Found 2 blog entries tagged as bidding war.

Buying a home is an exciting milestone in life, but it can also be stressful, especially when you find yourself in a bidding war. When multiple buyers are vying for the same property, the price can quickly escalate, and it can be challenging to know how to proceed. However, with the right approach, you can increase your chances of winning the bid and securing your dream home. Here are some tips to help you come out on top in a bidding war.

Set a Realistic Budget

Before you start shopping for a home, it's essential to have a clear idea of your budget. Determine how much you can afford to spend and stick to it. This will help you avoid getting caught up in the heat of the moment and bidding beyond your means.

Get Pre-Approved for a…

385 Views, 0 Comments

Read Full Post

Toronto Canadian housing market

Has the pendulum in the Canadian housing market tilted toward homebuyers? This is the current debate unfolding among market analysts, real estate agents, homebuyers and sellers.

The research arm of Goldman Sachs recently dropped a bombshell of a forecast: Canadian real estate will witness the sharpest drop in the global economic downturn.

“The pandemic-induced housing boom appears to be cooling off,” the Wall Street titan wrote. “From Toronto to Auckland, a slowdown in the housing market is underway as interest rates in developed economies are set to climb rapidly.”

Indeed, it is a reasonable conversation to have after seeing some of the latest numbers being reported in the Canadian housing market, as the central…

321 Views, 0 Comments

Read Full Post