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Kids Are Staying Home Longer to be Homeowners Themselves

Young Canadians have learned a powerful lesson from their parents about the benefits of owning their own home.  At least, that’s the conclusion that many people would make when reviewing a recent government study.  According to an analysis of the findings of the General Social Survey on family transitions, recently published in Canadian Social Trends, there’s a positive link between the age at which young adults in Canada leave the parental home and the likelihood that they’ll become homeowners themselves, but only until about age 25.

See The Value in Today’s Real Estate Market

There is great value in today’s real estate market for several good reasons.  There’s good inventory to choose from, interest rates are at historically low levels, and lower prices in some markets have led to the best home affordability seen in Canada in many years.  But despite all this, some consumers are still just sitting on the fence, waiting to time the market.  This can prove to be a costly mistake.  Consumer need to be aware that their best opportunity may just be right here and now.    

Curb Appeal Starts At The Lawn

Selling your home is all about creating a good impression, and believe it or not, that first impression starts right from the curb – literally. A beautiful and well-maintained lawn tells the buyer a lot about your property from the very first glance. While you may be tempted to put off the mowing and watering while you concentrate on getting ready to move, you'll be missing a great opportunity to show that you care about every aspect of your property, and that maintenance has not been put off because you plan to leave.

Choosing The Right List Price

One of the most critical factors in selling a home quickly and for a good final sale price is choosing the right list price. There are several different approaches you can take to determine the right price for your property. Which one you choose depends on what strategy you want to use to attract buyers, and also how much risk you're prepared to take in order to attract offers.

A ‘Don’t’ List for Prospective Homebuyers

There’s a lot to consider when buying a home, and especially in today’s changing market conditions.  As your local Coldwell Banker® sales professional will tell you, many markets across Canada are beginning to moderate and become more favourable to buyers.  So while you’re considering a possible home purchase, here’s a Homebuyer “Don’t” list that may help you avoid some

A ‘Do’ List for Prospective Homebuyers

For most Canadians, buying a home is the most significant investment of their lives. Housing inventory is moving up in most major centres across the country, leading to a more balanced market.  Historical data demonstrates that purchasing a home has proven a sound long-term financial investment. However, homebuyers – especially first-time buyers -- are often understandably anxious when it comes time to making what could be the largest purchase in their life.

Beat the heat and your energy bill

During the hot days of summer, many Canadians open their energy bill with a sense of dread. While it may be tempting to run your air conditioning at full capacity for weeks on end, you can't do it without paying a price – in more ways than one. High energy consumption is not only a costly proposition for individual homeowners, it also carries a high cost in terms of pollution that's created as we generate power to meet today's high demands.

Here are a few tips to help you beat the heat as you save on your energy bill:

Honesty is the best policy – when viewing Open Houses

The weather’s heating up and so is the real estate market. The warmer temperatures are bringing Canadians out in droves to view a wide range of properties.

If you’re a serious buyer and are viewing properties by appointment, you’ll be accompanied by your sales representative. You’ll have someone there who knows your needs and is looking out for your best interests. In situations like that, you feel free to be completely open and candid with your salesperson. But what if you’re visiting an Open House?

Buyer Beware! - of the Low Down Payment

If you're looking to get into the housing market, a listing that's advertised as requiring little or no money down can sound like a great deal. But is it really?

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