Author: homegoal.ca

Effective leadership can make the difference between success and stagnation in an industry as competitive as real estate. Don Kottick, president and CEO of Sotheby’s Canada, has consistently demonstrated the ability to inspire, innovate, and adapt.    “Some of the best lessons in business have come from the worst leaders,”- Don Kottick   For Kottick, the cornerstone of leadership is assembling the right team. Reflecting on his experience leading at Sotheby’s, Royal LePage, Johnston & Daniel, Peerage Realty Partners, Right At Home Realty and the Real Estate Institute of Canada (REIC), he emphasizes the importance of trusting your instincts when…

Canadian real estate investors are increasingly looking beyond domestic markets to diversify their portfolios, enhance returns, and capitalize on favourable conditions in foreign markets. This exploration opens up opportunities in various countries known for their robust real estate markets, appealing lifestyles, and potential for strong rental yields.  Canadian real estate investors are increasingly looking beyond domestic markets to diversify their portfolios, enhance returns, and capitalize on favourable conditions in foreign markets. These opportunities span countries known for their robust real estate sectors, appealing lifestyles, and potential for strong rental yields.  Mexico Mexico’s affordability, warm climate, and established expatriate communities make…

Editor’s Note: This article has been updated to reflect that the Purchaser of the site is Manga Hotel Group.Nearly a year after being placed under receivership, a development site in Brampton approved for three high-rises and over a thousand residential units has been successfully sold. The CBRE Land Specialists recently announced the sale of the almost four-acre site at 253 Queen Street East in a LinkedIn post.According to the latest available court filings, the receiver, Rosen Goldberg Inc., appeared before a judge on October 24, 2024, at which time they presented an Agreement of Purchase and Sale dated August 15,…

While the idea of owning a home is exciting, the reality is that some properties can end up costing much more than you bargained for. A ‘money pit’ refers to a property that seems fine at first but ends up requiring excessive repairs and maintenance, draining your wallet over time. The last thing you want is to be stuck with a home that continually eats into your finances. To avoid this scenario, it’s essential to know how to spot a money pit before you buy.  Look for Structural Issues  Structural problems are among the most expensive and complex repairs to…

designed by freepik Real Estate Investment Trusts (REITs) are growing fast. One reason for this growth is the rising demand for multi-family properties.  More and more investors are turning to REITs to invest in these properties. REITs make it easy for people to invest in real estate without buying property themselves. With the demand for multi-family properties on the rise, REITs are becoming more attractive to investors looking for steady returns. Are you curious to know more? Let’s start to explore interesting things about real estate investment.  What Are REITs? A REIT is a company that owns or manages real…

Vancouver Realtors with an active Instagram presence are selling more homes and doing it faster, according to a new study from Simon Fraser University and Roomvu.  The study analyzed more than 63,000 transactions from the Greater Vancouver Realtors’ MLS from mid-2021 to mid-2024 and found that agents who maintain an active Instagram profile see significantly higher sales volumes and lower days on market (DOM) compared to their less social media-savvy peers. According to the study, agents using social media were found 15 per cent more likely to improve their sales performance.   The numbers behind the trend   The research,…

As of the latest data, Yukon’s real estate market continued to show dynamic activity across residential sales and the rental sector, with rising property values, changing sales volumes, and evolving rental trends across the territory, particularly in Whitehorse. Residential Housing Market In the third quarter of 2024, Yukon recorded a total real estate transaction value of $131.4 million, a slight increase of $322,800, or 0.2%, compared to the same quarter in 2023. This includes $103.6 million in transactions within Whitehorse and $27.8 million in the rest of Yukon.  Whitehorse Trends Price In the third quarter of 2024, the average price…

After some confusion surrounding whether or not proposed capital gains changes would take effect this upcoming tax season in the wake of Prime Minister Trudeau’s prorogation of parliament, the Department of Finance Canada is clearing things up for taxpayers.On Friday, Minister of Finance and Intergovernmental Affairs Dominic LeBlanc announced that the date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realized annually above $250,000 is being deferred from June 25, 2024 to January 1, 2026.“The deferral of the increase to the capital gains inclusion rate will provide certainty to Canadians, whether they…

Gravy & cheese curds. Tegan & Sara. Denim & denim…there’s only one iconic duo that trumps those to Canadains, and it’s the tightly integrated economies of Canada and the US. Like all bromances, this relationship is going through a bit of a rough patch, with the new American administration threatening to impose 25% tariffs on Canada, but only if we don’t make drastic changes to immigration and stop turning a blind eye to transnational organized crime. If hit with tariffs, Canada’s GDP would take a massive hit and plunge into one of the worst recessions on record. Surprisingly, Canada’s economy…

Millennials are leading the charge as the largest group of homebuyers. According to the National Association of Realtors, 38% of home buyers are millennials. This generation is driving new trends, especially when it comes to home features and design choices. Whether you’re designing or selling a home, understanding their preferences is key. Using data from the National Association of Home Builders (NAHB), we’ve rounded up some of the most sought-after features homebuyers are looking for.  Millennial homebuyers want to save energy whenever possible, which is why Energy Star-rated appliances are high on their wish lists when buying a new home. The…