With the ups and downs of Mississauga's real estate market in the last year, many home buyers and sellers are confused about current conditions. Depending on who you speak to or what you read, there are varying opinions. Some will say that we are now in a seller’s market, while others will say that it’s a buyer’s market. Then there are those folks who are adamant that recent regulations have made it more balanced. Knowing where the real estate market stands can be... [read more]

In our last blog post, we discussed homeownership for singles and the many things one should keep in mind when buying a house on their own. But, what if you are partnered up with someone and ready to put your renting days behind you? We’re going to dive into this homeownership topic today. More and more Canadians are choosing to prioritize homeownership over other life events, such as marriage, as a way to get into the housing market. With interest rates in flux and rents high,... [read more]

Real estate terminology can be confusing, especially for first-time buyers. Many terms are used interchangeably – and sometimes incorrectly. The terms “down payment” and “deposit” are a great example. Although both require savings, they occur at different times in the real estate transaction and serve two different purposes. Deposit A deposit is money that you put down when securing a home to purchase. There is no set amount, but it shows that you are serious... [read more]

In Canada, an increasing number of single home buyers are choosing to enter the housing market on their own. Of this demographic, many do not have children and are making the leap into homeownership for the first time. Buying a home on one’s own is a very empowering step in a person’s life. If you are house hunting for a place by yourself, here are some tips to keep in mind. Tip #1: Be financially fit  As a single home buyer, you are in charge of your money and future... [read more]

As housing affordability continues to be a challenge for many Canadians, aspiring homeowners are looking for creative ways to break into the real estate market. Some are relying on generous down payments from their parents, while others are hustling at multiple jobs to boost their savings. Other buyers are exploring joint ownership, which allows all parties to share the up-front and ongoing costs associated with owning a house, as well as the benefits. But co-owning a home isn’t merely... [read more]