Real Estate
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Ontario Real Estate Association calls on province to allow open bidding process

Posted on 16 October 2018

The Ontario Real Estate Association (OREA) is recommending the province adopt a new open bidding process that could be a game changer for home buyers, who are currently forced to bid blind against competing offers in Toronto’s hot housing market. Under the current rules, realtors aren’t allowed to share the details of an offer with anyone other than the home seller. That means con ...

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Condo flipping was never the culprit behind Vancouver and Toronto's home price spikes

Posted on 16 October 2018

Condo flipping was never pervasive in the Vancouver and Toronto housing booms and that sliver of the market has faded over time, suggesting tougher measures to curb speculators won’t make those cities more affordable. Just 3.4 per cent of Vancouver condominiums sold between April and June were units that had already been sold over the previous year, according to data compiled by Bloomberg from ...

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Ontario House Buyers Abandon Toronto, Head to Smaller Cities to Get More Value for their Money

Posted on 20 August 2018

Toronto’s house buyers are gradually beginning to appreciate the value of more affordable houses in surrounding Toronto towns. Three years ago, you could buy a house in London, Ont., for $234,000. Today, it will cost you $364,000, says a report on thestar.com “I call it the Toronto migration” said real estate broker John DeBlock. “It’s not only from Toronto, though. Toronto peop ...

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What every home buyer needs – a pocket sized assistant

Posted on 03 August 2018

(NC) Buying a new home is exciting, but also a lot of work. It involves a whole series of decisions beginning with setting your budget all the way to picking out bathroom tiles. Wouldn't it be great to have a trusted advisor to help? MyHome Planner is a free app that offers the reliable advice, information and organization skills you need at each step of the home buying process. It's li ...

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Buying a new home? Tips to get started

Posted on 03 August 2018

(NC) You may not realize it, but buying a new home requires learning a new language. As you read through sales brochures, real estate listings or contracts, you may come across terms that are unfamiliar but very important to know. Below are some basic terms and definitions you may encounter in your search for a newly built home. With these terms in your vocabulary, you’ll be better ...

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Staying safe during home renovations

Posted on 03 August 2018

(NC) The first back-to-school sale catches you by surprise. Where did the summer go?  With the return of shorter days and cooler temperatures, perhaps there are some neglected renovation projects that you can finally tackle. Even if it’s only painting the kitchen, here are a few tips to keep you and your family safe: Is there asbestos in your house? If you are planning ren ...

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What to know before renovating

Posted on 27 May 2018

(NC) Whether it's a DIY project or one you hire a pro for, a home upgrade can add beauty and comfort to your living spaces. But before you start, know that some furniture and building materials made from composite wood may be a source of formaldehyde. Formaldehyde is a colourless gas commonly found in indoor air. It can come from tobacco smoke, wood smoke and cooking. It also comes from ...

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Ancient elements inspire modern architecture trends

Posted on 27 May 2018

(NC) Drawing inspiration from the past can yield unexpected results and lend a timeless quality to any space. When balanced with modern elements, ancient elements in the home can create a look that is fresh, unique and classic, but still very of the moment. Thinking about doing a major makeover or a few strategic upgrades? Then take a page from history and incorporate some ancient element ...

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Five DIY renovation tips

Posted on 27 May 2018

(NC) As the days grow longer and the sun begins to warm the soul, many of us might be thinking it's time to get our home ready for the warmer weather. It's a perfect time to embark on that painting or renovation project you've been dreaming about. Let the clean, fresh air in. Make sure there is plenty of ventilation during painting or varnishing projects, or when instal ...

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Transform New Houses For Better Resale Value

Posted on 24 May 2018

If your house has been built in the last five to ten years, there are a lot of great things going for it. It probably doesn’t have that much wear and tear on it yet, the style and layout are all contemporary, the kitchen will still feel fresh. There are tons of qualities you get from a new home. But there’s one area where older properties seem to have the advantage: the outdoors. New subd ...