Predictions for the 2020 Kitchener Waterloo Real Estate Market
byPredictions for the 2020 Kitchener Waterloo Real Estate Market. Forecasting a continuing Seller’s Market!
mortgage
How to buy in a seller’s market
byHere in Kitchener-Waterloo we still have a seller’s market with home prices continuing to rise and inventory levels still well below historical averages.
Role of a Buyer in a real estate transaction – A Lawyer’s perspective (guest post)
byIt is quite likely that by the time you have connected with a lawyer in a real estate transaction, you may be a party…
Buy now or wait till spring?
byShould I buy now or should I wait till spring? Now that we are into November, many people are asking me, “Should I buy…
How to buy a house
byIt used to be easy to buy a house and harder to sell. The power was on the buyer’s side. It used to be…
Holding offers
byIt started happening about this time last year – “holding offers”, or in other words, home sellers waiting about a week before looking at…
What is the stress test?
byBack in October last year, the federal government announced a significant change concerning guidelines for borrowers of high-ratio mortgages (affecting those with a deposit…
Why do real estate agents get paid a percentage of sale price instead of a flat fee for service?
byThe real estate industry in my opinion has been slow to evolve. Of course, the percentage system is not unique to residential real estate….
How will the 10% mortgage rule affect local real estate?
byThis week, a new mortgage rule went into effect. Home buyers are now required to put down a minimum downpayment of 10% on the…
Why I don’t show conditionally sold homes
byConditionally sold homes exist in a grey area between “for sale” and “sold”. They are still advertised for sale on realtor.ca and there can…