Mortage Up For Renewal?

By: Gemma Leggett

Mortage Up For Renewal?

Tags: Mortgage renewal, Mortgage, Stress Test, Renew your mortgage

Did you know? In 2018, nearly half of all existing mortgages in Canada will need to be renewed!  This means you likely started your last term in 2013. The Canadian Government announced a new mortgage stress test back in October 2017 that went into effect January 1st of 2018. All homebuyers needs to qualify at the greater of either the Bank of Canada’s posted five-year mortgage rate (cu...Read More

Mortgage stress test impacts more than one in four buyers, says Re/Max

By: Real Estate Market Magazine

Mortgage stress test impacts more than one in four buyers, says Re/Max

Tags: REMAX, MORTAGE, MARKET CONDITIONS

More than 1 in 4 Canadian homebuyers report feeling pinched by the mortgage stress test regulations, says a recent Re/Max survey conducted by Leger. But Re/Max says projections for the spring market are optimistic with most markets expected to remain stable or improve. “While the stress test did not impact Western Canada’s major markets as much as other parts of the cou...Read More

Buying or Renting? What do YOU think?

By: Gemma Leggett

Buying or Renting? What do YOU think?

Tags: Renting Versus Buying a house, GTA Market

My Grand-parents like many of yours, bought only one home in their lifetime! That home became the center of very important family activity, even after all the children left to find home of their own. We always came back to Grand-ma and Grand-pa for holidays or to find comfort. My parents decided to downsize, not right after we all left, but not too long after either. In today’s market, when...Read More

Spring Maintenance Checklist:

By: Gemma Leggett

Spring Maintenance Checklist:

Tags: Spring Preparation

Happy spring! Spring is a time for renewal and warmer temperatures. The warmer weather is almost upon us! Inspecting your home on a regular basis and following proper maintenance practices are the best way to protect your investment and can put a stop to the most common problems before they occur. Below are a few easy things you can do to make sure your home is in tip top shape this spring. -&nbs...Read More

By: Gemma Leggett

Toronto Real Estate Board - Real Estate Stats for Innisfil, Bradford and Newmarket for February 2018 And Month-to-Month Comparison

Tags: Innisfil, Bradford, Newmarket, Simcoe County, York Region

  Has the market started to heat up after January 2018? It seems that sales went up in Bradford West and especially in Newmarket, but also that prices went down from January to February. Prices have only increased in Innisfil, while the number of sold homes is just slightly lower there than in January.  Take a look at the data for detached, townhouses and condos. How did they score this...Read More

By: Gemma Leggett

Are You Shopping For A Home On A Tight Budget?

Tags: homebuyers, tight budget,  mortgage, plan

Imagine this… You’re online, looking for a home and as you browse through the listings you come across your dream home! The perfect kitchen, open concept layout, a terrace, a yard, perfectly arranged furniture, everything you’ve ever wanted. Then you take a look at the price…and it’s waaaay over your budget.  Sound familiar? I’m sure it does. We’v...Read More

By: Gemma Leggett

Toronto Real Estate Board - Real Estate Stats for Innisfil, Bradford and Newmarket for January 2018 And Month-to-Month Comparison

Tags: Innisfil, Bradford, Newmarket, Simcoe County, York Region

  How do the prices look after the introduction of the new stress tests? Did the number of sales fall or rise in Innisfil, Bradford and Newmarket? In Bradford, the number of sales in January almost doubled from December despite price increase. Innisfil is the only community out of the three that saw a price drop on a month-to-month. Take a look at the data for detached, townhouses and cond...Read More

By: Gemma Leggett

What do YOU Look For when you go house hunting?

Tags: Home showings, buying a home, features

Home showings are always exciting, at least at first… After some initial research online, you’re more overwhelmed than ever. Do you want a two bedroom or a three? Is a lack of an island counter in the kitchen a deal breaker? It’s time now to start visits and find the home you’re gonna live in for the next little while. Are you the type of buyer who let emotions run the s...Read More

By: Gemma Leggett

Toronto Real Estate Board Cities s and Real Estate Stats for December 2017 and Year-to-Year Overview

Tags: TREB STATISTICS, Innisfil, Bradford, Newmarket

Let's take a look at the market in Innisfil, Bradford and Newmarket for the past month and how much the prices differ from one city to another. When it comes to the year-to-year comparison, we can clearly see that the average sale prices have risen significantly in all three cities in 2017 when compared to 2016. Comparing the three TREB cities, it is clear that New Market is the leader in num...Read More

New Years!

By: Gemma Leggett

New Years!

Tags: New Years!

Twas the night before New Year’s, when all I want to do is smile, As I see happiness around me, it makes my life worthwhile?? Few years ago, as interest rates dropped to incredible lows, Home buyers began dipping their toes. Then the GTA market went bonkers, Low rates, prices up, who could buy anymore you wonder? The Government “housing package” froze the market like ice, And ...Read More