Home Prices Down. Landlord Tenant Registry in Ontario now Up. Two Year Extension on Foreign Buyer Ban. 85 Offers On One Home… AGAIN !? Interest Rate Decrease & More.

Unlocking Your Dream Home: A Comprehensive Guide to Pre-Construction and New Homes for Sale CURRENT INTEREST RATES You may be eligible for the New to Canada program that can assist with the purchase of a home with just 5% down on homes under $500,000. IN CASE YOU MISSED IT...MORE REAL ESTATE NEWS CP24 - Mississauga house sells for just under $1M after 85 offers The Housing and Mortgage Market Review: January 2024ANALYSIS OF ONTARIO’S EFFORTS TO BOOST HOUSING SUPPLY Landlord Tenant Registry in Ontario The Expositor - City, county making progress on affordable housing: Mayor Davis The Expositor - City of Brantford offers plenty of fun over Family Day weekend The Expositor - Brantford area home prices down at start of new sales year The Expositor - 2023 was Brant County's third biggest construction year The Expositor - Committee recommends 5.8% tax increase for Brantford homeowners The Expositor - City setting aside funds for new Brantford hospital CBC News – Celebrity contractor Mike Holmes 'approved' this development. Now some of its homes have been demolished Toronto Star – A record high number of new condos are going unsold in the GTA Canadian Mortgage Professional – Toronto mayor's executive committee approves new foreign buyer tax Toronto home sales off to hot start to 2024, but prices slip for eighth month in a row (Yahoo! Finance) Leon's Furniture plans to unlock 'massive' real estate value by building 4,000 homes in Toronto (Yahoo! Finance) Federal government extends foreign buyer ban until 2027 (Canadian Mortgage Trends) Fixed mortgage rates in Canada resume decline amid economic volatility (Canadian Mortgage Trends) CBC News - Ottawa says it will have news soon on the future of the Greener Homes grant Bloomberg – Homebuyers in Canada are so frenzied that they won’t wait for rates to go down Financial Post – Housing prices rose the most in these 5 spots in Canada in 2023 Toronto Star – Buyers at the gate: House prices are expected to rise this year. Will buyers flood in when the rate cuts come? Storeys – ‘Buyers aren’t rushing’: Luxury home sales slip in Toronto, Montreal, surge in Vancouver, Calgary Canadian Mortgage Professional – How concerned is the Bank of Canada about the mortgage market? Mortgage rates drop for the second time in 2024 (Yahoo!Finance) Is it time to refinance your mortgage? 5 ways to prepare. (Yahoo!Finance) Canada is building a lot of housing. It’s still not enough (The Globe and Mail) Market participants still expect the first Bank of Canada rate cut in April (Canadian Market Trends) Rent prices rose in 2023 as Canada saw lowest vacancy rate since 1988: CMHC (Canadian Mortgage Trends) Borrowed money led to a boom in pre-construction sales. It could become a problem (CTV News) Canadian home builders call for policy reforms amid rising interest rates and construction costs: CHBA (Real Estate Magazine) Financial freedom for Canadians 55+: HomeEquity Bank boosts CHIP Reverse Mortgage support for the broker channel (Canadian Mortgage Trends) Property taxes in major Canadian markets: Changes over the past decade and where they’re at now (Real Estate Magazine) Canada to offer universities, colleges low-cost loans to build new student housing (CTV News) Mike ’Holmes Approved Homes’ demolished due to alleged defects (RCI Canadian News)   Diana Winger, REALTOR® CNE, SRS, SRES, ABR Mortgage Agent, Level 1 Valko Financial LTD #13047 eXp Realty | Dominion Lending Centres |  226-705-3369 | 250-588-8839 ON YOUR TEAM! WingerRealEstate.com Housesforsale365.com   |   SearchBestMortgages.com  

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Working with a real estate agent: Things you need

When it comes to buying or selling a property, working with a real estate agent is a smart decision. These professionals have the knowledge, experience, and network to make the process smoother and more efficient. Whether you are a buyer or a seller, there are certain things you need to know about working with a real estate agent in Brantford, Hamilton, Cambridge, Ancaster, Waterloo, Kitchener, or Guelph. or surrounding areas. For buyers, a real estate agent can be your guide through the entire process, ensuring you find the right property that meets your needs and budget. They have access to a wide range of properties and can help you narrow down your search. Additionally, they can provide valuable insights about the neighborhoods, market trends, and property values. With their negotiation skills, they can help you secure the best deal possible. On the other hand, sellers can benefit from the expertise of a real estate agent in marketing their property effectively. They know how to highlight the best features of your home and attract potential buyers. By setting the right price and staging the property, they can maximize its appeal and increase the chances of a quick sale. Real estate agents also handle all the paperwork, negotiations, and legalities, saving you time and effort. Staying updated with real estate news is crucial for both buyers and sellers. Real estate agents have access to the latest market trends, upcoming developments, and changes in regulations. They can provide valuable insights and advice based on this information. Whether it is the best time to buy or sell, or the current mortgage rates, having a real estate agent on your side can help you make informed decisions. If you are considering working with a real estate agent in Brantford, Hamilton, Cambridge, Ancaster, Waterloo, Kitchener, or Guelph or surrounding areas, it is important to choose a registered agent. The Real Estate Council of Ontario (RECO) regulates agents to ensure consumer protection and professionalism. You can find an extensive information guide on the RECO website, which provides valuable resources and tips for buyers and sellers. In conclusion, working with a real estate agent can make a significant difference in your buying or selling experience. They have the knowledge, experience, and network to help you navigate the real estate market efficiently. Whether you are a buyer or a seller, it is important to stay informed about real estate news and choose a registered agent who is recognized by RECO. So, take advantage of their expertise and make your real estate journey a smooth one. Click on the image below to download the guide.

