Brampton is one of the preferred choices of Canadians when they decide to move to big cities, mainly because the city is constantly evolving. Whether you want to move alone or with your family, you will find many Brampton houses for sale, and one of them might very well be your dream home!

Housing in Brampton

When you decide to buy a home in Brampton, you should expect to pay considerably less than in downtown Toronto or Vancouver, BC. The city can be considered an excellent alternative to the busier and pricier cities of British Columbia and Greater Toronto. As of May 2022, the average home price is $1,146,449, a 14% yearly increase but a considerable 8% monthly decrease. 

In addition, Brampton has one of the highest homeownership rates in the Great Toronto Area at 80%, meaning that residents prefer buying homes instead of renting. Due to its massive development, Brampton’s real estate market has investments from all sides, with more houses and apartment constructions emerging yearly. 

Life in Brampton

Living in Brampton is anything but ordinary, as it is one of the country’s fastest-growing cities. Its population has grown around three times faster than Ontario since 2011. The city’s economy mainly relies on business, communications, life sciences, manufacturing, IT, and retail administration. Living costs are usually higher than in cities in the Maritime and Prairie provinces but lower than in Toronto. 

Brampton is home to 16 shopping centers and malls, but it also has many smaller shops and boutiques. Those interested in Brampton’s history may want to visit Peel Art Gallery, Museum and Archives, the Brampton Farmers Market, and Bovaird House. The City Hall offers a free self-guided walking tour. 

Although mortgage rates fell for a second successive week, it wasn’t enough to prompt more demand from potential buyers.

The Mortgage Bankers Association reported that mortgage rates fell 10 basis points last week and are now down 24 points over the past two weeks. However, demand for mortgages fell 5.4% last week.

The MBA said the average contract interest rate for a 30-year fixed-rate mortgage with a conforming loan balance of $647,200 or less fell from 5.84% to 5.74% last week.

Joel Kan, the MBA’s associate vice president of economic and industry forecasting, said rates fell amid “growing concerns over an economic slowdown and increased recessionary risks” that kept Treasury yields lower.

However, those hoping for a rebound in the housing market were left disappointed, as the MBA said those concerns showed up in refinance applications, which fell 8% from the previous week. Refinance applications are down 78% from a year ago. Meanwhile, the share of refinancing in total mortgage activity fell to just 29.6%, down from 30.3% a week ago.

This week we continue with our efforts to bring you the superstars of U.S. real estate. Once again, we’re refining a more objective and quantifiable method. Focusing on Oklahoma City, Oklahoma is presenting us with some new problems, and insights, since this region is a particularly competitive and dynamic market given the economic outlook.  

Previously, we used lead generation services like Homelight to aggregate lists of the top agents, but we later shied away from such rating databases opting for Google and Zillow, combined with social, media, and SEO prowess. Now, Oklahoma City is proving how selecting top-notch professionals is even harder than we originally thought. Here’s what we found, with insights into why the average consumer may have trouble picking the best of the best in this locale.

Is her team on Instagram in a meaningful way? Check. Youtube? Check (only more could be done). State and local news engagement? Of course, she’s covered all the bases it seems. Still, Levinson could do more, it seems to me. After researching Chicago’s Matt Laricy recently, the bar just got a lot higher. So, we should see this top-tier entrepreneur in a bit more high-profile circles. There’s a clear reason Levinson is among the top agents in the country.

The mattress that you choose has a huge impact on the quality of comfort you experience when you sleep, which is why selecting a mattress that provides you with all the support you need is essential. The type of mattress you choose to sleep on is mostly based on personal preference, so how are you meant to choose the perfect mattress for a guest room? There are a variety of beds, single and double to fit all spaces and mattresses like memory foam and hybrid that can make sure your guests sleep soundly in your home. 

