Real Estate Homes & Condos

Many real estate markets across Canada have large inventories of homes for sale right now, and this could impact you if you plan on selling your property.  As your local Coldwell Banker® real estate representative will tell you, a market with a high inventory of listings means sellers have more competition to attract potential buyers and ...

In some major Canadian markets, the hot real estate market has given rise to a practice that’s intended to stimulate interest in a listing and achieve the highest possible sale price in a short period of time.  What is it?  It’s under-pricing the listing.  Intentionally listing properties at well below their market value ...

Young Canadians have learned a powerful lesson from their parents about the benefits of owning their own home.  At least, that’s the conclusion that many people would make when reviewing a recent government study.  According to an analysis of the findings of the General Social Survey on family transitions, recently published in ...

One of the most common mistakes that Canadian homebuyers – particularly first time buyers -- make is starting out at the wrong price level.  Prospective buyers have a tendency to get ‘hung up’ on the sale price, but the monthly carrying cost is what really counts. These buyers arbitrarily pick a figure – giving their ...

Looking at fundamentals, it’s not surprising that 2008 is already predicted to be another great year for real estate in Canada.  All of the economic drivers that would support a robust real estate market are in place ― powerful demographics – the ‘boomers’ are ready to downsize, upgrade, or buy vacation properties, ...

Real estate industry insiders have long known that new construction is one of the best indicators of coming market conditions.  According to The Canada Mortgage and Housing Corporation (CMHC), we’ve just come out of a near record year, with strong market conditions continuing for 2008.  Annual housing starts for 2007 are estimated ...

With winter storms pummeling most of Canada in recent weeks, the prospect of becoming stranded in your home for a period of time with limited resources is an all-too-real scenario.  Are you ready for such a possibility?  The Canadian government warns that every Canadian homeowner should equip their residence with sufficient supplies to ...

Buyers need to understand Mortgage Insurance When you buy a home, there are two very distinct types of mortgage insurance that may come into play – one is Mortgage Loan Insurance and the other is Mortgage Life Insurance.  Even the names sound similar, but these two types of coverage have completely different purposes and ...