The current real estate market could be described as a “Buyer’s Market”, due in large part to high-interest rates and inflation tempering home prices considerably from the 2021 peak.



However, purchasing a home is no easy endeavor and will be the most significant investment a buyer will ever make in their life. The main factors for buyers that will NEVER change will be Affordability, Where, and How to make the dream a reality.  


The right time to buy a home depends on the right time for the buyer. Sue Heddle Homes is here to help buyers find the best route to achieve home ownership, whether it is for the first time or for the 7th! Let Sue be your guide through the home-buying process. 

Home Buying Q&A


Question: Is there a right/wrong time to buy a property?

Answer:Yes and No! It all depends on personal milestones.


Some buyers are sick of renting and want to build home equity vs giving it to a landlord, others have saved until they have an appropriate...

Read full post

As part of the 2022 federal budget, the Canadian government wants to provide initiatives designed to make homeownership more affordable. One way they plan to accomplish this is with the new First Home Savings Account (FHSA).


Aimed at first time home buyers, this new program will give prospective homeowners some tax relief as well as make it easier for them to achieve their homeownership goals. The FHSA does not replace the RRSP Home Buyer's Plan that already exists, however, it’s important to note that the two programs cannot be used in tandem. While the RRSP Home Buyer's Plan requires withdrawals from the account to be repaid, the FHSA does not.

Learn More About First Home Savings Accounts

First Home Savings Accounts are expected to be available in 2023. There will be eligibility requirements, as well as rules and conditions, so it’s best to consult with a mortgage broker or financial institution to determine if and how you can make this new option work for you.

In the meantime,...

Read full post

When you’re searching for a home, making appointments to view listings can feel really exciting. You start to imagine yourself in these new spaces and it’s hard not to personalize things as soon as you set foot in a home that caught your eye.


As a top Oakville realtor for over a decade, I’ve certainly seen potential buyer’s excitement turn to disappointment when they finally get the chance to tour a listing that they were interested in. When you’re touring homes for sale, it really is important to keep an open mind, which can sometimes be easier said than done.

What’s Okay to Ignore When Looking for A Home?

Not to worry, as a trusted and experienced Oakville realtor, I’ll always make sure that important concerns are never overlooked. Things like electrical or structural issues, disrepair, or evidence of leaks certainly require attention and may be a reason to forgo putting in an offer on a home. 


However, there are three...

Read full post

As a busy Oakville realtor, I hear from people all the time that they’re worried their children will never be able to afford to buy a home. It seems to be a common topic of discussion with home prices continually rising while requirements for down payments remain out of reach for many.


Whether you think your children will be interested in living in Oakville or another part of the GTA or would prefer to settle down in a smaller town like Guelph, the thought of buying a home as a young person just starting out can certainly seem overwhelming.

How Parents & Grandparents Can Help the Next Generation

Having the means to help your grown children or grandchildren buy real estate is a blessing and a luxury. However, before you hand over cash or sign on the dotted line, it’s important to take time to explore the best options for everyone involved. 

 

Based on current home prices it shouldn’t be surprising to hear that most young people receive some...

Read full post

Every potential home buyer has a wish list when it comes to what they want in their ideal home. As a seasoned Oakville realtor, Sue Heddle Homes has helped hundreds of clients find homes that meets their needs. While tastes and preferences do differ, there are often similarities when it comes to groups of home buyers.


For example, empty nesters are often looking for a smaller home that has a layout that supports ageing in place. For larger families, storage and multiple bathrooms may top the list. When it comes to first time home buyers, this group also tends to have a common wish list in mind when they begin the search for their first property purchase.

6 Features That Appeal to First Time Buyers

Before you begin any home search, make sure you have a trusted and experienced Oakville realtor that can guide you through the process. You want a realtor that is familiar with the area, knows how to negotiate on your behalf and has the knowledge to make your...

Read full post
Blogs
Posts By Date
Categories