by Peter Lirantzis | Jan 14, 2022 | Blog, Economy, Homeownership
It seems Canadian homebuyers are still struggling to catch a break. We know all too well that COVID-19 has significantly impacted Canada’s housing market. Low supply and high demand have led to exorbitant purchase prices, and new construction builds have been...
by Peter Lirantzis | Jan 7, 2022 | Blog, Economy, Homeownership, Mortgage
For its final announcement of the year – on December 8th, 2021 – the Bank of Canada (BoC) maintained its target overnight interest rate at 0.25% with the expectation that a rate hike would occur in the second or third quarter of 2022, possibly in time for the spring...
by Peter Lirantzis | Oct 1, 2021 | Blog, Economy, Homeownership, Mortgage
For most people, the pursuit of homeownership is a journey worth taking, but the requirements for making it to the finish line can prove difficult. This holds true during normal circumstances but, in the midst of a global pandemic, the process has become even more...
by Peter Lirantzis | Sep 3, 2021 | Blog, Economy, Mortgage
Building a new property from the ground up is an exciting challenge as you get to customize your home based on your family’s specific wants and needs. The building process as well as construction financing is much different than the typical homeownership journey, so...
by Peter Lirantzis | Aug 6, 2021 | Blog, Economy, Homeownership, Mortgage
There are many social and cultural factors that influence homebuying trends, but perhaps none more so than the period of time we were born. Connected by shared values, attitudes and behaviours, generational groups tend to make decisions based on their place in the...
by Peter Lirantzis | Jul 23, 2021 | Blog, Economy, Finance, Mortgage
When selling your home, it’s important to include real estate commission in your budget because it’s a significant fee in the selling process that will impact your overall profits. Realtors are well worth their commission as they help sellers get the right...
