In the ever-evolving realm of real estate, staying abreast of legislative changes is essential for both buyers and sellers. A notable shift has occurred recently with the transition from the Real Estate and Business Brokers Act (REBBA) to the Trust in Real Estate Services Act (TRESA). This post aims ... » Learn More about TRESA’s Impact on Markham’s Real Estate Landscape
Markham Real Estate Blog
Higher Borrowing Costs and Uncertainty Having an Impact on the Housing Market
In November 2023, the housing market in Markham and the surrounding GTA faced challenges due to high borrowing costs and economic uncertainties, impacting home sales. Compared to the previous year, sales decreased while listings saw an increase from a low supply point. Consequently, selling prices ... » Learn More about Higher Borrowing Costs and Uncertainty Having an Impact on the Housing Market
House Types In Greater Toronto Area: A Brief Overview
The Greater Toronto area is characterized by having great cultural diversity. It is also full of different house designs from the central core to the outskirts of town. The home architecture you find in these areas is beautiful, classy, and elegant. They can also be dependent on the neighborhood. ... » Learn More about House Types In Greater Toronto Area: A Brief Overview
Understanding Closing Costs Of Your First Greater Toronto Area Home
Buying a house can be a lot more complicated than any other purchase. Unlike most purchases, buyers may not pay the actual costs for the house upfront. They can decide to put the house on mortgage and pay monthly. Interestingly, the actual cost of the house may not be the only cost ... » Learn More about Understanding Closing Costs Of Your First Greater Toronto Area Home
Key Points to Inspect on a Home
Inspecting the exterior before buying a home is necessary to make sure one’s potential living space and investment are in good shape. This also is integral in verifying that the proposed price for a property is fair and based on transparency. Usually, with a professional's assistance, the potential ... » Learn More about Key Points to Inspect on a Home