When you read or watch the news about the real estate market, it may seem reasonable to make the assumption that the information applies equally to your street or community.

But, that isn’t always true.

In fact, the characteristics of your local real estate market can differ in many respects from the regional or national market.

Say the regional real estate market is most active during certain months of the year. That might be true of your neighbourhood, too. But, there may also be some caveats. If, for example, buyers are eagerly awaiting listings to come up in your community, then that micro market might heat up faster than other areas in the region.

Knowing how your local market works and how it differs from the larger regional market...

It’s easy to assume that you don’t need a Realtor™ to sell your home. But using an experienced Realtor™ can bring a lot of value to your sale. Here are a few benefits to using a Realtor™:

1: You’ll probably make more money.

A July 2017 study by Collateral Analytics found that For Sale by Owners (FSBOs) rarely make any savings, and in some cases the sale may end up costing more. The study showed that FSBOs sold for around 6% less than similar properties sold by Realtor™.

2: You’ll get greater exposure with a Realtor™.

Only Realtor™ are allowed to market homes for sale on the MLS, consequently, homes sold without a Realtor™ will not show up on the MLS, which is...

When preparing your property for sale, you want to make it as attractive as possible to buyers. After all, the more buyers like what they see, the higher the probability you’ll get good offers.

That’s why it’s advisable to clean, declutter, decorate, fix, and improve as much as possible.

But how far should you go with fixing and improving? For example, should you tear down the old deck and build a new one? Or should you just leave it as is?

Should you paint the main floor? Or is it okay to leave the faded finish and few wall dents just as they are?

Those can be difficult questions to answer because many factors come into play.

• What is the traditional return on investment for that home improvement? In other words, how much will...

Spring is often associated with moving, but now is the time to start preparing your home if you want to sell a house fast this coming springtime.

Sure, you can wait until the weather starts turning warmer if you just want to put your property on the market and hope for the best. However, clever sellers know there’s more to be made with a bit of forethought than simply selling a house ‘as is’ once spring is already here.

So, if you are wondering how to sell your home fast this springtime, here are some hints and tips.

1. Do your spring cleaning now

If you are planning to sell your property before the summer, now is the time to start getting it ready for sale...and that includes spring cleaning.

Not only will cleaning and decluttering...

Are you thinking of selling your home this year? If so, you might be paying extra attention to housing market news covered by the regional and national media.

While that news can be helpful information, it can sometimes say little about what’s happening in your particular neighbourhood. In fact, it’s possible for there to be a balanced market nationally or regionally, while at the same time your street may be experiencing a hot seller’s market!

That’s why it’s important to understand what’s happening in your local “micro” housing market when you’re selling your home.

What do you need to know about your local real estate scene? Here are a few questions to ask yourself:

• Is our neighbourhood...

Unless you’re selling in a strong sellers’ market, you should take advantage of every opportunity to show your home. Say, for example, an interested buyer would like to see your property tomorrow evening. If you say no, they might see another listing in the meantime — and make an offer!

So, being prepared to show your home at the drop of a hat is important.

That doesn’t mean you should agree to be inconvenienced constantly. However, if you can put up with some disruptions in your plans now and then, you’ll increase your chances of selling your property.

Consider these tips:

• Avoid restricting showings to a particular weekday, such as Monday evening and Saturday afternoon. What if an interested buyer isn’t available...

If you are thinking about selling your home this coming spring, one factor that may hold you back or delay your preparations is time. You may be worried that you won’t be able to find the time in your busy schedule to prepare your property so you can sell successfully.

If so, here are four strategies that can help:

1. Understand what needs to be done

Do you know what you’ll need to do in order to sell your home? Do you understand the steps involved? Do you have a clear idea of how long it will take to complete these various tasks, such as getting repairs done, decluttering, and doing some ‘staging’?

The more accurately you can anticipate your tasks and how long it will take to complete them, the better you’ll be...

Until a couple of years ago, internet access was a nice-to-have for most homeowners. But these days, it’s fast becoming a necessity. Kids need good internet to do homework assignments. You may need reliable internet to work from home and attend online meetings.

So, when shopping for a new home, it’s wise to check if the property which you’re interested in making an offer on has good internet available. The last thing you want is to move into a home only to discover that the internet service is slow and faster options are unavailable.

There are many ways to do find out.

For example, most internet services websites have a feature where you can type on the address and find out what type of internet services are available. Pay attention...

These days, people are more environmentally conscious. When it comes to their homes, that often starts with being more thoughtful about heating and cooling so they’re consuming less energy. With that in mind, here are some tips for making your home even more eco-friendly:

1. Install a smart thermostat. Modern thermostats come with a range of features that help you manage heating and cooling, so you use less energy. For example, you can program a thermostat to adjust temperature during the workday and then turn on heating or cooling an hour before you get home.
2. Take advantage of non-peak times. Many utilities (electricity, water, etc.) offer price breaks at non-peak periods. For example, washing your clothes later in the evening might reduce...

Positive Buyer Strategies for a Tough Market

With the way the housing market is at present, it’s tough for buyers to compete and even harder to stay positive, and things may seem especially hopeless for first-time homebuyers; they have no previous home on which to draw equity, and they can also be dealing with sky-high rent and high student debt balances, making it extremely difficult to save for a down payment.

Buying a home is always emotional, and having to deal with disappointment and uncertainty just adds to the stress levels. So how can buyers stay positive in a market like this? We’ve put together a few tips on how buyers can make smart decisions, and move in the right direction towards finding their new home.

1) Mortgage ...