Summer has officially ended and Autumn is almost here, it is the perfect time to FALL in love with a new home. The Windsor Essex Real Estate Market is always changing and our agents are here to keep you in the loop. Keep reading below for all the hottest real estate news! Real Estate 101 Getting Your Household Into Back-to-School Mode Smart ways to use your home equity for remodeling Your Complete House Hunting Checklist to Find Your Dream Home WECAR™ Residential Housing Market Update includes comparisons on number of sales, avg. sales price & market activity Interest rates keep falling! For the third time in a row, the Bank of Canada has cut its key interest rate—a move that’s sure to make some home buyers happy. Here are ways our REALTOR® are there for you: https://www.buckinghamrealty.ca/article-news-4/bank-of-canada-cuts-interest-rate-again City of Windsor Online By-Laws For general information on by-laws or to report a violation, contact 311. If you would like…
3 Interest Rate Cuts in a Row! How Your REALTOR® Is There to Help Three interest rate announcements, three cuts in a row. The Bank of Canada has once again announced it is cutting the key interest rate to 4.25%—news Canadian home buyers and owners will certainly welcome. Canada’s central bank made the announcement Wednesday, Sept. 4, stating its key interest rate would decrease 25 basis points—making it the third time since June the Bank has made such a move. Shaun Cathcart, Senior Economist with the Canadian Real Estate Association (CREA), said experts are now expecting rate cuts at every remaining Bank of Canada decision this year, with momentum carrying into next year. “Combine that with a record amount of demand waiting in the wings, and the forecast for a rekindling of Canadian housing activity going into 2025 has just gone from a layup to a slam dunk,” Cathcart said in CREA’s Housing Market Report. Are you prepared for what may happen next? Do you know all the ins and…
The Summer might be coming to a close but the Real Estate Market is still HOT! Whether you’re buying, selling or looking for advice, we’ve got the experience and knowledge to help you with all things Windsor Essex Real Estate! Keep reading below for tips, tricks and great resources! Real Estate 101 What Do Home and Tenant Insurance Cover? 5 Things to Do Before Applying for a Mortgage These are the lowest national mortgage rates in Canada right now WECAR™ Residential Housing Market Update includes comparisons on number of sales, avg. sales price & market activity Liberal plan for 30-year mortgage amortizations kicks in. Here’s who qualifies Some Canadians looking to break into the housing market are now able to get 30-year mortgages, a bid from the Liberal government to make owning a home feel more affordable. Experts who spoke to Global News say that while some homebuyers are likely to see their borrowing power increase because of the new regime, the overall impact on housing affordability…