What do homebuyers prefer – banks or mortgage brokers?

Most Canadians favoured banks over brokers to obtain mortgages on their primary residences last year.

What do homebuyers prefer – banks or mortgage brokers?

MPC’s annual report on the state of the residential mortgage market revealed that about 6.08 million of the overall 10.01 million owner-occupied dwellings in Canada had mortgages at the end of 2020 – and among buyers who purchased homes in 2020, 54% of mortgages were obtained from banks, 40% fro…

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4 Things Real Estate Agents Wish You Knew About Colorful Appliances

Colorful appliances are making a comeback, and realtors have opinions.

4 Things Real Estate Agents Wish You Knew About Colorful Appliances

While you may fall in love with a cobalt blue refrigerator, real estate agents suggest exercising a little caution. If you’re considering buying colored appliances for your kitchen, here’s what real estate experts want you to know.

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Ring Video Doorbell Wired vs. Nest Hello: Which is better?

Two of the most popular video doorbells on the market today are the new Ring Video Doorbell Wired and the Nest Hello.

Ring Video Doorbell Wired vs. Nest Hello: Which is better?

Video doorbells are becoming amazingly popular, as they let you keep tabs on who’s coming and going and when. Plus, if you ever find a need to access security footage following a break-in or package theft, video doorbells can help, thanks to that added layer of home security.

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3417 120A Avenue Northwest, Edmonton. Click for more photos and pricing

Check out this home!

Beautiful 5 bedroom home with a private south-facing fully-fenced backyard. Enjoy the oversized deck, cedar trees, perennial flower gardens, barbecue areas, and the fact that this home is located on a quiet street in Beacon Heights. Offers a larger single detached garage, 5 bedrooms, and 2 bathrooms. This home is fully updated – a must-see.

Click here for more photos and details.

3417 120A Avenue Northwest, Edmonton. Click for more photos and pricing

3417 120A Avenue Northwest, Edmonton, AB T5W 1M3. Click for more photos and pricing

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Canadian Real Estate Renovation Trends (2021)

Canadians invest in home renovations to improve quality of life, not to add value in current Canadian real estate market

Challenging Canadian housing market conditions put additional importance to home renovations since the start of COVID-19, both for those looking to stay and those selling

More than half of Canadians renovated their home in 2020 with the intention of living in it, with 29% renovating to enhance their lifestyle for non-essential reasons (aesthetic and/or recreational purposes) and 29% doing so for essential reasons (safety and maintenance)

Only 16% of Canadians said they renovated to increase the market value of their home in order to sell within in the next one to three years

A new report by RE/MAX Canada is shedding light on shifting consumer trends in home renovations and the perceived return on investment (ROI), as impacted by COVID-19 and historically tight conditions across the Canadian real estate market. The RE/MAX 2021 Renovation Investment Report found that more than half of Canadians renovated their home last year for personal or “non-ROI” purposes, with three in 10 (29 per cent) choosing to renovate for non-essential “lifestyle” reasons, such as recreation-inspired projects.

https://blog.remax.ca/canadian-real-estate-renovation-tren…/

Canadian Real Estate Renovation Trends (2021)

Canadians invest in home renovations to improve quality of life, not to add value in current Canadian real estate market Challenging Canadian housing market conditions put additional importance to home renovations since the start of COVID-19, both for those looking to stay and those selling More tha…

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Got a song you love on your Echo? Alexa users can now share it with friends

This is the perfect way to let someone know you’re thinking about them or remind a friend of an old favorite.

Got a song you love on your Echo? Alexa users can now share it with friends

How often are you listening to the radio when a song comes on and you think, “My best friend would love this?” Thanks to Alexa’s new music sharing feature, you don’t have to try to remember the name of the song. If you’re listening to music through Alexa and hear a song you know someone wo…

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Latest in Mortgage News: Rising Prices Spur Talk of Capital Gains Tax on Home Sales

The editorial readily admits it would be the country’s “most unpopular tax,” but suggests it’s a discussion worth having due to the enormous tax-free gains being made by today’s sellers.

Latest in Mortgage News: Rising Prices Spur Talk of Capital Gains Tax on Home Sales

The Department of Finance actually tracks the revenue the government is missing out on by not taxing home equity on principal residences: $7.1 billion this year alone.

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