May 2022

Market Watch - Home Buyers Demand Returning to More Typical Levels

Based on the trends observed in the April housing market, it certainly appears that the Bank of Canada is achieving its goal of slowing consumer spending as it fights high inflation. Negotiated mortgage rates rose sharply over the past four weeks, prompting some buyers to delay their purchase.

How to Maintain Good Credit

In today’s society, credit is our gateway to purchasing big-ticket items like a home, cars, electronics, and many other daily needs. When you buy something on credit you are responsible to repay it under the contract with the lender. If you do not pay the debt according to the terms and agreement your credit score will be affected.

Are Condos Family Friendly?

When looking to buy a new home for their families, most people don’t automatically think purchasing a condominium is a viable option for them. Part of the reason for this thinking is the widely held misconception that a condo lifestyle is primarily for young couples, seniors, and singles.

Home Upgrades That Pay Off

When it comes to preparing your home for sale, some home sellers make it their objective to get the most return on their homes. Before starting any home improvement, you should evaluate the return on investment (ROI). Ask yourself what renovations will boost the resale value of the house.

Tips for buyers attending open houses

Open houses can be of great help for buyers to see what is available for sale in a particular neighbourhood and compare prices and features of those houses. However, to make the most out of your open house tour, you need to be prepared. Here are some things you should think about before attending an open house.

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