Put into effect on January 1, 2018, the new Canadian mortgage rules have made it harder to qualify for a mortgage. The new regulation requires mortgage stress tests to assess whether the borrower can withstand higher interest rates. The tightening on mortgage lending...
In May 2019, Mehran Redjvani of RE/MAX West Realty Inc. brokered an off-market deal between a buyer and a seller that broke multiple records in the Oak Ridges Lake Wilcox community. The property became the Highest 2-Storey Detached Home Sale in the area since April...
Born between 1980 and 2000, millennials are the largest generation currently looking to purchase their first house and make up 68 percent of all first-time homebuyers. While many millennials are still paying down student loan debt, they are starting to look into...
Vacant lots and buildings are an issue across Canada. Businesses close up shop, or they move locations, and then the building designed specifically for that business sits vacant without a business to take its place. The No Frills Plaza on the corner of Yonge Street...
Despite what you may hear on the news or read online, print is not dead. There are more public libraries than coffee shops across the country. While some view a public library as a place to just store books, libraries play an important place in our community. They...
In real estate, two identical homes can be listed for different prices. Typically homes are valued based on recent sales comps in the area, homes currently listed on the market, the condition of the home under consideration, and additional features the home has. But,...
