Moving to St. John's, NL in 2025 | Relocation Guide
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Found 22 entries published by The Hann Group.
Interest Rate Held at 2.75% | How it Affects NL Housing
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Aspiring home buyers waiting for another rate cut from the Bank of Canada will need to hold their breath a little longer. With the next announcement scheduled for July 30, 2025, all signs point to the central bank holding its policy rate at 2.75%. But while the national picture is one of cautious waiting, the Newfoundland and Labrador real estate market is telling a very different story.
In this article:
- Bank of Canada Interest Rate: July 2025 Update
- Newfoundland Housing Market: Prices & Trends
- Is Now a Good Time to Buy a House in NL?
- 3 Key Strategies for Buying in a Seller's Market
- Why You Need a REALTOR® in Today's Market
Bank of Canada Interest Rate: July 2025 Update
After a series of rate cuts that brought…
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Mortgage Pre-Approval NL: 2025 Home Buyer's Guide
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What is Mortgage Pre-Approval?
Imagine walking into an open house with a golden ticket—a document that tells sellers and real estate agents you're a serious, qualified buyer. That's essentially what a mortgage pre-approval is. It's a conditional commitment from a lender for a specific loan amount, based on a real assessment of your finances.
This isn't just a casual estimate. It's a thorough financial check-up where a lender verifies your income, assets, debt, and credit history. The result? A clear understanding of your borrowing power, which transforms you from a window shopper into a confident contender in the housing market.
Why It's Your Most Important First Step
Shop with Confidence
You'll know exactly how much…
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St. John's Real Estate: Hidden Gems Most Buyers Overlook
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7-Step Guide to Buying in Competitive Market | Hann Group
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“I know how challenging and overwhelming today's real estate market can feel. Intense competition, rising prices... it's easy to feel lost. That's exactly why I created this guide—to give you a clear action plan and the confidence you need at every step. Let's navigate this journey together. — Larry Hann, Realtor® |
The 7 Essential Steps to Your New Home
1: Secure Your Financing First
This is non-negotiable. Before you even look at a single house, have a full mortgage pre-approval letter from a reputable lender in your hands. This defines your budget and proves to sellers that you are a serious buyer.
2: Find Your Local Expert Agent
In a market where homes sell in days, you need a fast, experienced…
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First-Time Home Buyer Guide | The Hann Group
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Thinking about buying your first home in St. John's or nearby communities like Paradise, Mount Pearl, or Conception Bay South? Becoming a homeowner is a major milestone, and it's perfectly normal to feel both excited and overwhelmed.
This guide outlines the whole process. It starts with getting a mortgage pre-approval and ends with getting your keys on closing day. It also highlights that could save you a lot of money.
This summary will help you make smart, confident choices, and answer typical first-time home buyers questions. Start browsing homes perfect for your budget right now.
Step-by-Step Guide for First-Time Home Buyers
Step 1: Secure Your Mortgage Pre-Approval
The first step is figuring out your budget. Meet with a mortgage…
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St. John’s Real Estate: Climate Impact Guide for Buyers
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If you're considering purchasing a home in St. John’s, Newfoundland, understanding the local climate and its effects on property is crucial. Known for its wet, windy, and humid coastal environment, St. John's presents unique challenges—but with the right knowledge, you can confidently choose a sturdy, weather-resistant home.
Here's your concise guide on what to look for, how to protect your home, and what questions to ask during the buying process.
How Climate Impacts Homes in St. John's
Humidity and Moisture: High humidity (around 80%) can lead to moisture issues like mold, mildew, and even structural wood rot. Effective moisture control and good ventilation inside the home are vital to keeping your property dry and healthy.
Rain and Snow:…
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5 Reasons to Choose a Newly Built Home in St. John's, NL
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Homebuyers in St. John's, Newfoundland and Labrador, often face the dilemma of choosing between purchasing a newly constructed home or opting for a resale property. While each option has its merits, newly built homes offer distinct advantages, especially given the unique regional conditions. Here are five key reasons why purchasing new housing can be more beneficial than buying a resale.
1. Modern Construction Technologies
New homes are built according to the latest standards using advanced construction technologies, ensuring higher build quality, thoughtful engineering systems, and compliance with current building codes. Newfoundland and Labrador adhere to the National Building Code of Canada, which includes enhanced energy-efficiency…
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Why Buy a Condo in St. John’s, NL? 10 Reasons (2025)
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Thinking of buying a condo in St. John’s? This vibrant city offers many great reasons to make a condominium your new home. St. John’s, the capital of Newfoundland and Labrador, is known for its friendly community and scenic charm. It also has an attractive real estate market with affordable condos and a convenient urban lifestyle. Below, we outline ten clear reasons why owning a condo in St. John’s can be a smart and enjoyable choice. Each reason is explained in simple terms to help you decide if the condo lifestyle is right for you.
1. Affordable Home Prices
One of the biggest advantages of buying a condo in St. John’s is the affordable price. The city’s real estate market is considered one of the most budget-friendly in Canada.…
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How to Screen Tenants and Protect Your Investment
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Renting out your property used to be a simple way to build wealth and supplement your income. Years ago, most tenants were respectful, rent was paid on time, and landlords rarely had to worry about property damage or disputes. But times have changed. Today, smart landlords are taking a more cautious and thorough approach—because unfortunately, not every renter is reliable. Without proper screening, you could find yourself dealing with unpaid rent, damaged property, and stressful legal issues. To help you avoid those pitfalls, Larry Hann, a seasoned real estate agent in St. John’s, shares his top tenant screening tips. These steps will help you attract trustworthy tenants while staying within the bounds of Newfoundland’s Residential Tenancies Act and Human…
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