January 17, 2022
Last month, you may recall, we saw a slight dip in the average sale price across the region, down in November to $745,970 from the $753,060 figure in October. A drop of less than 1%, but a drop nonetheless. And, in fact, that drop was reflected in every one of the municipalities we track across Niagara, with the exception of Welland. That drop we felt was not an indication of any sort of downward trend. Monthly fluctuations are often the norm even in an accelerating market. And, in fact, now that the December figures are in, we see the average price across the region has bounced back up to $752,221, pretty much where it was in October.
January 17, 2022
COVID-19 has brought many challenges for people when entering contracts. With new variants unfolding routinely, the disruption can leave many people facing delays or cancellations of things that they have contracted for, such as weddings and events. It is worth considering how this uncertainty may impact real estate transactions and businesses generally.
December 15, 2021
December 15, 2021
Most contracts for home purchases require an initial deposit. This deposit is a way for a seller to ensure that a buyer is prepared to perform the contract, since the courts will typically treat this sum as forfeited to the seller in full if the buyer fails to complete the contract.
November 15, 2021
If you’ve taken my Money Machine seminars, read my articles or listened to me speak you’ll know that I am passionate about building a real estate investment portfolio that will provide a substantial passive income stream into retirement. Buy one property a year. Never amortize for more than 15 years. Never sell. Simple. And proven. It works.
