Blog

My Partner and I Retired and Want to Downsize.

Posted on Feb 01, 2023


My Partner and I Retired and Want to Downsize.  Where Should We Begin?

Downsizing is a big decision. As you make the move from your current home to a smaller one that is more suitable for your lifestyle and needs, there are steps you can take to help make sure that you are content with your real estate transactions – selling your existing home and bu...

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2022 Market Stats Year in Review

Posted on Jan 16, 2023


2022 Market Stats Year in Review

Here you can find important stats for major markets in southern Ontario as of the end of 2022. I hope that this condensed information will help give you an "at a glance" picture of what's happening in our local markets. If you would like stats for a specific neighbourhood or type of home, please reach out and I would...

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5 Tips for Creating the Perfect Gallery Wall

Posted on Jan 09, 2023


5 Tips for Creating the Perfect Gallery Wall

Empty walls have their place in a home, and while a crisp, clean esthetic is always a classic choice, sometimes you just want to spruce up your space – or at least a portion of it. The much-loved gallery wall is one of the most tried and true DIY designer trends in the book to do just that!

There’s no one...

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What You Need to Know about the Prohibition on the Purchase of Residential Property by Non-Canadians

Posted on Dec 12, 2022

 
In the last federal election campaign, three of the main political parties made commitments related to limiting or heavily taxing foreign buyers wishing to purchase property in Canada. While commitments varied slightly, the policy intent was similar – to temporarily limit or disincentivize foreign buyers in order to prioritize domestic ones, and to...

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How Does a Cooling Market Affect You?

Posted on Nov 25, 2022


How does a cooling real estate market affect buyers and sellers?

A variety of factors — including higher interest rates, rising inflation and the climbing cost of living — have all played a role in cooling much of Ontario’s residential real estate market.

Financial institutions have recently reported that rising interest rates are driving up the stre...

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What is a Mortgage Stress Test?

Posted on Nov 16, 2022


What is a Mortgage Stress Test?

Everyone in Ontario applying for a residential mortgage has to pass what is known as a stress test. This is also the case for people who are refinancing their current home with a different lender, as well as those who are seeking a homeowner line of credit.

In a nutshell, a stress test is a method used by lenders to de...

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Get In Touch

Kirsten Pedersen

Royal LePage Meadowtowne Realty

Mobile: 905-691-7470

kirstenpedersen@royallepage.ca, kp@kphomesearch.com