CRUSH Real Estate Tips

2021 RE/MAX Recreational Property Report

Cabin & Cottage Trends Across Canada (2021).

Canadians opt for more affordability and new lifestyle, flocking to recreational property market 57 per cent of markets offer properties below $500K, according to RE/MAX brokers and agents Average sale price anticipated to rise up to 30% in some recreational property markets, according to RE/MAX brokers and agents. 44 per cent of recreational property buyers are budgeting $200,000-$500,000...

Crush Real Estate Penticton

Canadian Real Estate Industry at a Critical Crossroads.

Stakes in Canadian real estate have never been higher. Industry professionalism needed to restore buyer and seller confidence.   Particularly for buyers engaged in the Canadian real estate market, the transaction is filled with mounting complexities and undeniable frustrations – most specifically, the lack of transparency in under-market-value listing strategies within an already expensive...

crush real estate penticton

Canadian Real Estate Renovation Trends (2021).

Canadians invest in home renovations to improve quality of life, not to add value in current Canadian real estate market Challenging Canadian housing market conditions put additional importance to home renovations since the start of COVID-19, both for those looking to stay and those sellingMore than half of Canadians renovated their home in 2020 with the intention of living in it, with 29% renovating...

Crush Real Estate Penticton

Sky-rocketing lumber prices shock renovators: ‘It’s ridiculous’.

As construction season kicks off, those looking to renovate this spring and summer might be stunned by the price of lumber. “It was a big shock to find out it was going to be that much more this year,” Andra McLachlan said. She’s on her second year of home and backyard renovations and is kicking herself for not completing everything sooner. “I really wish we had done the privacy fence...

spring cleaning

Spring Clean Your Closet.

If you have seen the movie Confessions of a Shopaholic then you know that if you like to shop then you have to clear up your closet space with items you don't use. Otherwise, they're going to start falling on you! LOL Here are some ways you can clear out your precious closet space so you can make room for new wardrobe items. 1. Is there anything you haven't worn in the last 6 months to a...

Canadian Real Estate Prices May Ease in 2021.

Canadian real estate continues to make headlines for its strength and resilience in the face of COVID-19, and increasingly for the obstacles preventing homebuyers from entering or moving up in the market. A question on everyone’s lips right now is, how long can this current rate of price growth continue? In the face of record-low housing inventory and rising demand across the country, it seems there’s...

crush real estate penticton

RE/MAX IS A ‘FASTEST-GROWING FRANCHISE’ FOR EIGHTH STRAIGHT YEAR.

Entrepreneur magazine recognizes the global real estate franchisor for its continued growth. Already named a top franchisor in 2021, RE/MAX is now also recognized as a fastest-growing franchise – for the eighth straight year! The March issue of Entrepreneur magazine ranked RE/MAX on its widely respected 2021 Fastest-Growing Franchises list. This is the 20th time RE/MAX has made the...

Crush Real Estate Penticton

‘SHOULD I REMODEL MY HOME BEFORE LISTING?’ ANSWERS TO TOP REAL ESTATE QUESTIONS!

How to make a home stand out in the market and possibly get top dollar at closing. Few can resist a classic makeover story – and home transformations are no exception. TV networks have built empires making it seem that anyone can take an outdated, ’70s bungalow and turn it into a dream urban escape – doubling the home’s value in just 30 minutes. But how easy is it, really, to make a profit...

crush real estate penticton

Top Canadian Real Estate News Stories of 2020.

Canadian real estate surprised everyone in 2020. While the markets closed the year with red-hot, record-breaking activity, the year brought much uncertainty, financial upheaval, renewed forecasts of a bursting housing bubble, and other news that will likely continue to impact market activity in 2021. With the first week of the new year behind us, here’s a look back at 2020’s top Canadian housing...

Crush Real Estate Penticton

Bank of Canada Still Expects No Rate Increases Until 2023.

The Bank of Canada, this morning, released its January Monetary Policy Report (MPR), showing they expect to keep overnight interest rates at its "effective lower bound" of 0.25% until 2023 (see chart below). To reinforce this commitment and keep interest rates low across the yield curve, the Bank will continue its Quantitative Easing (QE) program--buying $4 billion of Government of Canada bonds every week...

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