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How Much Is My Home Worth In This Economy? -Is It Worth It To List?
Brought on by Bank of Canada rate hikes and rising Canadian mortgage rates, Ontario’s housing market has seen its average home price decreased by 20% over the past year to about $798,835 in January 2023. That’s the largest year-over-year drop of any Canadian province! What is worse is that it is not a one-time only increase. These averages for homes ...
High Mortgage Rates in Ontario: Is Now The Time To Sell?
Mortgage brokers say 2023 could be an ugly year for some homeowners, who have become mired in the monetary vice grip of rapidly rising interest rates and continually falling home prices. It follows years of frenetic activity in a red-hot real estate market that saw the price of an average London home peak in February 2022 at $810,000. Prices have ...
Things to Know Before Selling Your House for Cash
Selling your house for cash can be a quick and convenient option for homeowners looking to streamline the selling process. However, it's crucial to approach this transaction with caution and a thorough understanding of the process. In this comprehensive guide, Honest Home Buyers provides valuable insights to help you make an informed decision before selling your house for cash. Read ...
Should I Sell My House And Rent in Ontario? – We Can Help You Decide
For many people, the question of: “Should I sell my house and rent in Ontario?” pops up once or twice. It can seem like a lot of work filled with a never-ending list of expenses. It might even be more overwhelming if the property needs major repairs or updating. However, it doesn’t have to be that way! When deciding to ...
How To Avoid Running Into Mortgage Paying Trouble for Ontario Homeowners
You may think it’s only the tenant who has a hard time paying the mortgage, but as a real estate investor or landlord, there may be times when it’s hard to pay the mortgage on your end as well. Here are some things you can do to avoid facing difficulty in paying your mortgage each month. Keep your properties full. While it ...