Guest Beds 

Choosing a bed for your guest bedroom can be challenging, as you must choose a model that is going to be suitable for a range of different people. Mattresses are often chosen on personal preference, so it is worth choosing something that is going to offer support and comfort for most sleepers. Another factor to consider is the space you have – for example, if you have a small room, you’re going to need a single bed or if you’re looking to accommodate a couple like friends or parents, a double mattress is going to be essential. 

Single mattresses 

If you’re looking for a smaller mattress to fit in a more modest guest room, there are single mattresses that would be ideal when it comes to creating a luxurious and comfortable feel. You can choose from single hybrid mattresses, which would be great for a guest room as the comfort from the foam and the support from the coils can support the sleeping position of many of us. They are also durable, which means you can save money in the long run. 

With interest rates and inflation both on the rise, the US housing market has recently taken a hit. In fact, the cost of buying a home jumped more than 20% this April compared to the same month in 2021.

It’s no secret that in recent yes, the real estate market has become increasingly more unstable than it usually is. Home prices have fluctuated wildly, and there have been a number of high-profile housing bubbles that have eventually burst, causing economic damage. 

As a result, many experts have begun to question whether the housing market is sustainable in its current form. Statistics show that housing prices have become increasingly unaffordable for many Americans, and it is unclear whether this trend can be reversed. 

Whether you’re a first-time homebuyer or a real estate agent looking to help your clients understand these trends, here’s what to know about the sustainability of the current market.

The Current State of the Housing Market in 2022

First and foremost, let’s talk about interest rates. Unfortunately, the Fed has announced that there will be another interest rate boost to come. Higher mortgage rates are obviously unsustainable for most Americans as inflation continues to rise. But how high is high?

Home price appreciation is finally showing signs of slowing down after accelerating massively over the last two years.

A report from CoreLogic this week shows that home prices rose by 20.2% in May, compared with the same month last year. While that’s still pretty rapid growth, CoreLogic said an analysis of the data shows there are reasons to think home price acceleration is about to slow down, and it’s forecasting appreciation to dip to just 5% by this time next year.

According to the report, recent increases in mortgage interest rates have contributed to a slowdown in home price appreciation.

CoreLogic’s report states that mortgage rates sat at 5.81% as of June 23, according to Freddie Mac’s PMMS mortgage survey. Back in January, mortgage rates were hovering at just 3.22%. CoreLogic said the increase in mortgage rates have only added to growing affordability problems, with more buyers being priced out of the market. As a result, it expects buyer demand to lessen and put the brakes on home price growth.

Selma Hepp, deputy chief economist at CoreLogic, described the coming cooldown as a welcome “recalibration” of the market that will restore balance between buyers and sellers.

Many perceptive investors know that turn key rentals can bring in a reliable, low-risk, and highly rewarding passive income. What you want from a professionally managed rental property is strong passive income from reliable tenants who maintain the house and the landscaping. Tenants that stay put even when you raise the rent. Dependable monthly rent checks that show up on time every month.

However, every investment comes with some risk. A turnkey rental doesn’t become passive until you’ve done the original due diligence to put all of the right pieces in place. Before you leap, be sure you consider and resolve any potential mistakes that might be made.

1. Choosing the wrong turn key property provider. Anyone can post an online advertisement claiming to have turn key rentals for sale. Always do your due diligence on both the house and the business you are purchasing from. Create a list of qualifications they have to meet. Generally, these people have bought and rehabbed damaged or outdated houses. You want to know that the rehab was done correctly, with the required permits, and by quality contractors. You want this information specific to the property that you are investing in as well as past houses they have rehabbed and sold to other investors. Check out their reputation and how long they have been in business.

2. After you select a turn key seller, ask detailed questions. Know all of the terms that you will be agreeing to. Know the exact people you’ll buy the property from. Verify the rental income on previous houses they have sold. Verify the quality of the tenants. Ask questions until you don’t have any unanswered questions.

3. Research the property management side of the business. Understand the policy for dealing with problem tenants and evictions. The same applies to their policies for repairs and maintenance. You will be the legal owner of the property. Everything the management company does is being done in your name.

