Perfect home and still no offers
Did your realtor (or you) hold a successful open house but get no offers? Your home could be the comparison house. In the realtor’s world, a comparison house is the property used to show the benefits...
View ArticleGot a home for sale? List it on a Friday
You know what updates you need to make to pretty up your home for sale. You also recognize the need for de-cluttering and staging your home to attract that buyer who’s willing to pay top dollar for the...
View ArticleVulnerable homeowners
Despite what the banks might have us believe, Canadian households with a mortgage are in substantially worse shape than the headline numbers suggest, according to Maclean’s contributor Ben Rabidoux....
View ArticleReal Estate updates
Realtor Royal LePage is reporting today that average housing prices increased between 2 and 4% per cent in Q4 of 2012 compared with the year before, although prices declined in all three tracked...
View ArticleHouse price updates
Canadian house prices barely budged in November according to Statistics Canada. The house price index rose 0.1% that month following a 0.2% increase in October. The highest increase was in London, Ont....
View ArticleWho benefits from an open house?
For more on this topic, read Are open houses still relevant? The post Who benefits from an open house? appeared first on MoneySense.
View ArticleThere’s not going to be a housing crash
The latest phrase in use to predict the future of Canada’s over-inflated housing market is: “A gradual, modest downward adjustment.” That’s a far cry from the headlines that promised nothing short of...
View ArticleDIY home staging
Hoping to sell your home this summer? You don’t have to shell out big bucks to prepare your home for potential buyers. Here are five home-staging tips from the pros. Some of the new tricks of the...
View ArticleGrow your property value by planting a tree
Turns out trees can raise the average home’s value by more than $19,000—and save you $180 or more a year on your energy bills. Energy savings: Properly located trees can reduce air conditioning needs...
View ArticleWhen to sell the family cottage
The summer cottage, home, or cabin is often the most emotionally volatile of family assets. Whether it’s about the great memories, ownership status, or a refuge from hectic lives, it is held dear...
View ArticleReduce capital gains tax on the sale of a property
Q: My wife and I own a home and cottage. I have recently retired and we would like to sell both properties and purchase a home on the water. We were thinking of selling our current home and renting for...
View ArticleSell the cottage before it’s too late
After the unforgettable family gatherings, sunbathing on the dock and picture-perfect moments with the kids, it’s hard to say goodbye to the cottage you’ve grown to love. But financial advisers say...
View ArticleReverse mortgages and other income options
While I personally never expect I’ll need to use a reverse mortgage, the topic keeps coming up. Most recently CBC Lang & O’Leary Exchange host Amanda Lang interviewed MoneySense’s own Bruce Sellery...
View ArticleReducing capital gains on the sale of a cottage
Q: My mother leases an apartment in a retirement community, but also has a cottage. Can she declare the cottage as her principal residence? How can she avoid or minimize the taxes on the sale of the...
View ArticleCREA raises 2014 home sales forecast
OTTAWA – The Canadian Real Estate Association raised its home sales forecast Monday on the back of stronger than expected sales in recent months after a slow start to the year. The association said...
View ArticleBefore and after virtual home staging photos
< > Photo of The post Before and after virtual home staging photos appeared first on MoneySense.
View ArticleWhy are condos still being built in Toronto, Calgary and Vancouver?
Over Thanksgiving weekend, I had a conversation with a good friend who was stunned at how many condominium projects are still being approved and built in Toronto, despite impending interest rate hikes...
View ArticleSave with virtual home staging
(iStock) If you’re selling your house, photos are the first thing most buyers will see. But why pay upwards of $3,000 to have your home staged when it can be done virtually for a fraction of the cost?...
View ArticleHousing bubble? Depends on whether you read the numbers or the market
Getty Images No matter what RSS feed you read each morning, chances are there’s at least one story on Canada latest housing market statistics. Failing that, there’s always a story highlighting the...
View ArticleGet a discount on sale of no-dog condos
Own a dog? Thinking of having kids? Want to replace the carpet for hardwood? Then you better be careful what condo you buy. According to a recent study, published this year in the Journal of Real...
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