Author: homegoal.ca
designed by freepik A key decision for home buyers in Canada is whether to buy a new or pre-owned home. Both have their benefits and challenges. Should you buy a brand-new home or a resale property? If you’re a first-time home buyer in Canada or looking at property options in Canada, understanding the pros and cons of each will help you decide. Let’s examine the benefits and drawbacks of buying new homes versus resale homes in Canada. Advantages of Buying a New Home 1. Modern Design and Features New homes have the latest designs and technology. Expect open floor plans, energy-efficient…
In my experience as a real estate lawyer and speaker, when a real estate brokerage has a proper FINTRAC compliance program, not only do they stay out of trouble with FINTRAC auditors, but they actually close more deals without any negative consequences. However, the opposite is also true. When you do not have a proper program, it is more likely that your deals may not close, as lenders are conducting their own due diligence on every potential buyer, and title insurers are performing due diligence on buyers as well as sellers. In addition, the penalties administered by FINTRAC can be…
Real estate professionals are all too aware that young families are the likeliest to uproot if an opportunity to move into a desirable school catchment presents itself. It turns out they’re in luck. Brightstone has developed The Briar on Avenue, a seven-unit boutique luxury townhouse project in the heart of Lytton Park —which is in one of the Greater Toronto Area’s most desirable catchments. “The Briar on Avenue’s site was chosen because we envisioned it as a gateway to Lytton Park that’s close to a host of shops, services, parks, major transit routes and, of course, some of the best…
“Stable housing, access to housing, is the foundation for success. Without housing its hard to focus on your future, without housing its hard to start a family, and without housing we cant build the strongest economy in the G7,” recently sworn-in Prime Minister Mark Carney said to reporters in Edmonton on Thursday, during which he discussed his administrations’ plan for tackling the nations’ housing crisis.The purpose of his remarks, however, was to announce the PM’s intent to eliminate GST on all new and substantially-renovated homes priced under $1 million for first-time homebuyers — a move intended to improve housing attainability…
Cottages are the perfect escape, offering peace, quiet, and a chance to reconnect with nature and loved ones. Whether you’re an adventure seeker, drawn to water sports, or simply love the serenity of the great outdoors, there’s a cottage that suits your style. Each cottage provides a unique slice of paradise, from tranquil lakeside retreats to cozy cabins tucked in the woods. We’ve rounded up seven one-of-a-kind cottages across Canada, each with its own charm and getaway experience. Listed by: royal lepage lakes of muskoka realty Listed by: royal lepage lakes of muskoka realty Property Details: Detached 3 beds, 2 baths, 8…
Current market conditions in many of Canada’s larger cities are creating opportunities; with increased inventory and less competition, buyers have more choices, and motivated sellers are open to negotiation. For Realtors, navigating these discussions successfully is no small feat. Many deals fall apart due to poor negotiation—whether it’s giving up too soon, engaging in unnecessary arguments or relying too heavily on logic when experts say emotions and psychology drive decision-making. The good news? Negotiation is a skill that can be learned, including the confidence required to improve. It’s all teachable, says Suze Cumming, a real estate negotiation coach and former…
Manitoba’s Q4 2024 market update reveals a residential sector marked by modest sales growth, rising prices, and reduced inventory, while commercial segments – both office and industrial – demonstrate stability amid evolving market conditions. Residential Market in Q4 2024 An Edge Realty Analytics report in March highlighted rising sales and decreasing inventory in Manitoba’s residential market for Q4 2024. Sales Residential sales increased by 4.7% quarter-over-quarter and by 16.9% year-over-year. Listings New listings rose slightly by 0.2% from Q3 2024; however, active listings fell by 7.3% sequentially and by 22.3% on a year-over-year basis, showing an overall contraction in market…
This article was written and submitted by Mark Goodman and Ian Brackett, brokers at Goodman Commercial and authors of the Goodman Report.Whether you think it is “the most beautiful word in the dictionary” or a punitive obstacle to free enterprise, tariffs have become all anyone wants to talk about. But now that we’re paying attention, it’s worth considering whether we are setting a double standard and glossing over the impacts of our own bad tariff policies.In simple terms, a tariff is a sales tax on foreign goods. Long before they became a tool to punish or gain leverage over another…
Canadian politicians chased immigration so much they completely missed the surge of citizens leaving. Statistics Canada (Stat Can) data shows emigration, the act of a citizen or permanent resident leaving for good, accelerated in Q4 2024. The move was part of a recent trend that saw the highest volume of Canadians fleeing the country since 1967. Emigration is the opposite of immigration—the act of a permanent resident or citizen relocating outside of the country. People leave for a lot of reasons such as retirement, marriage, or career. It’s always going to be a component of a country’s population, so it’s…
When it comes to selling your home, first impressions truly matter. Eighty percent of prospective buyers know if a home is right for them as soon as they step inside, reported BMO. With so importance placed on a home’s appearance, it’s essential to present your living room and kitchen in the best light possible. That’s where home staging comes in. But what is home staging, and why should you consider it to help sell your property faster? What is Home Staging and Why Does It Matter? Home staging is the process of strategically arranging furniture, decor, and other elements to…