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stresstest

The Mortgage Stress Test: What it Means for Homebuyers

stresstest

It’s been almost a year and a half since the mortgage stress test was introduced, so we thought it was the perfect time to revisit it. There still seems to be some confusion out there about it. The mortgage stress test came into effect January 1, 2018, immediately impacting how much homebuyers qualify to borrow… Read more

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Do You Need a Broker, A Realtor, or an Agent? Learn the Difference!

real-estate-low-commissions-toronto

Real estate professionals come with various expertise as well as skills. But who do you contact when you want to buy a home? Things can get confusing because most people use the terms realtor, broker, and agent interchangeably – what is the difference between these terms and which real estate professional do you need? What… Read more

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Here are 4 of This Year’s Up and Coming Neighbourhoods in Toronto

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Are you planning to move to Toronto this year? Perhaps wanting a more suburban area or maybe move to the city for a change? You’re in luck! Toronto has an array of neighbourhoods to choose from, each one with its unique touch and personality. You may want to scout for a new home in Toronto’s… Read more

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Is the Month of May Really the Best Time to Sell a Home?

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Most real estate articles and blogs say that the best time to sell a home is during spring and that the best time to buy one is during winter. If this is the case, won’t the home sellers and home buyers have a hard time meeting each other’s needs? A lot of home sellers who… Read more

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How Toronto Property Values Will Benefit from New Public Transport

Toronto-Transport

It is often the case that politicians will clamor to take credit for new transportation improvements such as the opening of a new subway. Though certain figures and political  parties will surely benefit from having better access to cheaper and easier transportation, no one could be happier than the residents of the area who would… Read more

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What the Federal Budget Means for First-Time Homebuyers

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For months leading up to the federal budget, the Liberals had been promising to make housing more affordable for first-time homebuyers. There were rumours of everything from the reintroduction of 30 year amortization mortgages for first-time homebuyers to lessening the mortgage stress test. In the end we got a revamped RRSP Home Buyers’ Plan and… Read more

Spring

Top 3 Tips for Selling Your Home in the Spring Real Estate Market

Spring

Are you thinking about selling home sweet home in the springtime? You’re not alone. The spring real estate market is the most popular time to list properties for sale. If you’re selling your home during this time, you may think it’s a slam dunk, when that couldn’t be further from the truth. While it may… Read more

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What Additional Costs are There When Buying a House?

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The biggest surprise for me when I bought my first home was the closing costs. After I spent $500 on a home inspection, I thought the worst was over. Wrong. Real estate lawyer fees, municipal and provincial land transfer taxes—the list went on and the expenses added up. Before I knew it, I had spent… Read more