Real Estate Insider: Special COVID-19 Report

Interest rates can’t get much lower before they hit zero, but are they poised to go into the negatives? As this pandemic timeline increases, so does the possibility of Canada’s government interest rates to go below zero for the first time in history! Read here about the possibility of negative interest rates and how it could affect other areas of the Canadian economy!

With the stock market in a free-fall, how does it affect real estate prices? This financial samurai has already lived through 3 “Bear” markets and takes a deep look at the numbers to find a correlation between the size of the stock market correction and real estate prices. Read here if you think now is the time to get into real estate!

Canada’s largest banks act quickly to cut prime lending rates, but will these savings be passed down to the average consumer? Read here and give us your thoughts!

EI AND EI SICKNESS BENEFITS 101: This article explains everything you need to know to get started with EI, including how to apply, the ins and outs, and who qualifies!

Mortgage relief amidst the Coronavirus - Big 6 banks all doing their part to help with the economic impact of this pandemic. They are mostly on a case by case basis, so read here how your bank is handling this (so far) and see what relief you qualify for!

This article provides 5 ways to potentially benefit from the slashing of interest rates!

Quarantine has had an affect on almost every aspect of peoples lives, including searching for homes! May not come as a surprise that during this pandemic, it seems Canadians have lost interest in buying homes! Read some of the statistics here.

Flippers beware, you might be in for a scare! With real estate flips being at the peak of popularity during the beginning of the year, many investors may find themselves with a beautifully renovated property, and no-one to show it to! So much uncertainty has evolved over the past few weeks, and re-sellers may find it difficult to get top dollar for their short term property flips. Read here this blogger’s thoughts on re-sale homes moving forward.

Read here some first hand stories from frustrated homeowners looking to take advantage of the mortgage deferral program, only to find out the banks are just as unsure as they are!

Would you be willing to risk your health to reduce the financial impact of this Virus? Read here about real life examples of people who aren’t financially able to last during this shutdown for more than a few weeks, and let us know where you stand!

Must watch! Real Estate lawyer gives tips on how to protect your real estate deals during COVID-19.

Read here different testimonials from Realtors all over Canada on how COVID-19 has affected their market!

Real Estate Insider: March 2020 News Report

Whether it's Ballin or Renovating, most people doing it are on a budget! This article talks about looking “below the surface” and can give you some awesome tips on choosing tile and counter tops when renovating to give you the most bang for your buck!

Did you know the first metre or two of your property frontage is a city owned right of way? This means they do not need your permission to install and service many items. Read here this person’s experience of a surprise sign being erected on their lawn, how it could affect your property value, and how you can fight it!

If you’re hiring a renovation company to do some work in your home, you need to make sure you know what contracts and insurance to have in place before they break out the sledge hammer! Lucky for you, this article does exactly that!

Would a 10 year fixed rate mortgage term make you more comfortable when taking out a loan? It would certainly get rid of the fears of rapidly rising interest rates every 5 years. This seems to be a possibility in the near future for Canadians, but one of the main things keeping this from happening sooner is lack of demand! Read here the benefits of longer term fitted rate mortgages and how it could help people currently excluded from the market buy in.

You know the old saying, “If you don’t have anything nice to say about a company, the company will get their employees to make up positive reviews for you.” Or something like that, right? Purplebricks Canada is under investigation after incentivizing their employees with paid vacation days to write fake reviews about the company. Would this lose your trust as a customer? Let us know! Read more here.

With mortgage rates at an all time low, is it time to pay off your mortgage early? Read here the benefits and costs that are associated with this strategy, as interest rates continue to fall!

The best teacher is experience! Read here this couples re-cap of their first year with a Mini-Split Heat pump, and how much money they actually saved!

Do you own, or have used an Airbnb in the past year? If so, look out for the increase in regulations across Canada and make sure you’re prepared! Read here the first few cities to see the tightened regulations, and who’s next!

If you are a commercial Tenant, make sure you read this article differentiating between a “sublease” and a “lease assignment” so you don’t accidentally lose your rights as a Tenant!