It’s no secret that North Carolina can be a great place to live, work, and enjoy life. Around 360,000 people are moving there every year, and it’s not hard to see why. Here are the top five reasons people are relocating to this state:

Perfect for Outdoor Lifestyles

North Carolina is a state with many different types of terrain, from the Appalachian Mountains in the west to the Outer Banks on the coast. This variety provides opportunities for people with all types of outdoor interests, from hiking and camping to fishing and surfing. The state also has a mild climate, which makes it ideal for year-round outdoor activities. North Carolina is home to dozens of state parks and other natural areas, providing ample opportunities for people who love spending time in nature.

Excellent Education

North Carolina has long been known for its commitment to education. The state has consistently ranked near the top in measures of student achievement, and its schools have been recognized for their excellence by a variety of national organizations.

In recent years, North Carolina has also been a leader in adopting innovative educational practices, such as early college programs and digital learning initiatives. As a result, North Carolina schools are preparing students for the future and giving them the skills they need to succeed in college and careers. 

Great Neighborhoods

North Carolina real estate is rapidly expanding. There are plenty of neighborhoods in Durham, Raleigh, Charlotte, and other cities that offer great amenities and high quality of life. Many of these neighborhoods are close to schools, shopping, and dining, making them ideal for families. With the state’s expanding job market, there are plenty of opportunities for people who want to live in North Carolina’s vibrant communities.

Desperate home developers in China’s depressed real estate market have taken to accepting garlic and wheat, among other crops, as a down payment for rural homes.

China’s real estate market is struggling, with analysts saying that property sales in the country have dropped by 25% this year as a result of the country’s zero-Covid strategy.

In addition, many Chinese are shying away from real estate investments. Due to the uncertain economic climate, a growing number of people prefer to hoard cash, Bloomberg said in May.

Under pressure to boost sales, Central China Real Estate has announced a promotion called “swap wheat for house” that allows buyers to acquire new homes in Minquan County, Henan Province. The promotion was reportedly posted on the company’s official WeChat account. Buyers can pay up to a maximum of 160,000 yuan in wheat, priced at 2 yuan per 21 ounces, on the deposit for a new home. The homes in the development range in prices from 600,000 yuan to 900,000 yuan, the Business Standard reported.

The promotion, which is set to end July 10, is said to be targeted at farmers in the region.

Management scheduling is the key to success for your construction business. If you want to keep your team on track and get the most out of your time and resources, then you’ll need a project management system to help you do that. 

The benefits of management scheduling are numerous. You can easily see how much time has been spent on each task and how much time is left to predict when things will be finished. 

Let’s explore more benefits you can get from quality management scheduling.

Assurance of Quality

A quality assurance policy is not unheard of in today’s world. However, a project management scheduling system can help you develop one. It’s vital that every task assigned to your team meet the expected quality standards set by you in the planning stage. By creating a detailed schedule, you can be assured that each task will be completed on time and in order. 

You can also see how much time each activity has spent so that you get a good idea of what needs to be done next or what tasks won’t get tackled as planned. This will enable you to adjust and develop a better strategy to work things out with your teams.

What to do in July in Denver!

Present – August 7th: Colorado Renaissance Festival

“This season we will take you on a magical tour through time and legend. As you wander down the village streets and pathways of the Colorado Renaissance Festival, experience a 16th Century Renaissance Amusement Park! Ready thyself to revel with master revelers, watch artisans create original works of their ancient craft and be taken in by the tantalizing aromas of roast turkey legs, steak on a stake, fresh baked goods and much more. Featuring a cast of hundreds of authentically costumed merrymakers living and working throughout the village and performing, continuously, upon the Festival’s stages, the illusion of a rollicking 16th Century festival day is created.” Tickets & More Info!

