Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know   Once again, the number one story in real estate this summer is mortgage rates. But unlike last year, when a surprise series of rate hikes from the Bank of Canada sent skittish buyers back to the sidelines, all signs now point to the opposite scenario. Instead of market-chilling rate hikes, economists now expect market-quickening rate cuts—possibly starting as soon as this month.1  That means the... [read more]

Hidden Costs of a Home Purchase Saving up to buy your first home? Factor these potential costs into your budget. If you’re hoping to buy a home this year, reach out to schedule a free consultation. We can help you navigate the process and reach your real estate goals. Manoj Arora, Broker of Record 647-361-1517 or 416-618-9753 #realestate #realestateagent #homebuyertips #firsttimehomebuyer #househunting #manojarora #aceteamrealty #manojarorarealtor [read more]

7 Common Homebuyer Regrets (And How To Avoid Them)  To avoid buyer's remorse, be sure to consider your future self when shopping for a home.  Most new homebuyers don't regret becoming homeowners. In fact, according to a recent survey by Zolo, 80% of Canadians who purchased a home during the pandemic say they're glad they bought their current homes.1 But that doesn't mean newly-minted homeowners don't have any regrets about their buying... [read more]

Should you get preapproved for a mortgage before you start house hunting? And the answer is BIG YES!! Here are three reasons why: You’ll find out how much home you can really afford. You’ll gain credibility when you’re ready to make an offer. You’ll speed up the buying process. In fact, this could be a costly mistake not to get the mortgage pre approval done. To help home buyers protect from this and other common pitfalls there is a new FREE... [read more]

Home Inspection Mistakes   🚩Don’t make these common home inspection mistakes!🚩 Home inspections are a make-or-break moment, but there’s no need to panic. Just be sure to avoid these common mistakes: 1️⃣Miss Attending Your Inspection It’s the perfect chance to find out where everything is located and see first-hand what repairs and updates may be needed. 2️⃣Expect a Perfect Report The key is to understand which problems are simple... [read more]