Can I Buy or Sell a Home Without a Real Estate Agent?

Monday Apr 12th, 2021

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Can I Buy or Sell a Home Without a Real Estate Agent?

Can I Buy or Sell a Home Without a Real Estate Agent? Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighbourhoods. This has led some sellers to question the need for an agent. After all, why spend money on a listing agent when it seems that you can stick a For Sale sign in the yard then... [read more]

Is Now a Good Time to Buy or Sell Real Estate?

Monday Jun 1st, 2020

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Is Now a Good Time to Buy or Sell Real Estate?

Is Now a Good Time to Buy or Sell Real Estate?   Traditionally, spring is one of the busiest times of the year for real estate. But the coronavirus outbreak—and subsequent stay-at-home orders—led many buyers and sellers to put their moving plans on hold. In April, sales volume fell to its lowest level since 1984, according to the Canadian Real Estate Association.1   However, while sales have fallen, prices have remained stable. The average home price in... [read more]

CMHC Tightens Mortgage Insurance Rules Starting July 1

Friday Jun 5th, 2020

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CMHC Tighten Insured Mortgage Rules

CMHC Tightens Mortgage Insurance Rules Starting July 1 The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, 2020. The move would make it harder for riskier borrowers, who offer downpayments of less than 20 per cent to access CMHC's default mortgage insurance. CMHC is establishing a minimum credit score of 680 instead of the current 600, the group said in an emailed statement. It will... [read more]

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