Application of “Stress Test” Affects Homeowners

Posted by & filed under Buying a Home.

Thinking of buying a home? If so, you should be aware of some new housing rule changes that will drastically affect the borrowing amount for home buyers. The Introduction of a “Stress Test” to All New Mortgages The biggest change is the introduction of a “stress test” to all new, insured mortgages – including those… Read more »

Should I BUY or SELL first?

Posted by & filed under Buying a Home.

By Sean Cowan That’s a good question. It’s a question many people in this market ask themselves. It really depends on your comfort level and where you’re looking to move. The advantage of listing and selling first is; you will know exactly how much money you have in your pocket when it comes to shopping for… Read more »

How Does Real Estate Competition Really Work?

Posted by & filed under Burlington, Buying a Home, Financial Preparation, Selling your Home, Waterdown.

These days there is more competition than ever for the relatively few available properties. Overall listing inventory is way down with only 306 listings available for sale in Burlington versus last year at this time when there were 409 properties on the market. Couple that with the fact that there are more buyers seeking these… Read more »

NEW: Market by Design

Posted by & filed under Buying a Home.

In effort to always keeping our agents and clients informed in regards to the Hamilton-Burlington Real Estate Market, we are proud to introduce our newest piece, #MarketbyDesign. This infographic is a comprehensive overview, broken down by the style of homes in order to give you the whole statistical picture of changes by region from 2015… Read more »

12 Factors to Help You Predict Real Estate Growth

Posted by & filed under Burlington, Buying a Home.

Whether you’re purchasing a family home or looking to buy an income property, you’re probably looking at your next real estate purchase as an “investment”. The question is – how good an investment is it. While it’s true that real estate values tend to go up over time, some areas fair considerably better than others…. Read more »

Peter Woolcott

Posted by & filed under Buying a Home.

We are so happy to introduce the newest member of our team, Peter Woolcott. Peter brings an honest and outgoing energy to everything he does, and real estate is no exception. A licensed full-time Realtor®, Peter has literally been immersed in the real estate industry his entire life and has learned the hard work and… Read more »

Thank you for helping us protect the Canadian Dream

Posted by & filed under Buying a Home.

Thank you for helping us protect the Canadian Dream On December 1, 2015, the Government of Ontario announced that it would not be extending Municipal Land Transfer Tax powers to municipalities. In doing so, the province has protected the Canadian Dream of homeownership for future generations. This was due in large part to the thousands… Read more »

The New 10% Down Payment Rule

Posted by & filed under Buying a Home.

Have you heard about the new 10% minimum down payment rule? The Ministry of Finance has announced a new update to the down payment rules. Starting February 15th, 2016, the minimum down payment for homes over $500,000 has been increased to 10%. If you’re looking for a home under $500,000 you will not be impacted… Read more »

Design Trend: Rancher Style Homes

Posted by & filed under Burlington, Buying a Home.

Home design trends take time to mature, to come into their own season. And yet, ranch style homes have stood the test of time. Ranch style, also known as “Ramblers” in some parts of the United States date back to the 1920s, yet they gained their popularity during the post-World War II home construction. It… Read more »