by Rakhi Madan | Jul 3, 2024 | First Time Home Buyer, Purchases, Qualifying |
The dream of owning a home is a significant milestone. Still, it’s a substantial commitment and investment, and it should be a decision made when you’re genuinely ready, both financially and emotionally. While history has shown that property ownership can...
by Rakhi Madan | Apr 19, 2024 | First Time Home Buyer, News |
The budget prioritizes easing affordability hurdles for young Canadians, particularly in homeownership, while tax changes aim to target only wealthier individuals Read the full report – Solving the Housing Crisis: Canada’s Housing Plan. Will it meet these goals?...
by Rakhi Madan | Apr 2, 2024 | First Time Home Buyer, Purchases |
In the exciting journey of purchasing a home, there are key factors beyond the surface that often go unnoticed. Understanding these nuances can make all the difference in ensuring a smooth process and minimal surprises after your home closes. What lesser-known aspects...
by Rakhi Madan | Mar 5, 2024 | First Time Home Buyer, Purchases, Qualifying |
With expectations of lower mortgage rates on the horizon, homebuyers are gearing up for what promises to be a robust spring housing market. As anticipation builds, many prospective buyers are eager to seize the opportunity to secure a mortgage and purchase their dream...
by Rakhi Madan | Feb 4, 2024 | First Time Home Buyer, Purchases, Renewal |
While nothing is certain, Bank of Canada cuts to the overnight rate are on tap for 2024, possibly starting in April. The strong potential for rate cuts has made variable and adjustable mortgages a top consideration for some homebuyers and homeowners because these...
by Rakhi Madan | Nov 30, 2023 | First Time Home Buyer |
Data and analysis provided by ReMax. The average Brampton home sale price dropped by 11% from 2022 to 2023, going from $1,187,358 to $1,057,077, while the number of sales decreased by 21.1%, falling from 5,985 in 2022 to 4,722 units in 2023. Expect average sale prices...
