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Gerry’s Blog

Rents Rising at the Highest Rate in 40 Years

Are rents in Canada spiralling out of control? While only a handful of cities across the country enjoy modest monthly rents, recent inflation data highlight that rents are growing at the fastest pace in four decades nationwide. According to Statistics Canada, the annual inflation rate rose 3.1 per cent in November, unchanged from the previous…

RE/MAX Is Named a Top Franchisor 40 Years Straight

RE/MAX is honoured yet again on the Entrepreneur Franchise 500 list, a prestigious ranking of the top franchisor brands across all industries. RE/MAX has hit a new milestone in advancing its longstanding reputation as a leading franchisor. Its streak of consecutive years on the prestigious Entrepreneur Franchise 500 list, a ranking of top franchisor brands across…

What does ‘AS IS’ property purchase mean in Real Estate?

Purchasing a home typically begins with making an offer, also referred to as the agreement of purchase. This document outlines the necessary conditions that must be met to finalize the deal. Common conditions typically include securing mortgage financing and sometimes undergoing a home inspection. The concept of purchasing a property “as is” indicates the seller’s…

Relisting at a Higher Price – Does It Work?

If, at first, you don’t succeed in selling your house, try and try again? For many residential property owners in today’s Canadian real estate market, it can be challenging to sell a home, whether because of the listing price or higher borrowing costs. In a more balanced housing sector, relisting can be more common to…

The Art of Compromise: Decorating a New Home as a Duo

You’ve just moved in with your significant other and couldn’t be more excited; however your new home isn’t exactly boasting the ideal look and feel you were hoping for. Decorating your new home can be a lot of fun. There’s no shortage of inspiration out there, and you likely already have an idea of the…

How to Use a Home Equity Loan to Buy a Second Home

Canada’s real estate market is currently seeing impressive growth, making it an excellent time to think about investing. If you’re eyeing a second property, maybe a rental space or a holiday home, using the equity in your current home is one option worth exploring. But understanding the terms, risks, and benefits is key to ensuring…

Why Lower Canadian Real Estate Prices Could Benefit Sellers this Spring

The Canadian real estate market is going through an adjustment period right now. After a couple of years of meteoric growth across the entire housing sector, conditions seem to be settling, the frenzy has come to an end, and Canadian housing markets from coast to coast are regaining equilibrium. According to the 2024 RE/MAX Canadian…

Are Halifax House Prices Dropping?

By now, many people observing the Canadian real estate market know how Halifax real estate and the broader Atlantic Canada housing sector have ballooned in the last few years, thanks to the pandemic-era policies and trends. From a population bomb to an improving economic landscape, Nova Scotia and its surrounding Maritime provinces have enjoyed incredible…

A Guide to Rent-to-Own Homes

While Canadian real estate market prices have cooled since the pandemic-era housing boom, they remain higher than before COVID-19. As a result of the current landscape, households are trying to find any option to achieve the dream of homeownership. One of these alternatives that is gaining momentum across the national market is rent-to-own. But what…

Life on the Beach: Discovering Wasaga Beach Homes for Sale

Wasaga Beach is a beautiful town located on the shores of Georgian Bay in Ontario. When you start looking for homes in Wasaga Beach, you will be drawn to its charm and the coastal lifestyle it represents. The calming sounds of the bay’s waves and the strong sense of community make Wasaga Beach not just…