Key takeaways Non-disclosure states limit public access to real estate sales data. Home prices in these states are not publicly recorded, meaning buyers, sellers, and appraisers must rely…
Read more What Are Non-Disclosure States in Real Estate?Lowball offer key takeaways: A lowball offer is typically 10-30% below a home’s asking price and can be a smart strategy when based on market data and property…
Read more Lowball Offer Explained: What Is It and How to NavigateA D.C.-area real estate broker said the housing market has shown resiliency during the government shutdown. But he’s concerned about the risk of a recession. We want to…
Read more DC-area housing market holds steady, but risks of recession grow – WTOP NewsImagine you tour a house you love, only to find out it has a haunted past. Your instinct may be to run away screaming—but you might be missing out…
Read more Foolish Mortals or Bargain Buyers: 1 in 2 Americans Would Buy a Haunted House for the Right PriceKey takeaways Mineral rights define who owns underground resources like oil, gas, coal, and precious metals. Missing or sold mineral rights can affect property value and negotiation power…
Read more What Are Mineral Rights and Who Owns Them?Key takeaways: Real estate contracts must include key elements like the offer, acceptance, and consideration to be legally binding. Missing or unclear terms can lead to disputes, delays,…
Read more Essential Elements of a Real Estate Contract: What Every Buyer and Seller Should KnowKey takeaways: Buyer concessions are seller-offered incentives that make a home purchase more affordable for buyers. Common types include covering closing costs, repair credits, mortgage rate buy-downs, and…
Read more What Are Buyer Concessions? A Guide for HomebuyersIn 2018, the stress test was expanded to include buyers with more than a 20% down payment (those with uninsured mortgages). Since then, all Canadian home buyers applying…
Read more The Canadian mortgage stress test, explained“The stress test was introduced to add a margin of safety to ensure borrowers could make their payments if they faced a change in circumstances—such as if interest…
Read more The Canadian mortgage stress test, explainedA total of three rate cuts passed down from the Bank of Canada since June have cumulatively lowered the cost of borrowing for Canadians by 75 basis points,…
Read more Why are mortgages so expensive in Canada? – MoneySenseFor those looking to move from an apartment in Glendale, California to a home in Sherman Oaks or outside the state, mortgage interest rates are a crucial factor…
Read more How Much Does Interest Rate Affect Monthly Payment? You Asked, We Answered.Late last year, changes to Ontario’s real estate legislation, the Trust in Real Estate Services Act (TRESA), came into effect, making open bidding legal in Ontario. (Real estate…
Read more Open bidding in Ontario: Game-changer or business as usual? – MoneySenseBut if you have some flexibility around where to live, there are cities and neighbourhoods in Canada where homes can be had for less than seven figures—lots of…
Read more Where to buy a home for under $1 million in Canada – MoneySenseGetting started To get started, here’s an overview of what you need to know about moving to Canada, working in Canada and building a good credit history. The…
Read more Earning, saving and spending money in Canada: A guide for new immigrants – MoneySenseFor more information on real estate trends and the top neighbourhoods in each region, as well as insights on the top-ranked regions nationally, return to the national page…
Read more Where to Buy Real Estate in Canada 2024: Neighbourhood data – MoneySenseBest places to buy real estate in Vancouver In the table below, you’ll find the best Vancouver neighbourhoods for real estate purchases. To view all the data, slide…
Read more Best places to buy real estate in Vancouver – MoneySenseBetween December and January, the benchmark home prices in Port Coquitlam and Coquitlam increased by about 3% and 2%, respectively. In Port Moody, the benchmark home price dipped…
Read more Best places to buy real estate in Metro Vancouver – MoneySenseTop three neighbourhoods in York Region 1. Vinegar Hill, Markham Nestled in Markham, Vinegar Hill is encompassed by Highway 7 to the north, Highway 407 to the south,…
Read more Best places to buy real estate in the Greater Toronto Area – MoneySenseBest places to buy real estate in Halifax In the table below, you’ll find the top Halifax neighbourhoods for real estate purchases. To view all the data, slide…
Read more Best places to buy real estate in Halifax in 2024 – MoneySenseWhat are your options if you find yourself in this situation? Let’s look at the intricacies of buying a pre-construction home in Canada, why some buyers are having…
Read more Buying pre-construction: What if your home is worth less than you paid? – MoneySense
