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Gerry’s Blog

What’s Mortgage Pre-Approval? Canadian Real Estate Questions Answered.

To get pre-approved for a mortgage, do I just have to be really nice to the broker?  You have questions about Canadian real estate. Read on for answers. Though you’re probably that aware posting selfies with the house you’re interested in buying and tallying “likes” has nothing to do with pre-approval. But you may have…

What’s Home Staging? Canadian Real Estate Questions Answered.

Did you hear the one about the guy who painted his walls hot pink, right before putting his house on the market? Yikes! Too bad he didn’t connect with a RE/MAX® agent first to learn all about home staging for the Canadian real estate market. Selling a home in the shortest time and for the…

Canadian Housing Market Outlook: Fall 2022

RE/MAX Canada Network expects Canadian housing market prices to decrease 2.2 per cent this fall RE/MAX brokers and agents anticipate prices in the Canadian housing market to ease by 2.2 per cent this fall, due to high inflation, rising interest rates and economic uncertainty Rising interest rates have prompted 44 per cent of Canadians to…

What is Home Staging? Is It Worth It?

So, you’ve decided to sell your home. No matter what your reasons are for moving, such a big change can be overwhelming. It can seem daunting with everything you need to know. Don’t worry, you’ve come to the right place. Selling your home can be emotional, which is why it helps to have an expert…

What is a Bully Offer?

What is a bully offer? It’s a term you’ve probably heard time and time again, if you’ve been watching Canadian real estate over the past couple of years. But many Canadians still don’t know what it means. A bully offer is a type of offer that is intended to entice sellers to accept before their…

What It Means to Be House Poor – and How to Avoid It

You’ve got your mortgage pre-approval, and you’re shopping the market for your perfect home. If you find one that’s priced too close to your limit, you run the risk of being house poor. Let’s look at what it is, what you can do to avoid it, and what to do if you are already house…

Canadian Real Estate is Changing: What You Need to Know

The Canadian real estate market is in a state of flux right now. It is hard to fathom that Canada’s housing sector recorded unprecedented gains a year ago – from tremendous sales activity to enormous price growth – and now the industry is in the middle of a sharp correction. Every market analyst and financial…

What Are the Steps to Buying a Home?

What are the steps to buying a home? You’re starting to think about becoming a homeowner, or maybe you’ve even started to look at listings. Either way, you likely have lots of questions, from the general “how tos” to specific queries around financing, different home types and locations, to how to make an offer. To…

Best Places to Live 2022: Hamilton Real Estate

Tucked on the western edge of Lake Ontario, Hamilton has become a hot spot in recent years. Hamilton’s economy is primarily driven by its manufacturing sector, with healthcare and education also significantly contributing to the local economy. Hamilton has attracted homebuyers seeking respite from the high prices characterizing Toronto real estate. This exodus has caused…