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Gerry’s Blog

How Climate Change Is Affecting Home Insurance

As the world grapples with the effects of climate change, one undeniable outcome is the amplification of extreme weather events. Burning fossil fuels, deforestation, and industrial processes have led to a considerable increase in greenhouse gases, such as carbon dioxide and methane, in the Earth’s atmosphere. This has increased the average global temperature by roughly…

Short-Term Rentals: Things to Consider Before Jumping In

The short-term rental game is booming and can be a smart play for diversifying your investment portfolio while raising extra cash. The rise in short-term rentals is a trend fueled by travellers who prefer authentic, personalized experiences over traditional hotel stays. This has created a unique market niche that caters to those seeking quaint historic…

Financing Options for Commercial Real Estate in Canada

Whether you’re buying commercial real estate as part of your investment strategy, want to stop leasing and put down roots, are about to lease, move in or renovate a space – or simply want to refinance the debt on a property you already own – chances are, you’ll be looking to banks or other lenders…

Calgary Home Prices Soar

Is the Calgary real estate market one of the hottest in the country? The Albertan city is witnessing booming sales activity, soaring home prices, and new supply hitting the housing industry. This is happening as interest rates climb, inter-provincial migration surges and the Canadian economy slows. Suffice it to say, what’s not to like about…

Revocation of Offer: What It Is and How It Works

Have you ever heard of the term revocation of offer?  If not, let’s take a deeper dive into what it is and what you need to know.  A revocation of offer is the withdrawal of an offer that was previously made to engage in a legally binding contract. It is usually used when the offering…

Essential Tips for Successful Commercial Property Management in Canada

Property management is a complex business whether you manage one or a portfolio of commercial real estate properties consisting of multifamily apartment units, offices, retail or warehouse space. Typical Property Management Duties The typical responsibilities of a property manager (PM) include: Pricing rent Facilitating and conducting timely maintenance and repairs Preparing and marketing vacant spaces…

How to Assess an Offer on Your House

When you’re in the process of selling in Canada, it can be confusing to navigate an offer on your house and figure out whether any are worth accepting. Assessing offers on a house involves carefully considering various components to ensure the best outcome for the seller. Whether you are in the vibrant cities of Toronto…

What’s Happening in Atlantic Canada Real Estate?

The Atlantic Canada real estate market continues to be a success story after decades of a population exodus, anemic economic growth, and a lacklustre housing industry. Today, however, even as the Bank of Canada (BoC) raises interest rates, the Maritimes is enjoying robust growth compared to the rest of the country. And, perhaps to the…

The Role of Population Growth in Canada’s Housing Shortage

Is Canada experiencing the Baby Boom all over again? Yes and no. According to new data from Statistics Canada, the Canadian population increased by more than one million people, growing at a 2.9 percent clip, the highest since the 1950s. This eclipsed every other G7 nation by wide margins. Canada’s population stands at a little…

Getting Your Home Ready to Sell: A Checklist

First impressions are everything, especially when it comes to selling your home. Make your interiors and exterior spaces as appealing as possible because potential buyers want to envision themselves living in your home. If you’re considering putting your home up for sale, now is the ideal moment to develop a checklist to ensure you stay…