Market Overview (Niagara Edition) - MAR 2022
MARKET OVERVIEW (NIAGARA EDITION)
New Records Set In February
In many ways the year 2022 has taken off like a rocket in real estate especially when it comes to prices. But there are some contradicting forces at work as well. One is the fact that while prices have been going up, number of units sold has been dropping. What does it mean?
LEGAL UPDATE
Is a Hot Tub a Chattel?
When deciding what items are included or excluded from the sale, one starts with the Agreement of Purchase and Sale. Then if the item is not specifically mentioned we try to determine ‘is it a chattel or a fixture?’ It isn’t always easy. There are grey areas.
MORTGAGE NEWS
Get Better Credit With The SC's
When starting out on your journey to home ownership, one of the very critical early steps is qualifying for and arranging a mortgage. And while there are a lot of factors to consider, the best options come when you have great credit. Know what the lenders are looking for and how you can influence them.
THE MONEY MACHINE
Raise The Rent
If you want to succeed as a Real Estate Investor you need to be in it for the long haul. It’s a retirement plan after all. And in order to have staying power there are specific steps you should take. One such step involves annual rent increases.
NUGGETS
A Tribute To Technology
A lot has changed in real estate over the past 40 years, and most of those changes have been driven by technology. Come for a walk down memory lane and see how we at RE/MAX Garden City Realty have adapted to all the change.