Gerry’s Blog
Retirement should be a time of relaxation and enjoyment, yet for many seniors, certain worries and stresses can make it difficult. While many seniors might prefer to stay in their own homes, the reality of maintaining a household—handling chores and managing self-care—can become too much. Retirement communities offer various types of accommodation, services, and amenities…
Sales of Toronto detached homes in the east end remained tight in the first six months of the year, with local communities characterized by low inventory levels and high sales-to-list price ratios, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada. Steve Tabrizi, owner of RE/MAX Hallmark, reports that strong demand has fuelled…
Median values for detached housing in the Vancouver real estate market were buoyed by supply shortages at affordable price points in the first half of 2024, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada. Elizabeth McQueen of RE/MAX Select Properties, based in Vancouver, reports that sales of Vancouver detached homes fell just…
While affordability continues to be a monumental challenge for first-time buyers in the York Region housing market, existing homeowners with equity are cautiously entering the market, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada. Cam Forbes of RE/MAX Realtron Realty reports that opportunities exist throughout the region at present, with the most…
Central communities in the Toronto housing market are smaller, more established, and typically undersupplied in terms of listing inventory, unlike their counterparts in the 905-area code – with some Central communities registering single digits when it comes to detached listings. This, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada, which examined detached…
Low inventory levels continue to support detached housing values in both the Fraser Valley and Greater Vancouver real estate markets in the first half of 2024, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada. Median prices increased in almost 71 per cent of Greater Vancouver real estate markets and in just over…
Title insurance is designed to shield property buyers and lenders from potential losses or legal fees that could arise from disputes over the property title after the purchase has been completed. Unlike other insurance types that offer protection from future events, title insurance provides coverage for risks and discrepancies that already exist but have not…
As your children have grown up and moved out of the family home, you may be looking around and realizing that you have more space than you need. It’s not uncommon to accumulate belongings over time, filling up every corner and crevice with our life’s possessions. However, the extra space created by downsizing can open…
Research has shown that many Canadians understand that homeownership is the best investment. However, a combination of higher home prices, rising interest rates, and above-trend inflation has made it difficult for many households to purchase a single-family house, a townhome, or a condominium suite. According to the latest estimates from the Canadian Real Estate Association…
Finding an affordable pathway to home ownership can be challenging in today’s real estate market. One often-overlooked option that offers both affordability and stability is a land lease. Land leases provide a versatile range of housing options, making them a viable choice for many potential homeowners. Land leases represent a unique form of property arrangement…
Owning a home is a keystone of wealth… both financial affluence and emotional security.