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New Construction and Pre-Sale Home Guide. If You are a Renter, Your Inflation Rate is Double. New to Canada? We have Mortgage Programs for That! Rates on Hold For Now.

Unlocking Your Dream Home: A Comprehensive Guide to Pre-Construction and New Homes for Sale CURRENT INTEREST RATES You may be eligible for the New to Canada program that can assist with the purchase of a home with just 5% down on homes under $500,000. IN CASE YOU MISSED IT...MORE REAL ESTATE NEWS Toronto Sun – Brampton home sales offer glimpse into recent real estate market 'bloodbath' CBC Toronto – Cash for keys: Some tenants who face eviction demand thousands from landlords amid tribunal delays Hamilton Spectator – 'It’s like our moon landing': $21M Burlington housing accelerator funding to speed up approvals CBC Hamilton – Hamiltonians have their say at Tuesday's public budget meeting, as city proposes 7.9% tax increase CBC Hamilton – Hamilton to become 1st Ontario city with bylaw to stop 'bad faith' renovictions CBC Kitchener Waterloo – Tiny homes on Erbs Road a 'stepping stone' to secure stable housing, says resident Toronto real estate market may have 'woke up from its slumber' but don't expect price increases for now: report (CTV News) National Post – HOLMES: Keeping your home warm and energy-efficient this winter Toronto Star – Toronto considers new tax on foreign home buyers Toronto Star – Doug Ford promising more help for housing in rural Ontario Hamilton Spectator – ‘We can’t handle it’: Norfolk joins municipalities calling for financial help from Queen’s Park CBC Hamilton – Hamilton to go ahead with vacant unit tax after defeat last year CBC Hamilton – Baby born in Hamilton encampment shows extent of 'desperate' housing crisis, councillor saysCBC London – CMHA to take ownership of 30-unit supportive housing project in financial trouble CBC News - Interest rate cuts are coming, but the Bank of Canada won't say when Dr. Sherry Cooper - Bank of Canada Holds Rates Steady and Forecasts a Soft Landing Financial Post - Immigration part of solution to Canada's housing crisis, minister says REM - 2024 homeownership surge with nearly one in five Canadians eager to buy, especially younger groups: Wahi REALTORS® answer your ‘what-ifs’ about buying and selling 5 things to do before applying for a mortgage Real Estate Magazine – Urban exodus reversal: Homeowners grapple with reality as challenges and commutes overshadow rural charms Financial Post – Home sales jump in December, while prices eke out gain for year Financial Post – Canadians are getting sick of waiting for the housing market to improve Financial Post – Canada caught in population trap for first time in modern history, economists warn National Post – No sign interest in heat pumps grew following Liberal move to beef up federal grants National Post – Canada to weigh caps on foreign students amid housing crunch Globe and Mail – Non-prime lenders warn thousands of borrowers they could be cut off because of new maximum interest rates Toronto Star – Canada's 'coiled up' housing market to see rebound year, with price gains into 2025, CREA predicts Toronto Star – Does it make sense to port your mortgage to the new house you just bought? Toronto Star – Some bankruptcy trustees say they're getting more calls from preconstruction homebuyers — a trend likely to continue Storeys – It’s happening again: Promise of rate relief to spark spring housing market Storeys – Canadian house prices cap off 2023 on a ‘downward trend’ Are fixed rates about to rise following the latest jump in bond yields? Some experts say yes (Canadian Mortgage Trends) Mortgage 'payment shock' is why Canada's economy has fallen behind, says RBC's McKay (Yahoo! Finance) Real estate market predictions for 2024 (Global News) New app matches students who need housing with seniors who have room to spare (CBC News) Canadian real estate investors confident in the market, seeking passive options (Wealth Professional) CBC News – Linking immigration to the housing shortage may be missing the problem, experts say Financial Post – Housing market has turned a corner, Royal LePage says Globe and Mail – Leasehold real estate can provide the home you could never afford, but with big caveats Storeys – New home prices see annual drop after year of rising rates, declining demand Canadian Mortgage Professional – How are experts reacting to the Bank of Canada's latest decision? Canadian Mortgage Professional – What the Bank of Canada's January decision means for mortgage holders CBC B.C. – How technology is helping municipalities crack down on illegal short-term rentals Under-35 households lead the way in reducing mortgage debt, StatCan reports (Canadian Mortgage Trends) Thinking of buying your first home in 2024? Stop trying to time mortgage rates (The Globe and Mail) If you’re a renter, your inflation rate is double (The Globe and Mail) Zoocasa -  Are you waiting for the rates to go down? Or should you buy now? Zoocasa -  Wallet-friendly upgrade ideas for under $1000 Survey shows 87% of Canadians choose real estate investing over stocks for extra income in 2024 (Real Estate Magazine)   Diana Winger, REALTOR® CNE, SRS, SRES, ABR Mortgage Agent, Level 1 Valko Financial LTD #13047 eXp Realty | Dominion Lending Centres |  226-705-3369 | 250-588-8839 ON YOUR TEAM! WingerRealEstate.com Housesforsale365.com   |   SearchBestMortgages.com     Share Tweet Forward

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