January 2025
Borrowing costs were at the top of home buyers' minds in 2024. High interest rates presented significant affordability hurdles and kept home sales well below the norm. The housing market did benefit from substantial Bank of Canada rate cuts in the second half of the year, including two large back-to-back reductions.
Happy New Year! If you’re looking to make 2025 the year that you finally become a homeowner, then it’s time to make a few New Year’s resolutions. Your dream can be achieved with a simple plan and the desire to see it through all the way to your new home!
For first-time buyers or those looking for a more affordable investment into a certain real estate market, a condo is clearly an excellent choice. The concept of a communal space is attractive. Shared amenities, community involvement, and proximity to urban areas make condos a great idea also
A basement apartment can be a good investment. But nowadays, any old basement apartment just won’t do. If you want to have a successful lower-level living space, you need to impress potential renters right from the start.
Some homeowners may stumble upon financial hardships that make it difficult for them to pay their mortgage payments. Once your mortgage loan defaults, the chance of foreclosure increases.