As Summer Heats Up, The Market Cools Off

The real estate market is finally starting to slow. Housing inventory in Metro Denver is increasing. The number of active listings at the end of May was up for the first time in recent memory, at a 7.9% increase from the May prior, jumping from 3,755 active listings to 4,051 active listings.

This rise in inventory is a sure sign that things are beginning to cool off and that the buyer pool has started to thin out. Some buyers have undoubtedly been priced out of the market, given high average home prices and mortgage interest rate hikes. Plus, high inflation for everyday items like gas and groceries adds up fast. This increase in inventory is much needed for the buyers still in the ring, who have suffered through some of the worst housing scarcity to date. Things should be a little less competitive right now than they have been over the past two years, and the days on market for listings is likely to increase over time.

On the flip side, sellers are still looking to capitalize on their equity and move or trade-up before interest rates get much higher. Some are getting a little panicky about a looming recession. For sellers who want to make a move right now: Remember, this is still a seller’s market. Buyers may be less willing to waive their concessions and offer crazy amounts over-asking price, but demand is still high for homes.

A statement-making front door can boost a home’s curb appeal and its value. New research from Zillow has found that homes with slate blue or black front doors appeal to more recent and prospective buyers and could sell for a higher price. Conversely, pale pink and cement gray front doors could negatively impact a home’s value.

This new front door paint color analysis is based on a Zillow study of recent and prospective home buyers who were randomly assigned images of front doors painted one of 11 colors. The home’s interior was the same for all study participants. Each color received a score based on buyers’ perception of the home, likelihood of buying the home and the price they would be willing to pay for the home. National price premiums were calculated using the typical U.S. home value of $334,141.

Homes with a front door painted slate blue — a chalky light blue-gray color — received the top overall score with buyers. Most recent and prospective buyers liked the home with a door painted this color, would likely purchase the home and, on average, would be willing to offer an estimated $1,537 more.

A black front door was associated with the highest offer price, with buyers saying they would be willing to pay, on average, $6,449 more for a home with this high-contrast front door. However, black was more polarizing than other front door colors, with some buyers saying it is “imposing” and “doesn’t give positive vibes at all.” Olive green is another good option, with recent and prospective buyers saying they would be willing to pay an estimated $969 more for a home with this front door color.

“This research shows how seemingly minor home improvements can make a big difference in the way a potential buyer views and values a home,” said Amanda Pendleton, Zillow’s home trends expert. “A front door is often the first thing that captures a buyer’s eye, and first impressions matter when buyers need to make swift decisions in today’s fast-moving market. When going through a stressful process that brings half of all buyers to tears, visual cues like color can have an outsize impact on decision making.”

Following a string of steady increases, mortgage rates finally fell last week, providing some relief to home shoppers worried about being priced out of the market.

The average 30-year mortgage rate fell to 5.70% this week, down from 5.81% a week ago, housing finance giant Freddie Mac reported on Thursday. Rates are still way up compared to one year ago though. This time last year, the 30-year rate was averaging 2.98%.

Mortgage rates tend to mirror 10-year Treasury yields, which have fallen as investors seek safer, more stable assets in the face of higher inflation and slower economic growth.

“Rising prices are eating into consumers’ paychecks, leaving many Americans with less money for discretionary spending,” said George Ratiu, senior economist at Realtor.com. “In addition, with inflation outpacing pay raises, most workers are seeing their income fall behind, further straining the finances of buyers who are also facing higher borrowing costs.”

Freddie Mac economist Sam Khater said the falling rates were due to “countervailing forces” of high inflation and the increasing prospect of an economic recession. “This pause in rate activity should help the housing market rebalance from the breakneck growth of a seller’s market to a more normal pace of home price appreciation,” he added.

Economists say the historic shortage of homes for sale is coming to an end, as more inventory is added to the market.

Realtor.com reported that active listings of existing homes rose 19$ in June, the fastest rise since it began tracking the data five years ago. Meanwhile, the number of new listings also surpassed pre-pandemic levels, rising 4.5% from a year ago.

