2025-is-the-year-for-first-time-home-buyers

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    Deck Trends That Will Transform Your Backyard

    With summer approaching, it’s time to consider your outdoor spaces, including your deck. You could go the traditional route of staining and sealing it for a fresh look, or take advice from the experts on the top 2025 trends for decks.  “Needing to maximize their outdoor retreat, homeowners are sketching out new deck designs that combine multi-purpose spaces, environmentally friendly materials, integrated outdoor kitchens and fire features, smart technology, and biophilic design features that bring nature closer into the living area,” says Mark Lumpkin of short-term rental renovation company STR Cribs. Discover the best deck trends for 2025 that will help you host summer gatherings in your own backyard.  1. Wider Boards If you’re looking to build a new deck or replace your home’s decking, opt for a wider board for a more updated and modern look.  “Standard 5.5-inch boards are stepping aside as homeowners increasingly choose wide-width boards for their decks in 2025,” says Amanda Cimaglia, VP of TimberTech. “These wider 7.25-inch boards not only offer a sleek, contemporary aesthetic but also create seamless, uncluttered surfaces that mimic high-end indoor flooring trends, resulting in a design-forward, polished appearance that feels expansive and upscale.”  While you’re at it, consider laying your boards in a pattern for a cool effect. “Design-savvy homeowners are borrowing from indoor flooring innovations, bringing rich bespoke layouts like chevron, herringbone, and pinstripes to their outdoor spaces,” Cimaglia adds. “These artistic patterns elevate a simple deck into a statement piece that blends functionality with personality.” 2. Multi-Level Decks Have an existing deck, but want to level up? Consider building a second story.   “Multi-level deck designs will continue gaining momentum as homeowners seek to create zones tailored to specific activities,” Cimaglia says. “For example, an upper dining area might transition to a mid-level lounging deck before stepping down into a firepit space or garden. These layers provide a sense of flow and dimension, giving outdoor spaces a dynamic, purpose-driven layout.” As you design your deck, designate a function for each level. Cimaglia suggests making the upper area a dining space and the lower level a cozy lounge, for example. “Additions like connecting staircases with integrated lighting or plant borders can enhance flow and unify the space. Using consistent materials and complementary finishes across levels can help maintain visual harmony,” Cimaglia adds.  You can also opt for different materials to establish different zones.  “Multi-level decks are in, as they help homeowners define areas for separate activities, like dining, lounging, and socializing,” Lumpkin says. “A common way to do this is to use different flooring materials or introduce slight elevation changes to define each zone without breaking the overall flow.” These new multi-level and tiered decks aren’t just functional, they’re beautiful too. “They can also provide better views of the property and surrounding landscape,” says Sue Kim, director of color marketing for Cabot.  3. Sustainable Features In 2025, deck designs are increasingly incorporating sustainable features. “Eco-conscious homeowners are gravitating toward decking options that include high percentages of recycled materials,” Cimaglia says.  TimberTech offers boards made with up to 85% recycled content, including reclaimed wood fibers and recycled plastic. “These materials deliver long-lasting performance while minimizing environmental impact,” she adds.  Cimaglia says that composite and PVC decking remain frontrunners even in 2025 because they’re long-lasting and low-maintenance options that look like real wood.  4. Comfortable Outdoor Furniture “Stiff, uncomfortable outdoor chairs are a thing of the past,” says Sergey Mashkov, designer and sales manager at Sheds Unlimited. “This year, plush sectionals, weather-resistant lounge chairs, and modular furniture sets are on the rise. Homeowners seek spaces that feel just as cozy as their indoor living rooms, complete with outdoor rugs, throw pillows, and built-in firepits.” As you shop, look for sectionals and chairs that are easy to move and rearrange.  “The outdoor furniture trends lean toward modular, reconfigurable furniture that provides comfort as well as flexibility, and the decor trends include sustainable materials, bright textiles, and ambient lighting all working together to create an inviting, cohesive space,” Lumpkin says. “In one example, a client interspersed weatherproof cushions accented with reclaimed wood and set LED fixtures to create a cohesive theme that elevated the personality of the deck—an unconventional approach that dramatically upgraded the total vibe.” Another trend for deck furniture this year is built-in seating. “Homeowners are choosing decks with integrated benches for additional seating, planters for natural touches, and even discreet storage compartments to keep spaces tidy,” Cimaglia says. “Features like these add structure and organization while giving back valuable square footage, perfect for entertaining or everyday relaxation.”  5. Smart Technology Smart tech makes outdoor entertaining easy. “Smart technology has made its way to decks, too, in the form of discreet, energy-efficient options,” Lumpkin says. “Think app-controlled LED lighting, wireless outdoor sound systems, and integrated heating elements all working to ensure your comfort without sabotaging the aesthetics.” You can kill two birds with one stone by choosing moody lighting options that enhance safety around your deck and sync easily with your home’s smart systems.  “Homeowners can install smart LED fixtures that can be controlled via smartphone apps or voice assistants. This allows for customizable brightness, color, and scheduling,” says Kevin Lenhart, design director at Yardzen.   Lenhart also suggests smart heating features that allow homeowners to use their outdoor spaces even in the chillier months. Whatever you choose, smart home technology makes it easy.  “If you’re going to dabble in smart tech features, I advise going all the

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    Questions to ask advisors and condominium experts

    All of the information you need from the experts before buying a condominium. Before you purchase a new or resale condominium, you should consult with a number of advisors and condominium experts. The following questions will help you assess their qualifications. Of course, condominium markets vary and the intensity of a particular market can influence…

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    5 Mistakes Homeowners Make That Could Cost Thousands.

