Deedar  Ghatehorde

Deedar Ghatehorde

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WORLD CLASS REALTY POINT Brokerage *

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Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know


Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know

01 Jun 2024  by Deedar

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 housing market is likely to get interesting over the next few months. If fixed mortgage rates continue...

The Ultimate Moving Guide

Ultimate-Moving-Guide

May is “Moving Month,” as designated by the Better Business Bureau and Canadian Association of Movers.1 It also happens to kick off the peak moving season, which generally runs from May through September.2 According to a survey by Statistics Canada, respondents listed their top motivations for moving as “bigger or better housing” (28.0%) or “a more desirable neighbourhood” (16.8%).3 But no matter the reason, a relocation can feel stressful and overwhelming. If you’re one of the many Canadians planning to relocate in the coming months, this guide is for you. We’ve outlined six steps to...

National Real Estate Market Update - 2023

National Real Estate Market Update for 2023

 

There’s an old adage in real estate: location, location, location. But ever since the Bank of Canada began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates.

3 Smart Home Devices You Didn’t Know You Needed

3 Smart Home Devices You Didn’t Know You Needed

Love the latest gadgets?

Here are some of the hottest home-tech devices revealed at the 2023 Consumer Electronics Show (CES):

 Dandy Lawn Care Robot – Dandy roams your lawn to find weeds, then zaps them with a targeted herbicide. Because it sprays 90% less than traditional methods, it’s better for the planet, too.

My Home Didn't Sell! - Now What?

My Home Didn’t Sell! Now What?

When it comes to listing your home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold.

My Home Didn't Sell! - Now What?

My Home Didn’t Sell! Now What?

 

Top 6 Home Design Trends To Watch in 2023

 

Top 6 Home Design Trends To Watch in 2023

 

Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home offices to upgrading the appliances we use most.

 

2023 Real Estate Market Outlook (And What It Means for You)

Last year, one factor drove the real estate market more than any other: rising mortgage rates. 

In March 2022, the Bank of Canada began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.

7 Tips to Maximize Your Home's Sale Price

7 Tips to Maximize Your Home’s Sale Price

Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations.

Buy Now or Rent Longer? Purchasing Your First Home Buy Now or Rent Longer?

Buy Now or Rent Longer? 5 Questions to Answer
Before Purchasing Your First Home

 

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