Real Estate News

Happy NovemBRRRR! The weather has gotten chilly but the real estate market sure hasn’t!  We have all your up to date news for Windsor Essex Real Estate and more so make sure to keep reading below!  'Canadians can breathe a sigh of relief': Bank of Canada governor on interest rate cut   Real Estate 101 WECAR™ Residential Housing Market Update includes comparisons on number of sales, avg. sales price & market activity.   The Benefits of Using a REALTOR® When Looking to Rent Another half-point rate cut from the Bank of Canada on the horizon: RBC Economics Staging Tips for Selling During the Holidays City of Windsor Online By-Laws For general information on by-laws or to report a violation, contact 311. If you would like to read a particular City by-law that is not included in this selection, please contact Council Services by phone at (519) 255-6100 ext. 6285 or at clerks@citywindsor.ca by email. Click here for a link to the City of Windsor Portal & all zoning by-laws…

The latest data from RBC Economics suggests that, following October’s half-point rate cut, a second consecutive 50-basis-points reduction from the Bank of Canada is likely to land in December. The Big Five bank anticipates that further easing could gradually revive homebuyer activity across the country, as seen with a modest 1.9 per cent rise in sales from August to September. “We think interest rate cuts will open the door to a growing number of buyers who’ve been sitting on the sidelines for some time,” Robert Hogue writes in RBC’s Monthly Housing Market Update, highlighting the prospect of affordability improvements for potential homebuyers. September marked the second consecutive month of growth in sales, and RBC economists believe the trend could gather momentum as the central bank eases monetary conditions further, particularly as cuts are expected to deepen. “Our view is that sales will continue to pick up as the Bank of Canada cuts rates further,” notes…

Going alone to find a property to rent can feel just as daunting as buying a home without professionals to help. According to the Canada Mortgage and Housing Corporation (CMHC), properties for lease are currently in high demand, making the rental market increasingly competitive. From their expertise of the market to overall negotiation skills, having a REALTOR® in your corner can make all the difference when it comes to loving your next home.   Renters working with a REALTOR® are entitled to professional guidance, expert advice, and assistance throughout the rental process. They’ll also benefit from having a property expert by their side throughout the process. There’s no cost to have a REALTOR® on your side [as a renter] but the benefits are substantial.  Expert knowledge and guidance Did you know renters are given the same benefits and protections as buyers and sellers when they work with a REALTOR®? REALTORS® have knowledge about the local rental market, including…

Brrr. Looks like the cold weather has arrived in Ontario communities. But when should you turn on your heat? “Room temperature is really a matter of personal comfort and can vary with the season, the way that a home is heated and its spaces are used, as well as a person’s personal comfort preferences,” said Save on Energy, an organization that raises awareness about ways to reduce energy waste. “It is generally considered to be in the range of 20 to 25 C.” Ways to save According to Alectra Utilities spokesperson Ashley Trgachef, the ideal indoor temperature for energy saving is around 20 to 21 C when you are home, and 18 C when you are away or sleeping. “Approximately 60 per cent of the energy consumed by an average home is used for heating and cooling,” Trgachef said. “We recommend using programmable thermostats to maintain comfortable temperatures — lowering the temperature a degree or two can help you save on energy costs.” It's unknown how cold this winter…

Whether you’re grappling with how to enhance the visual appeal of your listings or seeking innovative strategies to captivate your target audience, you’ve come to the right place. This is your opportunity to pose any and all staging-related questions and receive expert advice, for free. One of the key challenges sellers may face when selling their homes is ensuring the property remains show-ready at all times. While staging is an excellent way to present the home in its best light and attract buyers, it can be difficult for sellers to live in a staged home, especially when balancing busy lives. But don’t worry — there are plenty of strategies to help sellers keep their homes ready for showings while minimizing stress and maintaining comfort. Here, we’ll explore tips for sellers on how to live comfortably in a staged home, keep the property show-ready and avoid potential pitfalls. With your expert guidance, your clients can increase their chances of selling quickly and for top…

Fall has officially begun and the season of thanks is just around the corner!  What a better time to Fall in love with a new home than now. The Windsor Essex Real Estate Market is always changing and our agents are here to keep you in the loop. Keep reading below for all the hottest real estate news! ? Canadians won’t need a 20% down payment to buy a home worth more than $1M after the government raises the insured mortgage cap Real Estate 101 Get Your Home Ready to Sell in Fall 2024 12 Ways to Prep Your Home for Fall Your Complete House Hunting Checklist to Find Your Dream Home WECAR™ Residential Housing Market Update includes comparisons on number of sales, avg. sales price & market activity. City of Windsor Online By-Laws For general information on by-laws or to report a violation, contact 311. If you would like to read a particular City by-law that is not included in this selection, please contact Council Services by phone at (519) 255-6100 ext. 6285 or at clerks@citywindsor.ca by…