For now though, inventory remains critically low at around 50% of pre-COVID levels.

The new listings are pouring onto some of the markets that saw the biggest jumps in home demand during the height of the pandemic. For instance, Austin has seen its inventory level jump by 145% from a year ago, while Phoenix is up 113% and Raleigh is up 112%. However, some markets are still faced with lower inventory, such as Chicago, where home listings are down 13%, and Miami, where inventory is 16% below last year’s level.

That said, there is definitely relief on the horizon, with realtor.com’s chief economics Danielle Hale saying that inventory growth has accelerated throughout June and that it should continue into next month.

Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. 

“We’re very excited to welcome Dawanna to Compass’ board of directors,” said Robert Reffkin, Founder, Chairman, and CEO of Compass. “Dawanna has more than 20 years of experience in the real estate industry and a background that spans both real estate law and business. Her extensive experience, combined with her strong community-driven values make her an invaluable addition to the Compass Board of Directors.” 

Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity. 

Williams has decades of experience in the real estate industry. In her current role, she guides projects that take advantage of her expertise as a legal and business pragmatist, community-driven values, and a passion for refined materials and design. Williams has led a variety of innovative projects, a number of which have earned recognition from New York City’s Department of Housing Preservation and Development and New York City’s Economic Development Corporation. Under her leadership, Dabar has completed construction projects in New York City, Philadelphia, and Atlanta.

“Compass’ success is driven by its focus on real estate agents. Investing in our industry, building tools and services real estate professionals need to grow their business, has enabled them to dramatically improve the residential real estate transaction,” said Dawanna Williams. “Their practical, solutions-driven approach to business coupled with their strong leadership team makes this position an ideal fit for me and I look forward to joining the Compass Board at this exciting time in our industry.”

Fairmont Hotels & Resorts, part of world-leading hospitality group Accor, in partnership with Gregg Covin, a notable Miami real estate developer, today announced the signing of definitive agreements for the development and management of the first luxury private branded residential offering in the Blue Ridge Mountain region of North Carolina –   Fairmont Heritage Place – The Cedars, Hendersonville. Set to debut in 2025, the residences will build upon The Cedars’ legacy as a significant landmark while ushering in a new era of contemporary design, outstanding amenities, and engaging service infused with local culture and premier hospitality.

Fairmont Heritage Place – The Cedars, Hendersonville will join an exclusive collection of extraordinary Fairmont – branded residences worldwide, offering private ownership with the option to participate in a rental program. Owners will enjoy all the benefits of owning a home with singular access to luxurious amenities and world-class services at Fairmont’s legendary hotels and resorts.

“We are pleased to announce the addition of Fairmont Heritage Place – The Cedars, Hendersonville, the first Fairmont-branded residences in North Carolina. For over a century, Fairmont has been intrinsically tied to the communities the brand calls home and committed to the stewardship of landmark hotels, restoring and preserving historic buildings with great care,” said Heather McCrory, CEO, Accor North & Central America. “A rare opportunity to own a piece of one of the Blue Ridge Mountain region’s most celebrated national buildings, The Cedars will be the most luxurious branded residential offering in the state. We are proud to add The Cedars iconic landmark to our rapidly growing luxury portfolio and continue its legacy for years to come.”

Fairmont Heritage Place – The Cedars, Hendersonville, a 127-unit luxury residential community, is set to transform the mountain city that has become the preferred second-home destination for generations of South Floridians and Northeasterners, due to its central East Coast setting and friendly outdoor culture. The 3.55-acre development includes a magnificent restoration of the original Antebellum grand hotel, which sits on the National Register of Historic Places, as the focal point. Two new six-story, mid-rise buildings will be comprised of studios, 1-, 2-, and 3-bedroom units, and stunning penthouses, all with sprawling terraces and impressive mountain views. Prices are expected to range from USD $400,000 to USD $3.8 million.

