David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
We’re currently experiencing a heavily skewed seller’s market, which means there’s a shortage of listings and more potential buyers than homes.
In Waterloo Region, those with imminent housing needs may find that a “socially distanced” marketplace can be a good thing.
Of the homes being sold right now, a larger proportion are in the affordable ranges, primarily because of who is moving.
If you’re not currently active in the real estate market and keeping up with prices on a day-to-day basis, it’s understandable that the cost of the house may seem inflated compared to what you paid for your own.
Dear David, We’re building a retirement bungalow in our hometown. It’s 1600 square feet with a finished basement, so we’ll have lots of room. I want my 79-year-old dad to move in with us, but he lives completely independently and seems reluctant. – DOTING DAUGHTER DEAR DAUGHTER: The opportunity to build a “made to measure”
Dear David, What’s the difference between a “land lease” and a “life lease”? – LEASED OF MY WORRIES DEAR LEASED: In a typical freehold home purchase, you’re buying a house and the land it sits on. In a “land lease” or “life lease”, the land belongs to someone else. In a land lease, you own