Demographia Releases Worldwide Housing Affordability Report

Demographia recently released it’s 13th annual report on housing affordability in 406 metropolitan housing markets in nine countries: Australia, Canada, China (Hong Kong only), Ireland, Japan, New Zealand, Singapore, the United Kingdom and the United States. Demographia uses the following housing affordability ratings based on median house price divided by median household income: Affordable 3.0… Read More

The Offer: There’s More To It Than Just The Price

Fixating on price in real estate may cost you the deal: Sellers who decide that a specific dollar figure will buy their home and won’t budge from that bottom line may sell themselves short. Buyers who drop out of a transaction for a property they love because the seller’s counter-offer shocks them may be quitting… Read More

Top Six Mistakes Sellers Make

House for Sale

While a seller doesn’t control the real estate market, his actions can significantly contribute to how long their home takes to sell and how much it is sold for. Not Cleaning & De-Cluttering: It may seem obvious, but real estate agents everywhere are nodding their heads in agreement as they read this. Inviting potential buyers… Read More

Untangling the New Mortgage Rules

The Federal Government has made two recent changes to the eligibility rules for government-backed insured mortgages: Effective October 17, all borrowers seeking high ratio (less than 20% down payment) mortgages must qualify based upon the Bank of Canada’s five year fixed posted rate (also known as the ‘Mortgage Qualification Rate’ or MQR). Presently the MQR… Read More

10 Tips For Decorating Your Home For Sale During The Holidays

If you’re planning to put your home up for sale during the holidays, you have a lot of things to consider – most importantly, how to price it right to attract buyers during this busy time of year. But home staging is always a concern when selling a home, and during the holidays, it becomes… Read More

The Top Five Moving Mistakes You Can Make

Whether moving across town or across the country, packing up and moving can be stressful, costly and full of surprises. From shady movers and inaccurate price quotes, to overpacking or not allowing enough time to get the move set up, every step of a move has the potential for mistakes that can make a move… Read More

Mistakes That Decrease The Value Of Your Home

When you’re getting ready to sell your home, you don’t want to make any mistakes that can decrease the value of your home. However, sometimes sellers unintentionally do. That’s because what a buyer sees as a mistake is not always the same as what a seller considers a mistake. But when you’re selling your home,… Read More

How’s Your Sense of Design?

Home Design

Design is all around us. In our homes, everything from structural elements like roofs and room layout to hardware for doors and sinks is designed. Some argue that the best design is invisible. Bad design calls attention to itself and may frustrate or injure users. When you walk through your house, condominium, or cottage, can… Read More

10 Tips To Get The Most Money When You Sell Your Home

When you are getting your home ready for the market, think in terms of making improvements that will add more value than they cost. Here are some of the highest value-for-money improvements you can make: 1.   De-Clutter And De-Personalize. Your home should look almost sparse to give the best impression of available space to… Read More

How To Make Your Home Picture Perfect

House for Sale Being Photographed

They say a picture is worth a thousand words. That’s why getting the right photos of your home are critical. Before having your home photographed or, in some cases, videotaped, you’ll want to make sure that it’s in the best possible shape. But what exactly does that mean? Getting your home ready for a photo… Read More