REM Online
The Mississauga Real Estate Board and iNCOM Web and e-Marketing Solutions have partnered to allow members "substantial savings" with iNCOM's online marketing technology. iNCOM says it is one of the largest real estate website and online marketing providers in Canada and has been serving salespeople and brokerages for more than 15 years. Its suite of features is designed to maximize lead generation and conversion, while minimizing the amount of work salespeople and brokers must do manually, the company says. READ MORE
Forbes
The concept of the digital twin is gaining traction in commercial, industrial and residential real estate. It's creating new efficiencies and promising long-term cost savings. But to take full advantage of the power of the technology, stakeholders in real estate projects have to take a holistic approach. A digital twin can be defined as an up-to-date and dynamic model of a real-world physical asset. READ MORE
Bankrate
The housing market is about to enter the spring selling season, and mortgage rates are near record lows. With rates slipping over the past year, and especially over the past few months, it may be a fine time to lock in your mortgage rate and forget about getting the rock-bottom rate. READ MORE
The Source Weekly
The millennial generation has long been a topic of discussion among those in the real estate industry. One reason: In the last five to eight years it's become apparent that this generation hasn't followed the traditional homebuying trends of preceding generations. Millennials are renting longer and purchasing homes later in life; previous generations historically purchased homes much earlier. READ MORE
Yahoo!
The lowest midwinter mortgage rates in history have contributed to an unusual early-year surge in homebuying that's likely to lead to spiking home prices later in 2020, a new forecast from Redfin says. The real estate brokerage says this year may bring "the most robust housing market in a decade" — which would mean big paydays for homeowners looking to sell, but a lot of anxiety for homebuyers. READ MORE
RE/MAX
Taking that first step on the real estate ladder can mean a steep learning curve when it comes to financial terms and how they affect you. One common area of confusion for those entering into the real estate market is the terms real estate and property taxes, which are often used interchangeably. So the real question is, are "real estate taxes" and "property taxes" the same? READ MORE
Forbes
According to author Ellie Perlman: The multifamily real estate market is booming, and many new passive investors want to get in on the potentially lucrative investments that multifamily properties offer. In the 10 years I've been in the real estate business as a real estate lawyer, property manager and syndicator, I've seen some investors make the same mistakes over and over again. By pointing them out and discussing how they can impact a multifamily real estate investment, I'm hoping that I'll be able to help others avoid making these common mistakes. READ MORE
InBrampton
Ratehub has released its projections for the mortgage and housing market for 2020. This year, despite the fact Canada didn't cut the key overnight rates in 2019 even though 35 central banks did at least once during the year, the Bank of Canada will be lowering it by 0.25 per cent. According to James Laird, co-founder of Ratehub and Inc. and president of CanWise Financial mortgage brokerage: "These savings will be passed along to variable rate mortgage holders in the form of a lower prime rate. Therefore all Canadians who are in a variable rate will see their interest rate drop in the second half of the year." READ MORE
Forbes
According to author Bernard Marr: No industry is immune to technological advances, but real estate is one niche that has been traditionally slower to adopt new trends. Not any longer! PropTech is booming and changing the way we buy, sell, and interact with our properties. I have recently been to ProbTech events to deliver keynotes, and more and more companies in the industry are asking for my advice on tech transformation. READ MORE
InBrampton
According to a report from Zoocasa, it will take a median-income earner in Greater Toronto 32 years to save for a downpayment on an average house. The report, released recently, looked at 15 markets across the country to see how feasible would it be for a household on a median income to purchase real estate. Eight of the markets in the study were found to be affordable and a median-income household would be able to save up the required down payment in less than a decade. READ MORE
REM
The old saying “if these walls could talk” typically refers to historic buildings that have long outlived the original occupants and now would be able to share amazing stories of what had happened in that space over those years, were the walls able to converse with newer occupants. READ MORE
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