. If the neighbourhood goes down in terms of desirability,
Your Perfect Neighbourhood Read More »
KWAR (Kitchener-Waterloo Association of REALTORS®) published home sales stats of July 2019. Here are numbers: 586 residential properties sold in July, representing an increase of 15.1 per cent compared to the same month last year; The average sale price of all residential properties sold in July increased by 9.3 per cent to $521,101 compared to
Strong K-W Home Sales July 2019 Read More »
Usually, when people ask this question they are thinking about what will devalue their property. There are several aspects that can reduce home sale price. One of the most important is location. If you live close to the airport or your home backs on highway or train tracks, it will affect your home value negatively.
What affects the value of your home? Read More »
The new public transit we have been waiting for the last 5 years is here! ION trains will start full operation on Friday, June 21 this year. It’s really exiting! Years of construction that caused lots of inconveninece to drivers and passengers are over. Last 18 months, when a train system was under testing, changed
Waterloo Region Transit – GRT and ION Read More »
Any home sale requires a lot of cleaning. This kind of work will double if you have pets in the house. Pets affect home sales in different ways. Usually negative ways. First, it’s the cleanliness and ordor. Animal hair everywhere and strong pet ordor will undoubtedly reduce the home value. Also, it can be a
selling a house with pets Read More »
In my earlier blog I mentioned a name of Oxana Petrenko, mortgage agent who is ready to help our clients with any mortgage products available today. Last time Oxana touched a subject of affordable home ownership program. Now she would like to share information that will be interesting for those who is buying an older
Home purchase and renovations Read More »
Buying real estate most of buyers need to borrow some amount to be able to close a transaction. In these cases, purchase of real estate goes together with financing that creates constant communication between home-buyers and mortgage professionals until the deal is closed. Our brokerage works closely with Oxana Petrenko, mortgage agent, and we asked
Affordable Home Ownership Read More »