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Gerry’s Blog

5 Reasons Houses Don’t Sell

Most home sellers have two main objectives: to sell quickly and for the highest price. The beauty of owning real estate (whether it’s a principal residence or an investment property) is that historically, it has yielded solid returns to Canadians who are in it for the long haul. Indeed, equity gains in Canadian real estate…

A Look at the Ottawa Real Estate Market in 2023

The last few months have seen a lot of change in the nation’s capital. Like other housing sectors across Canada, the Ottawa real estate market experienced a shift from the heated activity during the pandemic, from decreasing demand to moderating prices. According to the Ottawa Real Estate Board (OREB), residential property sales declined 42 per…

What To Store in a Garage vs. Basement

When you own a home, outside of the closets, there are likely two main places where you can store your possessions: your garage and your basement. However, certain items will do better in one location over the other. Read on to learn about what to store in your garage and what is best to store…

What is a Balanced Market?

Over the last couple of years, market conditions have been tilted heavily in favour of sellers. But with Canadian housing market conditions expected to shift this year, you may be wondering, what is a balanced market? Let’s explore recent history, and what this recent change means for you. At the height of the market during…

Toronto Real Estate: North America’s Crane Capital

The Toronto real estate market has slowed down since peaking last spring. While the average selling price for a home in North America’s fourth-largest city is north of $1 million, this market has seen the average price for a residential property tumble by approximately 25 per cent since March of 2022. Sales have also eased….

Buying a Historic Home: What You Should Know

A historic home is a unique opportunity for homeowners to live in a local piece of history and maintain a beautifully built house. But they also come with issues that newer homes do not have. Before you commit to owning a historic home, it is crucial that you understand what you are getting yourself into…

8 RE/MAX Leaders Named to 2023 Swanepoel Power 200

Annual ranking recognizes most influential leaders in real estate Eight RE/MAX leaders have been named to the prestigious Swanepoel Power 200 (SP200), a compilation of the most influential figures in real estate. Among those on the list are RE/MAX Canada‘s own President Christopher Alexander and Executive Vice President Elton Ash, and RE/MAX President and CEO Nick Bailey. The…

How Blockchain Technology Can Help Improve Canada’s Real Estate Market

Blockchain technology is everywhere. It is in the banking system, in supply chain management, in high-tech enterprise security. Blockchain technology is also firmly implanted in the Canadian real estate market. So, what role does blockchain, cryptocurrency, and all of the underlying technology play in the real estate sector anyway? Let’s explore! How Blockchain Technology Can…

The Difference Between Being Pre-Qualified and Pre-Approved

Purchasing a home can be confusing with all the different terms and requirements. Two steps involved in the mortgage process are pre-qualification and pre-approval. But what’s the difference between being pre-qualified and pre-approved? Prospective homebuyers should consider getting pre-qualification at the onset of their home-buying process. It allows them to consider their budget and gain…

Upgrading Your Home Office

Proper organization and storage are key to a productive home office. Upgrading your home office can be a visual cue, inspiring you to increase your productivity and improve your general workflow. Innovative renovations that boost your home office aesthetic and practicality, while bringing you closer to your work, can help you reach new heights. If…