The property will bring a new level of luxury, unforgettable experiences, and outstanding service to the Blue Ridge Mountain region known for its beautiful scenery, rich culture and history, and welcoming community. Situated two blocks from the historic Main Street, the residences will be the new home to many of the area’s five-star amenities, offering an exceptional cuisine and beverage program appealing to owners, guests, and locals, including a signature restaurant, a lobby bar, and a specialty café. Additional property features will include flexible meeting and events space; an expansive wellness center with a spa, multiple swimming pools, and a fitness center; a cooking school; a multifunctional family room; and retail space.  Residents and guests have access to a nearby private club with Tom Fazio-designed Champion Hills Golf Club.  All of the area’s popular destinations are located within a 30-minute radius of Hendersonville, including Downtown Asheville, The Biltmore Mansion, the Asheville Regional Airport, the Blue Ridge Parkway, and both Pisgah National and Dupont State Forests.

Well pleasant and green lands come with a magnetic appearance and offer many significant considerations. But the opportunities from traveling to find a new home and dealings regarding cost and purchasing can be overwhelming, especially when the distance and time are not on your side. Then it’s worth getting assistance from real estate professionals.

So if you want to know all about moving from the USA to the UK, keep on reading the valuable piece of information.

Seek the help of real estate professionals

Opting for the help of real estate professional advisors assists in the following aspects:

·        Find the accurate property

Would you buy a home you’ve never seen in person? That’s exactly what more and more home buyers are doing, thanks to changes in the real estate industry brought on by COVID-19, and the rapid development of sophisticated technology that makes shopping for a home through virtual tours a new normal. 

Virtual home tours are on the rise, in some cases replacing in-home showings altogether, for a number of reasons including convenience, safety, and efficiency. When COVID-19 arrived, home buyers quickly became accustomed to using virtual tours when restrictions made in-home showings impossible. Even as pandemic restrictions eased, travel bans caused difficulties for out-of-state buyers who had to rely heavily on real estate websites, virtual tours, and the boots-on-the-ground expertise of a local real estate agent. 

In addition, new developments in technology and software have dramatically reduced the cost of producing high-quality video. Virtual tours can now be filmed, edited, and produced on a smartphone and made available on the internet in a matter of minutes. 3D and 360-degree cameras that once cost thousands of dollars now cost hundreds, and there’s no shortage of apps available to realtors to create and manage an unlimited number of virtual tours.

Home buyers are increasingly relying on virtual tours as a starting point for a home search. Not having to tour multiple homes in person can eliminate stress from the process, and buyers who are still not comfortable meeting in person or traveling can feel safer. Buyers are also able to search more efficiently, using virtual tours to narrow down what they want and what they need without leaving home. 

Real estate innovations — from e-signatures, to live video conferencing to virtual tours — can streamline the home-buying process, even when a buyer isn’t there in person. 

San Jose’s city council has approved a number of new “tiny home villages” that will provide housing for homeless residents of the city, but it’s expecting to face a backlash from worried neighbors who oppose the projects.

The councilors voted 8-2 to move forward with plans to build six sites, which include two existing projects and two new sites, during the 2022-2023 fiscal year. The city will also begin construction on two new sites in the future.

San Jose is leading the way in embracing smaller housing units as temporary housing for homeless people, the East Bay Times reported. The vote brings the city closer to its goal of adding 400 new tiny homes that will accommodate unhoused people who’re waiting for permanent housing. Supporterssay the project is necessary, with San Jose’s homeless population estimated to have grown by 11% since 2019.

The city has already gotten four temporary housing sites up and running, but councilors admit that it has been a challenge to find places to build the tiny homes. The approved sites are oddly shaped slivers of land adjacent to existing freeways and exit ramps in the city, and authorities say they expect opposition from residents living close to the parcels.

“There’s no doubt that any site we pick will be opposed,” said San Jose Councilmember David Cohen.