For the 12th straight year, RE/MAX ranks as the No. 1 real estate franchise brand in the annual Franchise Times Top 200 list, based on global sales. The honor reinforces the enduring quality behind the RE/MAX brand name. Coming in at No. 16, RE/MAX joins household names such as McDonald’s, 7-Eleven and Taco Bell at the top of the widely respected list. “This recognition reflects...
Delayed by pandemic-related lockdowns, summer's peak homebuying season pushed into fall. In fact, according to the RE/MAX National Housing Report for September, closings rose 21.1% from a year ago and on average, homes sold in a mere 39 days. Meanwhile, the inventory of homes for sale plummeted to an all-time low in September 2020. Sinking below the previous report low set in August 2020,...
The phrase “new normal” is being applied to anything and everything right now, including to define what daily life in 2020 looks like amid COVID-19. From wearing face masks in public to socializing from six feet away, society is adapting to the rather unusual circumstances. And like with all industries, there’s also a new normal when it comes to real estate. What can homebuyers and sellers...
Treat Accessibly joins forces with RE/MAX and Home Depot Canada for third year, to encourage Canadians to adopt accessible and safe trick-or-treating practices Recent survey says close to 80 per cent of parents with kids ages three to nine years are seeking a safer trick-or-treating option this HalloweenIn a COVID-19 recovery-focused Canada, the accessible trick-or-treating movement...
The strength of the Canadian real estate market has continued to prove itself time and time again during the pandemic. While we’re not out of the woods yet, we are expecting continued growth for the duration of 2020, with an active market for the foreseeable future and balanced conditions at the national level into 2021. This is great news for Canadians. So why all the fear mongering by the...
The First Time Home Buyers' Program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home. If you qualify for the program, you may be eligible for either a full or partial exemption from the tax. If one or more of the purchasers don’t qualify, only the percentage of interest that the first time home buyer(s) have in the property is...
Make no mistake about it: when you’re selling your house, potential buyers want to see everything. That means no area of your home (not even your utility closet) is safe from the gaze of a serious house hunter. That’s why it’s crucial to maximize every square inch of your place—backyard shed included—by minimizing your overall clutter. Before you can successfully show off your house to anyone...
Square footage determines how big a home is, but painting, furnishings and decorating can affect how big a home feels. Looking to make a small space feel bigger? A few simple cosmetic changes can help. Consider these four ways to make any small space in your home appear more, well, spacious. 1. Incorporate mirrors Create the illusion of expansive walls with the addition of a mirror. This...
Buying a home is a big investment and a huge commitment, but most homeowners will attest that the pay-off is worth the pains and strains of making those regular mortgage payments. Most people focus on their mortgage interest rate as a way of saving money (or at least, ensuring more of it goes toward your principal), but there are other ways to decrease the amount paid in interest. One way is to pay your...
Canadian real estate has been a tough nut to crack for some homebuyers, and those with less than 20 per cent as a down payment now face another challenge, with Canada Mortgage and Housing Corp.’s (CMHC) tighter qualification rules for borrowers of high-ratio mortgages. This move is in response to the global pandemic that has left many Canadians vulnerable. The changes, which include lower debt...
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