Purchasing a Home in the Current Market

 The recent market slowdown has created unique opportunities for buyers. With improved conditions for negotiation, decreasing fixed mortgage rates, and the potential to leverage mortgage portability, now is an ideal time to consider
purchasing a home. Let’s explore the advantages of today’s market and how you can make the most of them.

 Purchasing a home in the current market

In September there was a lot of talk on the return of the real estate summer slowdown. I addressed the concern and panic among some sellers in my  newsletter, and how this shift is an integral part of the ever-evolving real estate landscape. This volume will focus on the advantages of being a purchaser in the current market.


Healthy Market Stability: While the market's pace may have slowed down, it’s important to recognize that this is a sign of a healthy and balanced market. Buyers now have the opportunity to conduct thorough due diligence before finalizing a property purchase. Conditions like financing, inspections, and sale of property are back in play, allowing buyers to make informed decisions.


Fixed Interest Rates: The topic of interest rates has recently experienced day-to-day fluctuations. With the Bank of Canada bond yields decreasing this week, we anticipate a continued reduction in fixed mortgage rates. It's important to note that bond yields and fixed mortgage rates have a direct connection. Meaning when bond yields lower, fixed interest rates decrease. Although lenders have begun to reduce their fixed rates, the decrease is not as significant as the fall in bond yields. Current rates for an insurable 5-year fixed are 5.75%. Lenders rates tend to take the elevator on the way up and the stairs on the way down. Overall this is excellent news for anyone with a mortgage renewal approaching in the near future.

 

Your Current Mortgage: This is a crucial topic that may determine whether now is the right time to make a move. Some mortgages are portable (check with your mortgage agent to confirm if yours is). If this is the case, you will be able to transfer the remaining balance of your mortgage to another property, while the amount above and beyond is calculated at today's rate. This might be a great time for you to make a move. Why? The majority of purchasers are qualifying their entire mortgage at today's rate. This means that your transferable mortgage enhances the overall affordability. You might be wondering, "What happens when I have to renew my mortgage?" Well, we can't predict the future, but based on reports from the Bank of Canada and major Canadian banks, both fixed and variable mortgage rates are expected to continue to decrease in the foreseeable future.


Strategies for Sellers: After considering the information above, you may be thinking this is a good opportunity. It's important to remember that homes are not selling as quickly as they once were. Now, more than ever, it's crucial to price your property correctly and market it effectively.


Correct Pricing: Analyzing recent sales and market trends to determine a competitive and realistic asking price for your property is crucial in this market. Pricing your home in line with market conditions can help attract more buyers, reduce the time to sell, and make the selling process less stressful.


Staging and Presentation: Having an agent who invests in home staging and presentation is important. A well-staged home can make a significant difference in attracting potential buyers, even in a slower market.


Effective Marketing: Ensure your property is well-marketed, both online and offline. High-quality photos, detailed listings, and targeted marketing strategies can make your home stand out and attract more showings.


Flexibility: Be open to negotiations and flexible with terms. Consider offers that may involve a slightly longer closing period or other concessions to make your property more appealing.

In conclusion, the shifts in the market have opened up many excellent opportunities for individuals and families looking to make a move. With the right strategies and guidance, both buyers and sellers can confidently navigate these changes and successfully transact in the Guelph real estate market.

Here at the Hudson Smith Real Estate Group, we are committed to providing you with the best advice and support for all your real estate needs. We understand the local market intricacies and tailor our services to your unique needs.


If you have any questions about Guelph and the surrounding market, don't hesitate to reach out. We're here to assist you at every step of the journey.