    Selling your home is one of the biggest financial moves you’ll ever make, and many homeowners are unknowingly leaving money on the table. A new survey from Zillow, conducted by The Harris Poll, revealed five major misconceptions that can cost sellers thousands of dollars. From over-investing in renovations to skipping key agent interviews, these are mistakes even experienced homeowners make. Here’s what to avoid and how to maximize your home’s value and get ahead in today’s competitive market. 1. Spending Too Much on the Wrong Renovations While it’s tempting to think a pricey kitchen remodel or a full addition will boost your home’s value, that’s not always the case. According to the survey, nearly one-quarter of homeowners (23%) believe building an addition offers the best return on investment. In reality, lower-cost upgrades, like a fresh coat of paint or improved landscaping, have a bigger impact on your bottom line. Focus on strategic updates that improve first impressions, both online and in person. Think fresh paint, staging, and curb appeal. 2. Underestimating the Power of “Screen Appeal” It’s not just about curb appeal anymore. Buyers often make their decision based on online photos and virtual tours before they ever step inside. Still, 40% of sellers think curb appeal matters most. But Zillow found that listings with features like 3D Home tours and high-resolution images sell for 2% more than similar listings without them. 3. Skipping Key Steps When Hiring an Agent Many homeowners believe they can skip the legwork when choosing a real estate agent, but Zillow experts warn against it. One in four homeowners don’t read online reviews, research sales history, or interview more than one agent. Treat hiring a real estate agent like a job interview. Ask about their local experience, listing strategy, and marketing tools, and check their track record. Related 4. Highlighting Wrong Features in Listings 45% of sellers think open floor plans boost value, but according to Zillow data, open layouts sell for 0.2% less than expected. On the flip side, listings that mention natural materials, like soapstone countertops or white oak flooring, can sell for up to 3.5% more. Work with your agent to highlight what today’s buyers are looking for. 5. Misunderstanding Seller Disclosure Rules Here’s a costly one: More than half of sellers think it’s okay to hide serious issues like water damage, pests, or asbestos to get a quicker sale. But failing to disclose known problems can lead to legal trouble and lost trust. Always disclose issues honestly and lean on your agent to help navigate what’s required in your state. What Sellers Get Right While some misconceptions remain, homeowners are making smart moves in key areas. 70% understand the value of listing across all major real estate platforms, including Zillow, Redfin, and Realtor.com. Only 8% believe in private, limited listings, correctly recognizing that casting a wider net brings better offers. Sellers who don’t list on the MLS (Multiple Listing Service) make thousands less on average.

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    Glossary common terms and phrases when purchasing a condominium.

    BARE LAND CONDOMINIUM The boundaries of a bare land condominium are defined in relation to the land, instead of to a structure or improvement on the land. A building that is constructed on a bare land unit is considered part of the unit. BOARD OF DIRECTORS Each condominium has a board of directors that is…

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    The Truth About Real Estate in the News

    Myth #2: Put Less Than 20% Down So Banks Will Give You Better Rates Some mortgage brokers and lenders have perpetrated an enormous lie. They have suggested that if buyers purposefully use a smaller-than-average down payment and pay for CMHC mortgage insurance (which is mandatory for down payments under 20%), banks will perceive these loans as “safer” and offer these buyers a much lower interest rate on larger loan-to-value ratios. This is wrong. Banks are not solely looking at down payment sizes to determine the lending rate they will offer you. They look at your income, credit history, and debt-to-income ratio, getting a comprehensive view of your financial status and ability to repay your loan over time. Any “risk” they face of you being unable to pay your loan is offset by the home value itself, not by CMHC insurance. If you don’t pay your mortgage, they have the right to sell your property under a power of sale and recoup their losses. In this way, the bank is always protected from default risk. If you do not need to pay for CMHC insurance, avoid it because it will add to your monthly costs and provide no additional benefit to you. You can do the math: if you were to put less than 20% down, you would have to pay CMCH insurance, which ranges from 0.60% to 4.5% plus tax, which adds thousands of dollars to your housing costs. The only reason someone would push you to put less than 20% down when you have the funds to put 20% down is that they are getting some sort of benefit from it, not you. Mortgage brokers are paid based on the loan size you sign up for, so if you request a 90% loan instead of an 80% loan on a $500,000 property, they will get paid more. The lender, too, will gain more over time as you pay them more interest on your larger loan. Despite this misinformation controversy, the CMHC does offer a great program to help buyers who have less than a 20% down payment break into the market earlier. However, you should use it with a full understanding of the long-term costs. Ultimately, if you have more money to put down, you should definitely do it instead of paying extra fees like CMHC insurance. However, there is one important exception to note. You can get lower rates for investing in multifamily homes (with 5 units or more) that are insured by the CMHC. Typically, for buildings with more than 5 units, you would need a commercial mortgage and a larger down payment, like 25% down, but the CMHC offers preferred rates for eligible multifamily home projects. One specific program, the CMHC MLI Select Program, allows you to receive a lower interest rate than regular residential and commercial rates with less money down while still giving you the power of leverage. This program is available to help build the type of multifamily housing Canada needs the most: affordable rentals, student housing, and retirement housing. The CMHC MLI Select Program allows you to invest in multifamily buildings with only 5% down and offers extended amortizations for up to 50 years and reduced interest rates.

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    Buying a Foreclosure Home in Canada

    If you are interested to have access to all Vancouver Foreclosures MLS® Listings, please click on the “VIP Insider Access” button. In the “Notes” box include the code “Foreclosures” or visit Vancouver Foreclosures and register What You Should Know Foreclosed homes are typically homes put on sale by lenders after the previous buyer defaults on their mortgage. Foreclosures are rare…

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