Gerry’s Blog
Purchasing a home typically begins with making an offer, also referred to as the agreement of purchase. This document outlines the necessary conditions that must be met to finalize the deal. Common conditions typically include securing mortgage financing and sometimes undergoing a home inspection. The concept of purchasing a property “as is” indicates the seller’s…
If, at first, you don’t succeed in selling your house, try and try again? For many residential property owners in today’s Canadian real estate market, it can be challenging to sell a home, whether because of the listing price or higher borrowing costs. In a more balanced housing sector, relisting can be more common to…
You’ve just moved in with your significant other and couldn’t be more excited; however your new home isn’t exactly boasting the ideal look and feel you were hoping for. Decorating your new home can be a lot of fun. There’s no shortage of inspiration out there, and you likely already have an idea of the…
Canada’s real estate market is currently seeing impressive growth, making it an excellent time to think about investing. If you’re eyeing a second property, maybe a rental space or a holiday home, using the equity in your current home is one option worth exploring. But understanding the terms, risks, and benefits is key to ensuring…
The Canadian real estate market is going through an adjustment period right now. After a couple of years of meteoric growth across the entire housing sector, conditions seem to be settling, the frenzy has come to an end, and Canadian housing markets from coast to coast are regaining equilibrium. According to the 2024 RE/MAX Canadian…
By now, many people observing the Canadian real estate market know how Halifax real estate and the broader Atlantic Canada housing sector have ballooned in the last few years, thanks to the pandemic-era policies and trends. From a population bomb to an improving economic landscape, Nova Scotia and its surrounding Maritime provinces have enjoyed incredible…
While Canadian real estate market prices have cooled since the pandemic-era housing boom, they remain higher than before COVID-19. As a result of the current landscape, households are trying to find any option to achieve the dream of homeownership. One of these alternatives that is gaining momentum across the national market is rent-to-own. But what…
Wasaga Beach is a beautiful town located on the shores of Georgian Bay in Ontario. When you start looking for homes in Wasaga Beach, you will be drawn to its charm and the coastal lifestyle it represents. The calming sounds of the bay’s waves and the strong sense of community make Wasaga Beach not just…
Are you looking to cash in the enormous equity you have built up in the Vancouver real estate market in the last few years? Pricing your home for sale in Vancouver requires a proper and well-thought-out strategy. Residential property prices can make or break a sales agreement as it is the first thing that most…
Should Canada’s banking regulators abandon the mortgage stress test? In 2016, the Canadian government introduced the mortgage stress test as a vital tool to curb risks associated with mortgage lending, especially when the Canadian real estate market experiences higher prices and lower interest rates. It was also amended in 2021 to require borrowers to prove…
Owning a home is a keystone of wealth… both financial affluence and emotional security.