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Bank of Canada and the Halifax Real Estate Market

Breaking News: New Mortgage Rules Poised to Shake Up Halifax’s Real Estate Market Real estate chatter is buzzing, and no, it’s not about today’s rate drop. Let’s address the elephant in the room: 3.25% isn’t the posted mortgage rate. Fixed five-year mortgage ra ...

Posted by Sandra Pike on Dec 11, 2024

The Impact of a 10% Tariff on Canadian Goods and Services on the Real Estate Market

The potential imposition of a 10% tariff on Canadian goods and services by the United States would create profound and far-reaching consequences on the economy. While much of the focus often lands on the immediate impacts to manufacturing, agriculture, and consumer goods, it’s crucial to consi ...

Posted by Sandra Pike on Nov 07, 2024

Claudia Chender’s Plan: Is She Missing the Mark on Affordable Housing in Nova Scotia?

The Nova Scotian housing market has become a topic of intense debate as we approach the next provincial election. Claudia Chender, the latest candidate running for Premier of Nova Scotia, has expressed her strong criticism of the Conservative-led government’s approach to the housing crisis. Ch ...

Posted by Sandra Pike on Nov 07, 2024

Pre-Confederation Waterfront Lots in Halifax: Owning More Than Just the Shoreline

If you're exploring waterfront properties in Halifax, you've probably come across the term "pre-Confederation" waterfront lots. These unique parcels of land come with fascinating historical roots and legal distinctions that can be a game-changer for property owners along the Northwest Arm and Halifa ...

Posted by Sandra Pike on Oct 09, 2024

Thinking About Investing in Halifax Real Estate? Here’s What You Need to Know Before Attending Those “Too Good to Be True” Seminars

I’ve seen it happen time and time again—those flashy ads saying, “Join our seminar and learn the essential tools and resources to fast-track your real estate success.” But let's take a closer look. The hosts of these seminars often come from out of town—like Steve Hipp ...

Posted by Sandra Pike on Oct 09, 2024

The Biggest Mistake Sellers Are Making: Overpricing Their Homes

One of the most common mistakes I see sellers make is overpricing their homes. It’s understandable—you want the best return on your investment! But in a market like Halifax, overpricing can actually hurt your chances. In Halifax, homes priced too high tend to sit longer on the market, e ...

Posted by Sandra Pike on Sep 11, 2024

Debunking the Biggest Myths in the Halifax Housing Market

If you’ve been scrolling through social media or chatting with friends lately, you’ve probably heard all sorts of opinions about the real estate market. With so many myths out there, it’s easy to feel confused about what’s really happening—especially in our vibrant city ...

Posted by Sandra Pike on Sep 11, 2024

Why Are Some Builders’ Homes More Expensive Than Others in Halifax?

When you're in the market for a new home, especially in a growing city like Halifax, it’s easy to notice that prices can vary significantly from one builder to another. While all new homes may seem similar at first glance, many factors influence why one builder's home might cost more than anot ...

Posted by Sandra Pike on Sep 11, 2024

Is the Halifax Real Estate Market really BOOMING?

THE MARKET IS BOOMING IN HALIFAX. This is the trend that most agents have on their Instagram Accounts. Call me pessimistic, but I don’t see the market changing in Halifax unless rates are below 4% and there is more inventory to choose from. We are in a “Cinderella state of m ...

Posted by Sandra Pike on Sep 11, 2024

Buyer agents a thing of the past… NOPE

The landscape of the US real estate market is on the brink of a significant shift that could change how home sellers and buyers handle agent commissions. With a new proposal pending federal court approval, home sellers might soon not be responsible for paying the commissions of both their own agent ...

Posted by Sandra Pike on Apr 17, 2024
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