Everyone felt it at the start of the year—conditions leveling, the market yin and yanging. About half of Power Brokers sensed it, too—that the current cycle’s ending, and a different dynamic’s emerging.
Now, with two months left in 2019, the consensus is similar…but certain factors remain unclear.
“The housing market is in the midst of a normalization period, one that is characterized by slowing price growth, moderate sales and new supply that is slow to market,” according to Ralph McLaughlin, deputy chief economist and executive of Research and Insights at CoreLogic,...
During the colder months, many families throughout the country rely on space heaters to help heat their homes. However, if not used properly, the devices could pose a serious fire risk.
According to the U.S. Consumer Product Safety Committee (CPSC), portable electric heaters are involved in about 1,100 fires per year, resulting in about 50 deaths, dozens of injuries and millions of dollars in property loss. Taking this one step further, the National Fire Protection Agency notes that 32 percent of home heating fires involve space heaters, resulting in about 80 percent of home heating fire deaths in the U.S.
To help keep your family safe, warm and cozy, the CPSC offers the following tips for using a space heater:
Property line disputes between neighbors are common. Sometimes the issue boils down to a simple misunderstanding or mistake and can easily be resolved, but in other instances, homeowners need to get government officials and even attorneys involved.
If you believe that your neighbor’s fence, tree or other structure is encroaching on your property, check official records before you raise the issue with your neighbor. It’s possible that descriptions of the property line on your and your neighbor’s deeds are inconsistent or that a previous owner of your property deeded the piece of land to your neighbor or granted an easement. You might not have found out about it when you bought the house if you didn’t conduct a title search.
Staging a children’s room in a luxury home can seem like an oxy-moron. After all, kids are supposed to be messy and whimsical, both things that don’t usually appear in descriptions for luxury homes! Knowing how to show off both the function and features of all bedrooms, however, definitely gives your home an edge with Canadian luxury buyers. Try these tricks for showing off your children’s bedrooms in the best light:
Add a whimsical canopy in a luxurious fabric. Make buyers see just how charming their children’s next bedroom could be by suspending a simple draping canopy over the bed. Try silk or gauze for an airy and sophisticated feel.
Add some extraordinary toys. A life-sized stuffed jungle animal or a mini ball pit lets...
Hoping to renovate or remodel a space yourself? While certain jobs should be left to the pros, there are a few you can tackle yourself, regardless of your level of experience.
Painting: This is the easiest and most obvious quick fix, but it can make a huge difference in the overall look and feel of your space.
Molding or Wainscoting: If you like the look of wainscoting on walls, you will be pleased to know you can do it yourself. You will need even, flat walls, wainscoting paneling, baseboard and rail if necessary, and glue or nails.
Medicine Cabinet: Have an hour, a stud finder and a drill? You can hang a medicine cabinet as you would a painting, so long as you choose a cabinet that can mount directly to the...
Heating (and cooling) your home can be one of the priciest expenses in homeownership. But if you know what to invest in, your home can retain all the heat and cool air you need to get through the coldest winters and the most humid summers. A home that is heat efficient may also sell faster, giving you a high ROI, so take the time to make these improvements now, before you’re ready to sell.
Cavity Wall Insulation
If your property was built between 1920 and 1980, there’s a high chance it was built with cavity walls, as that was seen as the best way to trap heat at the time. Nowadays, we have insulation to fill that cavity and trap heat even more. It’s worth investing in this insulation, as it could save you hundreds off the yearly heating bill—a big appeal to potential buyers.
For many luxury homeowners, having ample space to display their art collection is as important a feature as a state-of-the-art kitchen or spa-like bathrooms. Significant works of art require being exhibited in a way that does them justice—and it’s not just about high ceilings and expansive walls.
Whether you’re getting ready to mount your latest acquisition or you’re a serious collector looking for a new home that has a dedicated wing to serve as a gallery, here’s what you need to know about displaying your art at home:
Assess the Space
Consider how your wall space relates to your collection. Do you have large paintings that can hang by themselves or will you arrange several smaller works close together? If you’re going with the latter, try to group pieces that are...
Earnest money is a sum that’s offered to show a party selling a house that a buyer is serious about proceeding with a purchase. It indicates that a buyer is genuinely interested and has the financial means to close the deal. An earnest money deposit can help one buyer stand out when compared to others and can help a buyer persuade a seller to make concessions in negotiations.
How Much Earnest Money Should a Buyer Offer?
The amount a buyer should offer as earnest money depends on the area and the price of the house. In a competitive market, a fairly large earnest money deposit is necessary to have a seller take an offer seriously. A real estate agent can offer a client specific guidance in that area.
How Is Earnest Money Handled?...
Thanks to television, house flipping has swept the nation and inspired thousands of people to start investing in real estate. While this can be a quick way to make a lot of money, there are many hidden expenses and oversights beginner house flippers often miss. As a result, many people wind up spending far more than they bargained for when they decided to flip a property.
Thinking about getting into the business? Here are five expenses you’ll want to plan for before renovations begin:
Most house flippers are working with a hard budget, so it’s important to know exactly how much you’ll have to pay for a property. Closing costs are typically 2 – 5 percent of the purchase price, so if you bought a fixer-upper for $90,000, you can expect to pay an additional...
Buying a home? You’ll have to juggle various expenses. Don’t forget about these costs.
Fees for Oversized or Delicate Items
Any bulky or hard to move items? A moving company might charge you an extra fee. Think a piano or something that needs assembling.
Changing your mailing address can be easy to forget. Canada Post will do it for you for a small fee. This service only lasts six or seven months.
Land Transfer Tax
In Canada, this fee is added onto the transaction. Once the property title officially passes, you’ll see the charge.
Moving can be costly. Being prepared can help ease the burden.