Pent-up demand fuels market in London
Posted on Oct 29, 2020 in Real estate market
Everybody knows that “location” is king when it comes to real estate, but an interesting story on CBC this week illustrates how pent-up demand is affecting one Ontario city — London.
The housing market is so hot for homes selling at the $500,000 level that buyers are offering far over asking price and writing feel-good letters to the sellers in the...
Heated patios assets for pandemic safety
Posted on Oct 19, 2020 in Buying a house
It’s entirely possible there’s going to be a rush on outdoor heating devices, now that the second wave of COVID-19 is either pending or a reality, because everybody needs to be outside as much as possible for safety reasons, especially if entertaining friends or family.It’’s also possible that having a comfortable space in which to place said heati...
Today’s Nexus Blog: category rare, townhome rare
Posted on Sep 28, 2020 in Property purchases
Rare is good. Whether it’s finding a rare gem, seeing a rare bird or visiting a rare site, it’s always special.
Like townhomes in West Vancouver are.
There aren’t many, period, which means there aren’t many available to buy. If you’re interested in a West Vancouver townhome, or know somebody who is, keep reading.
How unusual is it to find a townhome i...
Thermostats: the key to saving money
Posted on Aug 26, 2020 in Home improvements
In an age when virtual “people” like Alexa and Siri and ?? are taking care of some of the more mundane chores in life, it should come as no surprise that you can control the temperature of your residence remotely.
That’s one of the energy-saving tools that helps homeowners save nickels, if not dollars, while saving the world from using energy unnece...
Interest rates lowering bar for Stress Test?
Posted on Aug 13, 2020 in Mortgages
The “stress test” is back in the news. This time, it’s positive news, at least relative to its last few news releases.
This time, it means mortgages will be slightly easier to qualify for and that means borrowers will be able to spend slightly more on a house and still qualify for the mortgage.
A story on cbc.ca details how — in theory — the most rec...
When is home ownership for singles?
Posted on Aug 10, 2020 in Buying a house
You’re single. You’re thinking about buying a home. You’re uncertain, because it’s something you’ve never done. And because you’re single, any conversation about whether it’s a wise move starts like this:
“Self, what do you think?”
Here’s a couple of things you might like to inject in that one-way conversation:
One, you need to check off all the boxes...