June 15, 2023
When it comes to buying or selling a house, both parties want to ensure that the transaction is completed successfully. To help ensure the process runs smoothly, the use of a lawyer's trust account is relied upon. Understanding how escrow works is an essential feature of real estate in Ontario.
June 15, 2023
In a dynamic training session on May 9th, we focused on digital marketing integration. Complementing last month's Contact Management System session, our training on kvCORE website development promised to transform agent marketing for beginners and intermediates. Led by Michelle Bruce, our Director of Social Media Marketing & Development, and assisted by Christine Firth, this engaging workshop-style session centred around harnessing the power of kvCORE websites.
June 15, 2023
Many years ago, when I was in my early twenties and living in Montreal, I had a friend, still at home, whose parents were renters. They had always been renters. They always would be renters. One day the dad made a rhetorical statement by saying to me “you take a paper and pen and show me how anyone is ever better off owning than renting.” Of course, he didn’t want to be shown. His mind was already made up. But let’s take his situation and look at it for a minute.
The May sales figures are in and they paint a somewhat mixed picture. On the negative side, prices across the Region are down slightly from April. This reverses a three-month trend that saw figures rise around 10% from year end 2022. On the positive side, both number of listings and number of sales are up significantly from last month. And that’s a very good sign. First, let’s look at price trends.
A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally, people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off higher-interest debts (such as credit cards and student loans) that a second mortgage might offer.
May 15, 2023
It’s been a roller coaster ride when it comes to prices in Niagara ever since the onset of Covid. But in fact it goes back even further than that. Going back all the way to 2017 we have seen price gains in residential properties that were for a number of years previously just unheard of. In fact over the calendar year 2017 average prices grew by just over 25%.
