Hopefully after reading the Understanding Home Prices series you have a better understanding of what can affect the price of your home. If you have owned your current home for a while, its value has most likely changed, especially given the current market and economy we are in. There are several ways to find out [...]
The last factor that you have to take into consideration for your house price is the state the economy is in. This factor is something that you cannot control, but it will definitely affect your house price. What the economy particularly influences are interest rates. Higher interest rates mean it costs more for mortgage, in [...]
When it’s time to sell the house, everyone knows that some investment is needed on the seller’s part to make sure he or she gets the best price. But some sellers go overboard in fixing up a house and end up spending unnecessarily. Here are the seven most common mistakes sellers make, and lose money [...]
Finance Minister Jim Flaherty has suggested that the maximum amortization period of 35 years should be lowered if Toronto’s housing market continues to boom next year, and the minimum down payment raised from its current rate of 5 per cent. Critics say that the move would make it more difficult for first-time home buyers to [...]
