Archives for Buyers

Virtual Open Houses in 2021

Live stream open houses have never been more popular in the real estate world.  “Since the feature was made available on REALTOR.ca in April, there have been more than 24,800 live stream open houses conducted by more than 2,600 REALTORS® across Canada.” according to CREA.  That’s a lot of people that potentially have been saved …

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Buying a Home with a Friend

Buying a home with a friend is a good way to get into the housing market. The pandemic has affected businesses everywhere, the Real Estate market has rebounded well. House sales experienced a little interruption early on. It has bounced back bigger and better than what could have ever expected. This has been a result of


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New Changes to the Canadian Mortgage Stress Test: What You Need To Know

Buying a house is easily the biggest decision, and the biggest purchase that many people will make in their lifetime, and often, the hurdles to overcome can be discouraging, to say the least. To purchase a home currently in Canada, you must pass the Canadian Mortgage Stress Test. This test is conducted for the purpose of ensuring that even with financial emergencies or increases in interest rates, buyers will still be able to afford to pay for the mortgage they have. On April 6th, 2020 the rules around Canada’s Mortgage Stress test will become more dynamic, and are thought to
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What You Need to Know About Cannabis Legalization in the Housing Market

Legal Recreational Cannabis and the Impact on the Ottawa Real Estate Market Updated 24 April 2020 Recreational cannabis has been legal in Canada since October 2018. Saskatchewan’s implementation of the new law has been the most efficient. Ontario was the slowest; however, it is now improving the availability of cannabis products. Federal and Provincial regulations, …

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