It might seem counter-intuitive, but buying a home in winter – from house-hunting, to getting all your worldly belongings from point A to point B – can actually be easier, cheaper and more convenient than any other time of the year. Here’s why the colder, darker months of the year could actually be a bright spot for homebuyers.
Read more . . .
Although home starts experienced a double-digit decline in September, the broader demand trends and the continuation of permit approvals suggest that overall resilience in this category will persist. Let’s take a deeper dive in the numbers
Contact us today! RE/MAX Infinity knows new home construction.
Residential sales in 2021 are expected to lower than 2020 transactions, but on par with 2019 numbers. St. John’s Metro area currently has about nine months of inventory, down from 11 months in 2019. While the number of homes for sale has decreased in 2020 compared to past years, the downward trend for residential sales in 2021 is not expected to continue. Current supply levels are expected to continue or increase slightly in 2021. The number of days it took to sell a home decreased in 2020, however days on market are likely to maintain current levels or increase slightly in 2021. Read more…
Check out our latest listings!
It’s amazing what can happen once you step outside your comfort zone and take the first step towards something new!
We reached out to our RE/MAX Influencers – a panel of RE/MAX Sales Associates from across Canada – who provided some great insight into what you can do to help create more space indoors during the upcoming winter months.
Ready to find that special indoor space of your own? Check out our latest listings!
Haunted Houses Canada
Believe it or not! Because Canada is home to several places where spooky sightings and unexplainable encounters are known to happen. So, keep the lights on while reading about some of the creepiest and most haunted locales in Canada. And feel the skin on your neck stand up!
And Connect with one of our Expert Agents®
Blowing the budget is everyone’s biggest fear when it comes to home renovation projects. Even if you follow standard guidelines—like building in a 20% cushion to cover unexpected costs, vetting contractors, and staying focused—it’s hard to prevent spending more than you’d like to. But with some strategic planning, you can save money in the lead-up to your big remodel and cut costs without cutting corners.
Get the full story:
Rather buy than renovate? Check our our latest listings:
The trials of life will test you, and shape you, but don’t let them change who you are. Your only limitations are those you set upon yourself!
September was yet another record-breaking month for home sales across Canada. Throughout the summer, we witnessed record high sales numbers because of the delayed start to the usual hot spring selling season and as we get deeper into fall, those numbers aren’t slowing down yet:
Connect with a RE/MAX Infinity Agent for detailed information about your neighborhood and its price trends!
See our latest listings here:
Here are a few common reasons why a house is not selling, and how to help turn that “For Sale” sign to “Sold!”
Ready to sell? Connect with a RE/MAX Infinity Agent today!
Home buying is an exciting but sometimes complex process. Learn all the ways a REALTOR® can help you succeed with the most important purchase of your life. Once you’ve decided you’re ready to buy, a REALTOR® can guide you through the entire process and from start to finish.
If you are ready to buy, check our RE/MAX Infinity’s latest listings here:
Get the whole story here ⇓
Tips for sellers including everything you need to know from listing your home, to marketing your home and dealing with offers. Maybe you have questions about deciding when to sell, how to manage your money; RE/MAX will have you ready for anything!
Read more tips and find helpful resources here:
Find an Expert Agent® to sell your home today!
A mortgage pre-approval is an important first step in the home-buying process. Having a pre-approval in hand tells you how much you can spend on a home, and it locks in the current low interest rate for up to 120 days, so you can shop the market knowing you’re insulated from rate hikes in the near future. If the rate drops, your lender should honor the new lower mortgage rate when you’re ready to make your purchase.
The amount that a financial institution is willing to lend for a mortgage depends on a number of factors. Your lender will check your financial standing to determine how much you can borrow, how much you can afford, and which loans might be best-suited to your specific circumstances. Applying for a mortgage requires a written application and supporting documentation, and it can be a slightly intimidating process. Here are three things lenders will want to know before giving you a mortgage pre-approval.
Read the full article here:
Ready to buy? Check out all the listings here:
High Ratio Mortgage Rules
Canadian real estate has been a tough nut to crack for some homebuyers, and those with less than 20 per cent as a down payment now face another challenge, with Canada Mortgage and Housing Corp. (CMHC) announcing tighter qualification rules for borrowers of high-ratio mortgages. The move was in response to the economic vulnerabilities sparked by global pandemic. The changes, which include lower debt thresholds and higher credit ratings, came into effect on July 1, 2020. If you’re in the market to buy a home but have less than 20 per cent as a down payment, here’s what you should know.
Read the full article here:
Check out our latest listings here:
Ready to buy? Here’s what you need to know!
The strength of the Canadian real estate market has continued to prove itself time and time again during the pandemic. While we’re not out of the woods yet, we are expecting continued growth for the duration of 2020. With an active market for the foreseeable future and balanced conditions at the national level into 2021, this is great news for Canadians.
The Canada Mortgage and Housing Corporation’s Chief Economist Bob Dugan, told reporters at a press conference recently that the agency stands by its previous forecast in May that warned of a decline in Canadian house prices between nine and 18%.
“I’m not convinced that we have a sustainable basis for housing demand in the economic disturbance that’s going on related to COVID-19,” Dugan said. “That’s why I say I stand by the forecasts.”
We expressed our concerns over CMHC’s predictions in the spring, and Dugan’s latest statement continues to raise eyebrows. Ours, and other industry insiders as well, as the Canadian housing market stays on its upward course.
While I can appreciate some of the reasoning that went into CMHC’s prediction, especially in the spring when so much was still unknown. The market data doesn’t support such a steep price decline. Especially with the two largest real estate markets of Toronto and Vancouver continuing their upward momentum. The Prairies are facing different circumstances and challenges due to the resources sector, however Ontario and BC are expected to offset slower activity in Saskatchewan and Alberta.
Read the full article:
The pandemic has influenced so many areas of our lives these past few months. It’s not surprising that it’s also affecting the design of our homes. Let’s look at some of the biggest home design trends influenced by the pandemic.
Read more here:
The National Association of REALTORS® has dedicated September as REALTOR® Safety Month. In honor of all RE/MAX agents and Realtors® everywhere, stay safe!
RE/MAX is a business that builds businesses. With the release of its 2020 RE/MAX vs. The Industry report, the real estate powerhouse shows that it not only has outstanding agents, but that it leads in brand awareness* and global presence, too.