The Benefits of Rent-to-Own Agreements: A Stepping Stone to Homeownership For many aspiring homeowners, breaking into the real estate market can feel daunting. High down payments, stringent mortgage requirements, and competitive housing markets can make the dream of owning a home seem out of reach. However, rent-to-own agreements present a unique solution that can bridge [...]
If you're eyeing the Ontario housing market, May 2024 presents some compelling reasons why now might be a great time to consider buying or renting-to-own a house. Here’s a quick look at the current state of the market and what makes this period particularly favorable for potential homebuyers. 1. Stabilized Prices After the volatility observed [...]
Rent prices resumed their upward trajectory in December, ending the year 8.6% higher from a year ago. The average rent price for all unit types rose to $2,178, according to data from Rentals.ca‘s latest monthly data. Looking back over the past two years, rent prices have risen 22%, or an average of $390 a month. “The [...]
10 Mistakes to Avoid in Rent-to-Own For most people, a home is the largest purchase they’ll ever make, so choosing the wrong property can have disastrous implications for their wallets and well-being. Still, many homeowners feel a strong sense of pride in putting their mark on the property, building equity and having a place to [...]