Written by: Mathew Scott, Sales Representative

Your Guide to the Holiday Season in Guelph

By Hudson Smith • December 3, 2025
There’s something special about Guelph in December. The lights feel a little brighter, the downtown feels a little cozier, and the whole city comes alive with traditions that bring our community together. To help you make the most of the season, we’ve put together a simple guide to some of our favourite local holiday events — the ones that make living in Guelph feel like home. Spirit of the Season December 5–7 & December 12–14 — Downtown Guelph Downtown transforms into a festive hub filled with twinkling lights, artisan vendors, live entertainment, and warm holiday energy. It’s the perfect place to support local businesses, enjoy a hot drink, and soak in the magic with friends or family. If you’re looking for that “start of the holidays” feeling, this is it. Sparkles in the Park December 13–31 — Riverside Park Every evening, Riverside Park lights up with spectacular displays — glowing tunnels, festive scenes, and whimsical designs that bring out everyone’s inner child. And this year, keep an eye out for The Hudson Smith Group lighting display among the magic — we’re proud to support this beautiful community tradition with the Guelph Rotary Club. Even better? The carousel rides are free, and there’s a fireworks show on New Year’s Eve. Santa Run & Santa Claus Parade Saturday, December 6 - Santa Run 4:55 PM & Parade 5:30 PM One of Guelph’s most beloved traditions. The evening starts with the Santa Run — a quick, fun, festive dash — followed by the parade winding through downtown with music, lights, and holiday cheer. It’s a great way to kick off December with the whole family. Old Quebec Street Christmas Market Dates vary through December A cozy, European-style indoor market right in the heart of the city. Expect local makers, handmade gifts, warm drinks, and the perfect place to finish (or start!) your holiday shopping while supporting local vendors. Market Square Skating All winter long — weather permitting Nothing feels more festive than skating under the lights in front of City Hall. Bring a friend, grab a hot chocolate afterward, and enjoy one of Guelph’s simplest — and most nostalgic — winter traditions. Giving Back This Season If you’re looking to make a difference this year, consider supporting one of Guelph’s incredible community organizations, including: The Guelph Food Bank Royal City Mission Hope House Toys for Tots / local toy drives Rotary initiatives A little kindness goes a long way during the holidays. From Our Team to Yours The holidays are a time to slow down, reflect, and appreciate the people who make our community special. Whether we’ve worked together this year or you’ve simply followed along with our journey — thank you. Your trust and support mean the world. Wishing you a warm, joyful, magical holiday season from all of us at the Hudson Smith Group.

A Rare Dual-Residence Bungalow in Guelph’s Old University Neighbourhood

November 14, 2025
Have you ever wished you could have more space — without sacrificing connection? Across Guelph, more families are embracing two-family or multi-generational living as the perfect blend of connection, independence, and financial practicality. Whether supporting aging parents, welcoming adult children home, or creating separate living quarters for long-term stability, buyers want homes that can comfortably and naturally support two households. But as demand grows, suitable properties have become almost impossible to find—especially in walkable, highly established neighbourhoods like Old University. That’s what makes 36 Harcourt Drive such an extraordinary opportunity: a true two-family home that offers space, flexibility, privacy, and location without compromise.

Winter Curb Appeal: How to Make Your Home Stand Out in the Snow

By Hudson Smith • November 12, 2025
When the snow starts to fall, it has a way of transforming everything — streets, parks, and even front yards take on a quiet, magical charm. But for sellers, winter can also mean extra effort to make sure that charm extends to your home. Curb appeal doesn’t hibernate when the temperature drops — in fact, it matters even more. Here’s how to make your home shine this season and capture that “warm welcome” feeling buyers love, even on the coldest day. Light the Way Winter days are short, which means lighting plays a starring role. Swap out dim porch bulbs for bright, warm-toned LEDs and consider adding soft string lights or lanterns along your walkway. A well-lit entryway not only looks beautiful in twilight photos — it instantly feels inviting. Add a Pop of Colour When the landscape is all whites and greys, a bold front door makes a statement. Deep navy, forest green, or classic red can instantly lift a neutral exterior. If you’re not ready to repaint, a colourful winter wreath or fresh greenery can achieve the same welcoming effect. Dress Up with Winter Greenery Who says planters are only for summer? Evergreen boughs, birch branches, and pinecones arranged in large planters add life and texture to your front entry. They photograph beautifully and bring natural warmth to even the snowiest setting. Keep It Clean and Clear Shovel paths, sprinkle salt, and make sure steps are safe and tidy. It’s one of the simplest ways to show care — and it makes a lasting first impression for both buyers and photographers. Bonus: a clean driveway and entryway make your listing photos feel crisp and polished. Set the Scene for “Cozy” Winter buyers are looking for warmth — literally and emotionally. A soft glow from the windows, a hint of smoke from a chimney, or a front door framed by lanterns all help tell that story. These small touches help buyers imagine themselves stepping into comfort after a snowy day. Thinking of Selling This Winter? A fresh layer of snow doesn’t mean you have to wait until spring. With the right presentation, your home can look more inviting than ever. Selling in winter? We’ll make sure your home stands out — even when everything’s covered in snow. hudson@hudsonsmith.ca | 519-821-3600 | hudson@hudsonsmith.ca
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