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From the Blog

Canadian First Time Home Buyers Increase their Budgets

According to a Bank of Montreal Study the average first time home buyers have increased their budget to $316,000.00 This is up almost 6% from an average of $300,000 in last year's report on first time home buyers.   What is even more interesting is that buyers in Vancouver, Calgary and Toronto real estate have even higher budgets for their first homes.   The numbers from the online interviews conducted by BMO from January 25 - March 6, 2014:  Approximately 30%  of … [Read More...]

Challenges of Selling a Stigmatized Property – Buyer Beware Calgary murder home’s MLS listing

What is a stigmatized property? A stigmatized property is a place that buyers or tenants may shun for example because it was the location of a crime, or a property which may be haunted. Currently, only Quebec is the only place in Canada where disclosure laws oblige a seller to reveal a past murder.  In the United States most states require sellers to disclose a suicide or murder that occurred on the property within the past three years.  Selling a Stigmatized … [Read More...]

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