August 29th was a wonderful day! A mix of sun and cloud with no rain in sight. Temperatures in the mid 70’s for those of you, who like me, still think in Fahrenheit. Warm enough to be outside in shirtsleeves even on into the evening. You just never know when you get into the last week of August. Can be unseasonably warm and sunny, but it can also, on occasion, have a real chill in the air. Especially into the evening. We lucked out!

Looking to buy your first home? Thinking about making a move? Whatever your goals, when it comes to getting a mortgage, there are a few things you can do in advance to make the mortgage process easier!

In the last two or three issues of these Money Machine articles, we’ve taken a look at the growing problem between landlords and tenants especially when evictions, either ‘fault’ or ‘no-fault’ come into play. We’ve seen why economically tenants feel they are in the driver seat and why the Landlord and Tenant Board in many ways contributes to the problem. And while we outlined what needs to be done to remedy the problem, until changes are made, landlords need to be doubly sure that they don’t make a mistake that could have been avoided during the tenant selection process.

This month marks the 2 ½ year mark since the robust real estate market of the covid era came to a halt, and what I’m going to call a real estate recession began. First with a steady erosion of prices over the balance of 2022 and a pretty rocky road since. This month also marks the third consecutive month where we have seen a 1/4 point cut in interest rates compliments of the Bank of Canada. So where does that leave us at this point?

Purchasing a new build home is an exciting opportunity that comes with unique responsibilities for home buyers. This is particularly true when it comes to understanding the warranties and protections for your home. In this two-part article, we will review how the Ontario New Home Warranties Plan Act (the “Warranties Act”) provides warranty coverage for you and your new home.

It’s been a long-standing tradition here at RE/MAX Garden City Realty Inc. spanning several decades. Our annual ‘Hackers’ golf tournament. And as the name suggests it’s not really a serious golf tournament. It’s meant to embrace all kinds of talent and experience, incorporating golfers who are ‘scratch’ caliber all the way to people who have never held a club in their hands. And believe me, we get people from both ends of the spectrum and everything in between. But it’s designed to be a social event where our agents and friends can just go out and have some fun. And it very much accomplishes that.