What Attracts First-Time Buyers to a Neighbourhood? Transit!
Homes are our safe haven, and so it should come as no surprise that safety is the top factor when home buyers, first-timers or otherwise, use this as their key deciding factor in where to buy. In fact, 62 per cent of first-time buyers consider safety to be the most important factor when deciding on where…
Read moreCommon Sense Moving Tips
When it comes time to move, especially if it’s a big move or you’re on a very tight moving schedule, it can be tempting to just run around your home cramming everything you own into any box you can find. However, taking the time to do a bit of planning now will save you a…
Read moreBMO Survey about what Buyer’s are Spending not Realistic, says Brokers
When we brought BMO’s first-time home buyers survey to you last week, we asked you at the time if you thought it was realistic. The survey painted a picture of the average first time buyer in Canada: aged 29, looking for a $300,000 home, and coming to the deal with a $48,000 down payment. But…
Read moreThe 3 Biggest Mistakes First-Time Home Buyers Make
Just yesterday we talked about the biggest mistakes anyone can make when buying an older home, such as not making sure that certain systems are up to code and in proper working order. But first-time home buyers are a group that are especially prone to making some other pretty common mistakes on any home they…
Read moreWomen First when it Comes to First-Time Homebuying
Who’s going to be next in line to purchase their first home in Canada? According to the latest RBC Homeownership Poll, it’s probably going to be a woman. The survey showed that of all Canadians that are thinking about buying their first home within the next two years, women top the results with 49% saying…
Read moreCMHC Reports Stablizing Home Mortgage and Housing Markets into 2011
A new CMHC report shows Canadian home mortgage and housing markets stabilizing, with modest increases in housing prices, as we move into 2011.
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