Posted on May 4, 2023by Gerry Wayland in Gerry's Blog
64% of Canadians say that storage space is an important factor when buying a home, up from 57% in 2020. In today’s world, where urban living has become the norm, space has become a valuable commodity. As such, the ability…
Posted on May 2, 2023by Gerry Wayland in Gerry's Blog
For many buyers and sellers in the Canadian real estate market, trade-offs have been incorporated into the homebuying strategy. Working with their real estate agents, families are balancing must-haves with nice-to-haves, meaning that they are prioritizing what needs to be…
Posted on May 1, 2023by Gerry Wayland in Gerry's Blog
Buying a new home is an exciting experience, but sometimes things can go wrong. This is why the New Home Warranty for homeowners in Alberta and BC is vital to understand. The New Home Warranty protects new homeowners against defects…
Posted on April 30, 2023by Gerry Wayland in Gerry's Blog
Buying a home can be a complex process involving many fees and expenses. One of the most common questions that homebuyers in Canada have been whether they are responsible for paying realtor fees. In general, the property seller pays any…
Posted on April 28, 2023by Gerry Wayland in Gerry's Blog
Canada’s mortgage market appears to have stabilized. But do not tell that to the typical Canadians, as recent surveys have revealed that there is still plenty of consternation among homeowners and buyers, be it renewing their mortgages or being approved…
Posted on April 27, 2023by Gerry Wayland in Gerry's Blog
The Windsor Essex cottage market is currently a seller’s market, with local buyers – predominantly Get X and retirees – driving sales of recreational properties in the region. The most in-demand features include waterfront locations and access to recreational activities,…
Posted on April 27, 2023by Gerry Wayland in Gerry's Blog
Similar to many other recreational markets across Ontario, the Rideau Lakes cottage market is currently experiencing balanced conditions. Baby Boomers and Gen X buyers are driving market activity – specifically families and retirees, looking for waterfront properties and/or those in…
Posted on April 27, 2023by Gerry Wayland in Gerry's Blog
The Peterborough and the Kawarthas cottage market is currently balanced, but expected to transition to a seller’s market in the months ahead as sidelined buyers return in the warmer months. Activity in the region is currently being driven by Gen…
Posted on April 27, 2023by Gerry Wayland in Gerry's Blog
Market conditions in and around the Charlottetown cottage market are currently balanced with no markers to indicate a change in this state for the rest of the year; prices have remained affordable and the amount of inventory in relation to…
Posted on April 27, 2023by Gerry Wayland in Gerry's Blog
The Canmore cabin and cottage market currently favours sellers due to lack of inventory. These conditions are expected to persist for the remainder of 2023. The majority of buyers in this region are Baby Boomers, Gen Xers and Millennials who…