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Don’t try to time the market. Know when your timing is right

In today’s changing market, many Canadians are wondering whether it’s still a good time to buy or sell a home.  The truth of the matter is, there’s no one right answer to that question.  The real question to ask is whether it’s the right time for you.  

Buying Tips For A Strong Housing Market

Canada 's housing market has been on a record-breaking pace and that's good news for home sellers. Buyers on the other hand, can find that their choices are limited in a market that has been so strong for such an extended period. In fact, when demand is so high for attractive, well-priced homes coming on the market, the result can even be “bidding wars” where more than one prospective buyer places competing offers for the same property.

‘Going green’ is a growing trend in real estate

Until recently, the term “greenhouse” meant a building made of glass, where plants are cultivated.   But for today’s prospective homebuyer, the terms “green” and “house” can conjure up very different meanings—that of a home that uses sustainable building materials and energy efficient design.  And now, according to the Canadian Real Estate Association (CREA), the growing green housing movement is significantly changing how property is marketed and managed.

Home Energy Saving Ideas

Energy costs can take a big bite out of any homeowner’s budget, so you need to know how to be energy-wise.  Here are a few quick and easy ways to cut your energy bills with a minimum of time and effort. 

 

A Good Impression – From the Ground Up

You've cleared out all the old clutter, painted the windows, and planted some flowers. You're sure you've thought of all the little things about your home that will make a good impression to a potential buyer. Yet, even if your home décor is beautiful, if your property shows any signs of a leaky foundation or drainage problems, then a buyer who may have fallen in love with the rest of your home will simply walk away when they see what's happening downstairs.

Men vs. Women: Who ‘wears the pants’ in the home buying process?

It seems when it comes to home buying, there are some definite differences between how men vs. women approach the process.  Coldwell Banker® has just released the findings of their latest consumer survey tracking the gender preferences of more than a thousand home buyers.  Here are some highlights of the survey findings:

  

A Seller's Biggest Mistake

If you’re thinking of selling your home, you'll probably be interested in knowing about one of the most common mistakes homeowners make when they decide to sell their property. When the time comes to sell, everyone wants to get the best possible price for their home, but you need to carefully consider what sale price will ultimately net you the best result. Getting it wrong could result in a loss of what could amount to several thousand dollars in most major Canadian markets.

How Much Home Can You Afford? Part Two - Closing Costs and Moving Expenses

After you’ve estimated your mortgage payment and other ongoing costs for carrying your first home, you’ll also need to consider the one-time expenses associated with the purchase of a property.  This includes your closing costs, as well as your moving expenses.

How Much Can You Afford - Part One: Budgeting Your Carrying Costs

Finding the right property at an affordable price can sometimes be a challenge.  When it comes to deciding just how much home you can afford, there are two kinds of expenses you’ll need to consider – the ongoing or ‘carrying’ costs of the home, and your closing costs.

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